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Mokena 60448
19516 Midland Avenue
$225,000
● House - Off Market

19516 Midland Avenue

Mokena, IL 60448
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,359 Ft²
$219,963
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

If you are looking for that quiet street with mature trees and charm, but only 5 minutes walk to Front Street in downtown Mokena- This is the home for you. Priced to sell and ready for new owners, get your showing in quickly. 3 BED. 2 BATH. Fenced yard. Full unfinished basement. Perfect layout to design an open concept dream home or live as is. This home is being sold as-is.
Unit Size
1,359 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$158
Property Type
House
Property Taxes
$250
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11433902)

Price History

Date / Event Date Event Price
Jul 22, 2022 Sold
Premium
Sold
Jun 13, 2022 Listed by eXp Realty, LLC $215,000
Listed by eXp Realty, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,500
  • Total Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: K

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CARPENTERS ADDITION TO MOKENA
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: THE N'LY 50 FT OF THE S'LY 105 FT OF THAT PRT OF LOT 5 LYING IMMEDIATELY N OF AND ADJACENT TO THE N'LY LN OF CARPENTER STREET

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 883521

Geography

  • Parcel: 19-09-08-304-014
  • Block: 2
  • Lot: 5
  • Municipality: FRANKFORT
  • Latitude: 41.5348
  • Longitude: -87.8843

    Address

  • Full Address: 19516 Midland Ave
  • Address - House Number: 19516
  • Address - Street Name: Midland
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Mokena
  • Carrier Code: C035
  • 4-Digit Zip Code: 1527
  • Zip Code: 60448

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $328,124
  • Tax Rate Code Area: 1910

    Appraisal Valuation

  • Standard Deviation: 0.1679
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 252,742
  • High Value: 295,183
  • Low Value: 210,301

    Market Valuation

  • Market Total Value: $139,125
  • Market Land Value: $37,080
  • Market Improvement Value: $102,045

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,375
  • Assessed Land Value: $12,360
  • Assessed Improvements Value: $34,015

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 22, 2022
  • Current Sale Recording Date: Jul 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 57261
  • Previous Sale Recording Date: Nov 16, 1998
  • Previous Sale Contract Date: Nov 05, 1998
  • Previous Sale Amount: $132,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Mokena

Stats & Trends

Median Asking:

$467,000

Sale Price/ft²

$201

Below Asking

0.01%

Average Days on Market

45

Average Home Size

3143 ft²

Average Home Age

25.8 years

Currently For Sale

46 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Lindsey Hazdra, eXp Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11433902
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 19516 Midland Avenue built and last sold?
The property at 19516 Midland Avenue was built in 1920 and last sold on Jul 22, 2022 for $225,000.
How much is this home worth?
The estimated value of the home located at 19516 Midland Avenue is $0.
What are some comparable homes to 19516 Midland Avenue?
There are currently no comparable homes to 19516 Midland Avenue.
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