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Will 60448
19526 Cherry Street
$225,000
● House - Off Market

19526 Cherry Street

Mokena, IL 60448
bedrooms
3 Beds
bathrooms
1 Bath
square feet
912 Ft²
$209,171
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Here's your chance to own an adorably updated 3 bedroom, 1 bathroom ranch in Award Winning Lincoln-Way East HS district. New roof, new gutters, soffits and fascia were installed in 2014. Spacious backyard in a beautiful location with a detached 2.5 car garage. Conveniently located near I-80, the Metra, shopping, restaurants, and schools. Schedule your showing today, this one won't last long!!
Unit Size
912 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$219
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11611626)

Price History

Date / Event Date Event Price
Oct 12, 2022 Sold
Premium
Sold
Sep 8, 2022 Listed by Redfin Corporation $199,900
Listed by Redfin Corporation

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Total Rooms: 4
  • Bedroom Count: 2
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,623
  • Total Building Area: 912
  • Building Area: 912
  • Building Area Measurement: K

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 912
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLOCK C RAINBOW VALLEY ADDITION
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 19 BLOCK C IN RAINBOW VALLEY ADDITION TO ARBURY HILLS, BEING A SUB OF PRT OF THE SW1/4 OF SEC. 10, T35N-R12E.

Neighborhood

  • School District Name: Summit Hill School District 161
  • Census Tract: 883513

Geography

  • Parcel: 19-09-10-317-019
  • Block: C
  • Lot: 19
  • Meridian: SEC 10 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.5345
  • Longitude: -87.8409

    Address

  • Full Address: 19526 Cherry St
  • Address - House Number: 19526
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: IL
  • City Name: Mokena
  • Carrier Code: R033
  • 4-Digit Zip Code: 9325
  • Zip Code: 60448

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $547,204
  • Tax Rate Code Area: 1940

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 243,875
  • High Value: 285,554
  • Low Value: 202,196

    Market Valuation

  • Market Total Value: $199,890
  • Market Land Value: $42,228
  • Market Improvement Value: $157,662

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,630
  • Assessed Land Value: $14,076
  • Assessed Improvements Value: $52,554

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 07, 2022
  • Current Sale Recording Date: Oct 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 78000
  • Previous Sale Recording Date: Oct 09, 2014
  • Previous Sale Contract Date: Sep 29, 2014
  • Previous Sale Amount: $95,000
  • 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 Will

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2399 ft²

Average Home Age

31.2 years

Currently For Sale

1462 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

Unit for rent at 8161 W Orchard Drive, Frankfort, IL, 60423

$3,150 /mo

  • 3 Beds
  • 1 Bath
  • 1,250 ft²
8161 W Orchard Drive, Frankfort, IL, 60423 Listing by Beata Krasowski
Unit for rent at 18768 S Burnside Station Drive, Mokena, IL, 60448

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,440 ft²
18768 S Burnside Station Drive, Mokena, IL, 60448 Listing by Mary Maloney

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Amy Gugliuzza, Redfin Corporation
Last Updated: 3 years ago
Data Source: MRED, MLS# 11611626
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 19526 Cherry Street built and last sold?
The property at 19526 Cherry Street was built in 1971 and last sold on Oct 7, 2022 for $225,000.
How much is this home worth?
The estimated value of the home located at 19526 Cherry Street is $0.
What are some comparable homes to 19526 Cherry Street?
There are currently no comparable homes to 19526 Cherry Street.
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