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Will 60448
19538 Cherry Street
$169,900
● House - Off Market

19538 Cherry Street

MOKENA, IL 60448
bedrooms
4 Beds
bathrooms
2 Baths
square feet
912 Ft²
$301,375
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

Don't wait on this one!  This four bed/2 bath home has almost been completely updated top to bottom.  All new flooring, fixtures, countertops, appliances and roof.  Painted in warm neutral colors and crisp white trim, cabinets, and doors.  Big eat in kitchen with slider to spacious multi level deck and above ground pool.  Lower level has fourth bedroom and full bath.  There is also a family room, rec room and laundry!  The listed square footage doesn't include the lower level. Great school districts. Close to I-80 and train station.  Just a block from a community playground, walking/bike path.  This home is move in ready and waiting for you!  Bank owned property being sold as is.
Unit Size
912 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$186
Property Type
House
Property Taxes
$372
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 #09009327)

Price History

Date / Event Date Event Price
Oct 13, 2015 Sold
Premium
Sold
Aug 12, 2015 Listed by Coldwell Banker Real Estate Group $169,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 322
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,306
  • Total Building Area: 912
  • Building Area: 912
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • 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: RAINBOW VALLET ADDITION TO ARBURY HILLS
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 22 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: 19-09-10-317-022
  • Block: C
  • Lot: 22
  • Meridian: SEC 10 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.534
  • Longitude: -87.8409

    Address

  • Full Address: 19538 Cherry St
  • Address - House Number: 19538
  • 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: $580,932
  • Tax Rate Code Area: 1940

    Appraisal Valuation

  • Standard Deviation: 0.1558
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 274,354
  • High Value: 317,123
  • Low Value: 231,584

    Market Valuation

  • Market Total Value: $211,101
  • Market Land Value: $41,316
  • Market Improvement Value: $169,785

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $70,367
  • Assessed Land Value: $13,772
  • Assessed Improvements Value: $56,595

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 20, 2015
  • Current Sale Recording Date: Oct 28, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: R2015093033
  • Previous Sale Recording Date: Oct 28, 2015
  • Previous Sale Contract Date: Feb 27, 2015
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: UNK
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:

$389,900

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2342 ft²

Average Home Age

32.9 years

Currently For Sale

1542 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: Mark Reum, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 09009327
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 19538 Cherry Street built and last sold?
The property at 19538 Cherry Street was built in 1971 and last sold on Aug 20, 2015 for $169,900.
How much is this home worth?
The estimated value of the home located at 19538 Cherry Street is $172,329.
What are some comparable homes to 19538 Cherry Street?
There are currently no comparable homes to 19538 Cherry Street.
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