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Homewood 60430
1957 Pine Road
$185,000
● House - Off Market

1957 Pine Road

Homewood, IL 60430
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,853 Ft²
$1,790
Est. Monthly
12.59%
Cap Rate

About This Property

Even bigger than it looks from outside, with 4 bedrooms, 2 baths, a big family room, a full basement, 2 car garage and a fenced yard. Recent updates throughout, plus a great location near the Metra, downtown restaurants and shopping and the fantastic Homewood schools make this a great opportunity. Don't miss out! Room sizes are estimated.
Unit Size
1,853 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$102
Property Type
House
Property Taxes
$857
HOA Dues
-
Year Built
1952

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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.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,853
  • Gross Building Area: 1,853
  • Building Area: 1,853
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,853
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GORES SUB
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: W K (GORES) SUB OF PT LYING E OF IC RR SW NE SEC 31-36-14

Neighborhood

  • School District Name: Homewood-Flossmoor Community High School District 233
  • Census Tract: 828401

Geography

  • District: 37
  • Parcel: 29-31-400-047-0000
  • Lot: 34
  • Meridian: SEC 31 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.565
  • Longitude: -87.665

    Address

  • Full Address: 1957 Pine Rd
  • Address - House Number: 1957
  • Address - Street Name: Pine
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Homewood
  • Carrier Code: C007
  • 4-Digit Zip Code: 1332
  • Zip Code: 60430

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $848,806
  • Tax Rate Code Area: 37069

    Appraisal Valuation

  • Standard Deviation: 0.2599
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 268,565
  • High Value: 338,389
  • Low Value: 198,742

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $24,000
  • Market Improvement Value: $216,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $2,400
  • Assessed Improvements Value: $21,600

    Sales

  • Current Sale Contract Date: May 29, 2018
  • Current Sale Recording Date: Jun 15, 2018
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 1816618042
  • Previous Sale Recording Date: Mar 01, 2006
  • Previous Sale Contract Date: Feb 20, 2006
  • Previous Sale Amount: $220,000
  • 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 Homewood

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$171

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1529 ft²

Average Home Age

65.3 years

Currently For Sale

47 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 16963 Shea Avenue, Hazel Crest, IL, 60429

$2,830 /mo

  • 4 Beds
  • 1 Bath
  • 1,205 ft²
16963 Shea Avenue, Hazel Crest, IL, 60429 Listing by Jonathan Denny

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Gary Weglarz, Applebrook Realty, Inc.
Data Source: MRED, MLS# MRD12274055
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 1957 Pine Road built and last sold?
The property at 1957 Pine Road was built in 1952 and last sold on May 29, 2018 for $0.
How much is this home worth?
The estimated value of the home located at 1957 Pine Road is $197,654.
What are some comparable homes to 1957 Pine Road?
There are currently no comparable homes to 1957 Pine Road.
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