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Grundy 60444
2015 S Gorman Road
$170,000
● House - Off Market

2015 S Gorman Road

MAZON, IL 60444
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,650 Ft²
$326,422
RealtyHop Estimate
86.63%
Since Dec 1, 2014
National-US
Primary Model

About This Property

Country living! Located on a one acre lot.  This three bedroom home with 21X21 family room addition. Extremely well maintained. Original hardwood flooring in great condition. Central air. Vinyl windows. Appliances included. Apple and Pear trees, outdoor shed and two car garage.  Coal City school district.
Unit Size
1,650 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$106
Property Type
House
Property Taxes
$164
HOA Dues
-
Year Built
1968

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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 #08708912)

Price History

Date / Event Date Event Price
Nov 20, 2014 Sold
Premium
Sold
Aug 20, 2014 Listed by Coldwell Banker Real Estate Group $174,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,584
  • Gross Building Area: 1,584
  • Building Area: 1,584
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,584
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STR
  • Land Acres: 0000001000
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: 1AC IN NE COR N1/2 NE1/4 SEC 18-32-8

Neighborhood

  • School District Name: Coal City Community Unit School District 1
  • Census Tract: 000600

Geography

  • District: 10
  • Parcel: 09-18-200-002
  • Meridian: SEC 18 TWN 32N RNG 08W
  • Municipality: MAINE TOWNSHIP
  • Latitude: 41.2573
  • Longitude: -88.3427

    Address

  • Full Address: 2015 S Gorman Rd
  • Address - House Number: 2015
  • Street Direction: S
  • Address - Street Name: Gorman
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Mazon
  • Carrier Code: R009
  • 4-Digit Zip Code: 6165
  • Zip Code: 60444

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $434,263
  • Tax Rate Code Area: 10001

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 293,560
  • High Value: 345,680
  • Low Value: 241,440

    Market Valuation

  • Market Total Value: $234,459
  • Market Land Value: $31,839
  • Market Improvement Value: $202,620

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $78,153
  • Assessed Land Value: $10,613
  • Assessed Improvements Value: $67,540

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 20, 2014
  • Current Sale Recording Date: Nov 26, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 550828
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 Grundy

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$184

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2133 ft²

Average Home Age

35 years

Currently For Sale

108 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: Lori Bonarek, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 08708912
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 2015 South Gorman Road built and last sold?
The property at 2015 South Gorman Road was built in 1968 and last sold on Nov 20, 2014 for $170,000.
How much is this home worth?
The estimated value of the home located at 2015 South Gorman Road is $0.
What are some comparable homes to 2015 South Gorman Road?
There are currently no comparable homes to 2015 South Gorman Road.
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