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Olympia Fields 60461
20540 Hellenic Drive
$495,000
● House - Off Market

20540 Hellenic Drive

Olympia Fields, IL 60461
bedrooms
4 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
4,374 Ft²
$4,326
Est. Monthly
1.95%
Cap Rate

About This Property

Stately brick 4 bedroom 2 story with circular front drive. Oversized rooms throughout the luxurious main level - living room with fireplace, gathering room with 2nd fireplace, dining room to seat a crowd, kitchen with eating area, private den with separate entrance, and 2 half baths. You'll certainly find the WOW factor here! Upstairs there are 4 bedrooms and 3 baths. Primary bedroom with private bath has double vanities and whirlpool tub. Bedrooms 2 and 3 share a full bath and bedroom 4 also has it's own private bath. New roof, 2 new furnaces and central air units. New flooring throughout, freshly painted and ready for you to move in and live the good life! 3 season room off the back, 3 car garage and fenced yard. This is a Fannie Mae Homepath property.
Unit Size
4,374 Ft²
Days on Market
-
Land Size
-
Price per sqft
$113
Property Type
House
Property Taxes
$1,895
HOA Dues
-
Year Built
1987

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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: 2 years ago (MRED MLS #11851918)

Price History

Date / Event Date Event Price
Oct 17, 2024 Sold
Premium
Sold
Aug 6, 2024 In contract -
In contract
Aug 2, 2024 Relisted $495,000
Relisted
Aug 4, 2023 Listed by RE/MAX 10 $495,000
Listed by RE/MAX 10
Mar 17, 2019 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • 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: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,000
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,374
  • Gross Building Area: 4,374
  • Building Area: 4,374
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 4,374
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLYMPIA WOODS ESTATES
  • Land Acres: 0000000482
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-08
  • Legal Description 1: (OLYMPIA)(WOODS)(ESTATES) SUB OF ALL OF BLKS 11 & 12 & VAC ALLEYS W & ADJ BLKS OF OLYMPIA FIELDS SUB EH OF SE WITH TRACT OF L

Neighborhood

  • School District Name: Matteson Elementary School District 162
  • Census Tract: 830005

Geography

  • District: 32
  • Parcel: 31-14-408-016-0000
  • Block: 11,12
  • Lot: 6
  • Meridian: SEC 14 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5155
  • Longitude: -87.6968

    Address

  • Full Address: 20540 Hellenic Dr
  • Address - House Number: 20540
  • Address - Street Name: Hellenic
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Olympia Fields
  • Carrier Code: C004
  • 4-Digit Zip Code: 1424
  • Zip Code: 60461

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,285,895
  • Tax Rate Code Area: 32009

    Appraisal Valuation

  • Standard Deviation: 0.1024
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 90
  • Final Value: 468,629
  • High Value: 516,662
  • Low Value: 420,596

    Market Valuation

  • Market Total Value: $400,000
  • Market Land Value: $78,750
  • Market Improvement Value: $321,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,000
  • Assessed Land Value: $7,875
  • Assessed Improvements Value: $32,125

    Sales

  • Current Sale Contract Date: Aug 21, 2018
  • Current Sale Recording Date: Sep 06, 2018
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 1824934047
  • Previous Sale Recording Date: Sep 05, 2007
  • Previous Sale Contract Date: Aug 06, 2007
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: 68
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 Olympia Fields

Stats & Trends

Median Asking:

$357,500

Sale Price/ft²

$141

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2797 ft²

Average Home Age

59.2 years

Currently For Sale

13 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 3706 211th Place, Matteson, IL, 60443

$3,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,275 ft²
3706 211th Place, Matteson, IL, 60443 Listing by Brandy Cafarelli

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jack Wolf, RE/MAX 10
Last Updated: 2 years ago
Data Source: MRED, MLS# 11851918
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 20540 Hellenic Drive built and last sold?
The property at 20540 Hellenic Drive was built in 1987 and last sold on Aug 21, 2018 for $0.
How much is this home worth?
The estimated value of the home located at 20540 Hellenic Drive is $0.
What are some comparable homes to 20540 Hellenic Drive?
There are currently no comparable homes to 20540 Hellenic Drive.
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