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Olympia Fields 60461
20541 Marathon Court
$355,000
● House - Off Market

20541 Marathon Court

Olympia Fields, IL 60461
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,800 Ft²
$355,996
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

REMARKABLE, SPRAWLING 4 BEDROOM, 2.5 BATH QUAD-LEVEL TUCKED AWAY IN A CUL-DE-SAC-THIS HOME WAS BEAUTIFULLY REHABBED IN 2023-DESIRABLE OPEN FLOOR PLAN-THE SPACIOUS LIVING ROOM ROLLS RIGHT INTO THE SEPARATE DINING AREA-THE L-SHAPED KITCHEN FEATURES A SEPARATE EATING AREA, NEW QUARTZ COUNTERTOPS, NEW STAINLESS STEEL APPLIANCES, AND NEW WHITE SHAKER CABINETS-THERE ARE  4 ROOMY BEDROOMS WITH GENEROUS CLOSET SPACE-PRIMARY BEDROOM HAS AN EN SUITE BATH-THE SHARED HALLWAY BATHROOM FEATURES A DOUBLE SINK VANITY-THE LOWER LEVEL FAMILY ROOM IS A GREAT AREA TO ENJOY-THE POWDER ROOM IS A TOUCH OF CLASS-THE FINISHED ENGLISH BASEMENT OFFERS MORE SPACE IN THIS ALREADY GREAT SIZED HOME-THE BACKYARD FEATURES A CONCRETE PATIO AND THE HOME FEATURES A 2.5 CAR GARAGE-THIS IS A GREAT HOME!-BROKER-OWNED.
Unit Size
2,800 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$125
Property Type
House
Property Taxes
$728
HOA Dues
-
Year Built
1967

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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 #11725595)

Price History

Date / Event Date Event Price
Apr 7, 2023 Sold
Premium
Sold
Feb 24, 2023 Listed by Village Realty, Inc. $349,900
Listed by Village Realty, Inc.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,842
  • Total Building Area: 1,738
  • Gross Building Area: 1,738
  • Building Area: 1,738
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,738
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRIGGS & SONS ARCADIA
  • Land Acres: 0000000318
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: A G (BRIGGS) & (SONS)(ARCADIA) SUB OF WH OF SE EX 2AC S NE CORNER OF WH OF SE 20RODS DEPTH E-W&16RODS WIDTH N&S ALL PT OF SW

Neighborhood

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

Geography

  • District: 32
  • Parcel: 31-14-303-022-0000
  • Block: 7
  • Lot: 31
  • Meridian: SEC 14 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5152
  • Longitude: -87.7044

    Address

  • Full Address: 20541 Marathon Ct
  • Address - House Number: 20541
  • Address - Street Name: Marathon
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Olympia Fields
  • Carrier Code: C003
  • 4-Digit Zip Code: 1352
  • Zip Code: 60461

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $880,458
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 32009

    Appraisal Valuation

  • Standard Deviation: 0.229
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 287,526
  • High Value: 353,386
  • Low Value: 221,666

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $58,830
  • Market Improvement Value: $151,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $5,883
  • Assessed Improvements Value: $15,117

    Sales

  • Current Sale Contract Date: Mar 20, 2023
  • Current Sale Recording Date: Apr 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19008
  • Previous Sale Recording Date: Jul 07, 2022
  • Previous Sale Contract Date: May 09, 2022
  • Previous Sale Amount: $206,150
  • 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:

$387,700

Sale Price/ft²

$142

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2889 ft²

Average Home Age

53.7 years

Currently For Sale

23 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: Michael Glenn, Village Realty, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11725595
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 20541 Marathon Court built and last sold?
The property at 20541 Marathon Court was built in 1967 and last sold on Mar 20, 2023 for $355,000.
How much is this home worth?
The estimated value of the home located at 20541 Marathon Court is $0.
What are some comparable homes to 20541 Marathon Court?
There are currently no comparable homes to 20541 Marathon Court.
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