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Sauk Village 60411
2221 Rush Street
$85,000
● House - Off Market

2221 Rush Street

Sauk Village, IL 60411
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,321 Ft²
$593
Est. Monthly
23.98%
Cap Rate

About This Property

This 3-bedroom, 2-bathroom home is the perfect opportunity for savvy investors or rehabbers ready to unlock its full potential. With renovations needed throughout, this property has endless possibilities for a creative transformation. Whether you're planning a full flip or a long-term hold, this is your chance to turn a distressed home into a profitable investment. Located in an established neighborhood with strong upside-don't miss out on this value-add opportunity!
Unit Size
1,321 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$76
Property Type
House
Property Taxes
$102
HOA Dues
-
Year Built
2001

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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

Garage

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,940
  • Total Building Area: 1,321
  • Gross Building Area: 1,321
  • Building Area: 1,321
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,321
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CARLISLE ESTATES 01
  • Land Acres: 0000000113
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Bloom Township High School District 206
  • Census Tract: 828503

Geography

  • District: 12
  • Parcel: 32-24-400-058-0000
  • Lot: 4
  • Meridian: SEC 24 TWN 35N RNG 14E
  • Municipality: BLOOM
  • Latitude: 41.5061
  • Longitude: -87.5644

    Address

  • Full Address: 2221 Rush St
  • Address - House Number: 2221
  • Address - Street Name: Rush
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lynwood
  • Carrier Code: C017
  • 4-Digit Zip Code: 6504
  • Zip Code: 60411

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $127,490
  • Tax Rate Code Area: 12064

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 117,163
  • High Value: 134,847
  • Low Value: 99,478

    Market Valuation

  • Market Total Value: $64,690
  • Market Land Value: $17,290
  • Market Improvement Value: $47,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,469
  • Assessed Land Value: $1,729
  • Assessed Improvements Value: $4,740

    Sales

  • Current Sale Contract Date: Jun 10, 2004
  • Current Sale Recording Date: Jul 21, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 0420342032
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 Sauk Village

Stats & Trends

Median Asking:

$189,000

Sale Price/ft²

$150

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1239 ft²

Average Home Age

60.2 years

Currently For Sale

32 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

Rentals Near You

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MRED

Listed by: Halina Zdanowski, LPT Realty
Data Source: MRED, MLS# MRD12439124
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 2221 Rush Street built and last sold?
The property at 2221 Rush Street was built in 2001 and last sold on Jun 10, 2004 for $118,500.
How much is this home worth?
The estimated value of the home located at 2221 Rush Street is $0.
What are some comparable homes to 2221 Rush Street?
There are currently no comparable homes to 2221 Rush Street.
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