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Dixmoor 60426
2223 Spaulding Avenue
$20,010
● House - Off Market

2223 Spaulding Avenue

DIXMOOR, IL 60426
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
775 Ft²
$37,474
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model

About This Property

Lots of potential in this Fannie Mae HomePath property on a corner lot. 2 Bedrooms up with bath and 2 Bedrooms with Family Room and 1/2 bath in Lower Level. Deck, 2-Car Garage and proximity to shopping and interstate access.
Unit Size
775 Ft²
Days on Market
-
Land Size
-
Price per sqft
$29
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1972

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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 #09396609)

Price History

Date / Event Date Event Price
Feb 24, 2017 Sold
Premium
Sold
Nov 29, 2016 Listed by Coldwell Banker The Real Estate Group $22,500
Listed by Coldwell Banker The Real Estate Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,803
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 775
  • Gross Building Area: 775
  • Building Area: 775
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 775
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REXFORD & BELLAMYS ADD TO HARVEY
  • Land Acres: 0000000179
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (REXFORD) & (BELLAMYS) ADD TO (HARVEY) OF NH SEC 07-36-14

Neighborhood

  • School District Name: Thornton Township High School District 205
  • Census Tract: 826800

Geography

  • District: 37
  • Parcel: 29-07-117-028-0000
  • Block: 12
  • Lot: 1,2
  • Meridian: SEC 07 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.6289
  • Longitude: -87.6716

    Address

  • Full Address: 2223 Spaulding Ave
  • Address - House Number: 2223
  • Address - Street Name: Spaulding
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Dixmoor
  • Carrier Code: C015
  • 4-Digit Zip Code: 1020
  • Zip Code: 60426

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $349,123
  • Tax Rate Code Area: 37045

    Appraisal Valuation

  • Standard Deviation: 0.251
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 104,425
  • High Value: 130,645
  • Low Value: 78,204

    Market Valuation

  • Market Total Value: $83,000
  • Market Land Value: $19,510
  • Market Improvement Value: $63,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,300
  • Assessed Land Value: $1,951
  • Assessed Improvements Value: $6,349

    Sales

  • Current Sale Contract Date: Feb 16, 2017
  • Current Sale Recording Date: Mar 08, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1706718046
  • Previous Sale Recording Date: May 22, 2015
  • Previous Sale Contract Date: May 18, 2015
  • Previous Sale Document Type: 64
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 Dixmoor

Stats & Trends

Median Asking:

$100,000

Sale Price/ft²

$86

Below Asking

0.03%

Average Days on Market

35

Average Home Size

1329 ft²

Average Home Age

73.5 years

Currently For Sale

8 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: , Coldwell Banker The Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 09396609
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 2223 Spaulding Avenue built and last sold?
The property at 2223 Spaulding Avenue was built in 1972 and last sold on Feb 16, 2017 for $20,500.
How much is this home worth?
The estimated value of the home located at 2223 Spaulding Avenue is $26,777.
What are some comparable homes to 2223 Spaulding Avenue?
There are currently no comparable homes to 2223 Spaulding Avenue.
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