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Sauk Village 60411
22234 Torrence Avenue
$218,000
● House - Off Market

22234 Torrence Avenue

Sauk Village, IL 60411
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,554 Ft²
$1,252
Est. Monthly
12.30%
Cap Rate

About This Property

DO NOT MISS THE OPPORTUNITY TO CALL THIS HOME.  THIS BEAUTIFUL FULLY REHABBED 4 BEDROOM 2 BATHROOM HOME HAS UPDATED KITCHEN WITH GRANITE COUNTERTOPS AND SS APPLIANCES.
Unit Size
1,554 Ft²
Days on Market
-
Land Size
-
Price per sqft
$138
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1968

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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.

Last updated: 3 years ago (MRED MLS #11901047)

Price History

Date / Event Date Event Price
Dec 28, 2023 Sold
Premium
Sold
Oct 9, 2023 Listed by Berkshire Hathaway HomeServices American Heritage $214,900
Listed by Berkshire Hathaway HomeServices American Heritage
Aug 2, 2019 No longer available -
No longer available
Jun 26, 2019 Price Decreased $45,000
↓ $5K (10%)
Price Decreased
May 17, 2019 Listed $50,000
Listed
Cash Sale Investor's Special. Property being sold "AS-IS" Seller may or may NOT clean out property prior to settlement. Seller requests that Buyer use Seller's Title Company. Seller will not consider credits. Motivated Seller. Buyer pays all transfer tax. The manager has listed the unit size as 1202 square feet.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • 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: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,250
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 720
  • Gross Building Area: 720
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 720
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN HILL SUB UNIT5
  • Land Acres: 0000000189
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (INDIAN)(HILL) SUB (UNIT5) SUB IN PT EH SEC 25-35-14

Neighborhood

  • School District Name: Bloom Township High School District 206
  • Census Tract: 828504

Geography

  • District: 12
  • Parcel: 32-25-407-023-0000
  • Lot: 989
  • Meridian: SEC 25 TWN 35N RNG 14E
  • Municipality: BLOOM
  • Latitude: 41.4853
  • Longitude: -87.5583

    Address

  • Full Address: 22234 Torrence Ave
  • Legal Unit: 5
  • Address - House Number: 22234
  • Address - Street Name: Torrence
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Sauk Village
  • Carrier Code: C016
  • 4-Digit Zip Code: 5144
  • Zip Code: 60411

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $233,703
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 12064

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 97,684
  • High Value: 119,989
  • Low Value: 75,379

    Market Valuation

  • Market Total Value: $71,670
  • Market Land Value: $28,880
  • Market Improvement Value: $42,790

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,167
  • Assessed Land Value: $2,888
  • Assessed Improvements Value: $4,279

    Sales

  • Current Sale Contract Date: Nov 16, 2023
  • Current Sale Recording Date: Jan 03, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13118
  • Previous Sale Recording Date: May 28, 2021
  • Previous Sale Contract Date: May 12, 2021
  • Previous Sale Amount: $42,000
  • Previous Sale Document Type: 71
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:

$183,800

Sale Price/ft²

$150

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1069 ft²

Average Home Age

61.7 years

Currently For Sale

30 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 1859 Reichert Avenue, Sauk Village, IL, 60411

$2,600 /mo

  • 5 Beds
  • 2 Baths
  • 1,680 ft²
1859 Reichert Avenue, Sauk Village, IL, 60411 Listing by Pete Rodriguez
Unit for rent at 3518 Jacqueline Drive, Crete, IL, 60417

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 2,085 ft²
3518 Jacqueline Drive, Crete, IL, 60417 Listing by Gino Picciola

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Dan Martinez, Berkshire Hathaway HomeServices American Heritage
Last Updated: 3 years ago
Data Source: MRED, MLS# 11901047
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 22234 Torrence Avenue built and last sold?
The property at 22234 Torrence Avenue was built in 1968 and last sold on Nov 16, 2023 for $218,000.
How much is this home worth?
The estimated value of the home located at 22234 Torrence Avenue is $0.
What are some comparable homes to 22234 Torrence Avenue?
There are currently no comparable homes to 22234 Torrence Avenue.
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