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Matteson 60443
228 Oriole Road
$260,000
● House - Off Market

228 Oriole Road

Matteson, IL 60443
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,730 Ft²
$1,844
Est. Monthly
7.64%
Cap Rate

About This Property

Don't miss out on this beautifully maintained and updated 3-bedroom, 1.5-bath home! Featuring plenty of countertop space, an eat-in kitchen with a dedicated dining area, a spacious living room off kitchen area, then step downstairs to the spacious family room. Upstairs to your primary bedroom with a full hallway bathroom. This home has everything you need. Step outside to enjoy the large, fenced-in backyard-perfect for relaxing or entertaining. Located in the desirable Woodgate neighborhood, you'll love having access to a community park, walking path, and baseball fields, all while being just minutes from I-57, I-80, shopping centers, and the Metra. Act fast-this home will not last long.
Unit Size
1,730 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$149
Property Type
House
Property Taxes
$576
HOA Dues
-
Year Built
1975

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,400
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,730
  • Gross Building Area: 1,730
  • Building Area: 1,730
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,730
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODGATE GREEN UNIT4
  • Land Acres: 0000000193
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-07
  • Legal Description 1: (WOODGATE)(GREEN)(UNIT4) SUB OF PT OF EH NW & WH NE SEC 17-35-13

Neighborhood

  • School District Name: Elementary School District 159
  • Census Tract: 830003

Geography

  • District: 32
  • Parcel: 31-17-207-034-0000
  • Lot: 529
  • Meridian: SEC 17 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5218
  • Longitude: -87.7609

    Address

  • Full Address: 228 Oriole Rd
  • Legal Unit: 4
  • Address - House Number: 228
  • Address - Street Name: Oriole
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Matteson
  • Carrier Code: C005
  • 4-Digit Zip Code: 1019
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $622,825
  • Tax Rate Code Area: 32022

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 263,211
  • High Value: 323,313
  • Low Value: 203,109

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $33,600
  • Market Improvement Value: $166,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $3,360
  • Assessed Improvements Value: $16,640

    Sales

  • Current Sale Contract Date: Dec 07, 1999
  • Current Sale Recording Date: Dec 09, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 09147789
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 Matteson

Stats & Trends

Median Asking:

$267,000

Sale Price/ft²

$152

Below Asking

0.02%

Average Days on Market

62

Average Home Size

1591 ft²

Average Home Age

44.3 years

Currently For Sale

35 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 103 Red Barn Road, Matteson, IL, 60443

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 980 ft²
103 Red Barn Road #103, Matteson, IL, 60443 Listing by Amber Holup

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: John Litrenta, Redfin Corporation
Data Source: MRED, MLS# MRD12379331
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 228 Oriole Road built and last sold?
The property at 228 Oriole Road was built in 1975 and last sold on Dec 7, 1999 for $111,500.
How much is this home worth?
The estimated value of the home located at 228 Oriole Road is $261,224.
What are some comparable homes to 228 Oriole Road?
There are currently no comparable homes to 228 Oriole Road.
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