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Frankfort 60423
234 N Maple Street
$319,000
● House - Off Market

234 N Maple Street

Frankfort, IL 60423
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,240 Ft²
$317,213
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

This is a must see! Original owners ~ well cared for 3 bedroom, 1 1/2 bath ranch home in the award winning Frankfort and Lincoln-Way school districts ~ Hardwood under carpeting ~ whole house generator ~ maintenance free exterior ~ Leaf Guard gutter system ~ 2 1/2 car attached garage ~  Huge fenced backyard! Close to shopping and restaurants - walk to Lincoln Meadows Park ~ call for your private showing today!
Unit Size
1,240 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$257
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1959

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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 #11822507)

Price History

Date / Event Date Event Price
Aug 31, 2023 Sold
Premium
Sold
Jul 3, 2023 Listed by Dunn & Niemann Real Estate $319,000
Listed by Dunn & Niemann Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 550
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,169
  • Total Building Area: 1,240
  • Building Area: 1,240
  • Building Area Measurement: K

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 1,240
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CO LINCOLN MEADOWS
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 6 BLOCK 5 IN ARTHUR T MCINTOSH CO'S LINCOLN MEADOWS, A SUB OF PRT OF THE NW 1/4 OF THE SE 1/4 OF SEC 21 T35N-R12E.

Neighborhood

  • School District Name: Frankfort Community Consolidated School District 157C
  • Census Tract: 883516

Geography

  • Parcel: 19-09-21-404-015
  • Block: 5
  • Lot: 6
  • Meridian: SEC 21 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.5039
  • Longitude: -87.8554

    Address

  • Full Address: 234 N Maple St
  • Address - House Number: 234
  • Street Direction: N
  • Address - Street Name: Maple
  • Address - Suffix Type: St
  • State: IL
  • City Name: Frankfort
  • Carrier Code: C001
  • 4-Digit Zip Code: 1240
  • Zip Code: 60423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $375,444
  • Tax Rate Code Area: 1906

    Appraisal Valuation

  • Standard Deviation: 0.0877
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 92
  • Final Value: 313,946
  • High Value: 341,499
  • Low Value: 286,393

    Market Valuation

  • Market Total Value: $242,982
  • Market Land Value: $44,748
  • Market Improvement Value: $198,234

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,994
  • Assessed Land Value: $14,916
  • Assessed Improvements Value: $66,078

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 28, 2023
  • Current Sale Recording Date: Sep 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 47666
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 Frankfort

Stats & Trends

Median Asking:

$659,900

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3332 ft²

Average Home Age

30 years

Currently For Sale

63 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: Cheryl Colanto, Dunn & Niemann Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11822507
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 234 North Maple Street built and last sold?
The property at 234 North Maple Street was built in 1959 and last sold on Aug 28, 2023 for $319,000.
How much is this home worth?
The estimated value of the home located at 234 North Maple Street is $0.
What are some comparable homes to 234 North Maple Street?
There are currently no comparable homes to 234 North Maple Street.
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