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Olympia Fields 60461
2421 Saint Andrews Drive
$380,000
● House - Off Market

2421 Saint Andrews Drive

Olympia Fields, IL 60461
bedrooms
4 Beds
bathrooms
3 Baths
square feet
4,358 Ft²
$3,330
Est. Monthly
3.50%
Cap Rate

About This Property

** Multiple offers received, highest and best offers due Wednesday 7/31/24 at 5:00 PM. ** Here's your chance to own a 4 bed, 3 bath Olympia fields home on a lovely 100x150' wooded lot. You'll find a 3 car garage, expansive deck with Gazebo, and shaded yard with mature trees. High ceilings throughout with a two story foyer and family room. Bright sunroom off the eating area and dedicated office space on the first floor. The large primary bedroom features a gas fireplace and expansive walk-in closet. The primary bathroom has dual sinks, whirlpool tub, walk-in shower and a water closet. Deep unfinished basement with a rough in provides the perfect canvas for you to finish. This is an excellent opportunity for investors, rehabbers, and developers. Conveyed As-is.
Unit Size
4,358 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$84
Property Type
House
Property Taxes
$1,537
HOA Dues
-
Year Built
1995

Payment Calculator

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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 #12122787)

Price History

Date / Event Date Event Price
Oct 8, 2024 Sold
Premium
Sold
Aug 5, 2024 In contract -
In contract
Jul 27, 2024 Listed by Compass $365,000
Listed by Compass

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • 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: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,358
  • Gross Building Area: 4,358
  • Building Area: 4,358
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 4,358
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREENS SUB PHASE1
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-08
  • Legal Description 1: THE (GREENS) SUB (PHASE1) BNG A SUB OF PT OF THE EH O F SEC 13-35-13

Neighborhood

  • School District Name: Flossmoor School District 161
  • Census Tract: 830005

Geography

  • District: 32
  • Subdivision Phase Number: 1
  • Parcel: 31-13-203-002-0000
  • Block: 10
  • Lot: 36
  • Meridian: SEC 13 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5234
  • Longitude: -87.6753

    Address

  • Full Address: 2421 Saint Andrews Dr
  • Address - House Number: 2421
  • Address - Street Name: Saint Andrews
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Olympia Fields
  • Carrier Code: C001
  • 4-Digit Zip Code: 1164
  • Zip Code: 60461

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,844,223
  • Tax Rate Code Area: 32010

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 561,273
  • High Value: 689,434
  • Low Value: 433,112

    Market Valuation

  • Market Total Value: $430,000
  • Market Land Value: $90,000
  • Market Improvement Value: $340,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,000
  • Assessed Land Value: $9,000
  • Assessed Improvements Value: $34,000

    Sales

  • Current Sale Contract Date: Jul 13, 1994
  • Current Sale Recording Date: Jul 14, 1994
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 94615988

    Financing

  • First Mortgage Financing Type: VAR
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 Olympia Fields

Stats & Trends

Median Asking:

$369,900

Sale Price/ft²

$141

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2681 ft²

Average Home Age

57.5 years

Currently For Sale

17 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: Michael Graff, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 12122787
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 2421 St Andrews Drive built and last sold?
The property at 2421 St Andrews Drive was built in 1995 and last sold on Jul 13, 1994 for $90,000.
How much is this home worth?
The estimated value of the home located at 2421 St Andrews Drive is $0.
What are some comparable homes to 2421 St Andrews Drive?
There are currently no comparable homes to 2421 St Andrews Drive.
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