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Olympia Fields 60461
2617 Corinth Road
$307,000
● House - Off Market

2617 Corinth Road

Olympia Fields, IL 60461
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,397 Ft²
$302,175
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Welcome to this large, meticulously maintained, charming 2 story home. The property sits on a quiet street yet close to everything. It boasts a large, formal dining area and informal dining off the kitchen. Large master bedroom with private bath and 3 Very spacious bedrooms all on 2nd level. 2 additional bathrooms (full in upstairs hall and 1/2 bath off kitchen. The basement is finished with recreation room, wet bar with stools and lighted cabinets , additional dining area, exercise/office area and huge laundry/utility room. The garage is a 2.5 car over sized with storage on the sides and in back. Home rests on a 1/3 acre lot, has a low level deck off the patio doors, and is fenced on all sides.  This home is ready for it's new owner to move right in.
Unit Size
2,397 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$124
Property Type
House
Property Taxes
$685
HOA Dues
-
Year Built
1974

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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 #11737468)

Price History

Date / Event Date Event Price
Apr 28, 2023 Sold
Premium
Sold
Mar 13, 2023 Listed by Baird & Warner $297,000
Listed by Baird & Warner

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 8
  • 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: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,200
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,397
  • Gross Building Area: 2,397
  • Building Area: 2,397
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,397
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ATHENIA PARK
  • Land Acres: 0000000372
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (ATHENIA)(PARK) SUB OF NE EX E 22.5ACS OF N 45ACS & E X COMMENC AT SE CORNER OF 45ACS S ALONG E LN 330FT W TO W LN OF EH OF N

Neighborhood

  • School District Name: Matteson Elementary School District 162
  • Census Tract: 830005

Geography

  • District: 32
  • Parcel: 31-24-205-024-0000
  • Block: 6
  • Lot: 15
  • Meridian: SEC 24 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5083
  • Longitude: -87.6804

    Address

  • Full Address: 2617 Corinth Rd
  • Address - House Number: 2617
  • Address - Street Name: Corinth
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Olympia Fields
  • Carrier Code: C006
  • 4-Digit Zip Code: 1814
  • Zip Code: 60461

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $819,366
  • Tax Rate Code Area: 32009

    Appraisal Valuation

  • Standard Deviation: 0.2323
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 321,134
  • High Value: 395,754
  • Low Value: 246,514

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $72,900
  • Market Improvement Value: $207,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $7,290
  • Assessed Improvements Value: $20,710

    Sales

  • Current Sale Contract Date: Apr 12, 2023
  • Current Sale Recording Date: May 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 28124
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:

$361,250

Sale Price/ft²

$141

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2750 ft²

Average Home Age

60.1 years

Currently For Sale

13 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 21510 Maple Street, Matteson, IL, 60443

$2,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,025 ft²
21510 Maple Street, Matteson, IL, 60443 Listing by Kimberly Mc Aloon
Unit for rent at 312 Winnebago Street, Park Forest, IL, 60466

$2,400 /mo

  • 3 Beds
  • 2 Baths
312 Winnebago Street, Park Forest, IL, 60466 Listing by Howard Thomas

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Margot Courson, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11737468
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 2617 Corinth Road built and last sold?
The property at 2617 Corinth Road was built in 1974 and last sold on Apr 12, 2023 for $307,000.
How much is this home worth?
The estimated value of the home located at 2617 Corinth Road is $0.
What are some comparable homes to 2617 Corinth Road?
There are currently no comparable homes to 2617 Corinth Road.
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