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Flossmoor 60422
2903 Sunset Avenue
$227,000
● House - Off Market

2903 Sunset Avenue

FLOSSMOOR, IL 60422
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,930 Ft²
$382,945
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

This incredible Ranch Style Home located only blocks to Flossmoor's Village, Metra, Schools, Shops & Award winning Restaurants will offer You a Spacious Family Room and a Gourmet Kitchen which opens out to Your very Private Patio and a Beautiful In Ground Pool, As does Your Master suite complete with a Glamour Bath and Huge walk in closet. The Bright open Living and Dining Rooms with Gleaming Hardwood Floors and the Guest Bed Room are all located on the 1st level. A Huge Office or 3rd. Bedroom are located on the lower level as is a large un-finished space for storage. This truly is a one of a kind Home You Must Visit. Make Your Appointment today & "Find it in Flossmoor!"
Unit Size
1,930 Ft²
Days on Market
-
Land Size
-
Price per sqft
$123
Property Type
House
Property Taxes
$647
HOA Dues
-
Year Built
1966

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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 #09504335)

Price History

Date / Event Date Event Price
May 23, 2017 Sold
Premium
Sold
Feb 15, 2017 Listed by Coldwell Banker Residential $237,000
Listed by Coldwell Banker Residential

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 11
  • Exterior Walls Type: 24
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,720
  • Lot Size Depth Feet: 1,580
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,926
  • Gross Building Area: 1,926
  • Building Area: 1,926
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,926
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FLOSSMOOR TERRACE SECOND
  • Land Acres: 0000000292
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04
  • Legal Description 1: (FLOSSMOOR) TERRACE (SECOND) ADD SUB OF PT OF S 60 AC S OF PT NH NW SEC 12-35-13

Neighborhood

  • School District Name: Homewood-Flossmoor Community High School District 233
  • Census Tract: 829800

Geography

  • District: 32
  • Parcel: 31-12-101-024-0000
  • Lot: 1
  • Meridian: SEC 12 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5414
  • Longitude: -87.687

    Address

  • Full Address: 2903 Sunset Ave
  • Address - House Number: 2903
  • Address - Street Name: Sunset
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Flossmoor
  • Carrier Code: C006
  • 4-Digit Zip Code: 1438
  • Zip Code: 60422

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $929,527
  • Tax Rate Code Area: 32012

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 341,989
  • High Value: 376,567
  • Low Value: 307,411

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $69,960
  • Market Improvement Value: $210,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $6,996
  • Assessed Improvements Value: $21,004

    Sales

  • Current Sale Contract Date: May 23, 2017
  • Current Sale Recording Date: Jun 16, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1716717061
  • Previous Sale Recording Date: Jul 22, 2005
  • Previous Sale Contract Date: Jun 22, 2005
  • Previous Sale Amount: $214,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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 Flossmoor

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$151

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2111 ft²

Average Home Age

58.5 years

Currently For Sale

28 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 2051 Ridge Road, Homewood, IL, 60430

$1,650 /mo

  • 1 Bed
  • 1 Bath
  • 670 ft²
2051 Ridge Road #2B, Homewood, IL, 60430 Listing by Danijela Savic

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Coldwell Banker Residential
Last Updated: 3 years ago
Data Source: MRED, MLS# 09504335
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 2903 Sunset Avenue built and last sold?
The property at 2903 Sunset Avenue was built in 1966 and last sold on May 23, 2017 for $227,000.
How much is this home worth?
The estimated value of the home located at 2903 Sunset Avenue is $242,076.
What are some comparable homes to 2903 Sunset Avenue?
There are currently no comparable homes to 2903 Sunset Avenue.
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