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Flossmoor 60422
2940 FLOSSMOOR Road
$295,000
● House - Off Market

2940 FLOSSMOOR Road

FLOSSMOOR, IL 60422
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,200 Ft²
$554,913
RealtyHop Estimate
85.03%
Since Mar 1, 2008
National-US
Primary Model

About This Property

STUNNING SPRAWLING CONTEMP. KELK RANCH 3200 SQ. FT. IN HEATHER HILL. COMPLETELY RENOVATED W/HUGE LR/DR W/NEW H/W FLRS, FLR 2 CEILING WNDWS & BRK FPL. NEW KIT W/ISLAND, CUSTOM BI APPLS GRANITE TOPS, BRK NOOK W/EXIT TO PRVTE PATIO, NEW ZONED F/A FURNACE & C/A, CEDAR CLOSET, ALL 3.1 BATHS NEWLY REMODELED W/GRANITE, CERAMIC FLRS, JACUZZI, SEP SHOWER, MBR SUITE W/I CLOSET, BI STORAGE, NEW RUBBER ROOF. COMPLETE 12/15/07.
Unit Size
3,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$94
Property Type
House
Property Taxes
$589
HOA Dues
-
Year Built
1970

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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: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 8
  • 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: 16,151
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,441
  • Gross Building Area: 3,441
  • Building Area: 3,441
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,441
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HEATHER HILL
  • Land Acres: 0000000371
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04
  • Legal Description 1: (HEATHER)(HILL) RESUB R LUTGERTS SUB OF PT NW SEC 12-35-13

Neighborhood

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

Geography

  • District: 32
  • Parcel: 31-12-101-042-0000
  • Block: 1
  • Lot: 1
  • Meridian: SEC 12 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5422
  • Longitude: -87.6886

    Address

  • Full Address: 2940 Flossmoor Rd
  • Address - House Number: 2940
  • Address - Street Name: Flossmoor
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Flossmoor
  • Carrier Code: C006
  • 4-Digit Zip Code: 1154
  • Zip Code: 60422

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,251,621
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 32012

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 220,875
  • High Value: 243,207
  • Low Value: 198,543

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $88,830
  • Market Improvement Value: $181,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $8,883
  • Assessed Improvements Value: $18,117

    Sales

  • Current Sale Contract Date: May 24, 2023
  • Current Sale Recording Date: Jun 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6473
  • Previous Sale Recording Date: Sep 12, 2022
  • Previous Sale Contract Date: Jul 27, 2022
  • Previous Sale Amount: $201,400
  • Previous Sale Document Type: 68
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

$152

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2404 ft²

Average Home Age

60.2 years

Currently For Sale

37 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 18019 Ravisloe Terrace, Country Club Hills, IL, 60478

$2,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,150 ft²
18019 Ravisloe Terrace, Country Club Hills, IL, 60478 Listing by Ola Sanni
Unit for rent at 4453 Provincetown Drive, Country Club Hills, IL, 60478

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,300 ft²
4453 Provincetown Drive, Country Club Hills, IL, 60478 Listing by Jomont Dotton

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: James Mattz, Century 21 Affiliated
Data Source: MRED, MLS# MRD06738476
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 2940 Flossmoor Road built and last sold?
The property at 2940 Flossmoor Road was built in 1970 and last sold on May 24, 2023 for $225,000.
How much is this home worth?
The estimated value of the home located at 2940 Flossmoor Road is $313,873.
What are some comparable homes to 2940 Flossmoor Road?
There are currently no comparable homes to 2940 Flossmoor Road.
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