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Olympia Fields 60461
3025 Hermes Drive
$455,000
● House - Off Market

3025 Hermes Drive

Olympia Fields, IL 60461
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,950 Ft²
$3,446
Est. Monthly
$54
HOA / Fees
4.24%
Cap Rate

About This Property

Welcome to Olympia Club.   The first floor invites you to a formal living room, dining room, inviting family room, and an oversized gourmet kitchen with a like-new Bosch appliance suite: cooktop, dishwasher, french door refrigerator, microwave, and double oven. The second floor has four bedrooms, including the large primary bedroom with a double vanity, deep jetted tub, and walk-in closet. The basement runs the floorplan of the entire home, is unflushed, and awaiting your ideas and expansion.
Unit Size
3,950 Ft²
Days on Market
-
Land Size
-
Price per sqft
$119
Property Type
House
Property Taxes
$1,089
HOA Dues
$54
Year Built
2010

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: 2 years ago (MRED MLS #12170011)

Price History

Date / Event Date Event Price
Mar 29, 2025 Sold
Premium
Sold
Feb 22, 2025 In contract -
In contract
Nov 25, 2024 Listed by @properties Christie's International Real Estate $469,000
Listed by @properties Christie's International Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • 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
  • 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: 12,063
  • Total Building Area: 2,778
  • Gross Building Area: 2,778
  • Building Area: 2,778
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,778
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLYMPIA CLUB
  • Land Acres: 0000000277
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

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

Geography

  • District: 32
  • Parcel: 31-13-108-005-0000
  • Lot: 49
  • Municipality: RICH
  • Latitude: 41.5242
  • Longitude: -87.6915

    Address

  • Full Address: 3025 Hermes Dr
  • Address - House Number: 3025
  • Address - Street Name: Hermes
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Olympia Fields
  • Carrier Code: C005
  • 4-Digit Zip Code: 1468
  • Zip Code: 60461

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,354,933
  • Tax Rate Code Area: 32009

    Appraisal Valuation

  • Standard Deviation: 0.2338
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 462,585
  • High Value: 570,758
  • Low Value: 354,412

    Market Valuation

  • Market Total Value: $360,000
  • Market Land Value: $45,240
  • Market Improvement Value: $314,760

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,000
  • Assessed Land Value: $4,524
  • Assessed Improvements Value: $31,476

    Sales

  • Current Sale Contract Date: Aug 08, 2011
  • Current Sale Recording Date: Apr 16, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1210716050
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:

$369,850

Sale Price/ft²

$141

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2709 ft²

Average Home Age

55.9 years

Currently For Sale

18 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 3706 211th Place, Matteson, IL, 60443

$3,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,275 ft²
3706 211th Place, Matteson, IL, 60443 Listing by Brandy Cafarelli

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Naja Morris, @properties Christie's International Real Estate
Last Updated: 2 years ago
Data Source: MRED, MLS# 12170011
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 3025 Hermes Drive built and last sold?
The property at 3025 Hermes Drive was built in 2010 and last sold on Aug 8, 2011 for $315,000.
How much is this home worth?
The estimated value of the home located at 3025 Hermes Drive is $0.
What are some comparable homes to 3025 Hermes Drive?
There are currently no comparable homes to 3025 Hermes Drive.
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