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Markham 60428
3025 Sherwood Avenue
$85,000
● House - Off Market

3025 Sherwood Avenue

Markham, IL 60428
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,048 Ft²
$886
Est. Monthly
19.11%
Cap Rate

About This Property

Fantastic opportunity on a Spacious Markham Ranch in Canterbury! This house provides multiple gathering areas between the Family Room (which also has a 2nd bath), Living Room, and Kitchen with space for eat in table area. A 2 Car Garage and nice sized yard add to everything this house offers! This home is close to Prairie-Hills Jr High, and down the block from the Rec Center with updated playground, baseball, basketball, and walking path. It's close to Markham City hall and convenient access to 57 or 294 as well as all the commercial options at 159th and Kedzie. Make your appointment today to see if this is just the opportunity you have been looking for! Property is being sold strictly As-Is.
Unit Size
1,048 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$100
Property Type
House
Property Taxes
$370
HOA Dues
-
Year Built
1956

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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

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,048
  • Gross Building Area: 1,048
  • Building Area: 1,048
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,048
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CANTERBURY GARDENS UNIT 01
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: PART NW4 S24 T36N R13E 3P

Neighborhood

  • School District Name: Prairie-Hills Elementary School District 144
  • Census Tract: 825600

Geography

  • District: 13
  • Parcel: 28-24-102-018-0000
  • Block: 2
  • Lot: 18
  • Meridian: SEC 24 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5979
  • Longitude: -87.6906

    Address

  • Full Address: 3025 Sherwood Ave
  • Address - House Number: 3025
  • Address - Street Name: Sherwood
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Markham
  • Carrier Code: C016
  • 4-Digit Zip Code: 4640
  • Zip Code: 60428

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $148,050
  • Tax Rate Code Area: 13043

    Appraisal Valuation

  • Standard Deviation: 0.2663
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 121,244
  • High Value: 153,538
  • Low Value: 88,951

    Market Valuation

  • Market Total Value: $110,000
  • Market Land Value: $16,200
  • Market Improvement Value: $93,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,000
  • Assessed Land Value: $1,620
  • Assessed Improvements Value: $9,380

    Sales

  • Current Sale Contract Date: May 11, 2007
  • Current Sale Recording Date: May 18, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0713857039
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 Markham

Stats & Trends

Median Asking:

$175,000

Sale Price/ft²

$143

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1395 ft²

Average Home Age

66.4 years

Currently For Sale

52 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 16881 Shea Avenue, Hazel Crest, IL, 60429

$2,350 /mo

  • 3 Beds
  • 1 Bath
  • 1,333 ft²
16881 Shea Avenue, Hazel Crest, IL, 60429 Listing by Frank Montro
Unit for rent at 16775 Artesian Avenue, Hazel Crest, IL, 60429

$2,150 /mo

  • 3 Beds
  • 1 Bath
  • 867 ft²
16775 Artesian Avenue, Hazel Crest, IL, 60429 Listing by Ayesha Afaq

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mark Groble, Team GT PLLC
Data Source: MRED, MLS# MRD12403577
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 Sherwood Avenue built and last sold?
The property at 3025 Sherwood Avenue was built in 1956 and last sold on May 11, 2007 for $129,000.
How much is this home worth?
The estimated value of the home located at 3025 Sherwood Avenue is $0.
What are some comparable homes to 3025 Sherwood Avenue?
There are currently no comparable homes to 3025 Sherwood Avenue.
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