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Thornton 60476
309 Mallette Avenue
$131,700
● House - Off Market

309 Mallette Avenue

Thornton, IL 60476
bedrooms
2 Beds
bathrooms
1 Bath
square feet
550 Ft²
$951
Est. Monthly
11.52%
Cap Rate
Unit Size
550 Ft²
Days on Market
-
Land Size
-
Price per sqft
$233
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
1930

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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

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 17
  • 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: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,050
  • Total Building Area: 550
  • Gross Building Area: 550
  • Building Area: 550
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 550
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EGGLESTONS SUB
  • Land Acres: 0000000185
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (EGGLESTONS) SUB OF PT SEC 34 LYING S OF THORNTON RD EX E 10ACS WH NE SEC 34-36-14

Neighborhood

  • School District Name: Thornton Township High School District 205
  • Census Tract: 828300

Geography

  • District: 37
  • Parcel: 29-34-202-009-0000
  • Block: 2
  • Lot: 12
  • Meridian: SEC 34 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.5656
  • Longitude: -87.6061

    Address

  • Full Address: 309 Malette St
  • Address - House Number: 309
  • Address - Street Name: Malette
  • Address - Suffix Type: St
  • State: IL
  • City Name: Thornton
  • Zip Code: 60476

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $367,373
  • Tax Rate Code Area: 37067

    Appraisal Valuation

  • Standard Deviation: 0.248
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 154,513
  • High Value: 192,847
  • Low Value: 116,178

    Market Valuation

  • Market Total Value: $110,000
  • Market Land Value: $32,200
  • Market Improvement Value: $77,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,000
  • Assessed Land Value: $3,220
  • Assessed Improvements Value: $7,780

    Sales

  • Current Sale Contract Date: Jun 07, 2017
  • Current Sale Recording Date: Jun 16, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1716757061
  • Previous Sale Recording Date: May 22, 2014
  • Previous Sale Contract Date: May 12, 2014
  • Previous Sale Amount: $59,000
  • Previous Sale Document Type: 71

    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 Thornton

Stats & Trends

Median Asking:

$212,000

Sale Price/ft²

$157

Below Asking

0.03%

Average Days on Market

69

Average Home Size

1332 ft²

Average Home Age

79.4 years

Currently For Sale

5 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

Currently no nearby rentals
MRED

Listed by: Anastasia Rimovsky, Village Realty, Inc.
Data Source: MRED, MLS# MRD12299858
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 309 Mallette Avenue built and last sold?
The property at 309 Mallette Avenue was built in 1930 and last sold on Jun 7, 2017 for $77,500.
How much is this home worth?
The estimated value of the home located at 309 Mallette Avenue is $129,179.
What are some comparable homes to 309 Mallette Avenue?
There are currently no comparable homes to 309 Mallette Avenue.
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