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South Chicago Heights 60411
3104 Willow Road
$165,000
● House - Off Market

3104 Willow Road

South Chicago Heights, IL 60411
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,750 Ft²
$158,578
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

**offer verbally accepted- just waiting on paperwork**  Spacious and well cared for brick ranch on a quiet street! Huge master bedroom(they combined 2 rooms)! Plenty of storage. Hardwood Floors underneath all the carpeting. Extra large front room and family room and huge finished basement! Plenty of room for more bedrooms in the  FULL basement. Oversized detached 2 1/2 car garage fenced in yard.  Kitchen has a pantry closet, and newer cabinetry. Newer windows throughout home. New roof in 2020!  Estate sale. Selling As-Is! Furniture That's still In the property during final walk-through stays in home. Conventional or cash only. Please see disclosures.   Please note there is a senior freeze on the taxes. Priced to SELL
Unit Size
1,750 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$89
Property Type
House
Property Taxes
$60
HOA Dues
-
Year Built
1958

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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.

Last updated: 3 years ago (MRED MLS #11360649)

Price History

Date / Event Date Event Price
Jul 8, 2022 Sold
Premium
Sold
Apr 2, 2022 Listed by Village Realty, Inc. $155,000
Listed by Village Realty, Inc.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • 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: 5,618
  • Total Building Area: 1,274
  • Gross Building Area: 1,274
  • Building Area: 1,274
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,274
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALEXANDER PARK SUBDIVISION
  • Land Acres: 0000000129
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Steger School District 194
  • Census Tract: 829500

Geography

  • District: 12
  • Parcel: 32-32-111-002-0000
  • Meridian: SEC 32 TWN 35N RNG 14E
  • Municipality: BLOOM
  • Latitude: 41.4823
  • Longitude: -87.649

    Address

  • Full Address: 3104 Willow Rd
  • Address - House Number: 3104
  • Address - Street Name: Willow
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Chicago Heights
  • Carrier Code: C020
  • 4-Digit Zip Code: 5347
  • Zip Code: 60411

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $133,811
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 12023

    Appraisal Valuation

  • Standard Deviation: 0.2653
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 177,481
  • High Value: 224,583
  • Low Value: 130,378

    Market Valuation

  • Market Total Value: $127,970
  • Market Land Value: $19,660
  • Market Improvement Value: $108,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,797
  • Assessed Land Value: $1,966
  • Assessed Improvements Value: $10,831

    Sales

  • Current Sale Contract Date: Jun 28, 2022
  • Current Sale Recording Date: Jul 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 49244
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 South Chicago Heights

Stats & Trends

Median Asking:

$214,900

Sale Price/ft²

$167

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1008 ft²

Average Home Age

72.4 years

Currently For Sale

8 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 398 W Lincoln Highway, Chicago Heights, IL, 60411

$1,450 /mo

  • Studio
  • 1 Bath
  • 625 ft²
398 W Lincoln Highway #B, Chicago Heights, IL, 60411 Listing by Sandra Lee

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Heidi Singler, Village Realty, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11360649
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 3104 Willow Road built and last sold?
The property at 3104 Willow Road was built in 1958 and last sold on Jun 28, 2022 for $165,000.
How much is this home worth?
The estimated value of the home located at 3104 Willow Road is $0.
What are some comparable homes to 3104 Willow Road?
There are currently no comparable homes to 3104 Willow Road.
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