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Harvey 60426
314 Shore Drive
$174,000
● House - Off Market

314 Shore Drive

Harvey, IL 60426
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,266 Ft²
$172,962
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Brick split level, well maintained throughout the years with the side drive leading to the garage and back yard facing Cal Sag.  The family room has a wood burning fireplace with the back door leading to the 3 season patio.  Some upgrading done move in condition.  Walking distance to the forest preserve Metra and public transportation. Agent is related to the seller
Unit Size
1,266 Ft²
Days on Market
-
Land Size
-
Price per sqft
$134
Property Type
House
Property Taxes
$196
HOA Dues
-
Year Built
1960

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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 #11702289)

Price History

Date / Event Date Event Price
Apr 26, 2023 Sold
Premium
Sold
Jan 15, 2023 Listed by New Birth Realty Group LLC $170,000
Listed by New Birth Realty Group LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • 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: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,362
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,266
  • Gross Building Area: 1,266
  • Building Area: 1,266
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,266
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CUNNINGHAMS ADD TO HARVEY
  • Land Acres: 0000000192
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (CUNNINGHAMS) ADD TO (HARVEY) SUB OF W806.54FT OF THA T PT LYING NORTH OF THE NORTH SHORE OF LITTLE CALUMET RIVER IN EH NE SE

Neighborhood

  • School District Name: Harvey School District 152
  • Census Tract: 827000

Geography

  • District: 37
  • Parcel: 29-08-201-056-0000
  • Lot: 1,2
  • Meridian: SEC 08 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.6297
  • Longitude: -87.6386

    Address

  • Full Address: 314 Shore Dr
  • Address - House Number: 314
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Harvey
  • Carrier Code: C018
  • 4-Digit Zip Code: 1276
  • Zip Code: 60426

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $235,824
  • Tax Rate Code Area: 37047

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 131,677
  • High Value: 161,744
  • Low Value: 101,609

    Market Valuation

  • Market Total Value: $107,000
  • Market Land Value: $31,360
  • Market Improvement Value: $75,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,700
  • Assessed Land Value: $3,136
  • Assessed Improvements Value: $7,564

    Sales

  • Current Sale Contract Date: Apr 24, 2023
  • Current Sale Recording Date: May 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 40199
  • Previous Sale Recording Date: Apr 29, 2004
  • Previous Sale Contract Date: Mar 24, 2004
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: 27
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 Harvey

Stats & Trends

Median Asking:

$144,950

Sale Price/ft²

$113

Below Asking

0.04%

Average Days on Market

60

Average Home Size

1248 ft²

Average Home Age

81.3 years

Currently For Sale

70 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 310 E 138th Street, Chicago, IL, 60827

$1,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
310 E 138th Street, Chicago, IL, 60827 Listing by Richard Harnik

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Vanessa Charles, New Birth Realty Group LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11702289
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 314 Shore Drive built and last sold?
The property at 314 Shore Drive was built in 1960 and last sold on Apr 24, 2023 for $174,000.
How much is this home worth?
The estimated value of the home located at 314 Shore Drive is $0.
What are some comparable homes to 314 Shore Drive?
There are currently no comparable homes to 314 Shore Drive.
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