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Robbins 60472
3240 Nelson Avenue
$149,900
● House - Off Market

3240 Nelson Avenue

Robbins, IL 60472
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$150,151
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Welcome! to this beautiful remodeled ranch-style home in the quiet neighborhood of Robbins.  3 large bedrooms and 1 full bath. The home features a modern kitchen with granite countertops, ceramic floor tiles, Stainless Steel appliances, and a breakfast area. Freshly painted, new windows, new roof, New floors, New garage door, New appliances, new washer and dryer, new electric, new plumbing, new landscaping. Close to I-294 and I-57. The Metra train of Robbins provides easy access to Chicago LaSalle St Station.
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$136
Property Type
House
Property Taxes
$178
HOA Dues
-
Year Built
1961

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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: 1961
  • Effective Year Built: 1961
  • 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: 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: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,100
  • Gross Building Area: 1,100
  • Building Area: 1,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,100
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MERRIONS ROBBINS PARK
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: J E (MERRIONS) (ROBBINS) (PARK) SUB OF LTS 3-4 & PT L TS 2 12-13 IN SUB OF SE SEC 02-36-13

Neighborhood

  • School District Name: Posen-Robbins Elementary School District 143-5
  • Census Tract: 824300

Geography

  • District: 13
  • Parcel: 28-02-425-021-0000
  • Lot: 3,4
  • Meridian: SEC 02 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6344
  • Longitude: -87.7048

    Address

  • Full Address: 3240 Nelson Ave
  • Address - House Number: 3240
  • Address - Street Name: Nelson
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Robbins
  • Carrier Code: C004
  • 4-Digit Zip Code: 2222
  • Zip Code: 60472

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $226,038
  • Tax Rate Code Area: 13029

    Appraisal Valuation

  • Standard Deviation: 0.265
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 122,981
  • High Value: 155,580
  • Low Value: 90,381

    Market Valuation

  • Market Total Value: $75,000
  • Market Land Value: $9,000
  • Market Improvement Value: $66,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,500
  • Assessed Land Value: $900
  • Assessed Improvements Value: $6,600

    Sales

  • Current Sale Contract Date: Jun 22, 2023
  • Current Sale Recording Date: Jun 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 41031
  • Previous Sale Recording Date: Feb 21, 2023
  • Previous Sale Contract Date: Dec 06, 2022
  • Previous Sale Amount: $28,500
  • Previous Sale Document Type: 71
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 Robbins

Stats & Trends

Median Asking:

$120,000

Sale Price/ft²

$97

Below Asking

0.03%

Average Days on Market

65

Average Home Size

1715 ft²

Average Home Age

38 years

Currently For Sale

11 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 3025 140th Street, Blue Island, IL, 60406

$2,000 /mo

  • 4 Beds
  • 1 Bath
  • 1,144 ft²
3025 140th Street, Blue Island, IL, 60406 Listing by Jaime Birks
Unit for rent at 14433 Springfield Avenue, Midlothian, IL, 60445

$1,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,100 ft²
14433 Springfield Avenue, Midlothian, IL, 60445 Listing by Jaime Birks

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Slawomir Rachmaciej, Exit Realty Redefined
Data Source: MRED, MLS# MRD11750569
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 3240 Nelson Avenue built and last sold?
The property at 3240 Nelson Avenue was built in 1961 and last sold on Jun 22, 2023 for $150,000.
How much is this home worth?
The estimated value of the home located at 3240 Nelson Avenue is $151,220.
What are some comparable homes to 3240 Nelson Avenue?
There are currently no comparable homes to 3240 Nelson Avenue.
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