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Cook 60476
36 Chippewa Drive
$189,000
● House - Off Market

36 Chippewa Drive

Thornton, IL 60476
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,406 Ft²
$188,484
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Looking for a Peaceful Setting, here it is! Surrounded by nature's beauty. Escape , Relax and Unwind! This Classic one-story home offers an easy living floor plan. Featuring a generous living room showcasing a custom fireplace with dentil brick surround dentil molding and built in shelves. Enjoy the sun filled eat-in kitchen with wooded views. The generous dining room flows into sunroom where you can enjoy Nature and All of her Seasons. Don't miss this opportunity! Make it your own!
Unit Size
1,406 Ft²
Days on Market
-
Land Size
-
Price per sqft
$134
Property Type
House
Property Taxes
$155
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.

Last updated: 3 years ago (MRED MLS #11807320)

Price History

Date / Event Date Event Price
Jul 27, 2023 Sold
Premium
Sold
Jun 13, 2023 Listed by Berkshire Hathaway HomeServices Chicago $189,000
Listed by Berkshire Hathaway HomeServices Chicago

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • 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: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,250
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,406
  • Gross Building Area: 1,406
  • Building Area: 1,406
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,406
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UNIT2 TOEPFERS THORNWOOD
  • Land Acres: 0000000189
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (UNIT2) (TOEPFERS) (THORNWOOD) SUB OF PT EH SE SEC 27-36-14

Neighborhood

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

Geography

  • District: 37
  • Parcel: 29-27-411-019-0000
  • Lot: 49
  • Meridian: SEC 27 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.5759
  • Longitude: -87.6002

    Address

  • Full Address: 36 Chippewa Dr
  • Legal Unit: 2
  • Address - House Number: 36
  • Address - Street Name: Chippewa
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Thornton
  • Carrier Code: C002
  • 4-Digit Zip Code: 1129
  • Zip Code: 60476

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $240,611
  • Tax Rate Code Area: 37067

    Appraisal Valuation

  • Standard Deviation: 0.265
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 198,168
  • High Value: 250,697
  • Low Value: 145,638

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $33,000
  • Market Improvement Value: $137,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $3,300
  • Assessed Improvements Value: $13,700

    Sales

  • Current Sale Contract Date: Jul 21, 2023
  • Current Sale Recording Date: Jul 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6027
  • Previous Sale Recording Date: Oct 20, 1999
  • Previous Sale Contract Date: Oct 15, 1999
  • Previous Sale Amount: $118,000
  • 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 Cook

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$241

Above Asking

1.66%

Average Days on Market

45

Average Home Size

1494 ft²

Average Home Age

65.1 years

Currently For Sale

9110 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

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MRED

Listed by: Nancy Hotchkiss, Berkshire Hathaway HomeServices Chicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11807320
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 36 Chippewa Drive built and last sold?
The property at 36 Chippewa Drive was built in 1961 and last sold on Jul 21, 2023 for $189,000.
How much is this home worth?
The estimated value of the home located at 36 Chippewa Drive is $197,882.
What are some comparable homes to 36 Chippewa Drive?
There are currently no comparable homes to 36 Chippewa Drive.
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