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Chicago Heights 60411
36 Forest Avenue
$55,000
● House - Off Market

36 Forest Avenue

Chicago Heights, IL 60411
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,076 Ft²
$742
Est. Monthly
42.90%
Cap Rate

About This Property

Frame Cape Cod features 4 bedrooms, 1.5 bathrooms, eat in kitchen, living room, unfinished basement and 1 car detached garage.
Unit Size
2,076 Ft²
Days on Market
-
Land Size
-
Price per sqft
$31
Property Type
House
Property Taxes
$430
HOA Dues
-
Year Built
1908

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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

Garage

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1908
  • 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: 6
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,599
  • Total Building Area: 2,076
  • Gross Building Area: 2,076
  • Building Area: 2,076
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,076
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK RIDGE
  • Land Acres: 0000000083
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04
  • Legal Description 1: (OAK)(RIDGE) SUB OF PT OF LOTS 20 & 21 OF COUNTY CLER KS DIV ALSO LOTS 13-17 OF BLK 2 IN JNO WALLACES ADD TO BLOOM OF THAT PO

Neighborhood

  • School District Name: Chicago Heights School District 170
  • Census Tract: 829100

Geography

  • District: 12
  • Parcel: 32-29-206-042-0000
  • Block: 2
  • Lot: 13-17
  • Meridian: SEC 29 TWN 35N RNG 14E
  • Municipality: BLOOM
  • Latitude: 41.4972
  • Longitude: -87.6381

    Address

  • Full Address: 36 Forest Ave
  • Address - House Number: 36
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago Heights
  • Carrier Code: C029
  • 4-Digit Zip Code: 4117
  • Zip Code: 60411

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $515,870
  • Tax Rate Code Area: 12028

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 212,600
  • High Value: 261,145
  • Low Value: 164,054

    Market Valuation

  • Market Total Value: $83,660
  • Market Land Value: $13,500
  • Market Improvement Value: $70,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,366
  • Assessed Land Value: $1,350
  • Assessed Improvements Value: $7,016
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 Chicago Heights

Stats & Trends

Median Asking:

$205,500

Sale Price/ft²

$156

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1152 ft²

Average Home Age

69.7 years

Currently For Sale

79 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: Steve Meeker, Meeker Real Estate Inc
Data Source: MRED, MLS# MRD12217425
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 Forest Avenue built and last sold?
The property at 36 Forest Avenue was built in 1908 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 36 Forest Avenue is $0.
What are some comparable homes to 36 Forest Avenue?
There are currently no comparable homes to 36 Forest Avenue.
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