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Cook 60803
3650 W 115TH Place
$210,000
● House - Off Market

3650 W 115TH Place

Alsip, IL 60803
bedrooms
2 Beds
bathrooms
1 Bath
square feet
940 Ft²
$1,223
Est. Monthly
7.48%
Cap Rate

About This Property

Charming single-family home on a large corner lot perfect for a first time buyer! This cozy property features two bedrooms and one bathroom, hardwood flooring throughout the main level, and a fireplace. The kitchen boasts ample counter and cabinet space, providing functionality for everyday cooking and entertaining. This home also includes a partial basement, an oversized two car garage & a fully fenced yard. HVAC & Appliances were replaced in 2024!
Unit Size
940 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$223
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1950

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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
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • 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: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 940
  • Gross Building Area: 940
  • Building Area: 940
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 940
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ATWOODS ADD
  • Land Acres: 0000000072
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: RICHARD (CLEARYS) RESUB OF BLK3 IN ATWOODS ADD TO WAS HINGTON HEIGHTS SUB OF N100ACS OF SW & N50ACS OF WH SE OF SEC 23-37-13

Neighborhood

  • School District Name: Atwood Heights School District 125
  • Census Tract: 823304

Geography

  • District: 39
  • Parcel: 24-23-303-026-0000
  • Block: 3
  • Lot: 26
  • Meridian: SEC 23 TWN 37N RNG 13E
  • Municipality: WORTH
  • Latitude: 41.6834
  • Longitude: -87.7125

    Address

  • Full Address: 3650 W 115th Pl
  • Address - House Number: 3650
  • Street Direction: W
  • Address - Street Name: 115th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Alsip
  • Carrier Code: C022
  • 4-Digit Zip Code: 6227
  • Zip Code: 60803

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $194,910
  • Tax Rate Code Area: 39125

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 158,829
  • High Value: 195,096
  • Low Value: 122,562

    Market Valuation

  • Market Total Value: $80,000
  • Market Land Value: $16,410
  • Market Improvement Value: $63,590

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,000
  • Assessed Land Value: $1,641
  • Assessed Improvements Value: $6,359

    Sales

  • Current Sale Contract Date: Oct 30, 2013
  • Current Sale Recording Date: Jun 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1418157060
  • Previous Sale Recording Date: Mar 13, 2013
  • Previous Sale Contract Date: Dec 12, 2012
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: UNK
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

$242

Above Asking

1.66%

Average Days on Market

45

Average Home Size

1486 ft²

Average Home Age

65.2 years

Currently For Sale

9025 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 12448 Fairview Avenue, Blue Island, IL, 60406

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,050 ft²
12448 Fairview Avenue #2E, Blue Island, IL, 60406 Listing by Diego Marec
Unit for rent at 11946 S Ridgeway Avenue, Alsip, IL, 60803

$1,575 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
11946 S Ridgeway Avenue #2A, Alsip, IL, 60803 Listing by Ina Savyuk

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michelle Madden, Crosstown Realtors Inc
Data Source: MRED, MLS# MRD12223755
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 3650 West 115th Place built and last sold?
The property at 3650 West 115th Place was built in 1950 and last sold on Oct 30, 2013 for $56,000.
How much is this home worth?
The estimated value of the home located at 3650 West 115th Place is $0.
What are some comparable homes to 3650 West 115th Place?
There are currently no comparable homes to 3650 West 115th Place.
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