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Markham 60428
3708 164th Street
$70,000
● House - Off Market

3708 164th Street

Markham, IL 60428
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,123 Ft²
$83,067
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Huge lot !!!. single pin. Needs work. cash only. Private seller - fast closing. Bring flashlight. Property taxes only $2300 a year.  Broker owned property. No survey no disclosures. no basement.
Unit Size
1,123 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$70
Property Type
House
Property Taxes
$196
HOA Dues
-
Year Built
1935

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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 #11655883)

Price History

Date / Event Date Event Price
Dec 14, 2022 Sold
Premium
Sold
Oct 19, 2022 Listed by Arc Red Inc Arc Realty Group $78,300
Listed by Arc Red Inc Arc Realty Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 6
  • 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: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,932
  • Total Building Area: 1,358
  • Gross Building Area: 1,358
  • Building Area: 1,358
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,358
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000526
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: SOUTH 156 FT N 660 FT E 330 FT W 66 0F T E2 SW4 OF SEC23 T36N R13E 3P

Neighborhood

  • School District Name: Prairie-Hills Elementary School District 144
  • Census Tract: 825600

Geography

  • District: 13
  • Parcel: 28-23-301-016-0000
  • Meridian: SEC 23 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.592
  • Longitude: -87.707

    Address

  • Full Address: 3708 W 164th St
  • Address - House Number: 3708
  • Street Direction: W
  • Address - Street Name: 164th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Markham
  • Carrier Code: R002
  • 4-Digit Zip Code: 5302
  • Zip Code: 60428

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $222,522
  • Tax Rate Code Area: 13043

    Appraisal Valuation

  • Standard Deviation: 0.265
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 128,712
  • High Value: 162,831
  • Low Value: 94,593

    Market Valuation

  • Market Total Value: $101,600
  • Market Land Value: $51,600
  • Market Improvement Value: $50,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,160
  • Assessed Land Value: $5,160
  • Assessed Improvements Value: $5,000

    Sales

  • Current Sale Contract Date: Dec 14, 2022
  • Current Sale Recording Date: Dec 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 25007
  • Previous Sale Recording Date: Oct 14, 2016
  • Previous Sale Contract Date: Aug 16, 2016
  • Previous Sale Amount: $21,000
  • Previous Sale Document Type: 68
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 Markham

Stats & Trends

Median Asking:

$177,000

Sale Price/ft²

$143

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1459 ft²

Average Home Age

66.1 years

Currently For Sale

51 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: Marcin Grzesiak, Arc Red Inc Arc Realty Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11655883
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 3708 West 164th Street built and last sold?
The property at 3708 West 164th Street was built in 1935 and last sold on Dec 14, 2022 for $70,000.
How much is this home worth?
The estimated value of the home located at 3708 West 164th Street is $0.
What are some comparable homes to 3708 West 164th Street?
There are currently no comparable homes to 3708 West 164th Street.
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