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Oak Forest 60452
4301 BARRY Lane
$280,000
● House - Off Market

4301 BARRY Lane

Oak Forest, IL 60452
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,268 Ft²
$1,962
Est. Monthly
6.70%
Cap Rate

About This Property

SPACIOUS 3 BEDROOM TRI-LEVEL ON A BIG LOT. THIS UPDATED HOME FEATURES 3 FULL BATHS AND A 2 CAR DETACHED GARAGE. THE EAT-IN KITCHEN HAS LOTS OF CABINETS, SS APPLIANCES AND GRANITE COUNTERTOPS. GREAT LIVING SPACE IN THIS PLACE...FORMAL LIVING ROOM AND LARGE FAMILY ROOM CAN ALSO ACCOMMODATE AN OFFICE. ALL THE BEDROOMS ARE ON THE 2ND LEVEL WITH UPDATED BATHS INCLUDING A MASTER SUITE WITH WALK-IN SHOWER. SITUATED ON A FULLY FENCED YARD, ROUND ABOVE GROUND POOL AND LONG WIDE CONCRETE DRIVEWAY...ENOUGH TO PARK 10-12 VEHICLES.
Unit Size
1,268 Ft²
Days on Market
-
Land Size
-
Price per sqft
$221
Property Type
House
Property Taxes
$586
HOA Dues
-
Year Built
1969

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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
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • 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: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 7,793
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,268
  • Gross Building Area: 1,268
  • Building Area: 1,268
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,268
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIELDCREST SEVENTH
  • Land Acres: 0000000179
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (FIELDCREST) (SEVENTH) ADD SUB PT LT 2 IN NIETFELDT F ARMS SUB SECS 22 & 27 SEC 22-36-13

Neighborhood

  • School District Name: Prairie-Hills Elementary School District 144
  • Census Tract: 825200

Geography

  • District: 13
  • Parcel: 28-22-418-001-0000
  • Lot: 2
  • Meridian: SEC 22 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5925
  • Longitude: -87.723

    Address

  • Full Address: 4301 Barry Ln
  • Address - House Number: 4301
  • Address - Street Name: Barry
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Oak Forest
  • Carrier Code: C006
  • 4-Digit Zip Code: 4305
  • Zip Code: 60452

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $643,249
  • Tax Rate Code Area: 13070

    Appraisal Valuation

  • Standard Deviation: 0.2467
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 269,440
  • High Value: 335,912
  • Low Value: 202,969

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $35,070
  • Market Improvement Value: $184,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,000
  • Assessed Land Value: $3,507
  • Assessed Improvements Value: $18,493

    Sales

  • Current Sale Contract Date: Feb 11, 2015
  • Current Sale Recording Date: Feb 13, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1504429072
  • Previous Sale Recording Date: Oct 02, 2014
  • Previous Sale Contract Date: Aug 21, 2014
  • Previous Sale Amount: $84,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: FIX
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 Oak Forest

Stats & Trends

Median Asking:

$320,000

Sale Price/ft²

$197

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1464 ft²

Average Home Age

46.1 years

Currently For Sale

47 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 17950 Michael Avenue, Country Club Hills, IL, 60478

$2,195 /mo

  • 3 Beds
  • 1 Bath
  • 1,400 ft²
17950 Michael Avenue, Country Club Hills, IL, 60478 Listing by Adam St. James

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kevin Burke, RE/MAX 10
Data Source: MRED, MLS# MRD12399174
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 4301 Barry Lane built and last sold?
The property at 4301 Barry Lane was built in 1969 and last sold on Feb 11, 2015 for $167,000.
How much is this home worth?
The estimated value of the home located at 4301 Barry Lane is $0.
What are some comparable homes to 4301 Barry Lane?
There are currently no comparable homes to 4301 Barry Lane.
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