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Oak Lawn 60453 Oak Lawn
4312 Adeline Drive
$285,000
● House - Off Market

4312 Adeline Drive

Oak Lawn, IL 60453
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,183 Ft²
$1,775
Est. Monthly
7.07%
Cap Rate

About This Property

All brick house with 3 bedrooms and 1.5 bathrooms.  Well maintained by the current owner.  Newer HVAC, roof, windows, flooring, granite counters and appliances.  Main level has a large kitchen with breakfast area with adjoining living room/dining room combo.  The 2nd Level has three bedrooms with a share full bathroom.  The lower level has an oversized family room with half bath with additional room to be converted to a full bathroom.  Furnace room/laundry room with crawl space access.  2 car detached garage with long driveway to handle many vehicles. Quick closing available.  The house is being sold as is. Close to Major Expressways, Metra, shopping and restaurants.  Quick closing is possible.
Unit Size
1,183 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$241
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1957

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11930891)

Price History

Date / Event Date Event Price
Jan 9, 2024 Sold
Premium
Sold
Nov 21, 2023 Listed by Charles Rutenberg Realty $285,000
Listed by Charles Rutenberg Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 41
  • 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: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,288
  • Total Building Area: 1,183
  • Gross Building Area: 1,183
  • Building Area: 1,183
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,183
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEAHY NAD NAGLES 11 STRE
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: LOTS61&62 LONGWOOD ACRES NE4 E2 NW4 SEC15 W2SE4 S15 T37N R13E 3P

Neighborhood

  • School District Name: Atwood Heights School District 125
  • Census Tract: 822802

Geography

  • District: 39
  • Parcel: 24-15-415-032-0000
  • Lot: 61
  • Meridian: SEC 15 TWN 37N RNG 13E
  • Municipality: WORTH
  • Latitude: 41.6924
  • Longitude: -87.7283

    Address

  • Full Address: 4312 Adeline Dr
  • Address - House Number: 4312
  • Address - Street Name: Adeline
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Oak Lawn
  • Carrier Code: C033
  • 4-Digit Zip Code: 5742
  • Zip Code: 60453

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $449,526
  • Tax Rate Code Area: 39029

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 279,399
  • High Value: 307,648
  • Low Value: 251,149

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $44,020
  • Market Improvement Value: $215,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $4,402
  • Assessed Improvements Value: $21,598

    Sales

  • Current Sale Contract Date: Jan 05, 2024
  • Current Sale Recording Date: Jan 23, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6468
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 Lawn

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$200

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1584 ft²

Average Home Age

56.8 years

Currently For Sale

157 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 9628 Kilpatrick Avenue, Oak Lawn, IL, 60453

$2,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,400 ft²
9628 Kilpatrick Avenue #1, Oak Lawn, IL, 60453 Listing by Carol O'Malley

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Thomas Pilafas, Charles Rutenberg Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11930891
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 4312 Adeline Drive built and last sold?
The property at 4312 Adeline Drive was built in 1957 and last sold on Jan 5, 2024 for $285,000.
How much is this home worth?
The estimated value of the home located at 4312 Adeline Drive is $286,718.
What are some comparable homes to 4312 Adeline Drive?
There are currently no comparable homes to 4312 Adeline Drive.
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