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Cook 60443
4312 Dewey Avenue
$15,500
● Land - Off Market

4312 Dewey Avenue

Richton Park, IL 60443
bedrooms
Studio
bathrooms
0 Bath
$17,888
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Huge oversized residential Lot surrounded by brand new construction homes. 28,000 SF lot priced under market value. Rarely available. Being sold from a tax deed investor. Buyer will receive clear title. Must be cash deal and buyer must provide proof of funds. Buyer must use seller PSA. Seller financing is available.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$123
HOA Dues
-
Year Built
-

Payment Calculator

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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 #11669721)

Price History

Date / Event Date Event Price
Sep 6, 2023 Sold
Premium
Sold
Nov 8, 2022 Listed by Friedman Real Estate IL LLC $18,000
Listed by Friedman Real Estate IL LLC

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,300
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: TREMBLYS RICHTON PARK ESTATES
  • Land Acres: 0000000650
  • Standard Land Use Code: 8000
  • County Land Use Code: 1-00

Neighborhood

  • School District Name: Matteson Elementary School District 162
  • Census Tract: 830007

Geography

  • District: 32
  • Parcel: 31-34-404-016-0000
  • Meridian: SEC 34 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.4715
  • Longitude: -87.7211

    Address

  • Full Address: 4312 Dewey Ave
  • Address - House Number: 4312
  • Address - Street Name: Dewey
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Richton Park
  • Zip Code: 60471

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $160,461
  • Tax Rate Code Area: 32066

    Market Valuation

  • Market Total Value: $42,450
  • Market Land Value: $42,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,245
  • Assessed Land Value: $4,245

    Sales

  • Current Sale Contract Date: Sep 07, 2023
  • Current Sale Recording Date: Sep 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 13292
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:

$374,999

Sale Price/ft²

$241

Above Asking

3.73%

Average Days on Market

45

Average Home Size

1493 ft²

Average Home Age

65.2 years

Currently For Sale

9270 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

Rentals Near You

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MRED

Listed by: Kellen Duggan, Friedman Real Estate IL LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11669721
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 Dewey Avenue built and last sold?
The property at 4312 Dewey Avenue was built in and last sold on Sep 7, 2023 for $15,500.
How much is this home worth?
The estimated value of the home located at 4312 Dewey Avenue is $0.
What are some comparable homes to 4312 Dewey Avenue?
There are currently no comparable homes to 4312 Dewey Avenue.
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