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Alsip 60803 Alsip
4833 W 123rd Place
$250,000
● House - Off Market

4833 W 123rd Place

Alsip, IL 60803
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,564 Ft²
$1,880
Est. Monthly
6.49%
Cap Rate

About This Property

So much space in this excellent brick ranch!  Some of the many features include... Spacious living room with hardwood floors ~ Separate dining room ~ Three generously sized bedrooms ~ Newer vinyl windows ~ Large laundry room ~ Huge fenced backyard ~ Cement patio perfect for summer BBQ's ~ 3-Car garage ~ Central Air ~ Very convenient location just minutes from 294 ~ Seller is a licensed agent ~ Property currently has some AWESOME tenants! Always on time with rent, current lease ends 11/01/2025.  Great opportunity for investors! ~ We look forward to working with you!
Unit Size
1,564 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$185
Property Type
House
Property Taxes
$461
HOA Dues
-
Year Built
1957

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

    Dimensions

  • Lot Size Square Feet: 13,230
  • Lot Size Depth Feet: 1,950
  • Lot Size Frontage Feet: 670
  • Total Building Area: 1,565
  • Gross Building Area: 1,565
  • Building Area: 1,565
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,565
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARNOLDS SUB
  • Land Acres: 0000000304
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (ARNOLDS) SUB OF PT OF S7ACS OF N19ACS OF NE SE SEC 28-37-13

Neighborhood

  • School District Name: Alsip-Hazelgreen-Oaklawn School District 126
  • Census Tract: 823200

Geography

  • District: 39
  • Parcel: 24-28-408-004-0000
  • Lot: 13
  • Meridian: SEC 28 TWN 37N RNG 13E
  • Municipality: WORTH
  • Latitude: 41.6677
  • Longitude: -87.7403

    Address

  • Full Address: 4833 W 123rd Pl
  • Address - House Number: 4833
  • Street Direction: W
  • Address - Street Name: 123rd
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Alsip
  • Carrier Code: C043
  • 4-Digit Zip Code: 2911
  • Zip Code: 60803

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $535,111
  • Tax Rate Code Area: 39037

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 284,882
  • High Value: 355,758
  • Low Value: 214,006

    Market Valuation

  • Market Total Value: $200,010
  • Market Land Value: $72,770
  • Market Improvement Value: $127,240

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,001
  • Assessed Land Value: $7,277
  • Assessed Improvements Value: $12,724

    Sales

  • Current Sale Contract Date: Jul 24, 2020
  • Current Sale Recording Date: Nov 12, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2031717063
  • Previous Sale Recording Date: Jan 10, 2019
  • Previous Sale Contract Date: Nov 06, 2018
  • Previous Sale Document Type: 64
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 Alsip

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$196

Below Asking

0.02%

Average Days on Market

46

Average Home Size

1323 ft²

Average Home Age

49.1 years

Currently For Sale

34 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 10816 S Central Park Avenue, Chicago, IL, 60655

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,000 ft²
10816 S Central Park Avenue, Chicago, IL, 60655 Listing by Molly Mann

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Rosalba Pasillas, Homes R Us Real Estate Service
Data Source: MRED, MLS# MRD12366727
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 4833 West 123rd Place built and last sold?
The property at 4833 West 123rd Place was built in 1957 and last sold on Jul 24, 2020 for $204,000.
How much is this home worth?
The estimated value of the home located at 4833 West 123rd Place is $0.
What are some comparable homes to 4833 West 123rd Place?
There are currently no comparable homes to 4833 West 123rd Place.
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