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Oak Forest 60452
4835 160th Street
$185,000
● House - Off Market

4835 160th Street

Oak Forest, IL 60452
bedrooms
3 Beds
bathrooms
1 Bath
$166,285
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

What an amazing opportunity to have a move-in ready home in such an ideal location! This commuters dream is located across the street from the Oak Avenue Metra Station with a family friendly park right down the road! Featuring an open concept, low maintenance floor plan with an oversized two-car garage and fantastic backyard space, this one is sure to please!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$407
HOA Dues
-
Year Built
1964

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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 #11374770)

Price History

Date / Event Date Event Price
May 18, 2022 Sold
Premium
Sold
Apr 14, 2022 Listed by Keller Williams Infinity $165,000
Listed by Keller Williams Infinity

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,396
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 630
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 960
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KAISER & COS ARBOR PARK
  • Land Acres: 0000000147
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: W F (KAISER) & COS (ARBOR)(PARK) SUB SEC 21-36-13

Neighborhood

  • School District Name: Arbor Park School District 145
  • Census Tract: 825000

Geography

  • District: 13
  • Parcel: 28-21-210-026-0000
  • Block: 7,7
  • Lot: 24,23
  • Meridian: SEC 21 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6012
  • Longitude: -87.7383

    Address

  • Full Address: 4835 160th St
  • Address - House Number: 4835
  • Address - Street Name: 160th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Oak Forest
  • Carrier Code: C001
  • 4-Digit Zip Code: 4001
  • Zip Code: 60452

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $518,938
  • Tax Rate Code Area: 13056

    Appraisal Valuation

  • Standard Deviation: 0.2467
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 201,808
  • High Value: 251,594
  • Low Value: 152,021

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $25,580
  • Market Improvement Value: $144,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $2,558
  • Assessed Improvements Value: $14,442

    Sales

  • Current Sale Contract Date: May 05, 2022
  • Current Sale Recording Date: May 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6257
  • Previous Sale Recording Date: Dec 08, 2016
  • Previous Sale Contract Date: Dec 05, 2016
  • Previous Sale Amount: $107,000
  • Previous Sale Document Type: 71
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:

$322,450

Sale Price/ft²

$199

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1435 ft²

Average Home Age

46.7 years

Currently For Sale

40 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 15700 Reynolds Lane, Oak Forest, IL, 60452

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
15700 Reynolds Lane #1, Oak Forest, IL, 60452 Listing by Rima Odeh

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Elyse Moore, Keller Williams Infinity
Last Updated: 3 years ago
Data Source: MRED, MLS# 11374770
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 4835 160th Street built and last sold?
The property at 4835 160th Street was built in 1964 and last sold on May 5, 2022 for $185,000.
How much is this home worth?
The estimated value of the home located at 4835 160th Street is $166,650.
What are some comparable homes to 4835 160th Street?
There are currently no comparable homes to 4835 160th Street.
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