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Oak Forest 60452
4908 157th Street
$181,000
● House - Off Market

4908 157th Street

OAK FOREST, IL 60452
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$286,482
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

Motivated sellers!!!!  This darling home is ready for you to move in....it features a new eat-in kitchen including cabinets, counters appliances, and island/breakfast bar.  Both baths have been remodeled, all new flooring in the home in the past year.  Beautiful stone fireplace rebuilt in 2006.  New/updates in home includes windows 10yrs, furnace 1yr, a/c 3yrs, washer/dryer 5yrs, fence 1yr, house painted 1yr, sewer pipe in front yard 8yrs, exterior doors 6yrs and lower level new insulation 3yrs! Features also include bonus room off garage, concrete crawl, heated 2.5 car attached garage and so much more.  This is a must see!!!
Unit Size
1,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$116
Property Type
House
Property Taxes
$463
HOA Dues
-
Year Built
1968

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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 #09719685)

Price History

Date / Event Date Event Price
Mar 29, 2018 Sold
Premium
Sold
Aug 11, 2017 Listed by Coldwell Banker Real Estate Group $185,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,800
  • Total Building Area: 1,050
  • Gross Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,050
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CICERO AVE
  • Land Acres: 0000000133
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: L1 & E98FT L15 B34 CICERO AVE W1/2 S15 E1/2 S16 E1/2 SE1/4 S16 T36N R1 3E

Neighborhood

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

Geography

  • District: 13
  • Parcel: 28-16-406-026-0000
  • Block: 34
  • Lot: 1
  • Meridian: SEC 16 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6071
  • Longitude: -87.7404

    Address

  • Full Address: 4908 157th St
  • Address - House Number: 4908
  • Address - Street Name: 157th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Oak Forest
  • Carrier Code: C003
  • 4-Digit Zip Code: 3512
  • Zip Code: 60452

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $583,116
  • Tax Rate Code Area: 13056

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 259,475
  • High Value: 318,724
  • Low Value: 200,227

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $23,200
  • Market Improvement Value: $186,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $2,320
  • Assessed Improvements Value: $18,680

    Sales

  • Current Sale Contract Date: Mar 13, 2018
  • Current Sale Recording Date: Apr 03, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1809345065

    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:

$324,404

Sale Price/ft²

$198

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1474 ft²

Average Home Age

46.5 years

Currently For Sale

49 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: Sheri Prodehl, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 09719685
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 4908 157th Street built and last sold?
The property at 4908 157th Street was built in 1968 and last sold on Mar 13, 2018 for $181,000.
How much is this home worth?
The estimated value of the home located at 4908 157th Street is $0.
What are some comparable homes to 4908 157th Street?
There are currently no comparable homes to 4908 157th Street.
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