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Oak Forest 60452
4921 157th Street
$74,999
● House - Off Market

4921 157th Street

Oak Forest, IL 60452
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,845 Ft²
$967
Est. Monthly
33.07%
Cap Rate

About This Property

Investors, builders and all who are handy come check out this opportunity to bring back to life this home. Standing tall on a wonderful lot in Oak Forest this home needs a lot of work but has great potential. Come take a look today!
Unit Size
1,845 Ft²
Days on Market
-
Land Size
-
Price per sqft
$38
Property Type
House
Property Taxes
$623
HOA Dues
-
Year Built
1954

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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

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • 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: 10,200
  • Total Building Area: 1,845
  • Gross Building Area: 1,845
  • Building Area: 1,845
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,845
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MCINTOSH & COS FOREST RIDGE
  • Land Acres: 0000000234
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04
  • Legal Description 1: A T (MCINTOSH) & COS (FOREST)(RIDGE) FARMS SUB WH SE ALSO SE SE LYING NLY OF NWLY LINE OF RW OF C R I & P R R CO SEC 16-36-13

Neighborhood

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

Geography

  • District: 13
  • Parcel: 28-16-410-019-0000
  • Lot: 10
  • Meridian: SEC 16 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6067
  • Longitude: -87.7401

    Address

  • Full Address: 4921 157th St
  • Address - House Number: 4921
  • Address - Street Name: 157th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Oak Forest
  • Carrier Code: C003
  • 4-Digit Zip Code: 3511
  • Zip Code: 60452

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $566,896
  • Tax Rate Code Area: 13056

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 287,132
  • High Value: 352,696
  • Low Value: 221,568

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $40,800
  • Market Improvement Value: $199,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $4,080
  • Assessed Improvements Value: $19,920
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:

$320,450

Sale Price/ft²

$197

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1419 ft²

Average Home Age

46.7 years

Currently For Sale

48 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
Unit for rent at 17011 Danielle Court, Oak Forest, IL, 60452

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 2,879 ft²
17011 Danielle Court, Oak Forest, IL, 60452 Listing by Lena Matariyeh

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Steven Loerop, Village Realty, Inc.
Data Source: MRED, MLS# MRD12377473
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 4921 157th Street built and last sold?
The property at 4921 157th Street was built in 1954 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4921 157th Street is $0.
What are some comparable homes to 4921 157th Street?
There are currently no comparable homes to 4921 157th Street.
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