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McCook 60525
5002 Glencoe Avenue
$265,000
● House - Off Market

5002 Glencoe Avenue

McCook, IL 60525
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,523 Ft²
$273,285
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

This is a very nice single family home in McCook IL where the town does so much for it's residents.  Home is very well maintained and the location is so close to interstate access and ideal location for getting down to the City of Chicago.  The high school district is 204 LT High School and Elementary Schools are district 103.  This is a rare opportunity to own in this small community.  Must see and Show.
Unit Size
1,523 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$181
Property Type
House
Property Taxes
$810
HOA Dues
-
Year Built
1948

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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 #11837668)

Price History

Date / Event Date Event Price
Sep 7, 2023 Sold
Premium
Sold
Jul 20, 2023 Listed by Capital Investment Realty Group Inc $275,000
Listed by Capital Investment Realty Group Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,523
  • Gross Building Area: 1,523
  • Building Area: 1,523
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,523
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PHILLIPS SUB
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Lyons School District 103
  • Census Tract: 820202

Geography

  • District: 21
  • Parcel: 18-11-129-015-0000
  • Lot: 71
  • Meridian: SEC 11 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.8001
  • Longitude: -87.8327

    Address

  • Full Address: 5002 Glencoe Ave
  • Address - House Number: 5002
  • Address - Street Name: Glencoe
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Mc Cook
  • Carrier Code: C030
  • 4-Digit Zip Code: 7803
  • Zip Code: 60525

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,001,374
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 21024

    Appraisal Valuation

  • Standard Deviation: 0.2482
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 317,747
  • High Value: 396,623
  • Low Value: 238,870

    Market Valuation

  • Market Total Value: $263,000
  • Market Land Value: $27,500
  • Market Improvement Value: $235,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,300
  • Assessed Land Value: $2,750
  • Assessed Improvements Value: $23,550

    Sales

  • Current Sale Contract Date: Sep 06, 2023
  • Current Sale Recording Date: Sep 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 34049
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 McCook

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$403

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1141 ft²

Average Home Age

92.7 years

Currently For Sale

0 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 4605 Prairie Avenue, Brookfield, IL, 60513

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,100 ft²
4605 Prairie Avenue, Brookfield, IL, 60513 Listing by Sarah Hinks

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Otis Lazich, Capital Investment Realty Group Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11837668
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 5002 Glencoe Avenue built and last sold?
The property at 5002 Glencoe Avenue was built in 1948 and last sold on Sep 6, 2023 for $265,000.
How much is this home worth?
The estimated value of the home located at 5002 Glencoe Avenue is $277,538.
What are some comparable homes to 5002 Glencoe Avenue?
There are currently no comparable homes to 5002 Glencoe Avenue.
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