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Oak Forest 60452
5008 155th Street
$280,000
● House - Off Market

5008 155th Street

Oak Forest, IL 60452
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,100 Ft²
$2,044
Est. Monthly
8.86%
Cap Rate

About This Property

This is your opportunity home! A fantastic large split level with oversized rooms, great back yard, nice cabinets, big closets, and quiet neighborhood; and it's just waiting for your finishing touches. Newer stainless steel appliances, and huge deck for outdoor entertaining. Spacious attached garage as well. Live large at a small price! This is an as-is and where-is sale, but very livable; with no guarantee of removal of personal property.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$136
Property Type
House
Property Taxes
$644
HOA Dues
-
Year Built
1990

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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: 1990
  • Effective Year Built: 1990
  • 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: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,408
  • Gross Building Area: 1,408
  • Building Area: 1,408
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,408
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAT OF RESUBDIVISION
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (PLAT) OF (RESUBDIVISION) OF LT 6 IN BLK 24 IN A T MC INTOSH & COS CICERO AV SUB IN SEC 15 & IN SEC 16-36-13

Neighborhood

  • School District Name: Forest Ridge School District 142
  • Census Tract: 824602

Geography

  • District: 13
  • Parcel: 28-16-210-024-0000
  • Block: 24
  • Lot: 6
  • Meridian: SEC 16 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6107
  • Longitude: -87.7425

    Address

  • Full Address: 5008 155th St
  • Address - House Number: 5008
  • Address - Street Name: 155th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Oak Forest
  • Carrier Code: C017
  • 4-Digit Zip Code: 3402
  • Zip Code: 60452

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $612,209
  • Tax Rate Code Area: 13067

    Appraisal Valuation

  • Standard Deviation: 0.2399
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 292,404
  • High Value: 362,572
  • Low Value: 222,237

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $30,000
  • Market Improvement Value: $250,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $25,000

    Sales

  • Current Sale Contract Date: Mar 02, 2023
  • Current Sale Recording Date: Apr 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 19051
  • Previous Sale Recording Date: Apr 04, 2008
  • Previous Sale Contract Date: Apr 01, 2008
  • Previous Sale Amount: $244,000
  • Previous Sale Document Type: 20
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:

$320,000

Sale Price/ft²

$200

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1558 ft²

Average Home Age

46.4 years

Currently For Sale

43 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: Max Shallow, RE/MAX Professionals Select
Data Source: MRED, MLS# MRD12462063
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 5008 155th Street built and last sold?
The property at 5008 155th Street was built in 1990 and last sold on Mar 2, 2023 for $267,000.
How much is this home worth?
The estimated value of the home located at 5008 155th Street is $0.
What are some comparable homes to 5008 155th Street?
There are currently no comparable homes to 5008 155th Street.
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