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Richton Park 60471
Undisclosed Address
$127,500
● House - Off Market

Undisclosed Address

RICHTON PARK, IL 60471
bedrooms
3 Beds
bathrooms
3 Baths
$306,813
RealtyHop Estimate
91.88%
Since Sep 1, 2008
National-US
Primary Model

About This Property

BACK ON MARKET!  Short Sale Approved!  Approved for $159,900 & No Pts or $164,500 & 2.5 Pts. Village Inspection Completed-& Online-Possible Quick Close! Fabulous Quad at a Fabulous Price! Wow! 3 Full Baths, Kitchen overlooks Family Room w/Fireplace. Neutral Decor, Patio Doors from Kitchen Lead out to a Covered Patio. Great Buy! Property Shows Well, but Sold "As Is"
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$504
HOA Dues
-
Year Built
1988

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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.

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 17
  • 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: 34,507
  • Total Building Area: 1,364
  • Gross Building Area: 1,364
  • Building Area: 1,364
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,364
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BURNSIDES LAKEWOOD MANOR UNIT16
  • Land Acres: 0000000792
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (BURNSIDES) (LAKEWOOD) MANOR (UNIT16) A RESUB OF LT35 8 EX PT IN BURNSIDES LAKEWOOD MANOR UNIT11 SUB OF NE &PT NW SEC 33-35-1

Neighborhood

  • School District Name: Elementary School District 159
  • Census Tract: 830008

Geography

  • District: 32
  • Parcel: 31-33-212-021-0000
  • Lot: 35
  • Meridian: SEC 33 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.4825
  • Longitude: -87.7379

    Address

  • Full Address: 5016 Amy Dr
  • Legal Unit: 16
  • Address - House Number: 5016
  • Address - Street Name: Amy
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Richton Park
  • Carrier Code: C010
  • 4-Digit Zip Code: 1645
  • Zip Code: 60471

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 32071

    Appraisal Valuation

  • Standard Deviation: 0.2321
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 284,551
  • High Value: 350,615
  • Low Value: 218,486

    Market Valuation

  • Market Total Value: $314,790
  • Market Land Value: $189,790
  • Market Improvement Value: $125,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,479
  • Assessed Land Value: $18,979
  • Assessed Improvements Value: $12,500

    Sales

  • Current Sale Contract Date: Jun 19, 2020
  • Current Sale Recording Date: Aug 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021621061
  • Previous Sale Recording Date: Sep 05, 2008
  • Previous Sale Contract Date: Aug 28, 2008
  • Previous Sale Amount: $127,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Richton Park

Stats & Trends

Median Asking:

$235,350

Sale Price/ft²

$139

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1621 ft²

Average Home Age

47.4 years

Currently For Sale

35 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 4723 Laurel Drive, Richton Park, IL, 60471

$1,950 /mo

  • 3 Beds
  • 1 Bath
  • 1,175 ft²
4723 Laurel Drive, Richton Park, IL, 60471 Listing by Michael Fisher
Unit for rent at 4453 S Churchill Drive, Richton Park, IL, 60471

$1,850 /mo

  • 3 Beds
  • 1 Bath
  • 925 ft²
4453 S Churchill Drive, Richton Park, IL, 60471 Listing by Christina Johns

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Zelia Cato, RE/MAX Synergy
Data Source: MRED, MLS# MRD06764627
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 5016 Amy Drive built and last sold?
The property at 5016 Amy Drive was built in 1988 and last sold on Jun 19, 2020 for $205,000.
How much is this home worth?
The estimated value of the home located at 5016 Amy Drive is $207,476.
What are some comparable homes to 5016 Amy Drive?
There are currently no comparable homes to 5016 Amy Drive.
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