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Monee 60449
5155 W Coleman Place
$235,000
● House - Off Market

5155 W Coleman Place

Monee, IL 60449
bedrooms
3 Beds
bathrooms
2 Baths
square feet
3,032 Ft²
$1,699
Est. Monthly
7.12%
Cap Rate

About This Property

Great Potential, will make a great starter home with a little elbow grease. Brick 3 bedroom, 2 bath split level conveniently located close to all accommodations including schools, parks, shops, restaurants and more!........BANK OWNED SOLD AS-IS . BUYER RESPONSIBLE FOR TERMITE AND SURVEY. TAXES PRORATED AT 100% . PROOF OF FUNDS OR PRE-APPROVAL REQUIRED WITH ALL OFFERS . E.M. MUST BE CERTIFIED FUNDS or wired.
Unit Size
3,032 Ft²
Days on Market
-
Land Size
-
Price per sqft
$81
Property Type
House
Property Taxes
$496
HOA Dues
-
Year Built
1996

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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 #11971485)

Price History

Date / Event Date Event Price
Mar 27, 2024 Sold
Premium
Sold
Jan 31, 2024 Listed by Citywide Realty LLC $244,900
Listed by Citywide Realty LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 606
  • Garage Type: 4
  • Garage Square Area: 680
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,871
  • Total Building Area: 2,426
  • Building Area: 1,820
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,820
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MCCORKLE'S RE-SUB
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 19 IN MCCORKLE'S RE-SUB OF PARTS OF LOTS 4 5 IN THE SUB OF JOHN WILSON'S ESTATE IN THE E1/2 OF THE NW1/4 OF SEC 21, T34N

Neighborhood

  • School District Name: Crete-Monee Community Unit School District 201-U
  • Census Tract: 883602

Geography

  • Parcel: 21-14-21-127-003
  • Lot: 19,4
  • Meridian: SEC 21 TWN 34N RNG 13E
  • Municipality: MONEE
  • Latitude: 41.4219
  • Longitude: -87.7392

    Address

  • Full Address: 5155 W Coleman Pl
  • Address - House Number: 5155
  • Street Direction: W
  • Address - Street Name: Coleman
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Monee
  • Carrier Code: R004
  • 4-Digit Zip Code: 8968
  • Zip Code: 60449

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $595,190
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 2113

    Appraisal Valuation

  • Standard Deviation: 0.087
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 240,937
  • High Value: 261,919
  • Low Value: 219,955

    Market Valuation

  • Market Total Value: $184,194
  • Market Land Value: $37,311
  • Market Improvement Value: $146,883

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,398
  • Assessed Land Value: $12,437
  • Assessed Improvements Value: $48,961

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 18, 2024
  • Current Sale Recording Date: Apr 02, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 15292
  • Previous Sale Recording Date: Aug 10, 1995
  • Previous Sale Contract Date: Aug 02, 1995
  • Previous Sale Amount: $121,000
  • Previous Sale Document Type: 41
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 Monee

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$148

Below Asking

0.01%

Average Days on Market

47

Average Home Size

3056 ft²

Average Home Age

30.1 years

Currently For Sale

19 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

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MRED

Listed by: Mauricio Gonzalez, Citywide Realty LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11971485
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 5155 West Coleman Place built and last sold?
The property at 5155 West Coleman Place was built in 1996 and last sold on Mar 18, 2024 for $235,000.
How much is this home worth?
The estimated value of the home located at 5155 West Coleman Place is $0.
What are some comparable homes to 5155 West Coleman Place?
There are currently no comparable homes to 5155 West Coleman Place.
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