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Oak Forest 60452
5217 155th Street
$235,000
● House - Off Market

5217 155th Street

Oak Forest, IL 60452
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,200 Ft²
$259,917
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

LOCATION, LOCATION, LOCATION! THREE BEDROOM, TWO BATHROOM SPLIT LEVEL HOME WITH A SUB BASEMENT IS AMAZINGLY LOCATED WITHIN WALKING DISTANCE OF OAK FOREST HIGHSCHOOL AND ST DAMIAN ELEMENTARY SCHOOL. WOOD LAMINATE FLOORING THROUGHOUT MOST OF THE FIRST FLOOR. GREAT SIZED YARD WITH COVERED PATIO. ROOF & AC UNIT APPROX 10 YEARS OLD. ATTACHED 2 CAR GARAGE. SOLD AS-IS.
Unit Size
2,200 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$111
Property Type
House
Property Taxes
$559
HOA Dues
-
Year Built
1983

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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.

Last updated: 3 years ago (MRED MLS #11632349)

Price History

Date / Event Date Event Price
Dec 2, 2022 Sold
Premium
Sold
Sep 18, 2022 Listed by HomeSmart Realty Group $245,000
Listed by HomeSmart Realty Group

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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
  • 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: 7,800
  • Total Building Area: 1,278
  • Gross Building Area: 1,278
  • Building Area: 1,278
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,278
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FARMS SUB
  • Land Acres: 0000000179
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: BRET & SARA (JONES) RESUB OF N210.67 LT 17 IN A T MC INTOSH & COS 155TH ST FARMS SUB OF SW NE SW IN SEC 16-36-13

Neighborhood

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

Geography

  • District: 13
  • Parcel: 28-16-301-106-0000
  • Lot: 17
  • Meridian: SEC 16 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6101
  • Longitude: -87.7476

    Address

  • Full Address: 5217 155th St
  • Address - House Number: 5217
  • Address - Street Name: 155th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Oak Forest
  • Carrier Code: C017
  • 4-Digit Zip Code: 3323
  • Zip Code: 60452

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $698,168
  • Tax Rate Code Area: 13056

    Appraisal Valuation

  • Standard Deviation: 0.2467
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 276,323
  • High Value: 344,493
  • Low Value: 208,153

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $35,100
  • Market Improvement Value: $214,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $3,510
  • Assessed Improvements Value: $21,490

    Sales

  • Current Sale Contract Date: Dec 02, 2022
  • Current Sale Recording Date: Dec 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 47198
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:

$322,450

Sale Price/ft²

$198

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1432 ft²

Average Home Age

47.8 years

Currently For Sale

46 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 15830 Terrace Drive, Oak Forest, IL, 60452

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
15830 Terrace Drive #RO3, Oak Forest, IL, 60452 Listing by Amber Holup
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: Kevin Bruton, HomeSmart Realty Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11632349
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 5217 155th Street built and last sold?
The property at 5217 155th Street was built in 1983 and last sold on Dec 2, 2022 for $235,000.
How much is this home worth?
The estimated value of the home located at 5217 155th Street is $259,452.
What are some comparable homes to 5217 155th Street?
There are currently no comparable homes to 5217 155th Street.
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