$265,000
●
House -
Off Market
5237 Diamond Drive #B
Oak Forest, IL 60452
2 Beds
1 Bath,
1
Half Bath
1,250 Ft²
$2,020
Est. Monthly
$320
HOA / Fees
7.14%
Cap Rate
About This Property
Run..Don't walk to this dynamite two story stunner with finished
basement! Updated from top to bottom! Main floor
features large 2 story living room with rich hardwood floors,
canned lighting and fireplace! Show stopping kitchen with updated
ceramic tile flooring, white cabinets, granite counters breakfast
bar, SS appliances and subway tile backsplash! Updated guest powder
room too! 2nd floor features updated staircase with iron
ballisters leading to huge loft space with updated lighting
fixture! Primary suite with walk in closet and updated fan!
Full shared bath features large ceramic tile flooring/shower plus
double sink vanity with updated plumbing and electrical fixtures!
Large spare bed! New white trim/doors throughout! Full
basement is finished with family room with sliding barn door and
rustic ceilings plus laundry room with plenty of storage! Attached
one car garage! Exterior features cozy front porch plus large patio
with privacy fence! Great location...close to everything!
DO NOT MISS THIS ONE!!
Unit Size
1,250 Ft²
Days on Market
-
Land Size
-
Price per sqft
$212
Property Type
House
Property Taxes
$398
HOA Dues
$320
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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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 Details
Has Garage
Parking Features: Asphalt, Garage Door Opener, Attached, Driveway, Garage, Yes, Garage Owned, Owned
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Vaulted Ceiling(s), Cathedral Ceiling(s), Storage, Built-in Features, Walk-In Closet(s)
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
Flooring Type: Hardwood
Laundry Features: Washer Hookup, Gas Dryer Hookup, In Unit, Sink
Rooms: 6
Has Fireplace
Fireplace Features: Electric
Fireplaces: 1
Basement: Finished, Full, Egress Window
Exterior Details
Square Footage: 1250
Square Footage Source: $0
Year Built: 1997
Other Structures: None
Window Features: Screens
Construction Materials: Vinyl Siding, Brick
Patio and Porch Features: Patio
Lot Features: Corner Lot, Landscaped, Common Grounds
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Annual Amount: $4,779
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Insurance, Maintenance Grounds, Snow Removal, Exterior Maintenance
HOA Fee: $320
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/18/2025
|
2 Bed
|
1 Bath
|
1250 ft²
|
$265,000
2 Bed
1 Bath
1250 ft²
|
$265,000
11/19/2025
|
David Cobb
RE/MAX 10
| |
|
04/09/2025
|
2 Bed
|
1 Bath
|
1500 ft²
|
$250,000
2 Bed
1 Bath
1500 ft²
|
$250,591
+0.24%
07/31/2025
|
Christy Schmaedeke
Keller Williams Realty Infinity
| |
|
07/16/2020
|
2 Bed
|
2 Bath
|
1250 ft²
|
$185,000
2 Bed
2 Bath
1250 ft²
|
-
-
|
-
| |
|
04/22/2017
|
2 Bed
|
2 Bath
|
1250 ft²
|
$149,900
2 Bed
2 Bath
1250 ft²
|
$149,000
-0.60%
06/20/2017
|
Jennifer Lunsford
Infiniti Properties, Inc.
|
Building Info
About Oak Forest
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Listed by: David Cobb, RE/MAX 10
Data Source: MRED, MLS# MRD12470401
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.
Data Source: MRED, MLS# MRD12470401
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