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Matteson 60443
5258 NORTHWESTERN Drive
$315,000
● House - Off Market

5258 NORTHWESTERN Drive

Matteson, IL 60443
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,414 Ft²
$2,421
Est. Monthly
7.50%
Cap Rate

About This Property

Come discover this secluded, well maintained executive home in the Oxford Estates subdivision. Eat in kitchen with Island, large master bedroom custom closet & bath with seperate shower & whirlpool. Three car garage and full basement.
Unit Size
2,414 Ft²
Days on Market
-
Land Size
-
Price per sqft
$133
Property Type
House
Property Taxes
$850
HOA Dues
-
Year Built
2000

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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: 2 years ago (MRED MLS #12119742)

Price History

Date / Event Date Event Price
Feb 25, 2025 Sold
Premium
Sold
Jan 25, 2025 In contract -
In contract
Jan 24, 2025 No longer available -
No longer available
Jan 17, 2025 Price Decreased $319,900
↓ $10K (3%)
Price Decreased
Dec 17, 2024 Price Decreased $329,900
↓ $10K (2.9%)
Price Decreased
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • 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: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,399
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 760
  • Total Building Area: 2,414
  • Gross Building Area: 2,414
  • Building Area: 2,414
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,414
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRICKET HILL ADD 02
  • Land Acres: 0000000193
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

  • School District Name: Elementary School District 159
  • Census Tract: 830004

Geography

  • District: 32
  • Parcel: 31-16-313-016-0000
  • Lot: 19
  • Meridian: SEC 16 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5158
  • Longitude: -87.7441

    Address

  • Full Address: 5258 Northwestern Dr
  • Address - House Number: 5258
  • Address - Street Name: Northwestern
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Matteson
  • Carrier Code: C008
  • 4-Digit Zip Code: 1675
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,020,071
  • Tax Rate Code Area: 32036

    Appraisal Valuation

  • Standard Deviation: 0.2364
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 312,584
  • High Value: 386,480
  • Low Value: 238,689

    Market Valuation

  • Market Total Value: $330,010
  • Market Land Value: $46,200
  • Market Improvement Value: $283,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,001
  • Assessed Land Value: $4,620
  • Assessed Improvements Value: $28,381

    Sales

  • Current Sale Contract Date: Mar 28, 2016
  • Current Sale Recording Date: Apr 04, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1609519117
  • Previous Sale Recording Date: Mar 26, 2013
  • Previous Sale Contract Date: Feb 18, 2013
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 64
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 Matteson

Stats & Trends

Median Asking:

$267,000

Sale Price/ft²

$152

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1626 ft²

Average Home Age

44.3 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 56 Timberlane Road, Matteson, IL, 60443

$3,100 /mo

  • 4 Beds
  • 3 Baths
  • 2,080 ft²
56 Timberlane Road, Matteson, IL, 60443 Listing by Susan Pate
Unit for rent at 6024 Aspen Lane, Matteson, IL, 60443

$2,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,294 ft²
6024 Aspen Lane, Matteson, IL, 60443 Listing by Cathy LaShea

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: M. Todd Hague, 1st Cornerstone Realty Inc.
Last Updated: 2 years ago
Data Source: MRED, MLS# 12119742
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 5258 Northwestern Drive built and last sold?
The property at 5258 Northwestern Drive was built in 2000 and last sold on Mar 28, 2016 for $401,500.
How much is this home worth?
The estimated value of the home located at 5258 Northwestern Drive is $326,186.
What are some comparable homes to 5258 Northwestern Drive?
There are currently no comparable homes to 5258 Northwestern Drive.
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