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Oak Forest 60452
5755 DOVER Road
$235,000
● House - Off Market

5755 DOVER Road

Oak Forest, IL 60452
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
990 Ft²
$1,581
Est. Monthly
15.82%
Cap Rate

About This Property

Excellent opportunity to own this 4 bedroom 1.5 bath split level home. minutes away to Shopping, Restaurants and schools. Newer Furnace, air conditioner, washer and dryer. Water heater just a few years old.   Being sold as-is. Easy to show.
Unit Size
990 Ft²
Days on Market
-
Land Size
-
Price per sqft
$222
Property Type
House
Property Taxes
$501
HOA Dues
-
Year Built
1969

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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 #11928479)

Price History

Date / Event Date Event Price
Dec 29, 2023 Sold
Premium
Sold
Nov 10, 2023 Listed by Baird & Warner Real Estate $219,900
Listed by Baird & Warner Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,711
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 990
  • Gross Building Area: 990
  • Building Area: 990
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 990
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PETERS SEVENTH ADD TO ELMORRO
  • Land Acres: 0000000154
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: WARREN J (PETERS) (SEVENTH) ADD TO (ELMORRO) SUB OF P T OF N 60 ACS OF SE & PT OF SE OF NE SEC 17-36-13

Neighborhood

  • School District Name: Arbor Park School District 145
  • Census Tract: 824505

Geography

  • District: 13
  • Parcel: 28-17-405-024-0000
  • Block: 374
  • Lot: 374
  • Meridian: SEC 17 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6096
  • Longitude: -87.7608

    Address

  • Full Address: 5755 Dover Rd
  • Address - House Number: 5755
  • Address - Street Name: Dover
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Oak Forest
  • Carrier Code: C007
  • 4-Digit Zip Code: 2811
  • Zip Code: 60452

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $600,961
  • Tax Rate Code Area: 13056

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 215,543
  • High Value: 237,337
  • Low Value: 193,750

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $30,200
  • Market Improvement Value: $179,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $3,020
  • Assessed Improvements Value: $17,980

    Sales

  • Current Sale Contract Date: Dec 21, 2023
  • Current Sale Recording Date: Dec 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6341
  • Previous Sale Recording Date: Aug 02, 2010
  • Previous Sale Contract Date: Jun 16, 2010
  • Previous Sale Amount: $122,000
  • Previous Sale Document Type: 20
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:

$319,950

Sale Price/ft²

$200

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1579 ft²

Average Home Age

47.3 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

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MRED

Listed by: Mary Petric, Baird & Warner Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11928479
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 5755 Dover Road built and last sold?
The property at 5755 Dover Road was built in 1969 and last sold on Dec 21, 2023 for $235,000.
How much is this home worth?
The estimated value of the home located at 5755 Dover Road is $0.
What are some comparable homes to 5755 Dover Road?
There are currently no comparable homes to 5755 Dover Road.
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