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Oak Forest 60452
5801 Rob Roy Drive
$310,000
● House - Off Market

5801 Rob Roy Drive

Oak Forest, IL 60452
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,415 Ft²
$2,066
Est. Monthly
5.63%
Cap Rate

About This Property

Check out this 3 bedroom/2 full bathroom home with oversized two car garage on a corner lot in Oak Forest! Enter this home to a living room or dining room with hardwood floors. Kitchen with plenty of cabinets, newer stainless steel appliance, and pantry. Upstairs find three good size bedrooms with true hardwood floors and an updated full bathroom with custom tile. The lower level offers a family room which is perfect for entertaining. Also, find the second full bathroom with stand in shower, laundry room, storage, and mechanicals. Fenced in backyard. Seller will leave Pool and Pool equipment for new owner.  Close to schools, parks, shopping, restaurants, and more! UPDATES: Roof ('24), Water Heater ('23) Soffits, Fascia, Gutters, Pool Pump, Washer & Dryer ('22), Appliances and Water Softener ('21), Pool ('20).
Unit Size
1,415 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$212
Property Type
House
Property Taxes
$593
HOA Dues
-
Year Built
1966

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,287
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,115
  • Gross Building Area: 1,115
  • Building Area: 1,115
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,115
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WARREN J PETERS CASTLETOWNE S
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: LOT 2 IN BLK 17 IN WARREN J PETERS CASTLETOWNE SUB UNIT #2 PART OF S2 NE4 SE4 OF SEC17 T36N R13E 3P

Neighborhood

  • School District Name: Forest Ridge School District 142
  • Census Tract: 824505

Geography

  • District: 13
  • Parcel: 28-17-224-002-0000
  • Block: 17
  • Lot: 2
  • Meridian: SEC 17 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6131
  • Longitude: -87.7612

    Address

  • Full Address: 5801 Rob Roy Dr
  • Address - House Number: 5801
  • Address - Street Name: Rob Roy
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Oak Forest
  • Carrier Code: C004
  • 4-Digit Zip Code: 1927
  • Zip Code: 60452

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $711,185
  • Tax Rate Code Area: 13067

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 289,692
  • High Value: 354,760
  • Low Value: 224,624

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $37,290
  • Market Improvement Value: $192,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $3,729
  • Assessed Improvements Value: $19,271

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: Nov 11, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2031638445
  • Previous Sale Recording Date: Sep 24, 2015
  • Previous Sale Contract Date: Sep 10, 2015
  • Previous Sale Amount: $159,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: FIX
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

Unit for rent at 6408 Nature Drive, Oak Forest, IL, 60452

$2,150 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
6408 Nature Drive #1W, Oak Forest, IL, 60452 Listing by Barbara Moniuszko
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: Jonathan Darin, Coldwell Banker Real Estate Group
Data Source: MRED, MLS# MRD12310519
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 5801 Rob Roy Drive built and last sold?
The property at 5801 Rob Roy Drive was built in 1966 and last sold on Sep 21, 2020 for $220,000.
How much is this home worth?
The estimated value of the home located at 5801 Rob Roy Drive is $0.
What are some comparable homes to 5801 Rob Roy Drive?
There are currently no comparable homes to 5801 Rob Roy Drive.
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