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Matteson 60443
5808 ALLEMONG Drive
$80,000
● House - Off Market

5808 ALLEMONG Drive

MATTESON, IL 60443
bedrooms
3 Beds
bathrooms
1 Bath
$151,288
RealtyHop Estimate
89.11%
Since Aug 1, 2008
National-US
Primary Model

About This Property

BANK-OWNED FORECLOSURE/REO PRICED BELOW MARKET. NOT A SHORT SALE. SOLD AS-IS. Great investment. Single family home sold as-is. Nice yard, 2-car garage, quiet street. Rooms and lot size estimated. No survey or disclosures provided.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$233
HOA Dues
-
Year Built
1972

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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

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 8,400
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,212
  • Gross Building Area: 1,212
  • Building Area: 1,212
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,212
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODGATE GREEN UNIT1
  • Land Acres: 0000000193
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (WOODGATE) (GREEN) (UNIT1) SUB OF PT SH NE SEC 17-35-13

Neighborhood

  • School District Name: Elementary School District 159
  • Census Tract: 830003

Geography

  • District: 32
  • Parcel: 31-17-212-006-0000
  • Lot: 125
  • Meridian: SEC 17 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5214
  • Longitude: -87.7568

    Address

  • Full Address: 5808 Allemong Dr
  • Legal Unit: 1
  • Address - House Number: 5808
  • Address - Street Name: Allemong
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Matteson
  • Carrier Code: C005
  • 4-Digit Zip Code: 1108
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $488,078
  • Tax Rate Code Area: 32029

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 210,315
  • High Value: 231,579
  • Low Value: 189,050

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $33,600
  • Market Improvement Value: $146,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,000
  • Assessed Land Value: $3,360
  • Assessed Improvements Value: $14,640

    Sales

  • Current Sale Contract Date: Nov 16, 2022
  • Current Sale Recording Date: Dec 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 49009
  • Previous Sale Recording Date: Dec 09, 2008
  • Previous Sale Contract Date: Dec 05, 2008
  • Previous Sale Amount: $144,000
  • Previous Sale Document Type: 71
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:

$267,950

Sale Price/ft²

$151

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1733 ft²

Average Home Age

44.9 years

Currently For Sale

41 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 28 Olympus Drive, Tinley Park, IL, 60477

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
28 Olympus Drive, Tinley Park, IL, 60477 Listing by John Schober

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ethan Sahinoglu, Falcon Living, LLC
Data Source: MRED, MLS# MRD06867453
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 5808 Allemong Drive built and last sold?
The property at 5808 Allemong Drive was built in 1972 and last sold on Nov 16, 2022 for $187,500.
How much is this home worth?
The estimated value of the home located at 5808 Allemong Drive is $218,233.
What are some comparable homes to 5808 Allemong Drive?
There are currently no comparable homes to 5808 Allemong Drive.
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