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Alsip 60803 Alsip
5857 W 125th Place
$319,900
● House - Off Market

5857 W 125th Place

Alsip, IL 60803
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,422 Ft²
$325,474
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Forrester Model 2422 sq. ft in the Palos Heights school district! Move-in ready home with 3 large bedrooms & 2.5 bathrooms. Eat-in kitchen overlooking the large, bright family room. Vaulted ceiling in the living/dining room. Primary bedroom suite with large closets and private bath. 2 other bedrooms with large closets, hall bath. Large family room with sliding glass door to yard. Newly painted throughout, new carpeting, light fixtures and thermostat. New laminate flooring in foyer, kitchen & bathrooms. Attached 2-car garage. Home is ready for your ideas to update the bathroom & kitchen. Home Sold As-Is. Estate Sale, 1 year home warranty. Great schools, walk to the elementary school, close to highway & shops.
Unit Size
2,422 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$132
Property Type
House
Property Taxes
$335
HOA Dues
-
Year Built
1975

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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 #11730488)

Price History

Date / Event Date Event Price
Apr 18, 2023 Sold
Premium
Sold
Mar 8, 2023 Listed by Realty Executives Midwest $319,900
Listed by Realty Executives Midwest

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • 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: 7,500
  • Total Building Area: 2,422
  • Gross Building Area: 2,422
  • Building Area: 2,422
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,422
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHIPPEWA RIDGE SUBDIVISION
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

  • School District Name: Palos Heights School District 128
  • Census Tract: 823605

Geography

  • District: 39
  • Parcel: 24-29-410-004-0000
  • Meridian: SEC 29 TWN 37N RNG 13E
  • Municipality: WORTH
  • Latitude: 41.6637
  • Longitude: -87.7652

    Address

  • Full Address: 5857 W 125th Pl
  • Address - House Number: 5857
  • Street Direction: W
  • Address - Street Name: 125th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Alsip
  • Carrier Code: C050
  • 4-Digit Zip Code: 3551
  • Zip Code: 60803

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $856,585
  • Tax Rate Code Area: 39104

    Appraisal Valuation

  • Standard Deviation: 0.2339
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 375,363
  • High Value: 463,196
  • Low Value: 287,531

    Market Valuation

  • Market Total Value: $310,000
  • Market Land Value: $52,500
  • Market Improvement Value: $257,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,000
  • Assessed Land Value: $5,250
  • Assessed Improvements Value: $25,750

    Sales

  • Current Sale Contract Date: Apr 18, 2023
  • Current Sale Recording Date: May 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 8004
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 Alsip

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$196

Below Asking

0.02%

Average Days on Market

47

Average Home Size

1319 ft²

Average Home Age

47.8 years

Currently For Sale

37 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: Rosa Andersen, Realty Executives Midwest
Last Updated: 3 years ago
Data Source: MRED, MLS# 11730488
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 5857 West 125th Place built and last sold?
The property at 5857 West 125th Place was built in 1975 and last sold on Apr 18, 2023 for $320,000.
How much is this home worth?
The estimated value of the home located at 5857 West 125th Place is $0.
What are some comparable homes to 5857 West 125th Place?
There are currently no comparable homes to 5857 West 125th Place.
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