For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Matteson 60443
605 Willow Road
$232,000
● House - Off Market

605 Willow Road

Matteson, IL 60443
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,456 Ft²
$235,640
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Updated Quad-Level with Family Room plus Recreation room and Office in finished basement. Updated bathrooms. Newer laminate floors in Living room and dining room. Newer windows, siding and gutters. Stainless steel kitchen appliances plus washer and dryer. Very large corner lot with fenced yard and two level deck. 2-Car attached garage and extra side apron. Master Bedroom has walk-In closet and full private bath. Lots of space to spread out.
Unit Size
2,456 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$84
Property Type
House
Property Taxes
$496
HOA Dues
-
Year Built
1982

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 3 years ago (MRED MLS #11151338)

Price History

Date / Event Date Event Price
Aug 20, 2021 Sold
Premium
Sold
Jul 9, 2021 Listed by Baird & Warner $205,900
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 7
  • 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: 17
  • 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: 8,870
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,638
  • Gross Building Area: 1,638
  • Building Area: 1,638
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,638
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CREEKSIDE SUB PHASE2
  • Land Acres: 0000000204
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-07
  • Legal Description 1: (CREEKSIDE) SUB (PHASE2) SUB OF PT OF SW & PT OF NH S E SEC 17-35-13

Neighborhood

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

Geography

  • District: 32
  • Subdivision Phase Number: 2
  • Parcel: 31-17-313-017-0000
  • Lot: 143
  • Meridian: SEC 17 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5171
  • Longitude: -87.7643

    Address

  • Full Address: 605 Willow Rd
  • Address - House Number: 605
  • Address - Street Name: Willow
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Matteson
  • Carrier Code: C004
  • 4-Digit Zip Code: 1353
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $532,194
  • Tax Rate Code Area: 32029

    Appraisal Valuation

  • Standard Deviation: 0.2515
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 254,094
  • High Value: 318,003
  • Low Value: 190,185

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $35,480
  • Market Improvement Value: $204,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $3,548
  • Assessed Improvements Value: $20,452

    Sales

  • Current Sale Contract Date: Aug 18, 2021
  • Current Sale Recording Date: Sep 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2124525030
  • Previous Sale Recording Date: Apr 14, 2014
  • Previous Sale Contract Date: Mar 31, 2014
  • Previous Sale Amount: $114,000
  • Previous Sale Document Type: 71

    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 Matteson

Stats & Trends

Median Asking:

$268,900

Sale Price/ft²

$151

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1708 ft²

Average Home Age

44.9 years

Currently For Sale

40 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 103 Red Barn Road, Matteson, IL, 60443

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 980 ft²
103 Red Barn Road #103, Matteson, IL, 60443 Listing by Amber Holup

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Margot Courson, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11151338
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 605 Willow Road built and last sold?
The property at 605 Willow Road was built in 1982 and last sold on Aug 18, 2021 for $232,000.
How much is this home worth?
The estimated value of the home located at 605 Willow Road is $216,738.
What are some comparable homes to 605 Willow Road?
There are currently no comparable homes to 605 Willow Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Rich Homes for Sale
Rich Houses for Sale
Rich Condos for Sale
Rich Townhouses for Sale
Rich Multifamily for Sale
Rich Land for Sale
Rich Commercial for Sale
Rich Homes with Basements
Nearby Cities
Orland Park Homes for Sale
Tinley Park Homes for Sale
Oak Forest Homes for Sale
Park Forest Homes for Sale
Frankfort Homes for Sale
Dolton Homes for Sale
Homewood Homes for Sale
Chicago Heights Homes for Sale
Nearby Property Records
Cook County, IL Property Records
Will County, IL Property Records
Lake County, IN Property Records
Kankakee County, IL Property Records
DuPage County, IL Property Records
Porter County, IN Property Records
Grundy County, IL Property Records
Kendall County, IL Property Records
Nearby Counties
Thornton Homes for Sale
Bremen Homes for Sale
Orland Homes for Sale
Bloom Homes for Sale
Frankfort Homes for Sale
Crete Homes for Sale
Monee Homes for Sale
Green Garden Homes for Sale
Top Real Estate Agents
Top Agents in Rich
Top Agents in Thornton
Top Agents in Bremen
Top Agents in Orland
Top Agents in Bloom
Top Agents in Orland Park
Top Agents in Tinley Park
Top Agents in Frankfort