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Phoenix 60426
631 E 155th Street
$142,500
● House - Off Market

631 E 155th Street

Phoenix, IL 60426
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,025 Ft²
$953
Est. Monthly
12.73%
Cap Rate

About This Property

Renovated from top to bottom. This all brick ranch is much more than move in ready. All work was done with city approved permits, all the plumbing was totally redone, all new electrical wiring and updated electrical panel, complete new 30 year architectural shingle, all new energy efficient windows. You will love the hardwood floors that flow through the family room and bedrooms. Upgraded kitchen with extra cabinet space, quartz countertops and full size SS appliances. LED can lights that light up your family room with feature wall and oversized trim through the home. Bathroom that was taken down to the studs and rebuilt using high end finishes. Oversized laundry room with new water heater and newer furnace.  Welcome home!
Unit Size
1,025 Ft²
Days on Market
-
Land Size
-
Price per sqft
$137
Property Type
House
Property Taxes
$265
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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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 #12006610)

Price History

Date / Event Date Event Price
May 13, 2024 Sold
Premium
Sold
Mar 26, 2024 Listed by ICandy Realty LLC $140,000
Listed by ICandy Realty LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,920
  • Total Building Area: 1,025
  • Gross Building Area: 1,025
  • Building Area: 1,025
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,025
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PHOENIX MANOR
  • Land Acres: 0000000113
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (PHOENIX)(MANOR) SUB OF LOT 14 EX E 330FT & EX PT TAK EN FOR HWY.IN SCHOOL TRUSTEES SUB OF SEC SEC 16-36-14

Neighborhood

  • School District Name: Thornton Township High School District 205
  • Census Tract: 827200

Geography

  • District: 37
  • Parcel: 29-16-319-005-0000
  • Block: 1
  • Lot: 14
  • Meridian: SEC 16 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.608
  • Longitude: -87.6319

    Address

  • Full Address: 631 E 155th St
  • Address - House Number: 631
  • Street Direction: E
  • Address - Street Name: 155th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Phoenix
  • Carrier Code: C011
  • 4-Digit Zip Code: 2609
  • Zip Code: 60426

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 37053

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 99,641
  • High Value: 122,393
  • Low Value: 76,889

    Market Valuation

  • Market Total Value: $44,000
  • Market Land Value: $14,760
  • Market Improvement Value: $29,240

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,400
  • Assessed Land Value: $1,476
  • Assessed Improvements Value: $2,924

    Sales

  • Current Sale Contract Date: Nov 14, 2023
  • Current Sale Recording Date: Dec 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33495
  • Previous Sale Recording Date: Oct 05, 1998
  • Previous Sale Contract Date: Oct 01, 1998
  • Previous Sale Amount: $40,000
  • 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 Phoenix

Stats & Trends

Median Asking:

$195,000

Sale Price/ft²

$144

Below Asking

0.04%

Average Days on Market

72

Average Home Size

1856 ft²

Average Home Age

43.7 years

Currently For Sale

15 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 15334 Dr. Martin Luther King Jr. Drive, Dolton, IL, 60419

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
15334 Dr. Martin Luther King Jr. Drive #3W, Dolton, IL, 60419 Listing by Olga Kaminska

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Steve Budzik, ICandy Realty LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 12006610
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 631 East 155th Street built and last sold?
The property at 631 East 155th Street was built in 1956 and last sold on Nov 14, 2023 for $28,000.
How much is this home worth?
The estimated value of the home located at 631 East 155th Street is $0.
What are some comparable homes to 631 East 155th Street?
There are currently no comparable homes to 631 East 155th Street.
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