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Chicago Heights 60411
69 Peyton Drive
$200,000
● House - Off Market

69 Peyton Drive

Chicago Heights, IL 60411
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,615 Ft²
$180,209
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Bi-Level 4 bedroom home that includes living room, wood burning fireplace, separate dining room with hardwood floors.
Unit Size
1,615 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$108
Property Type
House
Property Taxes
$606
HOA Dues
-
Year Built
1961

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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 #11301208)

Price History

Date / Event Date Event Price
Mar 25, 2022 Sold
Premium
Sold
Jan 10, 2022 Listed by Baird & Warner $175,000
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,615
  • Gross Building Area: 1,615
  • Building Area: 1,615
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,615
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORMANDY VILLA SECOND
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-07
  • Legal Description 1: (NORMANDY) (VILLA) (SECOND) ADD SUB OF PT OF WH SE & PT OF EH SW SEC 08-35-14

Neighborhood

  • School District Name: Bloom Township High School District 206
  • Census Tract: 828802

Geography

  • District: 12
  • Parcel: 32-08-412-004-0000
  • Lot: 204
  • Meridian: SEC 08 TWN 35N RNG 14E
  • Municipality: BLOOM
  • Latitude: 41.535
  • Longitude: -87.644

    Address

  • Full Address: 69 Peyton Dr
  • Address - House Number: 69
  • Address - Street Name: Peyton
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Chicago Heights
  • Carrier Code: C040
  • 4-Digit Zip Code: 1147
  • Zip Code: 60411

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $739,517
  • Tax Rate Code Area: 12054

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 270,992
  • High Value: 332,870
  • Low Value: 209,113

    Market Valuation

  • Market Total Value: $174,900
  • Market Land Value: $34,500
  • Market Improvement Value: $140,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,490
  • Assessed Land Value: $3,450
  • Assessed Improvements Value: $14,040

    Sales

  • Current Sale Contract Date: Mar 17, 2022
  • Current Sale Recording Date: Apr 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2209728249
  • Previous Sale Recording Date: Apr 07, 2022
  • Previous Sale Contract Date: Mar 17, 2022
  • Previous Sale Amount: $200,000
  • 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 Chicago Heights

Stats & Trends

Median Asking:

$206,000

Sale Price/ft²

$156

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1120 ft²

Average Home Age

70.8 years

Currently For Sale

63 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

Rentals Near You

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MRED

Listed by: Minnette Johnson, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11301208
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 69 Peyton Drive built and last sold?
The property at 69 Peyton Drive was built in 1961 and last sold on Mar 17, 2022 for $200,000.
How much is this home worth?
The estimated value of the home located at 69 Peyton Drive is $178,766.
What are some comparable homes to 69 Peyton Drive?
There are currently no comparable homes to 69 Peyton Drive.
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