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Worth 60482
7201 W 108th Place
$222,500
● House - Off Market

7201 W 108th Place

Worth, IL 60482
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,650 Ft²
$240,215
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Beautiful bi-level 3 bedroom, 2 full bath single family home on a double lot awaiting for your updates and ideas. This home gets drenched with plenty of natural light throughout and features skylights as you walk in the front door. Full finished basement with private entrance perfect for related living. Family room features a beautiful brick fireplace. The formal dining room leads to a spacious deck with a backyard that features a pool and a private fenced yard, perfect to enjoy those summer barbecue's with family and friends. Attached two car garage. Many updates include sump pump 2019, ejector pump replaced 2017, Permaseal 2017 & second sump pump lifetime warranty, hot water tank 2019, new roof with leaf guard on gutters, skylights 2015, AC and furnace 2015. Excellent school district, conveniently located close to shopping, supermarkets and restaurants. Sold As-Is.
Unit Size
1,650 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$139
Property Type
House
Property Taxes
$464
HOA Dues
-
Year Built
1981

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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

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1981
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • 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: 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: 13,024
  • Lot Size Depth Feet: 880
  • Lot Size Frontage Feet: 1,480
  • Total Building Area: 977
  • Gross Building Area: 977
  • Building Area: 977
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 977
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MCINTOSH & COS WORTHWOOD UNIT2
  • Land Acres: 0000000299
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: ARTHUR T (MCINTOSH) & COS (WORTHWOOD)(UNIT2) IN SE SEC 13-37-12

Neighborhood

  • School District Name: Consolidated High School District 230
  • Census Tract: 823806

Geography

  • District: 30
  • Parcel: 23-13-415-011-0000
  • Block: 10
  • Lot: 3
  • Meridian: SEC 13 TWN 37N RNG 12E
  • Municipality: PALOS
  • Latitude: 41.6946
  • Longitude: -87.7982

    Address

  • Full Address: 7201 W 108th Pl
  • Legal Unit: 2
  • Address - House Number: 7201
  • Street Direction: W
  • Address - Street Name: 108th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Worth
  • Carrier Code: C002
  • 4-Digit Zip Code: 1103
  • Zip Code: 60482

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $574,154
  • Tax Rate Code Area: 30012

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 396,752
  • High Value: 436,867
  • Low Value: 356,638

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $104,190
  • Market Improvement Value: $125,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $10,419
  • Assessed Improvements Value: $12,581

    Sales

  • Current Sale Contract Date: Oct 18, 2023
  • Current Sale Recording Date: Oct 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6260
  • Previous Sale Recording Date: Mar 10, 2023
  • Previous Sale Contract Date: Feb 22, 2023
  • Previous Sale Amount: $222,500
  • 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 Worth

Stats & Trends

Median Asking:

$310,000

Sale Price/ft²

$201

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1356 ft²

Average Home Age

60.3 years

Currently For Sale

21 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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$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
8805 S 79 Avenue #11, Hickory Hills, IL, 60457 Listing by Halina Wisniewska
Unit for rent at 10330 S Mcvicker Avenue S, Chicago Ridge, IL, 60415

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,050 ft²
10330 S Mcvicker Avenue S #2, Chicago Ridge, IL, 60415 Listing by Tanya Coffman
Unit for rent at 10956 S 76th Avenue, Palos Hills, IL, 60465

$2,450 /mo

  • 2 Beds
  • 1 Bath
  • 1,500 ft²
10956 S 76th Avenue #F, Palos Hills, IL, 60465 Listing by Halina Wisniewska

Rentals Near You

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MRED

Listed by: Arturo Olivares, Grandview Realty LLC
Data Source: MRED, MLS# MRD11716267
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 7201 West 108th Place built and last sold?
The property at 7201 West 108th Place was built in 1981 and last sold on Oct 18, 2023 for $350,000.
How much is this home worth?
The estimated value of the home located at 7201 West 108th Place is $0.
What are some comparable homes to 7201 West 108th Place?
There are currently no comparable homes to 7201 West 108th Place.
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