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Worth 60482
7236 W 114th Street
$237,000
● House - Off Market

7236 W 114th Street

Worth, IL 60482
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,115 Ft²
$1,673
Est. Monthly
11.16%
Cap Rate

About This Property

Discover the potential of this charming 3-bedroom, 1-bath ranch home located in beautiful Worth. Built in 1956, this single-level residence offers plenty of living space, featuring freshly carpeted bedrooms and a convenient galley-style kitchen with lvp tile flooring. The home includes a nice garage and a great sized backyard, perfect for outdoor relaxation. Situated on a spacious lot, this property is within close proximity to plenty of restaurants and shopping making it an ideal home for you! This property is within walking distance of many local restaurants and a local golf course! Come check it out today!
Unit Size
1,115 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$216
Property Type
House
Property Taxes
$489
HOA Dues
-
Year Built
1955

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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

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • 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: 17
  • 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: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,250
  • Total Building Area: 1,115
  • Gross Building Area: 1,115
  • Building Area: 1,115
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,115
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARTHUR DUNAS HARLEM AVE ADD
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

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

Geography

  • District: 30
  • Parcel: 23-24-214-013-0000
  • Lot: 230
  • Meridian: SEC 24 TWN 37N RNG 12E
  • Municipality: PALOS
  • Latitude: 41.6846
  • Longitude: -87.7989

    Address

  • Full Address: 7236 W 114th St
  • Address - House Number: 7236
  • Street Direction: W
  • Address - Street Name: 114th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Worth
  • Carrier Code: C003
  • 4-Digit Zip Code: 1721
  • Zip Code: 60482

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $468,822
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 30012

    Appraisal Valuation

  • Standard Deviation: 0.265
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 205,582
  • High Value: 260,077
  • Low Value: 151,087

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $50,000
  • Market Improvement Value: $130,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,000
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $13,000

    Sales

  • Current Sale Contract Date: Jul 28, 2015
  • Current Sale Recording Date: Sep 11, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1525445005
  • Previous Sale Recording Date: Jul 17, 2013
  • Previous Sale Contract Date: Jun 10, 2013
  • Previous Sale Amount: $48,000
  • Previous Sale Document Type: 68
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:

$309,900

Sale Price/ft²

$203

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1413 ft²

Average Home Age

59.6 years

Currently For Sale

22 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 10201 Camden Lane, Bridgeview, IL, 60455

$2,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,500 ft²
10201 Camden Lane, Bridgeview, IL, 60455 Listing by Aleksandr Katsman

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Scanlon, eXp Realty
Data Source: MRED, MLS# MRD12476830
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 7236 West 114th Street built and last sold?
The property at 7236 West 114th Street was built in 1955 and last sold on Jul 28, 2015 for $789,000.
How much is this home worth?
The estimated value of the home located at 7236 West 114th Street is $0.
What are some comparable homes to 7236 West 114th Street?
There are currently no comparable homes to 7236 West 114th Street.
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