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Worth 60482
7301 W 109th Place
$205,000
● House - Off Market

7301 W 109th Place

Worth, IL 60482
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,548 Ft²
$210,490
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Come and See this 4 Bedroom , 2 Full Bath One of a Kind Ranch home. This Well Built Home includes a large  Yard and Attached Garage. Stay Warm during those cold winter months with the cozy wood burning fireplace in the Relaxing Living Room. Private courtyard for entertaining or relaxation. Newer Roof (2017)with transferrable warranty. Beautiful wooded corner lot. Excellent School District 230. Close to Shopping, Restaurants and Transportation. Sold As-Is .
Unit Size
1,548 Ft²
Days on Market
-
Land Size
-
Price per sqft
$129
Property Type
House
Property Taxes
$452
HOA Dues
-
Year Built
1972

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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 #11286174)

Price History

Date / Event Date Event Price
Feb 18, 2022 Sold
Premium
Sold
Dec 13, 2021 Listed by RE/MAX 1st Service $199,900
Listed by RE/MAX 1st Service

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,088
  • Lot Size Depth Feet: 840
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 1,548
  • Gross Building Area: 1,548
  • Building Area: 1,548
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,548
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MCINTOSH & COS WORTHWOOD
  • Land Acres: 0000000255
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: A T (MCINTOSH)& COS (WORTHWOOD) A SUB IN SE SE SEC 13-37-12

Neighborhood

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

Geography

  • District: 30
  • Parcel: 23-13-407-007-0000
  • Block: 3
  • Lot: 1
  • Meridian: SEC 13 TWN 37N RNG 12E
  • Municipality: PALOS
  • Latitude: 41.6923
  • Longitude: -87.8003

    Address

  • Full Address: 7301 W 109th Pl
  • Address - House Number: 7301
  • Street Direction: W
  • Address - Street Name: 109th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Worth
  • Carrier Code: C002
  • 4-Digit Zip Code: 1113
  • Zip Code: 60482

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $567,805
  • Tax Rate Code Area: 30012

    Appraisal Valuation

  • Standard Deviation: 0.248
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 278,358
  • High Value: 347,403
  • Low Value: 209,313

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $88,700
  • Market Improvement Value: $111,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $8,870
  • Assessed Improvements Value: $11,130

    Sales

  • Current Sale Contract Date: Feb 11, 2022
  • Current Sale Recording Date: Feb 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2205506054
  • Previous Sale Recording Date: Oct 20, 1993
  • Previous Sale Contract Date: Oct 19, 1993
  • Previous Sale Amount: $86,666
  • 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 Worth

Stats & Trends

Median Asking:

$310,000

Sale Price/ft²

$203

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1413 ft²

Average Home Age

61 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

Unit for rent at 10324 S 81st Avenue, Palos Hills, IL, 60465

$4,000 /mo

  • 3 Beds
  • 3 Baths
  • 1,160 ft²
10324 S 81st Avenue, Palos Hills, IL, 60465 Listing by Zilola Chulieva

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michele Beckers, RE/MAX 1st Service
Last Updated: 3 years ago
Data Source: MRED, MLS# 11286174
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 7301 West 109th Place built and last sold?
The property at 7301 West 109th Place was built in 1972 and last sold on Feb 11, 2022 for $205,000.
How much is this home worth?
The estimated value of the home located at 7301 West 109th Place is $207,092.
What are some comparable homes to 7301 West 109th Place?
There are currently no comparable homes to 7301 West 109th Place.
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