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Worth 60482
7319 W 111th Street
$140,000
● House - Off Market

7319 W 111th Street

WORTH, IL 60482
bedrooms
3 Beds
bathrooms
2 Baths
$230,687
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Wonderful Worth Location! Gigantic Rooms!  3 Bedroom, 2 Bath, Raised Ranch to Call Home! Glistening hardwood floors throughout! Possible related living in the lower level with Partially finished basement And Partial Kitchen in basement.  Family Room, too! Very Private Backyard with Lots of room for Gardening and BBQs! 2 Car Detached Garage and much more!   Walking distance to Restaurants AND shopping!  Close to major highways, shopping, schools, and restaurants. All MLS details are estimate and not guaranteed. Buyer and buyer agent responsible to verify any and all information MLS Information.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$147
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 #09407246)

Price History

Date / Event Date Event Price
Mar 22, 2017 Sold
Premium
Sold
Dec 20, 2016 Listed by RE/MAX Action $140,000
Listed by RE/MAX Action

Property Highlights

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,480
  • Total Building Area: 1,100
  • Gross Building Area: 1,100
  • Building Area: 1,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,100
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DUNAS HARLEM AVE ADD UNIT2
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: ARTHUR (DUNAS)(HARLEM) AVE ADD (UNIT2) SUB OF PART OF LYING N OF RW OF WABASH RAILWAY EH NE SEC 24-37-12

Neighborhood

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

Geography

  • District: 30
  • Parcel: 23-24-201-044-0000
  • Lot: 14,15
  • Meridian: SEC 24 TWN 37N RNG 12E
  • Municipality: PALOS
  • Latitude: 41.6896
  • Longitude: -87.8005

    Address

  • Full Address: 7319 W 111th St
  • Legal Unit: 2
  • Address - House Number: 7319
  • Street Direction: W
  • Address - Street Name: 111th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Worth
  • Carrier Code: C003
  • 4-Digit Zip Code: 1759
  • Zip Code: 60482

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $422,095
  • Tax Rate Code Area: 30012

    Appraisal Valuation

  • Standard Deviation: 0.265
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 254,019
  • High Value: 321,353
  • Low Value: 186,684

    Market Valuation

  • Market Total Value: $214,640
  • Market Land Value: $51,840
  • Market Improvement Value: $162,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,464
  • Assessed Land Value: $5,184
  • Assessed Improvements Value: $16,280

    Sales

  • Current Sale Contract Date: Mar 22, 2017
  • Current Sale Recording Date: Mar 27, 2017
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1708615009
  • Previous Sale Recording Date: Aug 31, 2016
  • Previous Sale Contract Date: Aug 08, 2016
  • Previous Sale Document Type: 64

    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:

$300,000

Sale Price/ft²

$203

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1393 ft²

Average Home Age

59.1 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 9523 Marion Avenue, Oak Lawn, IL, 60453

$2,400 /mo

  • 4 Beds
  • 1 Bath
  • 1,321 ft²
9523 Marion Avenue, Oak Lawn, IL, 60453 Listing by Thomas Rocha

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , RE/MAX Action
Last Updated: 3 years ago
Data Source: MRED, MLS# 09407246
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 7319 West 111th Street built and last sold?
The property at 7319 West 111th Street was built in 1956 and last sold on Mar 22, 2017 for $0.
How much is this home worth?
The estimated value of the home located at 7319 West 111th Street is $0.
What are some comparable homes to 7319 West 111th Street?
There are currently no comparable homes to 7319 West 111th Street.
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