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Worth 60482
7322 W 113th Place
$261,000
● House - Off Market

7322 W 113th Place

Worth, IL 60482
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$254,204
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Beautiful and move-in ready 4 bedroom home! Updated paint, flooring, and windows. New roof within last 5 years. New backyard deck. Plenty of hosting space inside and outside! Won't last long!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$212
Property Type
House
Property Taxes
$482
HOA Dues
-
Year Built
1954

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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 #11792444)

Price History

Date / Event Date Event Price
Jul 28, 2023 Sold
Premium
Sold
May 25, 2023 Listed by Compass $254,900
Listed by Compass

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • 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: 24
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,256
  • Gross Building Area: 1,256
  • Building Area: 1,256
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,256
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DUNAS HARLEM
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: ARTHUR (DUNAS)(HARLEM) AVE ADD SUB IN NE SEC 24-37-12

Neighborhood

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

Geography

  • District: 30
  • Parcel: 23-24-210-019-0000
  • Lot: 171
  • Meridian: SEC 24 TWN 37N RNG 12E
  • Municipality: PALOS
  • Latitude: 41.6855
  • Longitude: -87.8008

    Address

  • Full Address: 7322 W 113th Pl
  • Address - House Number: 7322
  • Street Direction: W
  • Address - Street Name: 113th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Worth
  • Carrier Code: C003
  • 4-Digit Zip Code: 1717
  • Zip Code: 60482

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $596,704
  • Tax Rate Code Area: 30012

    Appraisal Valuation

  • Standard Deviation: 0.2262
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 267,582
  • High Value: 328,131
  • Low Value: 207,033

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $50,000
  • Market Improvement Value: $150,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $15,000

    Sales

  • Current Sale Contract Date: Jul 21, 2023
  • Current Sale Recording Date: Aug 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10105
  • Previous Sale Recording Date: Apr 14, 2011
  • Previous Sale Contract Date: Mar 16, 2011
  • Previous Sale Amount: $105,000
  • 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 Worth

Stats & Trends

Median Asking:

$310,000

Sale Price/ft²

$199

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1381 ft²

Average Home Age

60 years

Currently For Sale

19 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 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

Click here to view more rentals in the neighborhood.
MRED

Listed by: Donnie Perez, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11792444
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 7322 West 113th Place built and last sold?
The property at 7322 West 113th Place was built in 1954 and last sold on Jul 21, 2023 for $261,000.
How much is this home worth?
The estimated value of the home located at 7322 West 113th Place is $0.
What are some comparable homes to 7322 West 113th Place?
There are currently no comparable homes to 7322 West 113th Place.
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