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Frankfort Square 60423
7355 W Quail Circle
$475,000
● House - Off Market

7355 W Quail Circle

Frankfort, IL 60423
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,800 Ft²
$3,411
Est. Monthly
4.85%
Cap Rate
Unit Size
2,800 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$171
Property Type
House
Property Taxes
$1,054
HOA Dues
-
Year Built
1993

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Cap Rate Calculator

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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
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 6
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 736
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,404
  • Total Building Area: 2,210
  • Building Area: 2,210
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heated Square Feet: 2,210
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FARM BROOK TERRACE UNIT #3
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 248 IN FARM BROOK TERRACE UNIT 3, BEING A SUB OF PRT OF THE SE1/4 OF SEC 13, T35N-R12E.

Neighborhood

  • School District Name: Summit Hill School District 161
  • Census Tract: 883511

Geography

  • Parcel: 19-09-13-427-001
  • Lot: 248
  • Meridian: SEC 13 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.5199
  • Longitude: -87.7948

    Address

  • Full Address: 7355 W Quail Cir
  • Legal Unit: 3
  • Address - House Number: 7355
  • Street Direction: W
  • Address - Street Name: Quail
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Frankfort
  • Carrier Code: R018
  • 4-Digit Zip Code: 8793
  • Zip Code: 60423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,155,922
  • Tax Rate Code Area: 1924

    Appraisal Valuation

  • Standard Deviation: 0.0898
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 92
  • Final Value: 406,010
  • High Value: 442,484
  • Low Value: 369,536

    Market Valuation

  • Market Total Value: $397,800
  • Market Land Value: $60,123
  • Market Improvement Value: $337,677

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $132,600
  • Assessed Land Value: $20,041
  • Assessed Improvements Value: $112,559

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 19, 2024
  • Current Sale Recording Date: Mar 25, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13819
  • Previous Sale Recording Date: Jun 25, 1999
  • Previous Sale Contract Date: Jun 10, 1999
  • Previous Sale Amount: $232,000
  • 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 Frankfort Square

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$210

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1735 ft²

Average Home Age

41.6 years

Currently For Sale

15 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 19665 S Arran Drive, Frankfort, IL, 60423

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,572 ft²
19665 S Arran Drive, Frankfort, IL, 60423 Listing by Melanie McClusky
Unit for rent at 8161 W Orchard Drive, Frankfort, IL, 60423

$3,150 /mo

  • 3 Beds
  • 1 Bath
  • 1,250 ft²
8161 W Orchard Drive, Frankfort, IL, 60423 Listing by Beata Krasowski

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Catherine Gonzalez, Village Realty, Inc.
Data Source: MRED, MLS# MRD12347728
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 7355 West Quail Circle built and last sold?
The property at 7355 West Quail Circle was built in 1993 and last sold on Mar 19, 2024 for $415,000.
How much is this home worth?
The estimated value of the home located at 7355 West Quail Circle is $0.
What are some comparable homes to 7355 West Quail Circle?
There are currently no comparable homes to 7355 West Quail Circle.
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