$407,500
●
House -
In Contract
8061 W Hill Road
Frankfort, IL 60423
4 Beds
1 Bath,
1
Half Bath
1,920 Ft²
$2,802
Est. Monthly
About This Property
Spacious 4-bedroom, 1.5-bath home situated on nearly 3/4 of an acre
in unincorporated Frankfort. Tucked away on a quiet, low-traffic
street, this property offers a private, country-like setting while
remaining close to shopping, dining, and everyday conveniences. The
main level features a spacious living room that flows into the
formal dining room, perfect for entertaining. The kitchen offers
ample shaker-style cabinetry, stainless steel appliances, and a
large eat-in area with access to the backyard deck. All four
bedrooms are located upstairs and provide generous closet space,
including a primary bedroom with two closets. The full unfinished
basement offers endless possibilities for additional living space,
storage, or a future recreation area. Don't miss this opportunity
to make this home your own!
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$212
Property Type
House
Property Taxes
$800
HOA Dues
-
Year Built
-
Listed By
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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.
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Asphalt, Garage Door Opener, Garage, Attached, Yes
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Built-in Features, Walk-In Closet(s), Open Floorplan, Pantry, Separate Dining Room
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Water Softener Owned
Laundry Features: Gas Dryer Hookup, Sink
Rooms: 8
Basement: Unfinished, Full
Exterior Details
Square Footage: 1920
Square Footage Source: $0
Architectural Style: Traditional
Year Built: 1973
Other Structures: Shed(s)
Window Features: Screens
Construction Materials: Brick
Patio and Porch Features: Deck
Lot Features: Wooded, Mature Trees
Lot Size Area: 27878.4
Lot Size Units: Square Feet
Lot Size Acres: 0.64
Lot Size Square Feet: 27878.4
Lot Size Dimensions: 101.2 x 306.2 x 103.5 x 306.2
Water Source: Well
Financial Details
Tax Annual Amount: $9,605
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: None
Comparables
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Status
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Type
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Baths
ft²
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HOA + Taxes
About Will
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Listed by: Scott Machart, Crosstown Realtors, Inc.
Data Source: MRED, MLS# MRD12758994
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.
Data Source: MRED, MLS# MRD12758994
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