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Peotone 60468
819 Garfield Avenue
$460,000
● House - Off Market

819 Garfield Avenue

Peotone, IL 60468
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,400 Ft²
$2,218
Est. Monthly
$8
HOA / Fees
6.11%
Cap Rate
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$188
Property Type
House
Property Taxes
-
HOA Dues
$8
Year Built
-

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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.

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTGATE MANOR UNIT TWO
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 61 IN WESTGATE MANOR UNIT TWO, BEING A SUB IN THE SE1/4 OF SEC 23, T33N-R12E.

Neighborhood

  • School District Name: Peotone Community Unit School District 207U
  • Census Tract: 883904

Geography

  • Parcel: 17-20-23-416-015
  • Lot: 61
  • Meridian: SEC 23 TWN 33N RNG 12E
  • Municipality: PEOTONE
  • Latitude: 41.3299
  • Longitude: -87.8073

    Address

  • Full Address: 819 Garfield Ave
  • Legal Unit: 2
  • Address - House Number: 819
  • Address - Street Name: Garfield
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Peotone
  • Carrier Code: R002
  • 4-Digit Zip Code: 8742
  • Zip Code: 60468

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $263,226
  • Tax Rate Code Area: 1705

    Appraisal Valuation

  • Standard Deviation: 0.0883
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 92
  • Final Value: 335,000
  • High Value: 364,603
  • Low Value: 305,397

    Market Valuation

  • Market Total Value: $317,214
  • Market Land Value: $52,641
  • Market Improvement Value: $264,573

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $105,738
  • Assessed Land Value: $17,547
  • Assessed Improvements Value: $88,191

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 13, 2022
  • Current Sale Recording Date: May 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 40073
  • Previous Sale Recording Date: Mar 11, 2019
  • Previous Sale Contract Date: Feb 27, 2019
  • Previous Sale Amount: $339,381
  • 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 Peotone

Stats & Trends

Median Asking:

$359,450

Sale Price/ft²

$179

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2854 ft²

Average Home Age

48.7 years

Currently For Sale

3 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

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MRED

Listed by: William Robinson, RE/MAX PREMIER
Data Source: MRED, MLS# MRD12340570
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 819 Garfield Avenue built and last sold?
The property at 819 Garfield Avenue was built in and last sold on May 13, 2022 for $256,600,000.
How much is this home worth?
The estimated value of the home located at 819 Garfield Avenue is $0.
What are some comparable homes to 819 Garfield Avenue?
There are currently no comparable homes to 819 Garfield Avenue.
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