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Flossmoor 60422
848 GARDNER Road
$54,000
● House - Off Market

848 GARDNER Road

FLOSSMOOR, IL 60422
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,357 Ft²
$101,198
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

ATTRACTIVE, OVERSIZED CAPE COD HAS A GREAT YARD AND IT IS LOCATED ON A NICE BLOCK. THIS LARGE HOME FEATURES FOUR BEDROOMS, TWO BATHS, HARDWOOD FLOORS AND A FULL BASEMENT. THIS HOME IS PRICED TO SELL!! BUYER IS RESPONSIBLE FOR CITY TRANSFER REQUIREMENTS LOT/ROOM SIZES ESTIMATED.
Unit Size
1,357 Ft²
Days on Market
-
Land Size
-
Price per sqft
$42
Property Type
House
Property Taxes
$607
HOA Dues
-
Year Built
1930

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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.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 63
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 1,357
  • Gross Building Area: 1,357
  • Building Area: 1,357
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,357
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FLOSSMOOR PARK
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: (FLOSSMOOR)(PARK) SUB OF EX S 90FT WH OF SW & EX RR & EX N 330FT OF E 330FT SE OF SW SEC 06-35-14

Neighborhood

  • School District Name: Homewood-Flossmoor Community High School District 233
  • Census Tract: 828801

Geography

  • District: 12
  • Parcel: 32-06-301-020-0000
  • Block: 4
  • Lot: 20
  • Meridian: SEC 06 TWN 35N RNG 14E
  • Municipality: BLOOM
  • Latitude: 41.5465
  • Longitude: -87.6742

    Address

  • Full Address: 848 Gardner Rd
  • Address - House Number: 848
  • Address - Street Name: Gardner
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Flossmoor
  • Carrier Code: C001
  • 4-Digit Zip Code: 1358
  • Zip Code: 60422

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $760,362
  • Tax Rate Code Area: 12020

    Appraisal Valuation

  • Standard Deviation: 0.2353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 298,832
  • High Value: 369,164
  • Low Value: 228,501

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $45,000
  • Market Improvement Value: $175,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,000
  • Assessed Land Value: $4,500
  • Assessed Improvements Value: $17,500

    Sales

  • Current Sale Contract Date: Feb 29, 2016
  • Current Sale Recording Date: Mar 10, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1607046235
  • Previous Sale Recording Date: Jun 02, 2015
  • Previous Sale Contract Date: May 11, 2015
  • Previous Sale Amount: $54,000
  • Previous Sale Document Type: 68

    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 Flossmoor

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$151

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2006 ft²

Average Home Age

58.4 years

Currently For Sale

27 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: Gary Weglarz, Applebrook Realty, Inc.
Data Source: MRED, MLS# MRD08726777
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 848 Gardner Road built and last sold?
The property at 848 Gardner Road was built in 1930 and last sold on Feb 29, 2016 for $204,000.
How much is this home worth?
The estimated value of the home located at 848 Gardner Road is $0.
What are some comparable homes to 848 Gardner Road?
There are currently no comparable homes to 848 Gardner Road.
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