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Matteson 60443
859 Campus Avenue
$139,900
● House - Off Market

859 Campus Avenue

MATTESON, IL 60443
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,960 Ft²
$234,130
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Don't wait on this one! This three bed/2.1 bath home has almost been completely updated top to bottom. All new flooring, fixtures, & counter tops. Freshly painted in warm neutral colors and crisp white trim, cabinets, and doors. The first floor has a nice, bright eat in kitchen, spacious family room with a new, huge patio door leading to the fenced backyard.  There is also an inviting front living room with a big bay window. Upstairs is the master suite with two walk-in closets, and 2 additional bedrooms. The basement is finished with a gigantic rec room that is just ready for fun.  Attached 2 car garage with plenty of room for storage. Conveniently located just north of Lincoln Highway/Rt 30 with shopping, activities, and dining all around.  Bank owned property being sold as is.
Unit Size
1,960 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$74
Property Type
House
Property Taxes
$508
HOA Dues
-
Year Built
1978

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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.

Last updated: 3 years ago (MRED MLS #09521051)

Price History

Date / Event Date Event Price
May 30, 2017 Sold
Premium
Sold
Mar 4, 2017 Listed by Coldwell Banker Real Estate Group $144,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,946
  • Total Building Area: 1,960
  • Gross Building Area: 1,960
  • Building Area: 1,960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,960
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MATTESON HIGHLANDS UNIT 03
  • Land Acres: 0000000182
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-07
  • Legal Description 1: L504 MATTESON HIGHLANDS UNIT 3 SUBD E1/2 NW1/4 E1/2 W1/2 NW1/4 S22 T35 N R13E

Neighborhood

  • School District Name: Matteson Elementary School District 162
  • Census Tract: 830004

Geography

  • District: 32
  • Parcel: 31-22-110-037-0000
  • Lot: 504
  • Meridian: SEC 22 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.51
  • Longitude: -87.727

    Address

  • Full Address: 859 Campus Ave
  • Address - House Number: 859
  • Address - Street Name: Campus
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Matteson
  • Carrier Code: C010
  • 4-Digit Zip Code: 1838
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $536,268
  • Tax Rate Code Area: 32015

    Appraisal Valuation

  • Standard Deviation: 0.2515
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 271,874
  • High Value: 340,255
  • Low Value: 203,493

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $31,780
  • Market Improvement Value: $218,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $3,178
  • Assessed Improvements Value: $21,822

    Sales

  • Current Sale Contract Date: May 30, 2017
  • Current Sale Recording Date: Jun 08, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1715901051
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 Matteson

Stats & Trends

Median Asking:

$267,000

Sale Price/ft²

$152

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1626 ft²

Average Home Age

44.3 years

Currently For Sale

35 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 21510 Maple Street, Matteson, IL, 60443

$2,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,025 ft²
21510 Maple Street, Matteson, IL, 60443 Listing by Kimberly Mc Aloon
Unit for rent at 5044 Brighton Lane, Richton Park, IL, 60471

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,500 ft²
5044 Brighton Lane, Richton Park, IL, 60471 Listing by Dominique Lowery

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mark Reum, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 09521051
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 859 Campus Avenue built and last sold?
The property at 859 Campus Avenue was built in 1978 and last sold on May 30, 2017 for $210,000.
How much is this home worth?
The estimated value of the home located at 859 Campus Avenue is $154,512.
What are some comparable homes to 859 Campus Avenue?
There are currently no comparable homes to 859 Campus Avenue.
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