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Hickory Hills 60457
8809 Willow Road
$350,000
● House - Off Market

8809 Willow Road

Hickory Hills, IL 60457
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,559 Ft²
$2,197
Est. Monthly
6.99%
Cap Rate
Unit Size
1,559 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$208
Property Type
House
Property Taxes
$601
HOA Dues
-
Year Built
1965

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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
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,996
  • Total Building Area: 1,144
  • Gross Building Area: 1,144
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMBER RIDGE
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (TIMBER)(RIDGE) A SUB WH NE EX S 32 ACS THEREOF & WH EH NE NE SEC 03-37-12

Neighborhood

  • School District Name: Consolidated High School District 230
  • Census Tract: 823704

Geography

  • District: 30
  • Parcel: 23-03-204-013-0000
  • Lot: 13
  • Meridian: SEC 03 TWN 37N RNG 12E
  • Municipality: PALOS
  • Latitude: 41.7305
  • Longitude: -87.8404

    Address

  • Full Address: 8809 Willow Rd
  • Address - House Number: 8809
  • Address - Street Name: Willow
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Hickory Hills
  • Carrier Code: C077
  • 4-Digit Zip Code: 1249
  • Zip Code: 60457

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $627,824
  • Tax Rate Code Area: 30017

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 304,193
  • High Value: 373,653
  • Low Value: 234,734

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $45,470
  • Market Improvement Value: $224,530

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $4,547
  • Assessed Improvements Value: $22,453

    Sales

  • Current Sale Contract Date: Nov 01, 1996
  • Current Sale Recording Date: Nov 05, 1996
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 96845409
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 Hickory Hills

Stats & Trends

Median Asking:

$374,900

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1808 ft²

Average Home Age

39.3 years

Currently For Sale

46 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: Christina Barbaro, Keller Williams Preferred Rlty
Data Source: MRED, MLS# MRD12327443
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 8809 Willow Road built and last sold?
The property at 8809 Willow Road was built in 1965 and last sold on Nov 1, 1996 for $145,000.
How much is this home worth?
The estimated value of the home located at 8809 Willow Road is $0.
What are some comparable homes to 8809 Willow Road?
There are currently no comparable homes to 8809 Willow Road.
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