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Justice 60458
8915 W 85th Place
$279,000
● House - Off Market

8915 W 85th Place

Justice, IL 60458
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,250 Ft²
$1,805
Est. Monthly
9.75%
Cap Rate

About This Property

Nice Juliet Split level home. Kitchen has been expanded. "Estate Sale"  in good condition. Family is cleaning the house out of all personal items for photos.
Unit Size
1,250 Ft²
Days on Market
-
Land Size
-
Price per sqft
$223
Property Type
House
Property Taxes
$434
HOA Dues
-
Year Built
1966

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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.

Last updated: 3 years ago (MRED MLS #12037947)

Price History

Date / Event Date Event Price
May 31, 2024 Sold
Premium
Sold
Apr 24, 2024 Listed by RE/MAX 10 in the Park $279,000
Listed by RE/MAX 10 in the Park

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • 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: 10,164
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 770
  • Total Building Area: 1,061
  • Gross Building Area: 1,061
  • Building Area: 1,061
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,061
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DELUGACHS STEVEN
  • Land Acres: 0000000233
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: FRANK (DELUGACHS) (STEVEN) HIGHLANDS A SUB IN NH SE S E SEC 34-38-12

Neighborhood

  • School District Name: Indian Springs School District 109
  • Census Tract: 820606

Geography

  • District: 21
  • Parcel: 18-34-407-005-0000
  • Lot: 44
  • Meridian: SEC 34 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.7352
  • Longitude: -87.8416

    Address

  • Full Address: 8915 W 85th Pl
  • Address - House Number: 8915
  • Street Direction: W
  • Address - Street Name: 85th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Justice
  • Carrier Code: C099
  • 4-Digit Zip Code: 1753
  • Zip Code: 60458

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $541,735
  • Tax Rate Code Area: 21127

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 303,521
  • High Value: 372,827
  • Low Value: 234,215

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $45,740
  • Market Improvement Value: $224,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $4,574
  • Assessed Improvements Value: $22,426
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 Justice

Stats & Trends

Median Asking:

$305,000

Sale Price/ft²

$197

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1381 ft²

Average Home Age

44.6 years

Currently For Sale

9 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

Rentals Near You

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MRED

Listed by: Terry Umecker, RE/MAX 10 in the Park
Last Updated: 3 years ago
Data Source: MRED, MLS# 12037947
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 8915 West 85th Place built and last sold?
The property at 8915 West 85th Place was built in 1966 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8915 West 85th Place is $0.
What are some comparable homes to 8915 West 85th Place?
There are currently no comparable homes to 8915 West 85th Place.
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