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Thornton 60476
908 Park Avenue
$180,000
● House - Off Market

908 Park Avenue

Thornton, IL 60476
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,104 Ft²
$889
Est. Monthly
13.04%
Cap Rate

About This Property

Fantastic Updated 3 Bed 2 Bath Brick Ranch with a proper Master Bath in Awesome Condition only one block from the Police Department!   Special Features Include:  Side Drive, Updated Siding (House and Garage) ~ Windows ~ Doors ~ Kitchen ~ Baths ~ Fixtures, Beautifully Tuckpointed, Fully-Applianced, Ceramic Tile Floors in Eat-In Kitchen featuring High-Quality Frigidaire Range ~ Refrigerator ~ Dishwasher, Ceiling Fans Throughout, Luxurious Crown Moulding, Soffits ~ Fascia ~ Gutters in great shape, and a Well-Manicured and Landscaped lot!!!  Contact your agent NOW to schedule a private tour!!!
Unit Size
1,104 Ft²
Days on Market
-
Land Size
-
Price per sqft
$154
Property Type
House
Property Taxes
$54
HOA Dues
-
Year Built
1960

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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 #12064121)

Price History

Date / Event Date Event Price
Jul 10, 2024 Sold
Premium
Sold
May 23, 2024 Listed by eXp Realty, LLC $169,900
Listed by eXp Realty, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 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: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 6,384
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 480
  • Total Building Area: 1,104
  • Gross Building Area: 1,104
  • Building Area: 1,104
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,104
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ADD SUB
  • Land Acres: 0000000147
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (HARRIS) RESUB OF PT OF CHICAGO RD ADD SUB OF PT OF S 2/3 OF N 3/4 OF NE OF SW E OF RR & W 66 FT OF NH OF NH OF NE OF SW & W

Neighborhood

  • School District Name: Thornton Township High School District 205
  • Census Tract: 828300

Geography

  • District: 37
  • Parcel: 29-27-303-036-0000
  • Lot: 52,53
  • Meridian: SEC 27 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.5778
  • Longitude: -87.61

    Address

  • Full Address: 908 Park Ave
  • Address - House Number: 908
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Thornton
  • Carrier Code: C002
  • 4-Digit Zip Code: 1038
  • Zip Code: 60476

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $56,131
  • Tax Rate Code Area: 37067

    Appraisal Valuation

  • Standard Deviation: 0.265
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 173,726
  • High Value: 219,776
  • Low Value: 127,675

    Market Valuation

  • Market Total Value: $130,000
  • Market Land Value: $25,540
  • Market Improvement Value: $104,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,000
  • Assessed Land Value: $2,554
  • Assessed Improvements Value: $10,446

    Sales

  • Current Sale Contract Date: Apr 15, 2016
  • Current Sale Recording Date: Apr 28, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1611941037
  • Previous Sale Recording Date: Sep 22, 2010
  • Previous Sale Contract Date: Sep 08, 2010
  • Previous Sale Amount: $108,000
  • 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 Thornton

Stats & Trends

Median Asking:

$212,450

Sale Price/ft²

$157

Below Asking

0.03%

Average Days on Market

63

Average Home Size

1663 ft²

Average Home Age

79.9 years

Currently For Sale

8 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 553 N Carroll Parkway, Glenwood, IL, 60425

$1,950 /mo

  • 2 Beds
  • 1 Bath
  • 1,082 ft²
553 N Carroll Parkway #2C, Glenwood, IL, 60425 Listing by Janine Houser

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Tony Mitidiero, eXp Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 12064121
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 908 Park Avenue built and last sold?
The property at 908 Park Avenue was built in 1960 and last sold on Apr 15, 2016 for $110,000.
How much is this home worth?
The estimated value of the home located at 908 Park Avenue is $170,691.
What are some comparable homes to 908 Park Avenue?
There are currently no comparable homes to 908 Park Avenue.
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