$76,000
●
Condo -
Off Market
916 Olive Road #1D
Homewood, IL 60430
1 Bed
1 Bath
$671
Est. Monthly
$229
HOA / Fees
28.09%
Cap Rate
About This Property
CHARMING ONE BEDROOM UNIT CONVENIENTLY LOCATED ON 1ST FLOOR
WITH LOVELY BALCONY AND NEUTRAL DECOR. LOW! LOW! UTILITY BILLS!
PLENTY OF CLOSET SPACE. CONVENIENT TO SHOPPING, RESTAURANTS AND
TRANSPORTATION. EASY ACCESS TO I-80. SHOW AND SELL - Selling AS-IS.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$24
HOA Dues
$229
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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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: 2 years ago (MRED MLS #12150849)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Oct 17, 2024 | In contract | - | |
| In contract | |||
| Sep 30, 2024 | Listed by Dream Town Real Estate | $85,000 | |
| Listed by Dream Town Real Estate | |||
Property Highlights
Air Conditioning
Interior Details
Bedrooms: 1
Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Rooms: 3
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 41-50 Years
Rebuilt(Y/N): No
Parcel Number: 29324060441082
Property Type: Residential
Year Built: 1977
No Disability Access
Special Conditions: None
Lot Size Dimensions: CONDO
Water Source: Public
Financial Details
Tax Year: 2023
Tax Annual Amount: $291
Utilities Details
Cooling: Central Air
Heating: Natural Gas
Sewer : Public Sewer
Location Details
Township: Thornton
Corporate Limits: Homewood
Directions: 183RD TO MORGAN, N. TO OLIVE, E. TO COMPLEX
County or Parish: Cook
Elementary School District: 153
Middle Or Junior School District: 153
High School District: 233
Other Details
Association Fee Includes: Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $229
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/30/2024
|
1 Bed
|
1 Bath
|
-
|
$85,000
1 Bed
1 Bath
|
$76,000
-10.59%
11/12/2024
|
Marc Dumas
Dream Town Realty
| |
|
01/30/2023
|
1 Bed
|
1 Bath
|
700 ft²
|
$70,000
1 Bed
1 Bath
700 ft²
|
$74,500
+6.43%
03/17/2023
|
Lona Reiling
Exit Strategy Realty
| |
|
09/11/2018
|
2 Bed
|
2 Bath
|
900 ft²
|
-
2 Bed
2 Bath
900 ft²
|
-
-
|
-
| |
|
11/27/2012
|
2 Bed
|
1 Bath
|
775 ft²
|
$34,900
2 Bed
1 Bath
775 ft²
|
$35,000
+0.29%
03/14/2013
|
Gary Weglarz
Applebrook Realty, Inc.
| |
|
02/10/2008
|
2 Bed
|
1 Bath
|
-
|
$98,900
2 Bed
1 Bath
|
$97,500
-1.42%
04/25/2008
|
Mary Haller
Infiniti Properties, Inc.
|
Building Info
About Homewood
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Listed by: Marc Dumas, Dream Town Real Estate
Last Updated: 2 years ago
Data Source: MRED, MLS# 12150849
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.
Last Updated: 2 years ago
Data Source: MRED, MLS# 12150849
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