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Will 60448
9430 Elm Avenue
Photo of 9430 Elm Avenue

26

Map

Photo of 9430 Elm Avenue
Photo of 9430 Elm Avenue
$305,000
● House - In Contract

9430 Elm Avenue

Mokena, IL 60448
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,120 Ft²
$1,999
Est. Monthly

About This Property

Come check out this cute starter home in Mokena! 3 bedroom - 2 bath true ranch in the Arbury Hills subdivision ~ features include hardwood floors and a full primary bathroom ~ 1 car attached garage ~ fully fenced yard w/  2 sheds ~ Highly rated Mokena grade schools and sought after Lincoln Way High School district 210~ Whether you are just starting out or looking to downsize- this is the Home you've been looking for!
Unit Size
1,120 Ft²
Days on Market
-
Land Size
-
Price per sqft
$272
Property Type
House
Property Taxes
$501
HOA Dues
-
Year Built
1961

Listed By

Cheryl Colanto
[email protected]
Dunn & Niemann Real Estate
Judith Niemann
[email protected]
Dunn & Niemann Real Estate

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Cap Rate Calculator

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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
Parking Details
Has Garage
Parking Features: Asphalt, Garage Door Opener, Garage, Attached, Yes
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: High Ceilings, 1st Floor Bedroom, 1st Floor Full Bath
Appliances: Range, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Hardwood
Laundry Features: Main Level
Rooms: 6
Basement: Crawl Space
Exterior Details
Square Footage: 1120
Square Footage Source: $0
Architectural Style: Ranch
Year Built: 1961
Other Structures: Shed(s)
Construction Materials: Brick, Frame
Patio and Porch Features: Patio
Lot Size Dimensions: 71x110
Water Source: Public, Shared Well
Financial Details
Tax Annual Amount: $6,014
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,401
  • Total Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARBURY HILLS
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 72 IN ARBURY HILLS, A SUB PRT OF THE SW1/4 NW1/4 IN SEC. 10 T35N-R12E

Neighborhood

  • School District Name: Summit Hill School District 161
  • Census Tract: 883513

Geography

  • Parcel: 19-09-10-107-014
  • Lot: 72
  • Meridian: SEC 10 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.5368
  • Longitude: -87.847

    Address

  • Full Address: 9430 Elm Ave
  • Address - House Number: 9430
  • Address - Street Name: Elm
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Mokena
  • Carrier Code: R033
  • 4-Digit Zip Code: 9314
  • Zip Code: 60448

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $522,990
  • Tax Rate Code Area: 1940

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 251,081
  • High Value: 286,726
  • Low Value: 215,435

    Market Valuation

  • Market Total Value: $191,841
  • Market Land Value: $46,629
  • Market Improvement Value: $145,212

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,947
  • Assessed Land Value: $15,543
  • Assessed Improvements Value: $48,404

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 02, 2014
  • Current Sale Recording Date: Dec 18, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: R2014109298
  • Previous Sale Recording Date: Dec 23, 2013
  • Previous Sale Contract Date: Dec 09, 2013
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: FIX
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 Will

Stats & Trends

Median Asking:

$389,900

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2373 ft²

Average Home Age

33 years

Currently For Sale

1528 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 9241 Windsor Parkway, Tinley Park, IL, 60487

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
9241 Windsor Parkway, Tinley Park, IL, 60487 Listing by Haroon Masood
Unit for rent at 18768 S Burnside Station Drive, Mokena, IL, 60448

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,440 ft²
18768 S Burnside Station Drive, Mokena, IL, 60448 Listing by Mary Maloney

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Cheryl Colanto, Dunn & Niemann Real Estate
Data Source: MRED, MLS# MRD12767230
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 9430 Elm Avenue built and last sold?
The property at 9430 Elm Avenue was built in 1961 and last sold on Oct 2, 2014 for $98,000.
How much is this home worth?
The estimated value of the home located at 9430 Elm Avenue is $304,539.
What are some comparable homes to 9430 Elm Avenue?
There are currently no comparable homes to 9430 Elm Avenue.
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