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Oak Lawn 60453 Oak Lawn
9540 McVicker Avenue
$135,000
● House - Off Market

9540 McVicker Avenue

Oak Lawn, IL 60453
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,011 Ft²
$134,532
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

CALLING ALL INVESTORS - AMAZING INVESTMENT OPPORTUNITY IN BEAUTIFUL OAK LAWN.  3 BEDROOM, 2 BATH CAPE COD READY TO BE FINISHED AND READY FOR YOUR IDEAS.  PROPERTY IS BEING SOLD IN "AS IS" CONDITION. ONLY CASH OFFERS WILL BE ACCEPTED. CLOSE TO PUBLIC TRANSPORTATION, HIGH SCHOOL, SHOPPING, RESTAURANTS & TRENDY BARS AND CAFES.
Unit Size
1,011 Ft²
Days on Market
-
Land Size
-
Price per sqft
$133
Property Type
House
Property Taxes
$345
HOA Dues
-
Year Built
1937

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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 #11802985)

Price History

Date / Event Date Event Price
Jul 17, 2023 Sold
Premium
Sold
Jun 6, 2023 Listed by HomeSmart Realty Group $134,900
Listed by HomeSmart Realty Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,750
  • Total Building Area: 1,011
  • Gross Building Area: 1,011
  • Building Area: 1,011
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,011
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VOSS SUB
  • Land Acres: 0000000086
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: PETER (VOSS) SUB OF EH OF WH OF EH EH NW SEC 08-37-13

Neighborhood

  • School District Name: Oak Lawn Community High School District 229
  • Census Tract: 822302

Geography

  • District: 39
  • Parcel: 24-08-106-042-0000
  • Lot: 13
  • Meridian: SEC 08 TWN 37N RNG 13E
  • Municipality: WORTH
  • Latitude: 41.7185
  • Longitude: -87.7716

    Address

  • Full Address: 9540 Mcvicker Ave
  • Address - House Number: 9540
  • Address - Street Name: Mcvicker
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oak Lawn
  • Carrier Code: C003
  • 4-Digit Zip Code: 2742
  • Zip Code: 60453

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $426,978
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 39023

    Appraisal Valuation

  • Standard Deviation: 0.2561
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 199,886
  • High Value: 251,094
  • Low Value: 148,679

    Market Valuation

  • Market Total Value: $142,780
  • Market Land Value: $26,250
  • Market Improvement Value: $116,530

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,278
  • Assessed Land Value: $2,625
  • Assessed Improvements Value: $11,653

    Sales

  • Current Sale Contract Date: Jul 17, 2023
  • Current Sale Recording Date: Jul 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 25048
  • Previous Sale Recording Date: Jul 25, 2023
  • Previous Sale Contract Date: Sep 27, 2022
  • Previous Sale Amount: $79,000
  • Previous Sale Document Type: 69
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 Oak Lawn

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$200

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1569 ft²

Average Home Age

56.8 years

Currently For Sale

157 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 9523 Marion Avenue, Oak Lawn, IL, 60453

$2,400 /mo

  • 4 Beds
  • 1 Bath
  • 1,321 ft²
9523 Marion Avenue, Oak Lawn, IL, 60453 Listing by Thomas Rocha
Unit for rent at 9510 Campbell Avenue, Oak Lawn, IL, 60453

$2,300 /mo

  • 2 Beds
  • 1 Bath
9510 Campbell Avenue, Oak Lawn, IL, 60453 Listing by Annie Dompierre

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Rachel Frenzel, HomeSmart Realty Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11802985
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 9540 Mcvicker Avenue built and last sold?
The property at 9540 Mcvicker Avenue was built in 1937 and last sold on Jul 17, 2023 for $135,000.
How much is this home worth?
The estimated value of the home located at 9540 Mcvicker Avenue is $0.
What are some comparable homes to 9540 Mcvicker Avenue?
There are currently no comparable homes to 9540 Mcvicker Avenue.
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