1317 Franklin Ave Chicago Heights, IL 60411
Roosevelt-Cook County NeighborhoodEstimated payment $1,416/month
Highlights
- Formal Dining Room
- 2 Car Detached Garage
- Laundry Room
- Stainless Steel Appliances
- Living Room
- 1-Story Property
About This Home
Turnkey Investment Opportunity! Part of a single-family portfolio with an average 8 cap rate. This fully renovated, tenant-occupied property is a hassle-free addition to any investor's portfolio. Whether you're an experienced investor or a regular buyer looking for a move-in-ready home, this is a fantastic opportunity to own a well-maintained property with immediate rental income potential.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,457
Year Built
- Built in 1930 | Remodeled in 2023
Parking
- 2 Car Detached Garage
- On-Street Parking
- Parking Included in Price
Home Design
- Vinyl Siding
Interior Spaces
- 1,200 Sq Ft Home
- 1-Story Property
- Family Room
- Living Room
- Formal Dining Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,457 | $8,384 | $1,920 | $6,464 |
| 2023 | $2,142 | $8,384 | $1,920 | $6,464 |
| 2022 | $2,142 | $6,811 | $1,664 | $5,147 |
| 2021 | $2,112 | $6,810 | $1,664 | $5,146 |
| 2020 | $2,179 | $6,810 | $1,664 | $5,146 |
| 2019 | $2,639 | $8,012 | $1,536 | $6,476 |
| 2018 | $2,506 | $8,012 | $1,536 | $6,476 |
| 2017 | $2,427 | $8,012 | $1,536 | $6,476 |
| 2016 | $2,600 | $7,345 | $1,408 | $5,937 |
| 2015 | $2,503 | $7,345 | $1,408 | $5,937 |
| 2014 | $2,510 | $7,345 | $1,408 | $5,937 |
| 2013 | $2,959 | $8,478 | $1,408 | $7,070 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/25/2025 02/25/25 | For Sale | $196,000 | 0.0% | $163 / Sq Ft |
| 04/23/2024 04/23/24 | Rented | $1,800 | 0.0% | -- |
| 04/19/2024 04/19/24 | Under Contract | -- | -- | -- |
| 04/19/2024 04/19/24 | For Rent | $1,800 | 0.0% | -- |
| 10/19/2016 10/19/16 | Pending | -- | -- | -- |
| 09/30/2016 09/30/16 | Price Changed | $29,900 | -14.3% | $25 / Sq Ft |
| 08/04/2016 08/04/16 | For Sale | $34,900 | -- | $29 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $75,000 | First American Title | |
| Trustee Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | Network Title Llc | |
| Warranty Deed | $25,000 | Heritage Title Company | |
| Sheriffs Deed | -- | Attorney | |
| Warranty Deed | $76,000 | Professional National Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $162,750 | New Conventional | |
| Closed | $135,000 | Construction | |
| Previous Owner | $41,250 | New Conventional | |
| Previous Owner | $27,300 | Unknown | |
| Previous Owner | $8,000 | Stand Alone Second | |
| Previous Owner | $7,000 | Unknown | |
| Previous Owner | $79,500 | Unknown | |
| Previous Owner | $75,883 | FHA |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12298664
APN: 32-20-111-005-0000
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