NOT LISTED FOR SALE

16329 Hermitage Ave Markham, IL 60428

Estimated Value: $165,000 - $173,507

3 Beds
1 Bath
1,044 Sq Ft
$164/Sq Ft Est. Value

Highlights

  • 2 Car Detached Garage
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Living Room
  • 1-Story Property

About This Home

As of March 2022

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.

Last Agent to Rent the Property

Sam Burks

NowEquity Real Estate License #475175738 Listed on: 12/28/2021

NowEquity Real Estate

Last Renter's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957 | Remodeled in 2021

Lot Details

  • 5,924

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,044 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $1,550
  • Property Available on 1/8/22
  • 24 Month Lease Term

Home Details

Home Type

Single Family

Year Built

Built in 1957 | Remodeled in 2021

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2022-01-08
  • Lease Term: 24 Months
  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Detached
  • Rental Price: 1550
  • Security Deposit: 1550
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Detached: 1 Story
  • Property Sub-Type: Detached
  • Year Built: 1957
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1044
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Shared,Side Drive
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Rent Includes: None

Lot Info

  • Lot Dimensions: 5940 SQ FT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2021
Sold by
Community Initiatives Inc
Bought by
Ca Homes Llc
Current Estimated Value
$171,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 17, 2021
Sold by
Fannie Mae
Bought by
Community Initiatives Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 6, 2020
Sold by
Cameron Catherine D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 26, 2006
Sold by
Batchelor Tilman
Bought by
Cameron Catherine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,200
Interest Rate
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ca Homes Llc $55,000 First American Title
Community Initiatives Inc $55,000 First American Title
Federal National Mortgage Association -- Attorney
Cameron Catherine D $78,500 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ca Homes Llc $100,000
Previous Owner Cameron Catherine D $78,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2025 02/26/25 Price Changed $175,000 0.0% $168 / Sq Ft
02/26/2025 02/26/25 For Sale $175,000 0.0% $168 / Sq Ft
03/05/2022 03/05/22 Rented -- -- --
01/03/2022 01/03/22 Under Contract -- -- --
12/28/2021 12/28/21 For Rent $1,550 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
2025 $4,518 $6,401 $1,931 $4,470
2024 $4,518 $6,401 $1,931 $4,470
2023 $4,202 $6,401 $1,931 $4,470
2022 $4,202 $4,432 $1,634 $2,798
2021 $4,221 $4,894 $1,633 $3,261
2020 $4,221 $4,894 $1,633 $3,261
2019 $4,221 $5,110 $1,485 $3,625
2018 $4,221 $5,110 $1,485 $3,625
2017 $0 $5,110 $1,485 $3,625
2016 $0 $5,873 $1,336 $4,537
2015 $0 $5,873 $1,336 $4,537
2014 $4,303 $5,873 $1,336 $4,537
2013 -- $6,184 $1,336 $4,848
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11294900

Midwest Real Estate Data (MRED)

APN: 29-19-405-042-0000