2 years on rocket

1946 Olde Farm Rd, Lynwood, IL, 60411

$850,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
1,972 SqFt
$431/SqFt
House

Location

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1946 Olde Farm Rd, Chicago Heights$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Additional Parking, Storage
Garage3 spaces
Year Built1905
HeatingNatural Gas
CoolingCentral Air
BasementYes
MLS #11653296
Lot Size28.87 Acres
StatusActive

About 1946 Olde Farm Rd

Two Story Related Living Farmhouse with 5 income producing outbuildings on 28 Acres of Farmland, located on the IL/IN border. This home is a big money maker with over $76,000 in projected income. This 2000 square foot home is 4 Bedrooms, 3 Bathrooms with a full basement that is partially finished. The home has been separated with a separate entrance with separate kitchen on the 2nd floor. There are 5 Out Buildings that are divided into separate . Upstairs has a second kitchen, 2 bedroom and a warehouse units and rented to local businesses. First floor has 2 Bedrooms, Living Room, Large Kitchen and Bath. 2nd floor is 2 bedrooms with a large kitchen, family room and bathroom. Lower Level has a bathroom and and recreation roome. Great Income property. The property is located in Lynwood IL and accessed through Dyer, Indiana. Ask your agent for the detailed brochure.

Property Details

Property Features

Property Information:

  • Architectural Style: Farmhouse
  • Year Built: 1905
  • Living Area: 1,972 SqFt

Listing Office:

  • Office Name: Realty Executives Premier Illinois
  • Office Phone: (219) 462-2224
  • Listing Agent: Rachel Port

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: First Floor Laundry

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Driveway, Additional Parking, Storage

Lot Features

Lot Information:

  • Lot: Level, Outdoor Lighting, Views
  • Lot Size: 28.87 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Easy access from Illinois, take Route 30 East into Dyer, IN. to Sheffield North to Old Farm, West to end of the road. You'll see a gravel road before entering the home. No sign will be posted. Do not disturb tenants.

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $431/SqFt

Tax Information:

  • Annual Amount: $6,806
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago Heights, IL.

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Chicago Heights, IL

City

Med. Sold Price

$184.9K

Med. Price/SqFt

$134

Avg. Days On Market

40

# of Sold Homes

14

1946 Olde Farm Rd vs Chicago Heights

791 DAYS ON ROCKET

+751 Days

$850,000

+$665K More

$431/SqFt

+$296 More

KEY TAKEAWAY

This property is $665K more than the Median Sold Price and $296/SqFt more than other homes in Chicago Heights, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11653296

Listing Office:

  • Office Name: Realty Executives Premier Illinois
  • Office Phone: (219) 462-2224
  • Listing Agent: Rachel Port

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:46:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 09, 2012Home Sold
$330,000

Tax History

YEARPROP. TAXASSESSMENT
2019$6,806$23,903
2018$6,430$23,903
2017$6,888$23,903

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4284057
6
/10

  • Beecher Elementary School

  • PO Box 308

  • 0.76 miles

  • Public District Grades PK-5

school-card-donut-4284058
4
/10

  • Balmoral Elementary School

  • 1124 W New Monee Rd

  • 5.76 miles

  • Public District Grades KG-5

school-card-donut-4284059
5
/10

  • Coretta Scott King Magnet School

  • 1009 Blackhawk Dr

  • 7.01 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $108,777. Residents of Chicago Heights, IL typically earn between $100k-200k each year. The majority of families are married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1946 Olde Farm Rd

What is the listing price of this property?

The listing price of 1946 Olde Farm Rd property is $850,000.

What type of property is this?

The property 1946 Olde Farm Rd is a house located in Lynwood, Illinois, 60411.

Is this property for sale now?

Active Listing: 1946 Olde Farm Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $6,806 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 9, 2012 for $330,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1946 Olde Farm Rd has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1946 Olde Farm Rd is 1,972 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1946 Olde Farm Rd is 1905.

Rocket Homes›Illinois›Will County›Chicago Heights›60411›1946 Olde Farm Rd

This home is located at 1946 Olde Farm Rd in Lynwood, IL and zip code 60411. This 1,972 square foot home, which was built in 1905, sits on a 28.87 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 18, 2022 and is currently priced at $850,000.

While more than 6 listings in Chicago Heights, IL in November 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 5 were sold below. Between October 2024 and November 2024, Chicago Heights, IL real estate market has seen increase in the number of listings by 16.9%. In November 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $184,966.

From Rocket Homes Real Estate and based on county public records data.

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