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4942 W 118th St; Alsip, IL Property Details

4942 W 118th St, Alsip, IL is a Single Family that was built in 1978. This property is currently Financed and is not for sale. Our records show that 4942 W 118th St has 3 bedrooms, and 2 bathrooms, and a total of 1,352 square feet. The lot size of 4942 W 118th St is 6,600 square feet.

Off market
4942 W 118th St Alsip, IL 60803
$24,000 Estimated Value
3 Beds
2 Baths
1,352 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1978
  • Purchase Price: $130,000
  • Open Loans / Balance: 1 / $78,167
  • Est. Equity / %: $274,833 / 77.86%
  • Gross Yield: 10.096%
  • APN: 24-21-420-023-0000
  • Situs County: Cook
  • Length Of Ownership: 28 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Exterior Wall Type: Masonry
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,352/SqFt
  • Lot: 6,600/SqFt
  • Gross: 1,352/SqFt
  • Living: 1,352/SqFt
  • Building: 1,352/SqFt
  • Price Per Square Foot: $96.15

Legal Description

  • Description: (CICERO) AVE ACRES SUB OF SE SEC 21-37-13
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Community High School District 218
  • Lat / Lon: 41.67833 / -87.7434
  • Subdivision: Ave Acres Sub
  • Property Class: Residential
  • County Use Code: 2-34

Amenities

  • Plus Four: 3904
  • Cooling: Central
  • Fireplaces: 1
  • Garage: None
  • Heating: Yes

Ownership Info

4942 W 118th St has no associated ownership info
4942 W 118th St has no associated ownership info.

Taxes

4942 W 118th St has 10 associated Taxes items

4942 W 118th St, Alsip, IL pays taxes in Cook County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $24,000. The APN we've located for 4942 W 118th St is 24-21-420-023-0000.

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Taxes
  • Assessed Value:  $24,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  24-21-420-023-0000
  • Assessed Land Value:  3960
  • Market Land Value:  39600
  • Tax Amount:  6854
  • Tax Year:  2023
  • Market Value:  240000
  • Market Year:  2025

Tax History

4942 W 118th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $24,000 Land Value $3,960 Improvement Value $20,040 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $24,000 Land Value $3,960 Improvement Value $20,040 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $6,854 Change Rate +0.319051% Assessed CR Tax Rate
Year 2022 Assessed Value $16,359 Land Value $3,465 Improvement Value $12,894 Tax Amount $5,196.16 Change Rate +0.043957% Assessed CR Tax Rate +0.317633%
Year 2021 Assessed Value $16,358 Land Value $3,465 Improvement Value $12,893 Tax Amount $4,977.37 Change Rate -0.005638% Assessed CR Tax Rate +0.304277%
Year 2020 Assessed Value $16,358 Land Value $3,465 Improvement Value $12,893 Tax Amount $5,005.59 Change Rate -0.173841% Assessed CR Tax Rate +0.306003%
Year 2019 Assessed Value $18,896 Land Value $3,135 Improvement Value $15,761 Tax Amount $6,058.87 Change Rate +0.039209% Assessed CR Tax Rate +0.320643%
Year 2018 Assessed Value $18,896 Land Value $3,135 Improvement Value $15,761 Tax Amount $5,830.27 Change Rate -0.010984% Assessed CR Tax Rate +0.308545%
Year 2017 Assessed Value $18,896 Land Value $3,135 Improvement Value $15,761 Tax Amount $5,895.02 Change Rate +0.034835% Assessed CR Tax Rate +0.311972%
Year 2016 Assessed Value $17,191 Land Value $2,640 Improvement Value $14,551 Tax Amount $5,696.58 Change Rate +0.016718% Assessed CR Tax Rate +0.33137%
Year 2015 Assessed Value $17,191 Land Value $2,640 Improvement Value $14,551 Tax Amount $5,602.91 Change Rate +0.031976% Assessed CR Tax Rate +0.325921%
Year 2014 Assessed Value $17,191 Land Value $2,640 Improvement Value $14,551 Tax Amount $5,429.3 Change Rate -0.060483% Assessed CR Tax Rate +0.315822%
Year 2013 Assessed Value $19,460 Land Value $2,640 Improvement Value $16,820 Tax Amount $5,778.82 Change Rate Assessed CR Tax Rate +0.296959%