16207 Wolcott Ave
Markham, IL 60428
- 3 Beds
- 1 Bath
- 912 sqft
3 Beds
1 Bath
912 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1960
Living Area
912 sqft
Price/Sqft
$120
Parking
Garage
About this House
A rented ranch SFH in Markham with a 21.45% cap rate as-is, available for immediate assignment.
16207 Wolcott Ave., Markham, IL 60426
Price: $49,000
Bedrooms: 3
Baths: 1
Building Size: 912 sq. ft.
Lot Size: .19 acre corner lot
Rent: $1,208 (Voucher tenant since 3/12/2014)
Security Deposit: $500
Taxes (2016): $3,397.49
Insurance: $589.36
NOI: $10,509.15
Estimated ARV: $70,000
Details: Section 8 tenant pays all utilities. Net operating income is based on self-management. ARV is based on updating cosmetic features of the property. A couple blocks away from multiple parks, the Barack Obama Learning Academy, shops, and more.
Photos: https://www.dropbox.com/sh/bu3emtpfkmuy7ln/AACA4ZBV3w9sWzB_T1552UzTa?dl=0
Lease:https://www.dropbox.com/s/nom08kqpmv7adhm/16207%20Wolcott%20Ave.%2C%20Markham%2C%20IL%2060428%20Lease.pdf?dl=0
MLS Sold Comparables:https://www.dropbox.com/s/4qa3cfmqg3s77i0/16207%20Wolcott%20Ave.%2C%20Markham%2C%20IL%2060426%20MLS%20Sold%20Comparables.pdf?dl=0
The deal goes to the first person to sign the assignment of contract and remit the assignment fee. We will conduct a single group showing unless the property is sold before then. Please respond if you would like to be informed of the showing time. If you are a wholesaler and are interested in marketing this property, you need to ask for our explicit approval before doing so. Let us know if you have any questions or interest as this one won't last long!
16207 Wolcott Ave., Markham, IL 60426
Price: $49,000
Bedrooms: 3
Baths: 1
Building Size: 912 sq. ft.
Lot Size: .19 acre corner lot
Rent: $1,208 (Voucher tenant since 3/12/2014)
Security Deposit: $500
Taxes (2016): $3,397.49
Insurance: $589.36
NOI: $10,509.15
Estimated ARV: $70,000
Details: Section 8 tenant pays all utilities. Net operating income is based on self-management. ARV is based on updating cosmetic features of the property. A couple blocks away from multiple parks, the Barack Obama Learning Academy, shops, and more.
Photos: https://www.dropbox.com/sh/bu3emtpfkmuy7ln/AACA4ZBV3w9sWzB_T1552UzTa?dl=0
Lease:https://www.dropbox.com/s/nom08kqpmv7adhm/16207%20Wolcott%20Ave.%2C%20Markham%2C%20IL%2060428%20Lease.pdf?dl=0
MLS Sold Comparables:https://www.dropbox.com/s/4qa3cfmqg3s77i0/16207%20Wolcott%20Ave.%2C%20Markham%2C%20IL%2060426%20MLS%20Sold%20Comparables.pdf?dl=0
The deal goes to the first person to sign the assignment of contract and remit the assignment fee. We will conduct a single group showing unless the property is sold before then. Please respond if you would like to be informed of the showing time. If you are a wholesaler and are interested in marketing this property, you need to ask for our explicit approval before doing so. Let us know if you have any questions or interest as this one won't last long!
16207 Wolcott Ave, Markham, IL 60428 is a 3 bedroom, 1 bathroom, 912 sqft single-family home built in 1960. It last sold for $26,500 on May 28, 2010. It is currently off market. The Trulia Estimate is $109,300, with a rent estimate of $2,312/month.
Home Details for 16207 Wolcott Ave
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Interior Details BasementNumber of Rooms: 7 |
Heating & Cooling Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
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Exterior Home Features Roof: Built UpExterior: WoodFoundation Type: Crawl Raised |
Parking & Garage GarageParking Spaces: 2Parking: Garage Detached |
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Year Built Year Built: 1960 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Units in Building: 1 |
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Lot Area: 8424 sqft |
Price History for 16207 Wolcott Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 03/24/2021 | ListingRemoved | N/A | |
| 05/10/2018 | $49,000 | ListingRemoved | N/A |
| 02/09/2018 | $49,000 | Listed For Sale | N/A |
| 05/28/2010 | $26,500 | Sold | MRED as distributed by MLS GRID #07520227 |
| 05/19/2005 | $90,500 | Sold | N/A |
Market trends in Markham
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
70
8MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $3,840 |
| Assessment | $58,000 |
Home facts updated by county records
Comparable Sales for 16207 Wolcott Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Single-Family Home | $78,000 | 08/25/25 | 3 | 1 | 1,050 | |
0.04 | Single-Family Home | $110,000 | 02/18/26 | 3 | 1 | 864 | |
0.09 | Single-Family Home | $117,000 | 10/30/25 | 3 | 1 | 1,053 | |
0.41 | Single-Family Home | $40,000 | 05/13/26 | 3 | 1 | 972 | |
0.35 | Single-Family Home | $64,000 | 10/15/25 | 3 | 1 | 1,044 | |
0.17 | Single-Family Home | $159,500 | 03/06/26 | 3 | 1 | 1,188 | |
0.14 | Single-Family Home | $126,000 | 10/10/25 | 3 | 1 | 1,053 | |
0.03 | Single-Family Home | $215,000 | 10/07/25 | 4 | 1 | 1,014 | |
0.19 | Single-Family Home | $149,000 | 12/09/25 | 3 | 1 | 1,053 | |
0.20 | Single-Family Home | $135,000 | 12/22/25 | 3 | 1 | 1,011 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 16207 Wolcott Ave.
What Locals Say about Markham
At least 191 Trulia users voted on each feature.
87 % Say yards are well-kept
84 % Say parking is easy
81 % Say car is needed
72 % Say there's holiday spirit
69 % Say kids play outside
67 % Say there are sidewalks
61 % Say it's dog friendly
57 % Say it's quiet
57 % Say there's wildlife
51 % Say it's walkable to restaurants
50 % Say it's walkable to grocery stores
45 % Say neighbors are friendly
38 % Say people would walk alone at night
35 % Say they plan to stay for at least 5 years
32 % Say there are community events
30 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
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