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Crestwood 60445
13541 Short Drive
$275,000
● House - Off Market

13541 Short Drive

Crestwood, IL 60418
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,120 Ft²
$1,868
Est. Monthly
8.60%
Cap Rate

About This Property

THIS HOME HAS BEEN COMPLETELY TRANSFORMED IN 2024, SHOWCASING A FRESH, MODERN LOOK FROM TOP TO BOTTOM! AT ITS HEART LIES A REIMAGINED KITCHEN, FEATURING NEW CABINETRY, COUNTERTOPS, AND SINK, ALL SEAMLESSLY OPENING TO LIVING AREAS WITH REFINISHED HARDWOOD FLOORS AND CRISP TRIM THROUGHOUT A FRESHLY PAINTED INTERIOR. THREE SPACIOUS BEDROOMS, EACH WITH NEW CEILING FANS, AND AN UPDATED MAIN BATHROOM OFFER COMFORT AND STYLE. DOWNSTAIRS, THE FINISHED BASEMENT BOASTS NEW VINYL FLOORING AND REFRESHED PANELING, CREATING AN INVITING FAMILY ROOM. THE UPDATES EXTEND OUTSIDE WITH A NEW ROOF, SIDING, WINDOW WRAPS, GUTTERS, FRONT DOOR, AND REVITALIZED LANDSCAPING FOR WELCOMING CURB APPEAL. IDEALLY SITUATED WITH EASY ACCESS TO METRA AND I-57, THIS HOME BLENDS STYLE AND CONVENIENCE FOR MODERN LIVING.
Unit Size
1,120 Ft²
Days on Market
-
Land Size
-
Price per sqft
$250
Property Type
House
Property Taxes
$492
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MRED MLS #12207278)

Price History

Date / Event Date Event Price
Jan 7, 2025 Sold
Premium
Sold
Dec 19, 2024 In contract -
In contract
Nov 15, 2024 Price Decreased $280,000
↓ $19K (6.4%)
Price Decreased
Nov 7, 2024 Listed by Kale Realty $299,000
Listed by Kale Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,250
  • Total Building Area: 1,120
  • Gross Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRESTWOOD GARDENS
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34

Neighborhood

  • School District Name: Community High School District 218
  • Census Tract: 824503

Geography

  • District: 13
  • Parcel: 28-04-106-026-0000
  • Block: 4
  • Lot: 26
  • Meridian: SEC 04 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6454
  • Longitude: -87.7547

    Address

  • Full Address: 13541 Short Dr
  • Address - House Number: 13541
  • Address - Street Name: Short
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Crestwood
  • Carrier Code: C020
  • 4-Digit Zip Code: 1517
  • Zip Code: 60418

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $642,780
  • Tax Rate Code Area: 13035

    Appraisal Valuation

  • Standard Deviation: 0.2533
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 243,750
  • High Value: 305,511
  • Low Value: 181,989

    Market Valuation

  • Market Total Value: $230,010
  • Market Land Value: $34,380
  • Market Improvement Value: $195,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,001
  • Assessed Land Value: $3,438
  • Assessed Improvements Value: $19,563

    Sales

  • Current Sale Contract Date: Dec 15, 2020
  • Current Sale Recording Date: Feb 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2104120294

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Crestwood

Stats & Trends

Median Asking:

$199,900

Sale Price/ft²

$175

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1285 ft²

Average Home Age

38 years

Currently For Sale

27 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 5911 W 125th Place, Alsip, IL, 60803

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,258 ft²
5911 W 125th Place, Alsip, IL, 60803 Listing by Claudia Galaviz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Alec Mikes, Kale Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 12207278
All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 13541 Short Drive built and last sold?
The property at 13541 Short Drive was built in 1964 and last sold on Dec 15, 2020 for $135,000.
How much is this home worth?
The estimated value of the home located at 13541 Short Drive is $0.
What are some comparable homes to 13541 Short Drive?
There are currently no comparable homes to 13541 Short Drive.
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