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Steger 60475
150 Lake Hill Drive
$365,000
● House - Off Market

150 Lake Hill Drive

Steger, IL 60475
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,836 Ft²
$2,355
Est. Monthly
5.35%
Cap Rate

About This Property

Fabulous Ranch Style Home on an oversized lot of over 1 acre lightly wooded double lot.  This Wonderful Home has been recently updated. It Features a beautiful kitchen with New White Shaker Cabinets, Granite Counters, New Stainless Steel Appliances, New Flooring, Freshly Painted, 2.5 Beautifully Updated Baths, 3 Bedrooms, Living Room with Vaulted Ceiling and Fireplace, Hardwood Flooring.  French Doors leading to an Awesome New Deck overlooking this Spectacular Backyard.  New Roof, New Furnace & Air Conditioning, New Water Heater.  Full Unfinished Basement. 2 Car Attached Garage.  Don't Miss Out on This Wonderful Home.  This is a Fannie Mae HomePath Property!
Unit Size
1,836 Ft²
Days on Market
-
Land Size
1.14 acres
Price per sqft
$185
Property Type
House
Property Taxes
$685
HOA Dues
-
Year Built
1996

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Cap Rate Calculator

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,836
  • Garage Type: 1
  • Garage Square Area: 412
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,749
  • Lot Size Depth Feet: 2,480
  • Lot Size Frontage Feet: 1,160
  • Total Building Area: 4,084
  • Building Area: 1,836
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,836
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PHILLIPPES LAKE HILLS
  • Land Acres: 0000000660
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 27 IN PHILLIPPES LAKE HILLS PHASE I, BEING A RESUB OF KEENYS FOREST ADDN, BEING A SUB OF PRT OF THE E1/2 OF THE SW1/4 OF

Neighborhood

  • School District Name: Steger School District 194
  • Census Tract: 883700

Geography

  • Subdivision Phase Number: I
  • Parcel: 23-15-04-302-006
  • Lot: 27
  • Meridian: SEC 04 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.4631
  • Longitude: -87.6253

    Address

  • Full Address: 150 Lake Hill Dr
  • Address - House Number: 150
  • Address - Street Name: Lake Hill
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Steger
  • Carrier Code: C004
  • 4-Digit Zip Code: 1584
  • Zip Code: 60475

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $733,228
  • Tax Rate Code Area: 2327

    Appraisal Valuation

  • Standard Deviation: 0.1151
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 87
  • Final Value: 241,664
  • High Value: 269,485
  • Low Value: 213,844

    Market Valuation

  • Market Total Value: $193,287
  • Market Land Value: $35,811
  • Market Improvement Value: $157,476

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,429
  • Assessed Land Value: $11,937
  • Assessed Improvements Value: $52,492

    Sales

  • Current Sale Contract Date: Dec 20, 2021
  • Current Sale Recording Date: Dec 29, 2021
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: R2021138483
  • Previous Sale Recording Date: May 17, 2007
  • Previous Sale Contract Date: May 03, 2007
  • Previous Sale Amount: $236,500
  • Previous Sale Document Type: 71
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 Steger

Stats & Trends

Median Asking:

$204,950

Sale Price/ft²

$148

Below Asking

0.03%

Average Days on Market

62

Average Home Size

1607 ft²

Average Home Age

78.8 years

Currently For Sale

32 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 3236 Hopkins Street, Steger, IL, 60475

$2,150 /mo

  • 3 Beds
  • 1 Bath
  • 1,449 ft²
3236 Hopkins Street, Steger, IL, 60475 Listing by AnnMarie Siriano

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Susan Miller, Ravinia Realty & Mgmt LLC
Data Source: MRED, MLS# MRD12286972
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 150 Lake Hill Drive built and last sold?
The property at 150 Lake Hill Drive was built in 1996 and last sold on Dec 20, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 150 Lake Hill Drive is $340,526.
What are some comparable homes to 150 Lake Hill Drive?
There are currently no comparable homes to 150 Lake Hill Drive.
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