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Crest Hill 60403
1609 Dearborn Street
$170,000
● House - Off Market

1609 Dearborn Street

Crest Hill, IL 60403
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$187,971
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Beautiful Cape Cod with 3 Bedrooms, 2 Full Baths, Nice Open Full Basement, Hardwood floors, 1.5 Car garage.  Great room for a growing family!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
-
Price per sqft
$120
Property Type
House
Property Taxes
$189
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (MRED MLS #11704207)

Price History

Date / Event Date Event Price
Feb 23, 2023 Sold
Premium
Sold
Jan 19, 2023 Listed by Illinois Star, LTD $179,900
Listed by Illinois Star, LTD

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Total Rooms: 5
  • Bedroom Count: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,288
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 480
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STERN PARK ADDITION
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 499 IN STERN PARK ADDITION, BEING A SUB OF PRT OF THE E1/2 OF THE SW1/4 OF SEC. 33, T36N-R10E.

Neighborhood

  • School District Name: Chaney-Monge School District 88
  • Census Tract: 880905

Geography

  • Parcel: 11-04-33-330-015
  • Lot: 499
  • Meridian: SEC 33 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5532
  • Longitude: -88.0937

    Address

  • Full Address: 1609 Dearborn St
  • Address - House Number: 1609
  • Address - Street Name: Dearborn
  • Address - Suffix Type: St
  • State: IL
  • City Name: Crest Hill
  • Carrier Code: C048
  • 4-Digit Zip Code: 2641
  • Zip Code: 60403

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $306,150
  • Tax Rate Code Area: 1103

    Appraisal Valuation

  • Standard Deviation: 0.1674
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 186,361
  • High Value: 217,565
  • Low Value: 155,157

    Market Valuation

  • Market Total Value: $140,979
  • Market Land Value: $42,069
  • Market Improvement Value: $98,910

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,993
  • Assessed Land Value: $14,023
  • Assessed Improvements Value: $32,970

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 17, 2023
  • Current Sale Recording Date: Feb 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 4
  • Current Sale Input Document Number: 8877
  • Previous Sale Recording Date: Jun 17, 2004
  • Previous Sale Contract Date: May 28, 2004
  • Previous Sale Amount: $146,000
  • 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 Crest Hill

Stats & Trends

Median Asking:

$285,000

Sale Price/ft²

$193

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1535 ft²

Average Home Age

35.7 years

Currently For Sale

31 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 1311 Loral Avenue, Joliet, IL, 60435

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,005 ft²
1311 Loral Avenue, Joliet, IL, 60435 Listing by Jayson Iniguez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Romerico Deleon, Illinois Star, LTD
Last Updated: 3 years ago
Data Source: MRED, MLS# 11704207
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 1609 Dearborn Street built and last sold?
The property at 1609 Dearborn Street was built in and last sold on Feb 17, 2023 for $170,000.
How much is this home worth?
The estimated value of the home located at 1609 Dearborn Street is $0.
What are some comparable homes to 1609 Dearborn Street?
There are currently no comparable homes to 1609 Dearborn Street.
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