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Crest Hill 60403
1615 Clement Street
$238,000
● House - Off Market

1615 Clement Street

Crest Hill, IL 60403
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,160 Ft²
$256,491
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Buyers will fall in love with this 3 Bedroom 2 Bath Ranch w/a partially finished basement, the Single driveway leads to a oversized 2 car detached garage w/carport, cement patio w/attached gas grill, NEW Roof in 2019 w/gutters & gutter guards, NEW HWH (2017) NEW Furn. & A/C (2018) NEW Washer (2019) NEW Dryer (2014) 6 panel Solid Wood Doors, Master Bedroom and Basement Family Room Furniture Can Stay With Sale of Home as well as Laundry Rm. freezer, stove, cabinets etc. Beautiful cove moldings, fans in every bedroom, loads of storage, (hardwood is under the living room & the 3 bedrooms) Picnic Table Outside is Negotiable & So Much More!
Unit Size
1,160 Ft²
Days on Market
-
Land Size
-
Price per sqft
$196
Property Type
House
Property Taxes
$297
HOA Dues
-
Year Built
-

Payment Calculator

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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: 3 years ago (MRED MLS #11211697)

Price History

Date / Event Date Event Price
Oct 18, 2021 Sold
Premium
Sold
Sep 7, 2021 Listed by RE/MAX 10 in the Park $227,900
Listed by RE/MAX 10 in the Park

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,334
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STERN PARK GARDENS
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 781 IN STERN PARK GARDENS, A SUB OF PRT OF THE SW1/4 OF SEC 33, T36N-R10E.

Neighborhood

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

Geography

  • Parcel: 11-04-33-327-013
  • Lot: 781
  • Meridian: SEC 33 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5535
  • Longitude: -88.0974

    Address

  • Full Address: 1615 Clement St
  • Address - House Number: 1615
  • Address - Street Name: Clement
  • Address - Suffix Type: St
  • State: IL
  • City Name: Crest Hill
  • Carrier Code: C048
  • 4-Digit Zip Code: 2409
  • Zip Code: 60403

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $386,214
  • Tax Rate Code Area: 1103

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 225,370
  • High Value: 259,941
  • Low Value: 190,799

    Market Valuation

  • Market Total Value: $154,218
  • Market Land Value: $42,069
  • Market Improvement Value: $112,149

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,406
  • Assessed Land Value: $14,023
  • Assessed Improvements Value: $37,383

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021118796
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

1544 ft²

Average Home Age

36.7 years

Currently For Sale

29 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: Sherry Vansyckle, RE/MAX 10 in the Park
Last Updated: 3 years ago
Data Source: MRED, MLS# 11211697
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 1615 Clement Street built and last sold?
The property at 1615 Clement Street was built in and last sold on Oct 29, 2021 for $238,000.
How much is this home worth?
The estimated value of the home located at 1615 Clement Street is $0.
What are some comparable homes to 1615 Clement Street?
There are currently no comparable homes to 1615 Clement Street.
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