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Crete 60417
1622 AUSTIN Avenue
Photo of 1622 AUSTIN Avenue

19

Map

Photo of 1622 AUSTIN Avenue
Photo of 1622 AUSTIN Avenue
$212,000
● House - For Sale

1622 AUSTIN Avenue

Crete, IL 60417
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,137 Ft²
$1,363
Est. Monthly

About This Property

HERE'S ANOTHER ONE OF CRETE'S FINEST 3BD~1.5BATH RANCH STYLE HOMES W/BSMT LOCATED IN THE HISTORIC DOWNTOWN CRETE! FEATURES INCLUDE~LIVING/DINING ROOM~KITCHEN W/APPLIANCES THAT STAY~PANTRY~MSTR W/HALF BATH & CLOSET ORGANIZERS~UDATES INCLUDE~UPDATED BATH~NEWER WINDOWS~WATER HEATER~FURNACE/C/A~WATER SOFTENER~ROOFS~GARAGE DOOR OPENER & FENCING~ETC~SO IF YOUR LOOKING FOR YOUR NEXT HOME YOU DON'T WANT TO MISS OUT ON THIS ONE!CALL FOR MORE DETAILS.
Unit Size
1,137 Ft²
Days on Market
-
Land Size
-
Price per sqft
$186
Property Type
House
Property Taxes
$322
HOA Dues
-
Year Built
1963

Listed By

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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
Parking Available
Air Conditioning
Parking Details
Has Garage
Parking Features: Garage Door Opener, Garage, Detached, Yes, Off Alley
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: 1st Floor Bedroom, 1st Floor Full Bath
Appliances: Range, Refrigerator, Freezer, Washer, Dryer
Flooring Type: Laminate
Rooms: 6
Basement: Unfinished, Partial
Exterior Details
Square Footage: 1137
Square Footage Source: $0
Architectural Style: Ranch
Year Built: 1963
Construction Materials: Vinyl Siding
Patio and Porch Features: Patio
Lot Size Dimensions: 50x125
Water Source: Public
Financial Details
Tax Annual Amount: $3,861
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • 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 Count: 100
  • 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: 6,446
  • Total Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

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

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ENTERPRISE
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 51 52 BLOCK 3 IN ENTERPRISE SUB, BEING A SUB OF PRT OF THE W1/2 OF THE NW1/4 OF SEC. 16, T34N-R14E.

Neighborhood

  • School District Name: Crete-Monee Community Unit School District 201-U
  • Census Tract: 883811

Geography

  • Parcel: 23-15-16-123-056
  • Block: 3
  • Lot: 51
  • Meridian: SEC 16 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.4355
  • Longitude: -87.6275

    Address

  • Full Address: 1622 Austin Ave
  • Address - House Number: 1622
  • Address - Street Name: Austin
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Crete
  • Carrier Code: C004
  • 4-Digit Zip Code: 3204
  • Zip Code: 60417

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $333,666
  • Tax Rate Code Area: 2305

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 166,286
  • High Value: 195,673
  • Low Value: 136,899

    Market Valuation

  • Market Total Value: $103,509
  • Market Land Value: $15,279
  • Market Improvement Value: $88,230

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,503
  • Assessed Land Value: $5,093
  • Assessed Improvements Value: $29,410

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 11, 2001
  • Current Sale Recording Date: Jun 04, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2001067077
  • Previous Sale Recording Date: Sep 21, 1999
  • Previous Sale Contract Date: Aug 05, 1999
  • Previous Sale Amount: $69,000
  • 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 Crete

Stats & Trends

Median Asking:

$295,700

Sale Price/ft²

$139

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2520 ft²

Average Home Age

64.1 years

Currently For Sale

30 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 307 Durham Drive, Steger, IL, 60475

$3,350 /mo

  • 5 Beds
  • 3 Baths
  • 2,335 ft²
307 Durham Drive, Steger, IL, 60475 Listing by Vicki Melonas
Unit for rent at 23765 S Loomis Street, Crete, IL, 60417

$3,200 /mo

  • 4 Beds
  • 2 Baths
  • 2,516 ft²
23765 S Loomis Street, Crete, IL, 60417 Listing by Danielle Moy

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Tammy Schultz, McColly Real Estate
Data Source: MRED, MLS# MRD12792549
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 1622 Austin Avenue built and last sold?
The property at 1622 Austin Avenue was built in 1963 and last sold on May 11, 2001 for $100,000.
How much is this home worth?
The estimated value of the home located at 1622 Austin Avenue is $212,631.
What are some comparable homes to 1622 Austin Avenue?
There are currently no comparable homes to 1622 Austin Avenue.
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