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Hazel Crest 60429
16950 Crane Avenue
$80,000
● House - Off Market

16950 Crane Avenue

Hazel Crest, IL 60429
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,792 Ft²
$111,507
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

4 Bedroom 2 Bathroom home in Hazel Crest located on a nice and quiet block. Home features large bedrooms and large backyard for entertaining.   Property sold asis.
Unit Size
1,792 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$56
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1961

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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 #11154372)

Price History

Date / Event Date Event Price
Nov 3, 2021 Sold
Premium
Sold
Jul 13, 2021 Listed by Hometown Real Estate $100,000
Listed by Hometown Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,100
  • Total Building Area: 1,792
  • Gross Building Area: 1,792
  • Building Area: 1,792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,792
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORCHARD RIDGE ADD TO SOUTH HARVEY
  • Land Acres: 0000000071
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (ORCHARD) RIDGE ADD TO (SOUTH)(HARVEY) SUB OF PT SEC 30 ALSO EH OF SE OF NE ALSO E 16FT OF NE OF NE OF SEC 25-36-14 SH NW SEC

Neighborhood

  • School District Name: Hazel Crest School District 152-5
  • Census Tract: 827700

Geography

  • District: 37
  • Parcel: 29-30-118-030-0000
  • Block: 12
  • Lot: 17
  • Meridian: SEC 25 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.5817
  • Longitude: -87.6718

    Address

  • Full Address: 16950 Crane Ave
  • Address - House Number: 16950
  • Address - Street Name: Crane
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Hazel Crest
  • Carrier Code: C001
  • 4-Digit Zip Code: 1221
  • Zip Code: 60429

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $234,947
  • Tax Rate Code Area: 37065

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 96,122
  • High Value: 105,841
  • Low Value: 86,404

    Market Valuation

  • Market Total Value: $51,930
  • Market Land Value: $10,850
  • Market Improvement Value: $41,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,193
  • Assessed Land Value: $1,085
  • Assessed Improvements Value: $4,108

    Sales

  • Current Sale Contract Date: Nov 03, 2021
  • Current Sale Recording Date: Jan 10, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2201018361
  • Previous Sale Recording Date: May 04, 2016
  • Previous Sale Contract Date: Mar 09, 2016
  • Previous Sale Amount: $10,199
  • Previous Sale Document Type: 68

    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 Hazel Crest

Stats & Trends

Median Asking:

$197,500

Sale Price/ft²

$141

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1333 ft²

Average Home Age

66.9 years

Currently For Sale

61 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 16130 Justine Street, Markham, IL, 60428

$3,025 /mo

  • 4 Beds
  • 2 Baths
  • 1,400 ft²
16130 Justine Street, Markham, IL, 60428 Listing by Joanna Komenda

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Daryl Hopkins, Hometown Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11154372
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 16950 Crane Avenue built and last sold?
The property at 16950 Crane Avenue was built in 1961 and last sold on Nov 3, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 16950 Crane Avenue is $108,662.
What are some comparable homes to 16950 Crane Avenue?
There are currently no comparable homes to 16950 Crane Avenue.
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