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Hazel Crest 60429
17059 Crane Avenue
$16,000
● House - Off Market

17059 Crane Avenue

Hazel Crest, IL 60429
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,298 Ft²
$599
Est. Monthly
241.16%
Cap Rate

About This Property

This is your next great deal. There is much potential here for a great fix and flip.  Conveniently located near shopping, restaurants and transportation, this home is ideal for a first-time buyer ready to transform it into a fabulous living space or an investor looking to add to their rental portfolio.
Unit Size
1,298 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$15
Property Type
House
Property Taxes
$501
HOA Dues
-
Year Built
1938

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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.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 63
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,960
  • Total Building Area: 1,298
  • Gross Building Area: 1,298
  • Building Area: 1,298
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,298
  • 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 S
  • Land Acres: 0000000114
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: SOUTH2 NW4 SEC30 TWP36N RNG14E 3P & E2 SE4 NE4 SEC25 ALSO E16 FT SEC25 NE4NE4 S25 T36N R13E 3P+

Neighborhood

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

Geography

  • District: 37
  • Parcel: 29-30-127-049-0000
  • Block: 9
  • Lot: 38-40
  • Meridian: SEC 30 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.5798
  • Longitude: -87.6712

    Address

  • Full Address: 17059 Crane Ave
  • Address - House Number: 17059
  • Address - Street Name: Crane
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Hazel Crest
  • Carrier Code: C001
  • 4-Digit Zip Code: 1235
  • Zip Code: 60429

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $509,808
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 37065

    Appraisal Valuation

  • Standard Deviation: 0.234
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 133,421
  • High Value: 164,644
  • Low Value: 102,198

    Market Valuation

  • Market Total Value: $83,000
  • Market Land Value: $17,360
  • Market Improvement Value: $65,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,300
  • Assessed Land Value: $1,736
  • Assessed Improvements Value: $6,564

    Sales

  • Current Sale Contract Date: May 15, 1999
  • Current Sale Recording Date: Aug 11, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 99763333
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:

$199,450

Sale Price/ft²

$142

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1378 ft²

Average Home Age

65.7 years

Currently For Sale

65 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

Rentals Near You

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MRED

Listed by: Mauricio Gonzalez, Citywide Realty LLC
Data Source: MRED, MLS# MRD12434983
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 17059 Crane Avenue built and last sold?
The property at 17059 Crane Avenue was built in 1938 and last sold on May 15, 1999 for $65,000.
How much is this home worth?
The estimated value of the home located at 17059 Crane Avenue is $0.
What are some comparable homes to 17059 Crane Avenue?
There are currently no comparable homes to 17059 Crane Avenue.
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