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Crest Hill 60403
1708 Dearborn Street
$249,900
● House - Off Market

1708 Dearborn Street

Crest Hill, IL 60403
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,950 Ft²
$281,251
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Move right in to this BEAUTIFUL AND VERY SPACIOUS 4 bedroom family home located on a super nice street in Crest Hill. This home has great decor and is so well cared for. The HUGE MASTER BEDROOM will blow you away! The updated kitchen is eye catching and offers stainless steel appliances. There is a comfortable dining area with a pass through opening to the large and stylish living room. Additionally, there's a cozy family room, 2nd bathroom and expansive laundry room in the lower level, along with the 4th bedroom. The lower level has a lot of natural light from the many windows. The yard is very charming with great landscaping and offers a festive area for outdoor dining. You'll also love the oversized 2.5 car garage!
Unit Size
1,950 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$128
Property Type
House
Property Taxes
$451
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 #11209504)

Price History

Date / Event Date Event Price
Oct 7, 2021 Sold
Premium
Sold
Sep 3, 2021 Listed by Majestic Realty $249,900
Listed by Majestic Realty

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: 6,415
  • 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 ADDITION
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 452 IN STERN PARK ADDITION IN 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: 11-04-33-323-008
  • Lot: 452
  • Meridian: SEC 33 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5549
  • Longitude: -88.0932

    Address

  • Full Address: 1708 Dearborn St
  • Address - House Number: 1708
  • Address - Street Name: Dearborn
  • Address - Suffix Type: St
  • State: IL
  • City Name: Crest Hill
  • Carrier Code: C048
  • 4-Digit Zip Code: 2550
  • Zip Code: 60403

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $584,068
  • Tax Rate Code Area: 1103

    Appraisal Valuation

  • Standard Deviation: 0.1486
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 284,020
  • High Value: 326,244
  • Low Value: 241,795

    Market Valuation

  • Market Total Value: $224,001
  • Market Land Value: $42,069
  • Market Improvement Value: $181,932

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,667
  • Assessed Land Value: $14,023
  • Assessed Improvements Value: $60,644

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Oct 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021114852
  • Previous Sale Recording Date: Jan 20, 2005
  • Previous Sale Contract Date: Jan 07, 2005
  • Previous Sale Amount: $162,000
  • Previous Sale Document Type: 27

    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 Crest Hill

Stats & Trends

Median Asking:

$288,000

Sale Price/ft²

$194

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1471 ft²

Average Home Age

41.1 years

Currently For Sale

41 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

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MRED

Listed by: JoAnn Ketcik, Majestic Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11209504
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 1708 Dearborn Street built and last sold?
The property at 1708 Dearborn Street was built in and last sold on Sep 28, 2021 for $249,900.
How much is this home worth?
The estimated value of the home located at 1708 Dearborn Street is $0.
What are some comparable homes to 1708 Dearborn Street?
There are currently no comparable homes to 1708 Dearborn Street.
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