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Crest Hill 60403
1832 Root Street
$230,000
● House - Off Market

1832 Root Street

Crest Hill, IL 60403
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,552 Ft²
$1,276
Est. Monthly
12.28%
Cap Rate

About This Property

Check out this 3 bedrooms, 1 1/2 bath split level home in Crest Hill within Lockport High School District. A generous back yard is spacious, mature and private with no back yard neighbor, except for a school grounds, off in the distance. Newer furnace (2019), central AC (2018), water heater, and roof (2019). Extra deep 2 car attached garage.
Unit Size
1,552 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$148
Property Type
House
Property Taxes
$146
HOA Dues
-
Year Built
-

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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: 2 years ago (MRED MLS #12312493)

Price History

Date / Event Date Event Price
Mar 31, 2025 Sold
Premium
Sold
Mar 20, 2025 In contract -
In contract
Mar 15, 2025 Listed by Spring Realty $230,000
Listed by Spring Realty

Property Highlights

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: 8,106
  • 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: CRESTWOOD ESTATES
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 22 IN CRESTWOOD ESTATES SUB, BEING A SUB OF PRT OF THE W1/2 OF THE NE1/4 OF SEC 31, T36N-R10E.

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 880901

Geography

  • Parcel: 11-04-31-203-002
  • Lot: 22
  • Meridian: SEC 31 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5633
  • Longitude: -88.1277

    Address

  • Full Address: 1832 Root St
  • Address - House Number: 1832
  • Address - Street Name: Root
  • Address - Suffix Type: St
  • State: IL
  • City Name: Crest Hill
  • Carrier Code: C094
  • 4-Digit Zip Code: 1946
  • Zip Code: 60403

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $218,240
  • Tax Rate Code Area: 1105

    Appraisal Valuation

  • Standard Deviation: 0.1547
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 237,492
  • High Value: 274,247
  • Low Value: 200,737

    Market Valuation

  • Market Total Value: $174,810
  • Market Land Value: $54,306
  • Market Improvement Value: $120,504

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,270
  • Assessed Land Value: $18,102
  • Assessed Improvements Value: $40,168

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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:

$287,000

Sale Price/ft²

$194

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1486 ft²

Average Home Age

41 years

Currently For Sale

35 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 2338 Carnation Drive, Crest Hill, IL, 60403

$2,400 /mo

  • 2 Beds
  • 1 Bath
  • 924 ft²
2338 Carnation Drive #1, Crest Hill, IL, 60403 Listing by Jacqueline Dix
Unit for rent at 1467 Berta Drive, Crest Hill, IL, 60403

$2,375 /mo

  • 2 Beds
  • 1 Bath
  • 1,300 ft²
1467 Berta Drive, Crest Hill, IL, 60403 Listing by William Neuman

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mark Meers, Spring Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 12312493
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 1832 Root Street built and last sold?
The property at 1832 Root Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1832 Root Street is $236,567.
What are some comparable homes to 1832 Root Street?
There are currently no comparable homes to 1832 Root Street.
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