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Steger 60475
186 Cedarwood Drive
$275,000
● House - Off Market

186 Cedarwood Drive

Steger, IL 60475
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,498 Ft²
$1,835
Est. Monthly

About This Property

Welcome to 186 Cedarwood, a charming 3-bedroom, 2-bath home in the heart of Steger! This property features an open-concept layout with comfortable living spaces, an open kitchen with island and plenty of counter space. Master bedroom features ample closet space and a full bathroom. New quartz countertops, new modern light fixtures, luxury vinyl plank flooring and so much more! The large backyard with oversized deck offers plenty of space for entertaining or simply relaxing outdoors. Located near parks, schools, and shopping with easy access to major roads. Don't miss this great opportunity - schedule your showing today!
Unit Size
1,498 Ft²
Days on Market
-
Land Size
-
Price per sqft
$180
Property Type
House
Property Taxes
$509
HOA Dues
-
Year Built
1996

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Total Rooms: 6
  • Bedroom Count: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 753
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,251
  • Building Area: 1,498
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,498
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PHILLIPPE'S VALLEYWOOD
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 32 IN PHILLIPPE'S VALLEYWOOD TRAILS RESUB, BEING A RESUB OF PRT OF VALLEYWOOD TRAILS A SUB OF PRT OF THE E1/2 OF THE SW1/

Neighborhood

  • School District Name: Steger School District 194
  • Census Tract: 883804

Geography

  • Parcel: 23-15-05-311-014
  • Lot: 32
  • Meridian: SEC 05 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.4593
  • Longitude: -87.6455

    Address

  • Full Address: 186 Cedarwood Dr
  • Address - House Number: 186
  • Address - Street Name: Cedarwood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Steger
  • Carrier Code: C001
  • 4-Digit Zip Code: 1573
  • Zip Code: 60475

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $552,962
  • Tax Rate Code Area: 2327

    Appraisal Valuation

  • Standard Deviation: 0.1778
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 76
  • Final Value: 205,239
  • High Value: 241,746
  • Low Value: 168,733

    Market Valuation

  • Market Total Value: $178,767
  • Market Land Value: $29,433
  • Market Improvement Value: $149,334

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,589
  • Assessed Land Value: $9,811
  • Assessed Improvements Value: $49,778

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 08, 2005
  • Current Sale Recording Date: Apr 14, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2005062474
  • Previous Sale Recording Date: Feb 18, 2004
  • Previous Sale Contract Date: Jan 08, 2004
  • Previous Sale Document Type: 64
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 Steger

Stats & Trends

Median Asking:

$199,995

Sale Price/ft²

$149

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1327 ft²

Average Home Age

81.1 years

Currently For Sale

28 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 13 Hemlock Street, Park Forest, IL, 60466

$1,575 /mo

  • 2 Beds
  • 1 Bath
  • 925 ft²
13 Hemlock Street #13, Park Forest, IL, 60466 Listing by Tameka Anderson
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: Mike Berg, Berg Properties
Data Source: MRED, MLS# MRD12513425
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 186 Cedarwood Drive built and last sold?
The property at 186 Cedarwood Drive was built in 1996 and last sold on Apr 8, 2005 for $152,000.
How much is this home worth?
The estimated value of the home located at 186 Cedarwood Drive is $0.
What are some comparable homes to 186 Cedarwood Drive?
There are currently no comparable homes to 186 Cedarwood Drive.
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