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Crest Hill 60403
2004 Macher Street
$275,000
● House - Off Market

2004 Macher Street

Crest Hill, IL 60403
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,800 Ft²
$312,066
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Pride of ownership describes this 3 bedroom, 21/2 bath 2 story in one of Crest Hill's finest subdivisions! Relax on the large deck and beautifully landscaped corner lot or sit in front of the family room fireplace on the cold wintry nights. Kitchen has all stainless steel appliances, plenty of cabinetry, and table space overlooking the outdoor deck. Family room has a gas log fireplace. Separate dining room and nice sized living room. Upstairs, the master bedroom features vaulted ceiling and a full bath. 3rd bedroom is currently being used as an office. All bedrooms have ceiling fans. Dry basement with concrete crawl area. 2 car attached garage. Oak trim and doors through out. Roof 15yrs., Furnace 2yrs., A/C 10yrs., H2O 6yrs. Most windows were replaced in 2016. Water softener is owned. Plainfield schools.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$153
Property Type
House
Property Taxes
$501
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 #11164274)

Price History

Date / Event Date Event Price
Sep 22, 2021 Sold
Premium
Sold
Jul 21, 2021 Listed by Coldwell Banker Real Estate Group $274,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

Garage
Air Conditioning
Fireplace

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: 8,576
  • 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: BEING A ACRES
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 44 IN CREST ACRES UNIT 2, BEING A SUB OF PRT OF THE NW1/4 OF SEC. 31, T36N-R10E.

Neighborhood

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

Geography

  • Parcel: 11-04-31-128-001
  • Lot: 44
  • Meridian: SEC 31 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5589
  • Longitude: -88.1377

    Address

  • Full Address: 2004 Macher St
  • Legal Unit: 2
  • Address - House Number: 2004
  • Address - Street Name: Macher
  • Address - Suffix Type: St
  • State: IL
  • City Name: Crest Hill
  • Carrier Code: C078
  • 4-Digit Zip Code: 1867
  • Zip Code: 60403

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $646,144
  • Tax Rate Code Area: 1119

    Appraisal Valuation

  • Standard Deviation: 0.147
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 296,290
  • High Value: 339,871
  • Low Value: 252,709

    Market Valuation

  • Market Total Value: $240,624
  • Market Land Value: $52,059
  • Market Improvement Value: $188,565

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,208
  • Assessed Land Value: $17,353
  • Assessed Improvements Value: $62,855

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Oct 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021109649

    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:

$287,000

Sale Price/ft²

$195

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1598 ft²

Average Home Age

35.6 years

Currently For Sale

46 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: Gerald Shepich, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11164274
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 2004 Macher Street built and last sold?
The property at 2004 Macher Street was built in and last sold on Sep 15, 2021 for $275,000.
How much is this home worth?
The estimated value of the home located at 2004 Macher Street is $281,721.
What are some comparable homes to 2004 Macher Street?
There are currently no comparable homes to 2004 Macher Street.
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