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Steger 60475
22530 FREDERICK Road
$321,000
● House - Off Market

22530 FREDERICK Road

Steger, IL 60475
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,861 Ft²
$1,981
Est. Monthly
6.77%
Cap Rate

About This Property

Fabulous Quad level  situated on an oversized  1 acre wooded lot.  Custom built 3 bedroom 2 bath split with full finished basement.  This was custom built by original owner. Cathedral ceilings in living room and dining room.   As you enter you are greeted with the bright and sunny living room/dining room combo. The well appointed eat-in kitchen boasts ample table space, as well as many cabinets. Kitchen opens to large family room with fireplace.  Den/office  adjacent to family room could be converted to 4th bedroom. Basement is finished with rec room, laundry and even a wine closet. 2.5 car attached garage plus 1+ car detached garage perfect for the car enthusiast.
Unit Size
1,861 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$161
Property Type
House
Property Taxes
$508
HOA Dues
-
Year Built
1998

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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
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,779
  • Total Building Area: 1,861
  • Gross Building Area: 1,861
  • Building Area: 1,861
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,861
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CALCAGNIS
  • Land Acres: 0000001028
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34

Neighborhood

  • School District Name: Steger School District 194
  • Census Tract: 829700

Geography

  • District: 12
  • Parcel: 32-34-103-018-0000
  • Lot: 3
  • Meridian: SEC 34 TWN 35N RNG 14E
  • Municipality: BLOOM
  • Latitude: 41.4801
  • Longitude: -87.6094

    Address

  • Full Address: 22530 Frederick Rd
  • Address - House Number: 22530
  • Address - Street Name: Frederick
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Steger
  • Carrier Code: C003
  • 4-Digit Zip Code: 5532
  • Zip Code: 60475

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $499,436
  • Tax Rate Code Area: 12228

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 297,464
  • High Value: 351,522
  • Low Value: 243,407

    Market Valuation

  • Market Total Value: $222,720
  • Market Land Value: $67,170
  • Market Improvement Value: $155,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,272
  • Assessed Land Value: $6,717
  • Assessed Improvements Value: $15,555
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:

$209,900

Sale Price/ft²

$148

Below Asking

0.03%

Average Days on Market

62

Average Home Size

1496 ft²

Average Home Age

83.7 years

Currently For Sale

29 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: Carl Guzzy, RE/MAX 1st Service
Data Source: MRED, MLS# MRD12331579
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 22530 Frederick Road built and last sold?
The property at 22530 Frederick Road was built in 1998 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 22530 Frederick Road is $0.
What are some comparable homes to 22530 Frederick Road?
There are currently no comparable homes to 22530 Frederick Road.
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