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Hazel Crest 60429
2407 Sunset Road
$75,000
● House - Off Market

2407 Sunset Road

Hazel Crest, IL 60429
bedrooms
3 Beds
bathrooms
1 Bath
square feet
867 Ft²
$67,204
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

**Multiple Offers received - Calling for Highest and Best by Monday, June 27 9AM** ***Attention investors and home buyers*** Fantastic opportunity to own this spacious 3-bed, 1-bath home with detached 2-car garage and incredible potential! Prime location just steps from parks, schools, transportation, and shopping! Currently tenant occupied. This property is sold as-is. No survey. Buyer responsible to verify and take subject all violations and municipal requirements if any exist.
Unit Size
867 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$75
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1955

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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 #11443777)

Price History

Date / Event Date Event Price
Aug 5, 2022 Sold
Premium
Sold
Jun 21, 2022 Listed by Parkvue Realty Corporation $65,000
Listed by Parkvue Realty Corporation

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 480
  • Total Building Area: 867
  • Gross Building Area: 867
  • Building Area: 867
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 867
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 3
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COOPERS HAZELCREST MANOR
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02

Neighborhood

  • School District Name: Hazel Crest School District 152-5
  • Census Tract: 825503

Geography

  • District: 13
  • Parcel: 28-25-212-005-0000
  • Meridian: SEC 25 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.583
  • Longitude: -87.6759

    Address

  • Full Address: 2407 Sunset Rd
  • Address - House Number: 2407
  • Address - Street Name: Sunset
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Hazel Crest
  • Carrier Code: C001
  • 4-Digit Zip Code: 1245
  • Zip Code: 60429

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $414,909
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 13049

    Appraisal Valuation

  • Standard Deviation: 0.265
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 109,392
  • High Value: 138,390
  • Low Value: 80,395

    Market Valuation

  • Market Total Value: $90,000
  • Market Land Value: $13,500
  • Market Improvement Value: $76,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,000
  • Assessed Land Value: $1,350
  • Assessed Improvements Value: $7,650

    Sales

  • Current Sale Contract Date: May 08, 2023
  • Current Sale Recording Date: May 11, 2023
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 40109
  • Previous Sale Recording Date: Aug 10, 2022
  • Previous Sale Contract Date: Jul 15, 2022
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: 68
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 Hazel Crest

Stats & Trends

Median Asking:

$199,900

Sale Price/ft²

$138

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1399 ft²

Average Home Age

64.8 years

Currently For Sale

67 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 16775 Artesian Avenue, Hazel Crest, IL, 60429

$2,150 /mo

  • 3 Beds
  • 1 Bath
  • 867 ft²
16775 Artesian Avenue, Hazel Crest, IL, 60429 Listing by Ayesha Afaq

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Anthony Disano, Parkvue Realty Corporation
Last Updated: 3 years ago
Data Source: MRED, MLS# 11443777
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 2407 Sunset Road built and last sold?
The property at 2407 Sunset Road was built in 1955 and last sold on May 8, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 2407 Sunset Road is $0.
What are some comparable homes to 2407 Sunset Road?
There are currently no comparable homes to 2407 Sunset Road.
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