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Steger 60475
244 Dorsetshire Drive
$145,000
● House - Off Market

244 Dorsetshire Drive

Steger, IL 60475
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,032 Ft²
$978
Est. Monthly
17.18%
Cap Rate
Unit Size
1,032 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$126
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1956

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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: 1956
  • Effective Year Built: 1956
  • 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: 6,814
  • Total Building Area: 1,032
  • Building Area: 1,032
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,032
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LINCOLNSHIRE ESTATES
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 6 THE S1/2 OF LOT 5 IN BLK 15 IN UNIT 6,LINCOLNSHIRE ESTATES, BEING A SUB OF PRT OF THE W1/2 OF THE NE1/4 OF SEC. 4, T34

Neighborhood

  • School District Name: Steger School District 194
  • Census Tract: 883700

Geography

  • Parcel: 23-15-04-207-005
  • Block: 15
  • Lot: 5
  • Meridian: SEC 04 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.4666
  • Longitude: -87.6227

    Address

  • Full Address: 244 Dorsetshire Dr
  • Legal Unit: 6
  • Address - House Number: 244
  • Address - Street Name: Dorsetshire
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Steger
  • Carrier Code: C004
  • 4-Digit Zip Code: 1910
  • Zip Code: 60475

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $374,928
  • Tax Rate Code Area: 2327

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 135,420
  • High Value: 154,646
  • Low Value: 116,195

    Market Valuation

  • Market Total Value: $98,835
  • Market Land Value: $19,170
  • Market Improvement Value: $79,665

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,945
  • Assessed Land Value: $6,390
  • Assessed Improvements Value: $26,555

    Sales

  • Current Sale Contract Date: Apr 19, 1996
  • Current Sale Recording Date: Jun 12, 1996
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R96-052026
  • Previous Sale Recording Date: Apr 13, 1994
  • Previous Sale Contract Date: Feb 10, 1994
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: VAR
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

$149

Below Asking

0.03%

Average Days on Market

61

Average Home Size

1434 ft²

Average Home Age

82.5 years

Currently For Sale

31 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: Cindy Trotier, Keller Williams Preferred Rlty
Data Source: MRED, MLS# MRD12358550
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 244 Dorsetshire Drive built and last sold?
The property at 244 Dorsetshire Drive was built in 1956 and last sold on Apr 19, 1996 for $75,000.
How much is this home worth?
The estimated value of the home located at 244 Dorsetshire Drive is $0.
What are some comparable homes to 244 Dorsetshire Drive?
There are currently no comparable homes to 244 Dorsetshire Drive.
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