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Steger 60475
28 W 31st Place
$150,000
● House - Off Market

28 W 31st Place

Steger, IL 60475
bedrooms
2 Beds
bathrooms
1 Bath
square feet
805 Ft²
$149,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Updated Ranch in Steger! Kitchen with new Quartz countertops, all new white soft closing cabinets and drawers and all new stainless-steel appliances! New popular LVT flooring, updated bath and new HVAC. Full basement and garage. This is a must see! Close to all accommodations including schools, parks, shops, restaurants and more! Not for rent or lease.
Unit Size
805 Ft²
Days on Market
-
Land Size
-
Price per sqft
$186
Property Type
House
Property Taxes
$81
HOA Dues
-
Year Built
1926

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11781038)

Price History

Date / Event Date Event Price
Nov 9, 2023 Sold
Premium
Sold
May 11, 2023 Listed by Grandview Realty, LLC $149,900
Listed by Grandview Realty, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,080
  • Total Building Area: 769
  • Gross Building Area: 769
  • Building Area: 769
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 769
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KEENEYS SECOND ADD TO COLUMBIA
  • Land Acres: 0000000117
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (KEENEYS)(SECOND) ADD TO (COLUMBIA) HEIGHTS NH OF SE OF SEC 32 & PT SEC 33 NW SW SEC 33-35-14

Neighborhood

  • School District Name: Steger School District 194
  • Census Tract: 829600

Geography

  • District: 12
  • Parcel: 32-32-413-005-0000
  • Block: 20
  • Lot: 33-35
  • Meridian: SEC 33 TWN 35N RNG 14E
  • Municipality: BLOOM
  • Latitude: 41.4742
  • Longitude: -87.6383

    Address

  • Full Address: 28 W 31st Pl
  • Address - House Number: 28
  • Street Direction: W
  • Address - Street Name: 31st
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Steger
  • Carrier Code: C002
  • 4-Digit Zip Code: 1004
  • Zip Code: 60475

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $100,366
  • Tax Rate Code Area: 12026

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 126,188
  • High Value: 149,120
  • Low Value: 103,256

    Market Valuation

  • Market Total Value: $64,780
  • Market Land Value: $17,780
  • Market Improvement Value: $47,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,478
  • Assessed Land Value: $1,778
  • Assessed Improvements Value: $4,700

    Sales

  • Current Sale Contract Date: Sep 27, 2023
  • Current Sale Recording Date: Nov 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 41213
  • Previous Sale Recording Date: Jan 03, 2023
  • Previous Sale Contract Date: Dec 20, 2022
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$199,900

Sale Price/ft²

$149

Below Asking

0.03%

Average Days on Market

61

Average Home Size

1428 ft²

Average Home Age

82 years

Currently For Sale

26 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: Christopher Lobrillo, Grandview Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11781038
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 28 West 31st Place built and last sold?
The property at 28 West 31st Place was built in 1926 and last sold on Sep 27, 2023 for $150,000.
How much is this home worth?
The estimated value of the home located at 28 West 31st Place is $0.
What are some comparable homes to 28 West 31st Place?
There are currently no comparable homes to 28 West 31st Place.
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