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Hazel Crest 60429
2901 Lexington Drive
$125,900
● House - Off Market

2901 Lexington Drive

Hazel Crest, IL 60429
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,340 Ft²
$1,144
Est. Monthly
14.95%
Cap Rate

About This Property

PRICED TO SELL!!! Come see this exceptionally well-kept 3-bedroom, 1-bathroom home! Located on a corner lot with a huge side yard. Walk into a generously sized living room with carpet and diligently cared for hardwood floors in all 3 bedrooms. The home comes with upgraded windows throughout! The dining area opens to an intimate fenced in backyard, perfect for outdoor gatherings. Located 5 minutes from the highway and only 5 minutes from Downtown Homewood!! Home is being Sold As Is.
Unit Size
1,340 Ft²
Days on Market
-
Land Size
-
Price per sqft
$104
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
1954

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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: 2 years ago (MRED MLS #12166030)

Price History

Date / Event Date Event Price
Nov 27, 2024 Sold
Premium
Sold
Sep 26, 2024 In contract -
In contract
Sep 17, 2024 Listed by Century 21 Circle $140,000
Listed by Century 21 Circle

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,092
  • Total Building Area: 1,340
  • Gross Building Area: 1,340
  • Building Area: 1,340
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,340
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELMORES POTTOWATOMIE HILLS
  • Land Acres: 0000000186
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (ELMORES) (POTTOWATOMIE) (HILLS) SUB OF S 60 ACS OF W H OF SW & EH SW SW SEC 25-36-13

Neighborhood

  • School District Name: Prairie-Hills Elementary School District 144
  • Census Tract: 825503

Geography

  • District: 13
  • Parcel: 28-25-329-009-0000
  • Block: 570
  • Lot: 570
  • Meridian: SEC 25 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5724
  • Longitude: -87.6873

    Address

  • Full Address: 2901 Lexington Dr
  • Address - House Number: 2901
  • Address - Street Name: Lexington
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hazel Crest
  • Carrier Code: C005
  • 4-Digit Zip Code: 1714
  • Zip Code: 60429

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $387,749
  • Tax Rate Code Area: 13050

    Appraisal Valuation

  • Standard Deviation: 0.265
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 176,207
  • High Value: 222,915
  • Low Value: 129,498

    Market Valuation

  • Market Total Value: $140,000
  • Market Land Value: $26,300
  • Market Improvement Value: $113,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,000
  • Assessed Land Value: $2,630
  • Assessed Improvements Value: $11,370

    Sales

  • Current Sale Contract Date: Sep 30, 1999
  • Current Sale Recording Date: Oct 04, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 99937790
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:

$190,000

Sale Price/ft²

$138

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1367 ft²

Average Home Age

66.2 years

Currently For Sale

58 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 18549 Dundee Avenue, Homewood, IL, 60430

$2,395 /mo

  • 3 Beds
  • 2 Baths
  • 1,399 ft²
18549 Dundee Avenue, Homewood, IL, 60430 Listing by Rishab Chawla
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: Dominique Miller, Century 21 Circle
Last Updated: 2 years ago
Data Source: MRED, MLS# 12166030
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 2901 Lexington Drive built and last sold?
The property at 2901 Lexington Drive was built in 1954 and last sold on Sep 30, 1999 for $82,000.
How much is this home worth?
The estimated value of the home located at 2901 Lexington Drive is $0.
What are some comparable homes to 2901 Lexington Drive?
There are currently no comparable homes to 2901 Lexington Drive.
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