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Des Plaines 60018
2972 S CRAIG Drive
$335,000
● House - Off Market

2972 S CRAIG Drive

Des Plaines, IL 60018
bedrooms
3 Beds
bathrooms
2 Baths
$360,499
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Solid brick ranch on oversized lot in the absolute perfect location. Great layout ideal for entertaining, oak hardwood floors throughout, spacious bedroom sizes, 2-car attached garage, fully fenced in yard, and eat-in kitchen with large dining room. Updates include complete tear-off new roof (2013), furnace (2021), boiler (2013), kitchen appliances (2013), washer/dryer (2015), gutters (2017), patio (2017), chimney (2017). Across the street from a park and only three blocks from major expressways. HURRY!!
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
House
Property Taxes
$545
HOA Dues
-
Year Built
1968

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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 #11134802)

Price History

Date / Event Date Event Price
Aug 24, 2021 Sold
Premium
Sold
Jun 24, 2021 Listed by Northwest Real Estate Group $315,000
Listed by Northwest Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • 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: 10,270
  • Total Building Area: 1,252
  • Gross Building Area: 1,252
  • Building Area: 1,252
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,252
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOWN IMPROVEMENT CORP DESPLAINES COUNTRY
  • Land Acres: 0000000236
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (TOWN) (IMPROVEMENT) CORP (DESPLAINES) (COUNTRYSIDE) SUB IN WH SE SEC 33-41-12

Neighborhood

  • School District Name: Des Plaines Community Consolidated School District 62
  • Census Tract: 806600

Geography

  • District: 22
  • Parcel: 09-33-406-022-0000
  • Block: 5
  • Lot: 20
  • Meridian: SEC 33 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 41.9997
  • Longitude: -87.8712

    Address

  • Full Address: 2972 S Craig Dr
  • Address - House Number: 2972
  • Street Direction: S
  • Address - Street Name: Craig
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C017
  • 4-Digit Zip Code: 4022
  • Zip Code: 60018

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $735,368
  • Tax Rate Code Area: 22017

    Appraisal Valuation

  • Standard Deviation: 0.2289
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 381,717
  • High Value: 469,103
  • Low Value: 294,331

    Market Valuation

  • Market Total Value: $320,010
  • Market Land Value: $77,030
  • Market Improvement Value: $242,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,001
  • Assessed Land Value: $7,703
  • Assessed Improvements Value: $24,298

    Sales

  • Current Sale Contract Date: Aug 18, 2021
  • Current Sale Recording Date: Aug 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2123728169
  • Previous Sale Recording Date: Aug 02, 2013
  • Previous Sale Contract Date: Jun 21, 2013
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$251

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1637 ft²

Average Home Age

49.5 years

Currently For Sale

103 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 1813 Fargo Avenue, Des Plaines, IL, 60018

$3,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,265 ft²
1813 Fargo Avenue, Des Plaines, IL, 60018 Listing by Bailey McDonagh
Unit for rent at 1680 Locust Street, Des Plaines, IL, 60018

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,740 ft²
1680 Locust Street, Des Plaines, IL, 60018 Listing by Tony Garcia

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Dan Kieres, Northwest Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11134802
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 2972 South Craig Drive built and last sold?
The property at 2972 South Craig Drive was built in 1968 and last sold on Aug 18, 2021 for $335,000.
How much is this home worth?
The estimated value of the home located at 2972 South Craig Drive is $0.
What are some comparable homes to 2972 South Craig Drive?
There are currently no comparable homes to 2972 South Craig Drive.
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