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Steger 60475
3113 Sandy Ridge Drive
$300,000
● House - Off Market

3113 Sandy Ridge Drive

Steger, IL 60475
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,148 Ft²
$318,108
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Welcome to this spacious 2 story home that features 4 bedrooms and 2.5 bathrooms with a fully unfinished basement. Fenced in back yard! Open concept kitchen area with granite counters and stainless steel appliances. Motivated sellers, make an appointment today!
Unit Size
2,148 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$149
Property Type
House
Property Taxes
$265
HOA Dues
-
Year Built
2001

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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 #11829802)

Price History

Date / Event Date Event Price
Aug 31, 2023 Sold
Premium
Sold
Jul 12, 2023 Listed by Hoffman Realtors LLC $319,900
Listed by Hoffman Realtors LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 9,480
  • Total Building Area: 2,148
  • Gross Building Area: 2,148
  • Building Area: 2,148
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,148
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SANDY RDG PH 03A
  • Land Acres: 0000000218
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

  • School District Name: Steger School District 194
  • Census Tract: 829700

Geography

  • District: 12
  • Parcel: 32-33-407-047-0000
  • Lot: 58
  • Meridian: SEC 33 TWN 35N RNG 14E
  • Municipality: BLOOM
  • Latitude: 41.4748
  • Longitude: -87.6213

    Address

  • Full Address: 3113 Sandy Ridge Dr
  • Address - House Number: 3113
  • Address - Street Name: Sandy Ridge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Steger
  • Carrier Code: C003
  • 4-Digit Zip Code: 1947
  • Zip Code: 60475

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $616,312
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 12026

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 319,046
  • High Value: 385,138
  • Low Value: 252,954

    Market Valuation

  • Market Total Value: $210,320
  • Market Land Value: $33,180
  • Market Improvement Value: $177,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,032
  • Assessed Land Value: $3,318
  • Assessed Improvements Value: $17,714

    Sales

  • Current Sale Contract Date: Aug 29, 2023
  • Current Sale Recording Date: Sep 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33103
  • Previous Sale Recording Date: Oct 28, 2016
  • Previous Sale Contract Date: Oct 06, 2016
  • Previous Sale Amount: $142,000
  • 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 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

Rentals Near You

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MRED

Listed by: Kenneth Hoffman, Hoffman Realtors LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11829802
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 3113 Sandy Ridge Drive built and last sold?
The property at 3113 Sandy Ridge Drive was built in 2001 and last sold on Aug 29, 2023 for $300,000.
How much is this home worth?
The estimated value of the home located at 3113 Sandy Ridge Drive is $0.
What are some comparable homes to 3113 Sandy Ridge Drive?
There are currently no comparable homes to 3113 Sandy Ridge Drive.
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