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Steger 60475
3228 Butler Avenue
$215,000
● House - Off Market

3228 Butler Avenue

Steger, IL 60475
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,032 Ft²
$1,298
Est. Monthly

About This Property

Move in ready totally! Remodel top to bottom three bedroom ranch with full basement ready to be finished off. Eat-in kitchen with all appliances, cabinets and backsplash. Three spacious bedrooms, fully remodeled bathroom with new vanity, toilet, bathtub surround. New water resistant laminate flooring, new AC, furnace and hot water heater. New exterior doors  plus 6 panel interior doors. New lighting fixtures, new side and landscaping. Full fenced in yard plus 2 1/2 car garage. Wonderful location, close to park restaurants and shopping.
Unit Size
1,032 Ft²
Days on Market
-
Land Size
-
Price per sqft
$208
Property Type
House
Property Taxes
$242
HOA Dues
-
Year Built
1975

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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: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,250
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 864
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KEENEY S SUBDIVISION TO CHICAGO HEIGHTS
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02

Neighborhood

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

Geography

  • District: 12
  • Parcel: 32-33-321-061-0000
  • Meridian: SEC 33 TWN 35N RNG 14E
  • Municipality: BLOOM
  • Latitude: 41.4723
  • Longitude: -87.6284

    Address

  • Full Address: 3228 Butler Ave
  • Address - House Number: 3228
  • Address - Street Name: Butler
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Steger
  • Carrier Code: C006
  • 4-Digit Zip Code: 1143
  • Zip Code: 60475

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $270,588
  • Tax Rate Code Area: 12026

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 141,031
  • High Value: 173,234
  • Low Value: 108,828

    Market Valuation

  • Market Total Value: $87,700
  • Market Land Value: $21,880
  • Market Improvement Value: $65,820

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,770
  • Assessed Land Value: $2,188
  • Assessed Improvements Value: $6,582

    Sales

  • Current Sale Contract Date: Nov 04, 2020
  • Current Sale Recording Date: Dec 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2033817123
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

$146

Below Asking

0.03%

Average Days on Market

61

Average Home Size

1583 ft²

Average Home Age

79.2 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

Unit for rent at 307 Durham Drive, Steger, IL, 60475

$3,250 /mo

  • 5 Beds
  • 3 Baths
  • 2,335 ft²
307 Durham Drive, Steger, IL, 60475 Listing by Vicki Melonas

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Suzanne Herrmann, McColly Real Estate
Data Source: MRED, MLS# MRD12494269
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 3228 Butler Avenue built and last sold?
The property at 3228 Butler Avenue was built in 1975 and last sold on Nov 4, 2020 for $45,000.
How much is this home worth?
The estimated value of the home located at 3228 Butler Avenue is $214,425.
What are some comparable homes to 3228 Butler Avenue?
There are currently no comparable homes to 3228 Butler Avenue.
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