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Steger 60475
329 Dorsetshire Drive
$82,500
● House - Off Market

329 Dorsetshire Drive

Steger, IL 60475
bedrooms
3 Beds
bathrooms
1 Bath
square feet
864 Ft²
$461
Est. Monthly

About This Property

Listing price $26,500 Great opportunity on this ranch style home with detached 2 car garage. It offers approximately 864 square feet of living space with 3 bedrooms and 1 bathroom. Basement. Built in 1957 many repairs and updates are needed but has potential. Property sold "AS-IS" without contingencies, repairs, warranties, guarantees or representation as to listing accuracy, property information, photo or other depiction included or described herein. Inspect prior bidding. Auction.
Unit Size
864 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$31
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1957

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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: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,364
  • Total Building Area: 1,728
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

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

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LINCOLNSHIRE ESTATES UNIT #6
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: THE S 1/2 OF LOT 15 THAT PRT OF LOT 16 LYG N OF LLN 40 FT S OF PARL TO THE N LN OF SD LOT 16 (MEASRD ON THE W LN THOF) IN B

Neighborhood

  • School District Name: Steger School District 194
  • Census Tract: 883700

Geography

  • Parcel: 23-15-04-208-013
  • Block: 10
  • Lot: 15
  • Meridian: SEC 04 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.4651
  • Longitude: -87.6222

    Address

  • Full Address: 329 Dorsetshire Dr
  • Legal Unit: 6
  • Address - House Number: 329
  • Address - Street Name: Dorsetshire
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Steger
  • Carrier Code: C004
  • 4-Digit Zip Code: 1913
  • Zip Code: 60475

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $350,550
  • Tax Rate Code Area: 2327

    Appraisal Valuation

  • Standard Deviation: 0.1778
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 76
  • Final Value: 142,742
  • High Value: 168,132
  • Low Value: 117,352

    Market Valuation

  • Market Total Value: $110,409
  • Market Land Value: $17,505
  • Market Improvement Value: $92,904

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,803
  • Assessed Land Value: $5,835
  • Assessed Improvements Value: $30,968

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 30, 2005
  • Current Sale Recording Date: Apr 29, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 61
  • Current Sale Input Document Number: R2005070967
  • Previous Sale Recording Date: Apr 06, 2005
  • Previous Sale Contract Date: Mar 30, 2005
  • Previous Sale Amount: $112,990
  • Previous Sale Document Type: 33
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:

$199,945

Sale Price/ft²

$148

Below Asking

0.03%

Average Days on Market

62

Average Home Size

1569 ft²

Average Home Age

78.3 years

Currently For Sale

32 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: Val Laborevitch, Realhome Services & Solutions, Inc.
Data Source: MRED, MLS# MRD12571937
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 329 Dorsetshire Drive built and last sold?
The property at 329 Dorsetshire Drive was built in 1957 and last sold on Mar 30, 2005 for $112,990.
How much is this home worth?
The estimated value of the home located at 329 Dorsetshire Drive is $0.
What are some comparable homes to 329 Dorsetshire Drive?
There are currently no comparable homes to 329 Dorsetshire Drive.
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