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Hazel Crest 60429
3312 Birchwood Drive
$95,000
● House - Off Market

3312 Birchwood Drive

Hazel Crest, IL 60429
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$1,101
Est. Monthly
19.54%
Cap Rate

About This Property

Exciting opportunity!  This frame split level offers 4 bedrooms,  2 full baths and a 2-car attached garage.  This property is waiting for the right owner to unlock its full potential and turn it into a stunning home.  Conveniently located near shopping, restaurants and recreation, this home is ideal for a first-time buyer ready to transform it into a fabulous living space or an investor looking to add to their rental portfolio.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
-
Price per sqft
$78
Property Type
House
Property Taxes
$585
HOA Dues
-
Year Built
1970

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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.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 9,100
  • Lot Size Depth Feet: 1,390
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAZELCREST HIGHLANDS 20TH
  • Land Acres: 0000000209
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (HAZELCREST)(HIGHLANDS)(20TH) ADD SUB OF PT OF NE SEC 26-36-13

Neighborhood

  • School District Name: Prairie-Hills Elementary School District 144
  • Census Tract: 825501

Geography

  • District: 13
  • Parcel: 28-26-205-016-0000
  • Lot: 813
  • Meridian: SEC 26 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5824
  • Longitude: -87.6984

    Address

  • Full Address: 3312 Birchwood Dr
  • Address - House Number: 3312
  • Address - Street Name: Birchwood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hazel Crest
  • Carrier Code: C003
  • 4-Digit Zip Code: 1035
  • Zip Code: 60429

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $702,276
  • Tax Rate Code Area: 13050

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 180,507
  • High Value: 221,725
  • Low Value: 139,290

    Market Valuation

  • Market Total Value: $150,010
  • Market Land Value: $29,580
  • Market Improvement Value: $120,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,001
  • Assessed Land Value: $2,958
  • Assessed Improvements Value: $12,043

    Sales

  • Current Sale Contract Date: Jul 30, 2004
  • Current Sale Recording Date: Aug 23, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0423611113
  • Previous Sale Recording Date: Jul 14, 1995
  • Previous Sale Contract Date: Jun 29, 1995
  • Previous Sale Amount: $98,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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:

$199,000

Sale Price/ft²

$142

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1360 ft²

Average Home Age

66 years

Currently For Sale

62 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 18200 Fountainbleau Drive, Hazel Crest, IL, 60429

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
18200 Fountainbleau Drive, Hazel Crest, IL, 60429 Listing by Gino Picciola
Unit for rent at 18440 Palmer Avenue, Homewood, IL, 60430

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,820 ft²
18440 Palmer Avenue, Homewood, IL, 60430 Listing by Nicholas Price

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Daniel Robinson, Crosstown Realtors, Inc.
Data Source: MRED, MLS# MRD12282555
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 3312 Birchwood Drive built and last sold?
The property at 3312 Birchwood Drive was built in 1970 and last sold on Jul 30, 2004 for $145,000.
How much is this home worth?
The estimated value of the home located at 3312 Birchwood Drive is $0.
What are some comparable homes to 3312 Birchwood Drive?
There are currently no comparable homes to 3312 Birchwood Drive.
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