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Sandwich 60548
337 W 3rd Street
$220,000
● House - Off Market

337 W 3rd Street

Sandwich, IL 60548
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,615 Ft²
$1,422
Est. Monthly

About This Property

Attention investors and rehabbers-this is the kind of opportunity you've been waiting for!  This two-story home offers solid bones and plenty of upside for the right buyer ready to unlock its full potential. The home features a spacious layout with multiple living areas and generous room sizes. With the right cosmetic updates, this property presents an excellent opportunity for investors, rehabbers, or buyers looking to build equity. Whether you're planning a fix-and-flip or adding to your rental portfolio, this property has strong potential for resale or long term rental income. Bring your vision and transform this home into a profitable investment. Opportunities like this don't last. Schedule your showing today!
Unit Size
1,615 Ft²
Days on Market
-
Land Size
-
Price per sqft
$136
Property Type
House
Property Taxes
$341
HOA Dues
-
Year Built
-

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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

  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 594
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOLES ADDITION
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: JOLES ADDITION - LOT 2 - BLOCK 5

Neighborhood

  • School District Name: Sandwich Community Unit School District 430
  • Census Tract: 002000

Geography

  • Account Number: 1926476008
  • District: SA
  • Parcel: 19-26-476-008
  • Block: 5
  • Lot: 2
  • Municipality: SANDWICH
  • Latitude: 41.6485
  • Longitude: -88.6271

    Address

  • Full Address: 337 W 3rd St
  • Address - House Number: 337
  • Street Direction: W
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Sandwich
  • Carrier Code: C002
  • 4-Digit Zip Code: 1519
  • Zip Code: 60548

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $370,234
  • Tax Rate Code Area: SA03

    Appraisal Valuation

  • Standard Deviation: 0.1962
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 208,892
  • High Value: 249,881
  • Low Value: 167,903

    Market Valuation

  • Market Total Value: $159,993
  • Market Land Value: $44,163
  • Market Improvement Value: $115,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,331
  • Assessed Land Value: $14,721
  • Assessed Improvements Value: $38,610

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 12, 2006
  • Current Sale Recording Date: May 24, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2006009177
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 Sandwich

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$196

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1494 ft²

Average Home Age

50.3 years

Currently For Sale

9 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

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MRED

Listed by: Marisa Barragan, Compass REO Incorporated
Data Source: MRED, MLS# MRD12587747
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 337 West 3rd Street built and last sold?
The property at 337 West 3rd Street was built in and last sold on May 12, 2006 for $156,000.
How much is this home worth?
The estimated value of the home located at 337 West 3rd Street is $0.
What are some comparable homes to 337 West 3rd Street?
There are currently no comparable homes to 337 West 3rd Street.
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