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Steger 60475
3440 Green Street
$64,900
● House - Off Market

3440 Green Street

Steger, IL 60475
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,388 Ft²
$710
Est. Monthly
28.75%
Cap Rate

About This Property

Attention Investors: All Brick Ranch with 3 Bedrooms and 1 Full Bath and full basement on 100X125 oversized lot. Hardwood floors throughout can easily be sanded and refinished. Foundation has been entirely replaced. Exterior Brick is in excellent condition. Tremendous opportunity for a BRRRR or Flip. Great location in quiet neighborhood in Steger. Sold AS-IS Cash Only. Seller will not provide a survey. Property to be cleared out prior to closing.
Unit Size
1,388 Ft²
Days on Market
-
Land Size
-
Price per sqft
$43
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
1955

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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.

Last updated: 3 years ago (MRED MLS #12124640)

Price History

Date / Event Date Event Price
Aug 30, 2024 Sold
Premium
Sold
Aug 9, 2024 In contract -
In contract
Aug 7, 2024 Listed by eXp Realty, LLC $59,900
Listed by eXp Realty, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 1,388
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,096
  • Total Building Area: 2,776
  • Building Area: 1,388
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,388
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KENNEY BEER'S BOULEVARD ADDITION
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 36, 37, 38 19 BLOCK 2 IN KENNEY BEER'S BOULEVARD ADDITION TO COLUMBIA HEIGHTS, BEING A SUB OF PRT OF THE W 992.77 FT OF

Neighborhood

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

Geography

  • Parcel: 23-15-05-201-046
  • Block: 2
  • Lot: 36,37
  • Meridian: SEC 05 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.4682
  • Longitude: -87.6404

    Address

  • Full Address: 3440 Green St
  • Address - House Number: 3440
  • Address - Street Name: Green
  • Address - Suffix Type: St
  • State: IL
  • City Name: Steger
  • Carrier Code: C001
  • 4-Digit Zip Code: 1646
  • Zip Code: 60475

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $495,708
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 2327

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 190,876
  • High Value: 217,974
  • Low Value: 163,777

    Market Valuation

  • Market Total Value: $163,674
  • Market Land Value: $36,726
  • Market Improvement Value: $126,948

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,558
  • Assessed Land Value: $12,242
  • Assessed Improvements Value: $42,316

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 03, 2011
  • Current Sale Recording Date: Jan 20, 2011
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: R2011007854
  • Previous Sale Recording Date: Dec 03, 2010
  • Previous Sale Contract Date: Nov 17, 2010
  • Previous Sale Amount: $54,000
  • Previous Sale Document Type: 64
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:

$199,999

Sale Price/ft²

$150

Below Asking

0.03%

Average Days on Market

61

Average Home Size

1401 ft²

Average Home Age

78.7 years

Currently For Sale

26 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: Tyler Burlison, eXp Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 12124640
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 3440 Green Street built and last sold?
The property at 3440 Green Street was built in 1955 and last sold on Jan 3, 2011 for $0.
How much is this home worth?
The estimated value of the home located at 3440 Green Street is $0.
What are some comparable homes to 3440 Green Street?
There are currently no comparable homes to 3440 Green Street.
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