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Crete 60417
3511 Fairway Drive
$0
● House - For Sale

3511 Fairway Drive

Crete, IL 60417
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,201 Ft²
$0
Est. Monthly

About This Property

Listing price $190,700 Great opportunity on this split-level style home with attached 2 car garage. It offers   approximately 2,201 square feet of living space with 4 bedrooms and 3 bathrooms. Basement. Built in 1993   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
2,201 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$694
HOA Dues
-
Year Built
1993

Listed By

Val Laborevitch
REALHome Services & Solutions, Inc

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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

Air Conditioning
Garage
Parking Details
Has Garage
Parking Features: Garage, Attached, Yes
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Rooms: 6
Basement: Unfinished, Partial
Exterior Details
Square Footage: 2201
Square Footage Source: $0
Architectural Style: Split Level
Year Built: 1993
Levels: Split Level
Construction Materials: Frame
Lot Size Area: 7579.44
Lot Size Units: Square Feet
Lot Size Acres: 0.174
Lot Size Square Feet: 7579.44
Lot Size Dimensions: 7600
Water Source: Public
Financial Details
Tax Annual Amount: $8,330
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Total Rooms: 9
  • Bedroom Count: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 609
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,600
  • Total Building Area: 3,250
  • Building Area: 2,201
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,201
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIRST FAIRWAY ADD
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 46 IN FIRST FAIRWAY ADDN TO LINCOLNSHIRE, BEING A SUB OF PRT OF THE E1/2 OF THE NE1/4 OF SEC. 4, T34N-R14E.

Neighborhood

  • School District Name: Steger School District 194
  • Census Tract: 883810

Geography

  • Parcel: 23-15-04-220-001
  • Lot: 46
  • Meridian: SEC 04 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.466
  • Longitude: -87.6177

    Address

  • Full Address: 3511 Fairway Dr
  • Address - House Number: 3511
  • Address - Street Name: Fairway
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Crete
  • Carrier Code: R002
  • 4-Digit Zip Code: 1046
  • Zip Code: 60417

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $729,606
  • Tax Rate Code Area: 2324

    Appraisal Valuation

  • Standard Deviation: 0.1623
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 266,789
  • High Value: 310,089
  • Low Value: 223,488

    Market Valuation

  • Market Total Value: $201,039
  • Market Land Value: $32,619
  • Market Improvement Value: $168,420

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,013
  • Assessed Land Value: $10,873
  • Assessed Improvements Value: $56,140

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 09, 2006
  • Current Sale Recording Date: Oct 10, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2006169405

    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 Crete

Stats & Trends

Median Asking:

$298,000

Sale Price/ft²

$140

Below Asking

0.02%

Average Days on Market

51

Average Home Size

2117 ft²

Average Home Age

68 years

Currently For Sale

29 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 3236 Hopkins Street, Steger, IL, 60475

$2,150 /mo

  • 3 Beds
  • 1 Bath
  • 1,449 ft²
3236 Hopkins Street, Steger, IL, 60475 Listing by AnnMarie Siriano
Unit for rent at 307 Durham Drive, Steger, IL, 60475

$3,350 /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# MRD12802056
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 3511 Fairway Drive built and last sold?
The property at 3511 Fairway Drive was built in 1993 and last sold on Sep 9, 2006 for $218,000.
How much is this home worth?
The estimated value of the home located at 3511 Fairway Drive is -$nan.
What are some comparable homes to 3511 Fairway Drive?
There are currently no comparable homes to 3511 Fairway Drive.
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