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Crete 60417
3570 Edward Drive
$201,000
● House - Off Market

3570 Edward Drive

Crete, IL 60417
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,993 Ft²
$213,557
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

***Highest and Best Due by 03.24.23****4 Bedroom 2  Bath Tri-Level  Home For Sale  In Crete *  Main Floor Features Large Living Room * Kitchen *  Separate Dining Area *  And Huge Family Room *  Upper Level Master Bedroom With Bath * And 2 Nice Sized Bedrooms * Lower Level Features Rec Room * And 4th Bedroom *  There Is Also A 2 Car Attached Garage *  See Agent Remarks For Offer Submission Instructions *
Unit Size
2,993 Ft²
Days on Market
-
Land Size
-
Price per sqft
$70
Property Type
House
Property Taxes
$561
HOA Dues
-
Year Built
1979

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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.

Last updated: 3 years ago (MRED MLS #11733227)

Price History

Date / Event Date Event Price
Apr 21, 2023 Sold
Premium
Sold
Mar 8, 2023 Listed by Eagle Pro Realty LLC $209,900
Listed by Eagle Pro Realty LLC

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 473
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,579
  • Total Building Area: 2,993
  • Building Area: 2,520
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,520
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LINCOLNSHIRE EAST FIRST ADDITION
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 10 IN LINCOLNSHIRE EAST UNIT 2, BEING A SUB OF PRT OF THE W1/2 OF THE SW1/4 OF SEC 2, T34N-R14E.

Neighborhood

  • School District Name: Crete-Monee Community Unit School District 201-U
  • Census Tract: 883810

Geography

  • Parcel: 23-15-02-301-054
  • Lot: 10
  • Meridian: SEC 02 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.4642
  • Longitude: -87.5875

    Address

  • Full Address: 3570 Edward Dr
  • Legal Unit: 2
  • Address - House Number: 3570
  • Address - Street Name: Edward
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Crete
  • Carrier Code: R005
  • 4-Digit Zip Code: 1535
  • Zip Code: 60417

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $712,400
  • Tax Rate Code Area: 2325

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 287,807
  • High Value: 338,670
  • Low Value: 236,945

    Market Valuation

  • Market Total Value: $200,568
  • Market Land Value: $36,351
  • Market Improvement Value: $164,217

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,856
  • Assessed Land Value: $12,117
  • Assessed Improvements Value: $54,739

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 06, 2023
  • Current Sale Recording Date: Apr 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 19470
  • Previous Sale Recording Date: May 29, 2012
  • Previous Sale Contract Date: May 16, 2012
  • Previous Sale Amount: $135,500
  • 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 Crete

Stats & Trends

Median Asking:

$295,000

Sale Price/ft²

$139

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2509 ft²

Average Home Age

59.7 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 2236 220th Street, Sauk Village, IL, 60411

$1,925 /mo

  • 3 Beds
  • 1 Bath
  • 1,008 ft²
2236 220th Street, Sauk Village, IL, 60411 Listing by Michael Fisher

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: John Sandridge, Eagle Pro Realty LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11733227
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 3570 Edward Drive built and last sold?
The property at 3570 Edward Drive was built in 1979 and last sold on Apr 6, 2023 for $201,000.
How much is this home worth?
The estimated value of the home located at 3570 Edward Drive is $0.
What are some comparable homes to 3570 Edward Drive?
There are currently no comparable homes to 3570 Edward Drive.
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