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Hazel Crest 60429
Undisclosed Address
$265,000
● House - Off Market

Undisclosed Address

Hazel Crest, IL 60429
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,300 Ft²
$254,646
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

If sq footage is needed, this is it. 5 levels of living in this home from the top 2 room loft area that can be living/working space,  to the 3 bedroom upper level with 1 and 3/4 baths . Family room with wood-burning fireplace, 1/2 bath and laundry room on the lower level. Still more to see with the sub basement and huge storage area that can be converted to whatever you desire. Only a matter of how the new owners decide to employ the space--don't miss this one--make this rambler your own.
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$108
Property Type
House
Property Taxes
$968
HOA Dues
-
Year Built
1979

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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 #11442736)

Price History

Date / Event Date Event Price
Jul 28, 2022 Sold
Premium
Sold
Jun 20, 2022 Listed by Kale Realty $248,900
Listed by Kale Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1979
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 7,995
  • Total Building Area: 2,727
  • Gross Building Area: 2,727
  • Building Area: 2,727
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,727
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST CLUSTER7
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: VILLAGE (WEST) (CLUSTER7) SUB OF PT OF EH OF NW SEC 02-35-13

Neighborhood

  • School District Name: Homewood-Flossmoor Community High School District 233
  • Census Tract: 829902

Geography

  • District: 32
  • Parcel: 31-02-101-001-0000
  • Lot: 1
  • Meridian: SEC 02 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5504
  • Longitude: -87.7057

    Address

  • Full Address: 3614 Briar Ln
  • Address - House Number: 3614
  • Address - Street Name: Briar
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hazel Crest
  • Carrier Code: C013
  • 4-Digit Zip Code: 2412
  • Zip Code: 60429

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,009,163
  • Tax Rate Code Area: 32062

    Appraisal Valuation

  • Standard Deviation: 0.2346
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 282,718
  • High Value: 349,052
  • Low Value: 216,383

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $75,950
  • Market Improvement Value: $174,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $7,595
  • Assessed Improvements Value: $17,405

    Sales

  • Current Sale Contract Date: Aug 01, 2022
  • Current Sale Recording Date: Aug 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15153
  • Previous Sale Recording Date: Jul 16, 2012
  • Previous Sale Contract Date: Jul 13, 2012
  • Previous Sale Document Type: 27
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:

$199,900

Sale Price/ft²

$139

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1399 ft²

Average Home Age

64.8 years

Currently For Sale

67 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 19345 Oak Avenue, Country Club Hills, IL, 60478

$2,600 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
19345 Oak Avenue #11, Country Club Hills, IL, 60478 Listing by Danijela Savic
Unit for rent at 4453 Provincetown Drive, Country Club Hills, IL, 60478

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,300 ft²
4453 Provincetown Drive, Country Club Hills, IL, 60478 Listing by Jomont Dotton

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Adrienne Wonzer, Kale Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11442736
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 3614 Briar Lane built and last sold?
The property at 3614 Briar Lane was built in 1979 and last sold on Aug 1, 2022 for $265,000.
How much is this home worth?
The estimated value of the home located at 3614 Briar Lane is $255,194.
What are some comparable homes to 3614 Briar Lane?
There are currently no comparable homes to 3614 Briar Lane.
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