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Steger 60475
3623 CARPENTER Street
$110,000
● House - Off Market

3623 CARPENTER Street

Steger, IL 60475
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,388 Ft²
$941
Est. Monthly
22.22%
Cap Rate

About This Property

Wonderful 4 bedroom 1 bathroom home in the Steger community. The home features fresh paint and newer vinyl floors throught. The home also features a 1 car attached garage and ample sized yard. Come and tour it before its gone!
Unit Size
1,388 Ft²
Days on Market
-
Land Size
-
Price per sqft
$77
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
1944

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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

  • Year Built: 1944
  • Effective Year Built: 1944
  • 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: 150
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,180
  • Total Building Area: 1,388
  • 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: 0000000070
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 37 BLOCK 15 IN KENNEY BEER'S BOULEVARD ADDITION TO COLUMBIA HEIGHTS, BEING A SUB OF PRT OF THE W 992.77 FT OF THE NE FRA

Neighborhood

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

Geography

  • Parcel: 23-15-05-113-012
  • Block: 15
  • Lot: 37
  • Meridian: SEC 05 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.465
  • Longitude: -87.6447

    Address

  • Full Address: 3623 Carpenter St
  • Address - House Number: 3623
  • Address - Street Name: Carpenter
  • Address - Suffix Type: St
  • State: IL
  • City Name: Steger
  • Carrier Code: C002
  • 4-Digit Zip Code: 1527
  • Zip Code: 60475

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $355,240
  • Tax Rate Code Area: 2327

    Appraisal Valuation

  • Standard Deviation: 0.1151
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 87
  • Final Value: 128,079
  • High Value: 142,823
  • Low Value: 113,334

    Market Valuation

  • Market Total Value: $93,645
  • Market Land Value: $9,171
  • Market Improvement Value: $84,474

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,215
  • Assessed Land Value: $3,057
  • Assessed Improvements Value: $28,158

    Sales

  • Current Sale Contract Date: Jul 28, 2015
  • Current Sale Recording Date: Sep 04, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2015077062
  • Previous Sale Recording Date: Jul 18, 2013
  • Previous Sale Contract Date: Jul 11, 2013
  • Previous Sale Amount: $37,000
  • Previous Sale Document Type: 71
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:

$204,950

Sale Price/ft²

$149

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1305 ft²

Average Home Age

80.1 years

Currently For Sale

25 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 138 Algonquin Street, Park Forest, IL, 60466

$2,600 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
138 Algonquin Street, Park Forest, IL, 60466 Listing by Earlene Slusher

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Scanlon, eXp Realty
Data Source: MRED, MLS# MRD12218001
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 3623 Carpenter Street built and last sold?
The property at 3623 Carpenter Street was built in 1944 and last sold on Jul 28, 2015 for $4,466,598.
How much is this home worth?
The estimated value of the home located at 3623 Carpenter Street is $112,571.
What are some comparable homes to 3623 Carpenter Street?
There are currently no comparable homes to 3623 Carpenter Street.
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