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Steger 60475
3630 Morgan Street
$140,000
● House - Off Market

3630 Morgan Street

Steger, IL 60475
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,437 Ft²
$156,028
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Easy one-level living awaits in this charming 3 BR 2 full bath ranch w/ unfinished basement! Addition was built approx 10 years ago to add spacious related living quarters w/ private entrance, huge master bedroom w/ private master bath & main floor laundry. Potential is endless; could easily convert to a spacious family room instead if desired. NEWER VINYL windows & HARDWOOD FLOORS throughout. Formal dining room and separate office nook (could be converted back into a 4th bedroom if desired). Large unfinished basement for plenty of storage; newer furnace. Shared driveway leads to 2 car detached garage. Oversized front deck w/ ramp. Clean & move in ready; estate selling strictly AS-IS, but sellers will handle village occupancy requirements.
Unit Size
1,437 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$94
Property Type
House
Property Taxes
$223
HOA Dues
-
Year Built
1960

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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 #11111084)

Price History

Date / Event Date Event Price
Jul 15, 2021 Sold
Premium
Sold
Jun 4, 2021 Listed by RE/MAX Synergy $135,000
Listed by RE/MAX Synergy

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 1,040
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,088
  • Total Building Area: 2,477
  • Building Area: 1,437
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,437
  • 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: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 16 17 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

Neighborhood

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

Geography

  • Parcel: 23-15-05-113-054
  • Block: 15
  • Lot: 16-17
  • Meridian: SEC 05 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.4647
  • Longitude: -87.6441

    Address

  • Full Address: 3630 Morgan St
  • Address - House Number: 3630
  • Address - Street Name: Morgan
  • Address - Suffix Type: St
  • State: IL
  • City Name: Steger
  • Carrier Code: C001
  • 4-Digit Zip Code: 1534
  • Zip Code: 60475

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $385,080
  • Tax Rate Code Area: 2327

    Appraisal Valuation

  • Standard Deviation: 0.1778
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 76
  • Final Value: 163,695
  • High Value: 192,812
  • Low Value: 134,579

    Market Valuation

  • Market Total Value: $140,511
  • Market Land Value: $18,360
  • Market Improvement Value: $122,151

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,837
  • Assessed Land Value: $6,120
  • Assessed Improvements Value: $40,717

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Aug 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: R2021087107

    Financing

  • First Mortgage Financing Type: FIX
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:

$199,945

Sale Price/ft²

$148

Below Asking

0.03%

Average Days on Market

62

Average Home Size

1569 ft²

Average Home Age

78.3 years

Currently For Sale

32 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: Cara Dulaitis, RE/MAX Synergy
Last Updated: 3 years ago
Data Source: MRED, MLS# 11111084
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 3630 Morgan Street built and last sold?
The property at 3630 Morgan Street was built in 1960 and last sold on Jul 15, 2021 for $140,000.
How much is this home worth?
The estimated value of the home located at 3630 Morgan Street is $0.
What are some comparable homes to 3630 Morgan Street?
There are currently no comparable homes to 3630 Morgan Street.
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