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Crete 60417
3632 Edward Drive
$225,000
● House - Off Market

3632 Edward Drive

CRETE, IL 60417
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,241 Ft²
$403,785
RealtyHop Estimate
83.62%
Since Feb 1, 2008
National-US
Primary Model

About This Property

Very large and nicely updated 4 bedroom, 2.1 bathroom home.  HUGE family room, separate dining room, very large deck, fenced yard, fresh paint (interior & exterior), new carpeting throughout and updating in bathrooms & kitchen w/ new appliances.  Nothing to do but move right in, great location, close to rt394!
Unit Size
2,241 Ft²
Days on Market
-
Land Size
-
Price per sqft
$98
Property Type
House
Property Taxes
$476
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.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 890
  • Garage Type: 1
  • Garage Square Area: 501
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,280
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 800
  • Total Building Area: 4,002
  • Building Area: 2,611
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,611
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LINCOLNSHIRE EAST 1ST ADDITION
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 20 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: 23-15-02-301-064
  • Lot: 20
  • Meridian: SEC 02 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.4621
  • Longitude: -87.5875

    Address

  • Full Address: 3632 Edward Dr
  • Legal Unit: 2
  • Address - House Number: 3632
  • Address - Street Name: Edward
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Crete
  • Carrier Code: R005
  • 4-Digit Zip Code: 1517
  • Zip Code: 60417

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $860,484
  • Tax Rate Code Area: 2325

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 312,700
  • High Value: 357,094
  • Low Value: 268,307

    Market Valuation

  • Market Total Value: $238,518
  • Market Land Value: $35,553
  • Market Improvement Value: $202,965

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $79,506
  • Assessed Land Value: $11,851
  • Assessed Improvements Value: $67,655

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 10, 2008
  • Current Sale Recording Date: Jan 24, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2008010685
  • Previous Sale Recording Date: Sep 17, 2007
  • Previous Sale Contract Date: Jul 30, 2007
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: 68
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

2172 ft²

Average Home Age

67.5 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 2236 220th Street, Sauk Village, IL, 60411

$1,850 /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: Mark Davino, Cross County Realty Inc.
Data Source: MRED, MLS# MRD06717794
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 3632 Edward Drive built and last sold?
The property at 3632 Edward Drive was built in 1979 and last sold on Jan 10, 2008 for $225,000.
How much is this home worth?
The estimated value of the home located at 3632 Edward Drive is $227,348.
What are some comparable homes to 3632 Edward Drive?
There are currently no comparable homes to 3632 Edward Drive.
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