For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Steger 60475
3637 Morgan Street
$98,000
● House - Off Market

3637 Morgan Street

Steger, IL 60475
bedrooms
2 Beds
bathrooms
1 Bath
square feet
800 Ft²
$775
Est. Monthly
14.55%
Cap Rate

About This Property

This AFFORDABLE 2 Bdr. RANCH HOME features an an OAK CABINET KITCHEN with a SEPARATE EATING AREA, Pantry closet & UPDATED BATH. It has a COVERED PORCH and a rear DECK in the fenced yard with a 1-2 Car DETACHED GARAGE & NEW DRIVEWAY. The home has PASSED the VILLAGE INSPECTION. FHA & VA Welcome but the property is being sold AS/IS. Seller will consider appraisal required repairs only! Easy to show!
Unit Size
800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$125
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1944

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #11868906)

Price History

Date / Event Date Event Price
Mar 15, 2024 Sold
Premium
Sold
Aug 23, 2023 Listed by Re/Max 10 $99,900
Listed by Re/Max 10

Property Highlights

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: 100
  • 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: 3,161
  • Total Building Area: 797
  • Building Area: 797
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 797
  • 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 30 BLOCK 14 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: 23-15-05-114-018
  • Block: 14
  • Lot: 30
  • Meridian: SEC 05 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.4645
  • Longitude: -87.6434

    Address

  • Full Address: 3637 Morgan St
  • Address - House Number: 3637
  • Address - Street Name: Morgan
  • Address - Suffix Type: St
  • State: IL
  • City Name: Steger
  • Carrier Code: C001
  • 4-Digit Zip Code: 1535
  • Zip Code: 60475

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $306,030
  • Tax Rate Code Area: 2327

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 92
  • Final Value: 94,105
  • High Value: 102,289
  • Low Value: 85,921

    Market Valuation

  • Market Total Value: $80,673
  • Market Land Value: $9,171
  • Market Improvement Value: $71,502

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,891
  • Assessed Land Value: $3,057
  • Assessed Improvements Value: $23,834

    Sales

  • Current Sale Contract Date: Mar 14, 2024
  • Current Sale Recording Date: Mar 20, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13033
  • Previous Sale Recording Date: Mar 15, 1999
  • Previous Sale Contract Date: Jan 28, 1999
  • Previous Sale Amount: $42,500
  • Previous Sale Document Type: 51
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:

$199,990

Sale Price/ft²

$144

Below Asking

0.03%

Average Days on Market

62

Average Home Size

1576 ft²

Average Home Age

78.8 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jim Rossi, Re/Max 10
Last Updated: 3 years ago
Data Source: MRED, MLS# 11868906
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 3637 Morgan Street built and last sold?
The property at 3637 Morgan Street was built in 1944 and last sold on Mar 14, 2024 for $98,000.
How much is this home worth?
The estimated value of the home located at 3637 Morgan Street is $101,389.
What are some comparable homes to 3637 Morgan Street?
There are currently no comparable homes to 3637 Morgan Street.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Crete Homes for Sale
Crete Houses for Sale
Crete Condos for Sale
Crete Townhouses for Sale
Crete Multifamily for Sale
Crete Land for Sale
Crete Commercial for Sale
Crete Homes with Basements
Nearby Cities
Park Forest Homes for Sale
Chicago Heights Homes for Sale
Matteson Homes for Sale
St. John Homes for Sale
Schererville Homes for Sale
Munster Homes for Sale
Cedar Lake Homes for Sale
Highland Homes for Sale
Nearby Property Records
Lake County, IN Property Records
Kankakee County, IL Property Records
Cook County, IL Property Records
Will County, IL Property Records
Porter County, IN Property Records
Newton County, IN Property Records
DuPage County, IL Property Records
Jasper County, IN Property Records
Nearby Counties
Rich Homes for Sale
Bloom Homes for Sale
St. John Homes for Sale
Monee Homes for Sale
Hanover Homes for Sale
Washington Homes for Sale
Will Homes for Sale
Top Real Estate Agents
Top Agents in Crete
Top Agents in Rich
Top Agents in Bloom
Top Agents in 60411
Top Agents in St. John
Top Agents in 60466
Top Agents in Park Forest
Top Agents in 60443