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Crete 60417
3655 Beckwith Lane
$220,000
● House - Off Market

3655 Beckwith Lane

Crete, IL 60417
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,791 Ft²
$1,583
Est. Monthly
7.90%
Cap Rate

About This Property

Whether you're a first-time homebuyer, expanding your family, or in search of an appealing ranch-style residence, this home provides an ideal fusion of comfort and functionality. It boasts three spacious bedrooms, two bathrooms, and an attached two-car garage. The charming living room is equipped with a convenient fireplace for chilly winter nights, and there's also a three-season room for relaxation. The master bedroom comes with a complete private bath. The basement, with a separate entrance, serves as a potentially related living space. The laundry room conveniently connects to the garage. Outside, enjoy the beautiful outdoor space with a spacious yard, perfect for summer grilling and entertainment. Don't miss out - schedule a showing today, as this house offers great value and is expected to sell quickly!
Unit Size
1,791 Ft²
Days on Market
-
Land Size
-
Price per sqft
$123
Property Type
House
Property Taxes
$503
HOA Dues
-
Year Built
1957

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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 #11969667)

Price History

Date / Event Date Event Price
Feb 26, 2024 Sold
Premium
Sold
Jan 30, 2024 Listed by Re/Max Millennium $219,900
Listed by Re/Max Millennium

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • 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 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: 7,214
  • Total Building Area: 1,791
  • Building Area: 1,791
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,791
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LINCOLNSHIRE ESTATES
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 25 BLOCK 2 IN LINCOLNSHIRE ESTATES UNIT 2, BEING A SUB OF PRT OF THE NE1/4 AND SE1/4 OF SEC. 3, T34N-R14E.

Neighborhood

  • School District Name: Crete-Monee Community Unit School District 201-U
  • Census Tract: 883810

Geography

  • Parcel: 23-15-03-412-009
  • Block: 2
  • Lot: 25
  • Meridian: SEC 03 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.4606
  • Longitude: -87.595

    Address

  • Full Address: 3655 Beckwith Ln
  • Legal Unit: 2
  • Address - House Number: 3655
  • Address - Street Name: Beckwith
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Crete
  • Carrier Code: R002
  • 4-Digit Zip Code: 1260
  • Zip Code: 60417

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $603,378
  • Tax Rate Code Area: 2325

    Appraisal Valuation

  • Standard Deviation: 0.1183
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 87
  • Final Value: 239,225
  • High Value: 267,546
  • Low Value: 210,904

    Market Valuation

  • Market Total Value: $172,629
  • Market Land Value: $15,558
  • Market Improvement Value: $157,071

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,543
  • Assessed Land Value: $5,186
  • Assessed Improvements Value: $52,357

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 22, 2024
  • Current Sale Recording Date: Feb 29, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9933
  • Previous Sale Recording Date: Dec 08, 2023
  • Previous Sale Contract Date: Nov 07, 2023
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: 64
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:

$294,900

Sale Price/ft²

$140

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2556 ft²

Average Home Age

55.7 years

Currently For Sale

31 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

$2,000 /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: Katarzyna Fuks, Re/Max Millennium
Last Updated: 3 years ago
Data Source: MRED, MLS# 11969667
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 3655 Beckwith Lane built and last sold?
The property at 3655 Beckwith Lane was built in 1957 and last sold on Feb 22, 2024 for $220,000.
How much is this home worth?
The estimated value of the home located at 3655 Beckwith Lane is $225,356.
What are some comparable homes to 3655 Beckwith Lane?
There are currently no comparable homes to 3655 Beckwith Lane.
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