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Crete 60417
377 Cass Street
$155,000
● House - Off Market

377 Cass Street

Crete, IL 60417
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,504 Ft²
$151,067
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

MID-CENTURY ALL BRICK RANCH sitting on partially fenced CORNER LOT features ENCLOSED FRONT PORCH ceiling-to-floor jalousie windows, ceilings fans in enclosed porch and bedrooms. Small PATIO in backyard. Home has attached garage but is currently being used as an oversized WORKSHOP/STORAGE OR CAN BE MAN CAVE/SHE SHED/REC ROOM, laundry room, or storage room. Country kitchen with handmade cabinets on one side and newer cabinets on the other side for added storage, matching kitchen wood valances. Two nice-sized bedrooms, kitchen table & 6 chairs stay with full-price offer. Almost all newer APPLIANCES stay. Furnace is located in attic. Mostly all CONCRETE INTERIOR walls. Blocks from downtown Crete.
Unit Size
1,504 Ft²
Days on Market
-
Land Size
-
Price per sqft
$100
Property Type
House
Property Taxes
$342
HOA Dues
-
Year Built
1953

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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 #11358047)

Price History

Date / Event Date Event Price
May 5, 2022 Sold
Premium
Sold
Apr 1, 2022 Listed by Coldwell Banker Realty $149,900
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 7,427
  • Total Building Area: 1,504
  • Building Area: 1,504
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,504
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODS ADDITION TO THE VILLAGE OF CRETE
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 1 BLOCK 6 IN WOOD'S ADDN TO THE VILLAGE OF CRETE, TOGETHER WITH THE PRT OF VAC MARION ST LYG N OF ADJ TO SD BLK 6 BTWN

Neighborhood

  • School District Name: Crete-Monee Community Unit School District 201-U
  • Census Tract: 883811

Geography

  • Parcel: 23-15-09-327-015
  • Block: 6
  • Lot: 1
  • Meridian: SEC 09 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.4436
  • Longitude: -87.6262

    Address

  • Full Address: 377 Cass St
  • Address - House Number: 377
  • Address - Street Name: Cass
  • Address - Suffix Type: St
  • State: IL
  • City Name: Crete
  • Carrier Code: C004
  • 4-Digit Zip Code: 3038
  • Zip Code: 60417

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $413,268
  • Tax Rate Code Area: 2325

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 179,105
  • High Value: 210,757
  • Low Value: 147,453

    Market Valuation

  • Market Total Value: $133,812
  • Market Land Value: $22,104
  • Market Improvement Value: $111,708

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,604
  • Assessed Land Value: $7,368
  • Assessed Improvements Value: $37,236

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 05, 2022
  • Current Sale Recording Date: May 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 39053
  • Previous Sale Recording Date: Apr 25, 2014
  • Previous Sale Contract Date: Apr 11, 2014
  • Previous Sale Amount: $69,500
  • Previous Sale Document Type: 69
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

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MRED

Listed by: Veronica Shanks, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11358047
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 377 Cass Street built and last sold?
The property at 377 Cass Street was built in 1953 and last sold on May 5, 2022 for $155,000.
How much is this home worth?
The estimated value of the home located at 377 Cass Street is $0.
What are some comparable homes to 377 Cass Street?
There are currently no comparable homes to 377 Cass Street.
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