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Crete 60417
378 Coventry Lane
$407,000
● House - Off Market

378 Coventry Lane

Crete, IL 60417
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,701 Ft²
$417,945
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

SUN FILLED HOME IN FOREST GLEN ESTATES | Beautiful, contemporary two-story home located on a quiet cul-de-sac in desirable Forest Glen Estates, just a few minutes from Main Street in Crete. The open-flow main level features a statement entryway, hardwood inlay floors, generously sized rooms, eat-in kitchen with picturesque view of the expansive backyard. Stainless steel appliances in the kitchen with direct access to the patio. Upstairs yields to an ginormous primary en-suite bedroom with two walk-in closets and three more generously sized bedrooms. The dry lower level is a blank slate waiting for your big ideas. If you're looking for a large home on a quiet street, this home is the one you're looking for.
Unit Size
2,701 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$148
Property Type
House
Property Taxes
$884
HOA Dues
-
Year Built
2003

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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 #11634138)

Price History

Date / Event Date Event Price
Feb 15, 2023 Sold
Premium
Sold
Sep 30, 2022 Listed by Redfin Corporation $399,999
Listed by Redfin Corporation

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,239
  • Garage Type: 1
  • Garage Square Area: 537
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,339
  • Total Building Area: 4,477
  • Building Area: 2,701
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,701
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST GLEN ESTATES UNIT 3
  • Land Acres: 0000000540
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 34 IN FOREST GLEN ESTATES UNIT 3, A SUB OF PRT OF THE E1/2 OF THE NW1/2 OF SEC. 9, T34N-R14E.

Neighborhood

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

Geography

  • Parcel: 23-15-09-109-005
  • Lot: 34
  • Meridian: SEC 09 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.4539
  • Longitude: -87.6267

    Address

  • Full Address: 378 Coventry Ln
  • Legal Unit: 3
  • Address - House Number: 378
  • Address - Street Name: Coventry
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Crete
  • Carrier Code: R008
  • 4-Digit Zip Code: 1912
  • Zip Code: 60417

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,154,792
  • Tax Rate Code Area: 2325

    Appraisal Valuation

  • Standard Deviation: 0.1588
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 359,429
  • High Value: 416,516
  • Low Value: 302,341

    Market Valuation

  • Market Total Value: $313,941
  • Market Land Value: $61,110
  • Market Improvement Value: $252,831

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $104,647
  • Assessed Land Value: $20,370
  • Assessed Improvements Value: $84,277

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 08, 2023
  • Current Sale Recording Date: Mar 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10635
  • Previous Sale Recording Date: Sep 04, 2014
  • Previous Sale Contract Date: Aug 25, 2014
  • Previous Sale Amount: $207,000
  • Previous Sale Document Type: 71
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:

$293,700

Sale Price/ft²

$140

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2545 ft²

Average Home Age

55.5 years

Currently For Sale

33 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 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
Unit for rent at 23765 S Loomis Street, Crete, IL, 60417

$3,200 /mo

  • 4 Beds
  • 2 Baths
  • 2,516 ft²
23765 S Loomis Street, Crete, IL, 60417 Listing by Danielle Moy

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Wanda Austin-Wingood, Redfin Corporation
Last Updated: 3 years ago
Data Source: MRED, MLS# 11634138
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 378 Coventry Lane built and last sold?
The property at 378 Coventry Lane was built in 2003 and last sold on Feb 8, 2023 for $407,000.
How much is this home worth?
The estimated value of the home located at 378 Coventry Lane is $0.
What are some comparable homes to 378 Coventry Lane?
There are currently no comparable homes to 378 Coventry Lane.
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