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Crete 60417
393 Division Street
$235,000
● House - Off Market

393 Division Street

Crete, IL 60417
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,643 Ft²
$233,051
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Impeccably maintained home within walking distance of Downtown Crete and Heritage Park. This rarely available ranch home sits on a spacious corner lot with 3 bd, 2 bd, 2.5 heated attached garage with its own furnace and thermostat. Front loading washer and dryer. Kohler whole house generator (2013) powered by piped natural gas. The generator automatically goes on within 10 seconds of power going off.  2014 water heater, roof 2008 with 30 year warranty. 2011-U Crete-Monee school district. Property is being sold AS IS.
Unit Size
1,643 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$140
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1952

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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 #11328797)

Price History

Date / Event Date Event Price
Apr 7, 2022 Sold
Premium
Sold
Mar 1, 2022 Listed by Platinum Partners Realtors $229,900
Listed by Platinum Partners Realtors

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • 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: 1
  • Garage Square Area: 624
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,318
  • Total Building Area: 2,267
  • Building Area: 1,643
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,643
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: H SCHRAGES
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 4 IN THE SUB OF BLK 2, OF H SCHRAGE'S SUB, BEING A SUB OF PRT OF THE E1/2 OF THE SW1/4 OF SEC 9, T34N-R14E.

Neighborhood

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

Geography

  • Parcel: 23-15-09-334-010
  • Block: 2
  • Lot: 4
  • Meridian: SEC 09 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.4426
  • Longitude: -87.6268

    Address

  • Full Address: 393 Division St
  • Address - House Number: 393
  • Address - Street Name: Division
  • Address - Suffix Type: St
  • State: IL
  • City Name: Crete
  • Carrier Code: C004
  • 4-Digit Zip Code: 2917
  • Zip Code: 60417

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $452,496
  • Tax Rate Code Area: 2325

    Appraisal Valuation

  • Standard Deviation: 0.2294
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 68
  • Final Value: 242,579
  • High Value: 298,235
  • Low Value: 186,923

    Market Valuation

  • Market Total Value: $148,962
  • Market Land Value: $24,570
  • Market Improvement Value: $124,392

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,654
  • Assessed Land Value: $8,190
  • Assessed Improvements Value: $41,464

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 05, 2022
  • Current Sale Recording Date: Apr 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 30184
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:

$294,950

Sale Price/ft²

$140

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2530 ft²

Average Home Age

55 years

Currently For Sale

36 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 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: Denise Nelson, Platinum Partners Realtors
Last Updated: 3 years ago
Data Source: MRED, MLS# 11328797
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 393 Division Street built and last sold?
The property at 393 Division Street was built in 1952 and last sold on Apr 5, 2022 for $235,000.
How much is this home worth?
The estimated value of the home located at 393 Division Street is $233,909.
What are some comparable homes to 393 Division Street?
There are currently no comparable homes to 393 Division Street.
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