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Crete 60417
412 Herman Street
$120,000
● House - Off Market

412 Herman Street

Crete, IL 60417
bedrooms
4 Beds
bathrooms
2 Baths
square feet
3,608 Ft²
$141,919
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Come view this charming two story fixer upper. Huge eat in kitchen, 2 full baths, hardwood floors throughout. This home has character and good bones.
Unit Size
3,608 Ft²
Days on Market
-
Land Size
-
Price per sqft
$39
Property Type
House
Property Taxes
$491
HOA Dues
-
Year Built
1904

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Cap Rate Calculator

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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 #11242143)

Price History

Date / Event Date Event Price
Apr 27, 2022 Sold
Premium
Sold
Oct 8, 2021 Listed by Keller Williams Infinity $140,000
Listed by Keller Williams Infinity

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1904
  • Effective Year Built: 1904
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,088
  • Garage Type: 4
  • Garage Square Area: 624
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 119,790
  • Lot Size Depth Feet: 3,960
  • Lot Size Frontage Feet: 990
  • Total Building Area: 3,608
  • Building Area: 1,896
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 11
  • Heated Square Feet: 1,896
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TATGES ADDITION TO CRETE
  • Land Acres: 0000002750
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: THE E 6 RODS (99 FT) OF THE W 2.75 ACS OF OUTLOT C, IN TATGE'S ADDN TO CRETE, A SUB PRT OF THE W1/2 OF THE NW1/4 OF SEC 16 S

Neighborhood

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

Geography

  • Parcel: 23-15-16-115-010
  • Meridian: SEC 17 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.4397
  • Longitude: -87.6274

    Address

  • Full Address: 412 Herman St
  • Address - House Number: 412
  • Address - Street Name: Herman
  • Address - Suffix Type: St
  • State: IL
  • City Name: Crete
  • Carrier Code: C004
  • 4-Digit Zip Code: 2906
  • Zip Code: 60417

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $646,552
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 2325

    Appraisal Valuation

  • Standard Deviation: 0.1727
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 202,530
  • High Value: 237,526
  • Low Value: 167,535

    Market Valuation

  • Market Total Value: $183,693
  • Market Land Value: $51,657
  • Market Improvement Value: $132,036

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,231
  • Assessed Land Value: $17,219
  • Assessed Improvements Value: $44,012

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 27, 2022
  • Current Sale Recording Date: Apr 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33975
  • Previous Sale Recording Date: Apr 27, 2011
  • Previous Sale Contract Date: Apr 01, 2011
  • Previous Sale Amount: $132,500
  • 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:

$295,250

Sale Price/ft²

$139

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2490 ft²

Average Home Age

62.7 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

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MRED

Listed by: Kristina Hamilton, Keller Williams Infinity
Last Updated: 3 years ago
Data Source: MRED, MLS# 11242143
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 412 Herman Street built and last sold?
The property at 412 Herman Street was built in 1904 and last sold on Apr 27, 2022 for $120,000.
How much is this home worth?
The estimated value of the home located at 412 Herman Street is $0.
What are some comparable homes to 412 Herman Street?
There are currently no comparable homes to 412 Herman Street.
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