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Crete 60417
415 Crete Boulevard
$140,000
● House - Off Market

415 Crete Boulevard

Crete, IL 60417
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$151,936
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Here you go! This AFFORDABLE ranch style home WITH FULL FINISHED BASEMENT is the one you've been waiting for! Bright & cheerful main level with living room, eat-in kitchen, full bath & THREE upper level bedrooms with gleaming hardwood floors. Full basement features large recreation room, second kitchen and large utility room. Additional PRIVATE space downstairs is large tandem room currently divided into 2 rooms and is perfect for work at home, study at home or for the gaming enthusiast! Big pretty yard in spectacular location in Crete's historic downtown district. Needs redecorating but what a great price for all this space!
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$130
Property Type
House
Property Taxes
$149
HOA Dues
-
Year Built
1966

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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 #11204400)

Price History

Date / Event Date Event Price
Oct 15, 2021 Sold
Premium
Sold
Aug 30, 2021 Listed by RE/MAX 2000 $135,000
Listed by RE/MAX 2000

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • 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: 9,148
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SCHOOL TRUSTEES
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: THAT PRT OF LOT 7 OF SCHOOL TRUSTEE'S SUB OF SEC 16, T34N-R14E DESC AND BOUNDED AS FOLLOWS: LYING S OF A LN 73.75 FT N OF AND

Neighborhood

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

Geography

  • Parcel: 23-15-16-118-012
  • Lot: 7
  • Meridian: SEC 16 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.4374
  • Longitude: -87.6276

    Address

  • Full Address: 415 Crete Blvd
  • Address - House Number: 415
  • Address - Street Name: Crete
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Crete
  • Carrier Code: C004
  • 4-Digit Zip Code: 3113
  • Zip Code: 60417

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $435,428
  • Tax Rate Code Area: 2305

    Appraisal Valuation

  • Standard Deviation: 0.1727
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 157,671
  • High Value: 184,916
  • Low Value: 130,427

    Market Valuation

  • Market Total Value: $144,588
  • Market Land Value: $25,200
  • Market Improvement Value: $119,388

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,196
  • Assessed Land Value: $8,400
  • Assessed Improvements Value: $39,796

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Feb 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15206
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

2117 ft²

Average Home Age

68 years

Currently For Sale

29 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Susan Rossi, RE/MAX 2000
Last Updated: 3 years ago
Data Source: MRED, MLS# 11204400
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 415 Crete Boulevard built and last sold?
The property at 415 Crete Boulevard was built in 1966 and last sold on Oct 13, 2021 for $140,000.
How much is this home worth?
The estimated value of the home located at 415 Crete Boulevard is $137,859.
What are some comparable homes to 415 Crete Boulevard?
There are currently no comparable homes to 415 Crete Boulevard.
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