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Western Springs 60558
5708 Crestview Drive
$617,500
● House - Off Market

5708 Crestview Drive

WESTERN SPRINGS, IL 60558
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,100 Ft²
$1,069,402
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

THIS STUNNING 2 STORY IN RIDGEWOOD WILL MAKE YOU WANT TO START PACKING COMPLETELY REBUILT IN 2009 INCLUDING WINDOWS AND ROOF - OPEN AND LIGHT FLOOR PLAN AND JUST THE RIGHT STYLE IT HAS IT ALL PLUS THE LARGEST AND MOST PRIVATE YARD!! HARDWOOD FLOORS ATTACHED  2.5 CAR GARAGE - HUGE FAMILY ROOM AND KITCHEN - LARGE MUD ROOM ADJACENT -  3 BEDROOMS AND LAUNDRY ROOM  ON THE SECOND FLOOR PLUS A FIRST FLOOR OFFICE OR BEDROOM WITH FULL BATH  - FULL FINISHED LOWER LEVEL WITH FIREPLACE BAR AND EXERCISE ROOM- BLUE RIBBON AWARD WINNING SCHOOLS- PARK, WALKING PATHS AND WALK TO TRAIN AND SCHOOLS. EASY ACCESS TO ALL TRANSPORTATION
Unit Size
3,100 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$216
Property Type
House
Property Taxes
$856
HOA Dues
$3
Year Built
1960

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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 #09619013)

Price History

Date / Event Date Event Price
Jul 21, 2017 Sold
Premium
Sold
May 8, 2017 Listed by Village Sotheby's International Realty $669,000
Listed by Village Sotheby's International Realty

Property Highlights

Air Conditioning
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,640
  • Total Building Area: 2,125
  • Gross Building Area: 2,125
  • Building Area: 2,125
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,125
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGEWOOD UNIT2
  • Land Acres: 0000000336
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: (RIDGEWOOD) (UNIT2) SUB OF NE SEC 18-38-12

Neighborhood

  • School District Name: Lyons Township High School District 204
  • Census Tract: 820101

Geography

  • District: 21
  • Parcel: 18-18-206-015-0000
  • Lot: 3
  • Meridian: SEC 18 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.7864
  • Longitude: -87.904

    Address

  • Full Address: 5708 Crestview Dr
  • Legal Unit: 2
  • Address - House Number: 5708
  • Address - Street Name: Crestview
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Western Springs
  • Carrier Code: C008
  • 4-Digit Zip Code: 2106
  • Zip Code: 60558

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,342,645
  • Tax Rate Code Area: 21093

    Appraisal Valuation

  • Standard Deviation: 0.2272
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 742,449
  • High Value: 911,152
  • Low Value: 573,746

    Market Valuation

  • Market Total Value: $660,000
  • Market Land Value: $131,760
  • Market Improvement Value: $528,240

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $66,000
  • Assessed Land Value: $13,176
  • Assessed Improvements Value: $52,824

    Sales

  • Current Sale Contract Date: Jul 14, 2017
  • Current Sale Recording Date: Jul 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1720215028
  • Previous Sale Recording Date: Sep 23, 2003
  • Previous Sale Contract Date: Aug 29, 2003
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Western Springs

Stats & Trends

Median Asking:

$877,000

Sale Price/ft²

$360

Above Asking

0.00%

Average Days on Market

40

Average Home Size

3236 ft²

Average Home Age

53.5 years

Currently For Sale

21 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 426 Mills Street, Hinsdale, IL, 60521

$3,450 /mo

  • 3 Beds
  • 1 Bath
  • 1,182 ft²
426 Mills Street, Hinsdale, IL, 60521 Listing by Emin Tuluce

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Village Sotheby's International Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 09619013
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 5708 Crestview Drive built and last sold?
The property at 5708 Crestview Drive was built in 1960 and last sold on Jul 14, 2017 for $617,500.
How much is this home worth?
The estimated value of the home located at 5708 Crestview Drive is $0.
What are some comparable homes to 5708 Crestview Drive?
There are currently no comparable homes to 5708 Crestview Drive.
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