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Addison 60101
612 N Craig Place
$395,000
● House - Off Market

612 N Craig Place

Addison, IL 60101
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,396 Ft²
$2,022
Est. Monthly
8.37%
Cap Rate

About This Property

Multiple offers received. Highest and best Monday September 8th by 11:00 AM. Charming split-level with great curb appeal offers an opportunity to personalize it to your own visioin. Large sun-flooded living room welcomes you upon entrance and leads to dinning room and fully applianced kitchen. Over 1970 of living space including cozy family room on lower level boasting a beautiful fireplace. Spacious bedrooms with ample closet space and a good size full bath on the upper level. Hardwood floors throughout. New furnace and AC. Located on a quiet street, featuring 2-car garage and a fenced back yard.
Unit Size
1,396 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$257
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1959

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 41
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 110
  • Lot Size Frontage Feet: 64
  • Total Building Area: 1,969
  • Gross Building Area: 1,969
  • Building Area: 1,969
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,969
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOESKE KLOCK ADD TO ADDISON
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: BOESKE KLOCK ADD TO ADDISON UNIT 2

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: ADDISON
  • Census Tract: 840104

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2970-D4
  • Parcel: 03-20-415-011
  • Lot: 95
  • Municipality: ADDISON
  • Latitude: 41.9383
  • Longitude: -87.9999

    Address

  • Full Address: 612 N Craig Pl
  • Legal Unit: 2
  • Address - House Number: 612
  • Street Direction: N
  • Address - Street Name: Craig
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Addison
  • Carrier Code: C004
  • 4-Digit Zip Code: 2502
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $361,470
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 357,400
  • High Value: 418,441
  • Low Value: 296,360

    Market Valuation

  • Market Total Value: $274,800
  • Market Land Value: $103,590
  • Market Improvement Value: $171,210

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $91,600
  • Assessed Land Value: $34,530
  • Assessed Improvements Value: $57,070

    Sales

  • Current Sale Contract Date: Jul 21, 1997
  • Current Sale Recording Date: Jul 25, 1997
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R97-108374
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 Addison

Stats & Trends

Median Asking:

$399,950

Sale Price/ft²

$222

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1979 ft²

Average Home Age

37.8 years

Currently For Sale

46 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 125 S Maple Street, Itasca, IL, 60143

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,790 ft²
125 S Maple Street, Itasca, IL, 60143 Listing by James Diestel

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Anna Tabeau, Coldwell Banker Realty
Data Source: MRED, MLS# MRD12463529
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 612 North Craig Place built and last sold?
The property at 612 North Craig Place was built in 1959 and last sold on Jul 21, 1997 for $150,000.
How much is this home worth?
The estimated value of the home located at 612 North Craig Place is $0.
What are some comparable homes to 612 North Craig Place?
There are currently no comparable homes to 612 North Craig Place.
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