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Matteson 60443
745 Harvard Lane
$191,000
● House - Off Market

745 Harvard Lane

Matteson, IL 60443
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,245 Ft²
$1,410
Est. Monthly
11.43%
Cap Rate

About This Property

Welcome to this beautiful 3-bedroom, 1-bathroom brick & vinyl ranch-style home in the heart of Matteson. With over 1,200 square feet of living space, this home showcases an updated kitchen and bath, fresh carpeting, modern furnace, new windows, and central A/C. The generous living and dining rooms create an ideal entertainment space, complemented by sliding glass doors that open to a spacious concrete patio and fully fenced backyard-perfect for outdoor gatherings.    The detached 2-car garage provides both convenience and extra storage. Nestled in a quiet neighborhood, this home sits within walking distance to local schools and parks. Quick access to major highways makes commuting a breeze. This move-in-ready gem awaits-schedule your showing today!
Unit Size
1,245 Ft²
Days on Market
-
Land Size
-
Price per sqft
$155
Property Type
House
Property Taxes
$462
HOA Dues
-
Year Built
1975

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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

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,930
  • Total Building Area: 1,245
  • Gross Building Area: 1,245
  • Building Area: 1,245
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,245
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRICKET HILL
  • Land Acres: 0000000205
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: LOT 79 IN CRICKET HILL PART OF W2 N W4 OF SEC21 T35N R13E 3P

Neighborhood

  • School District Name: Elementary School District 159
  • Census Tract: 830004

Geography

  • District: 32
  • Parcel: 31-21-106-002-0000
  • Lot: 79
  • Meridian: SEC 21 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5122
  • Longitude: -87.7498

    Address

  • Full Address: 745 Harvard Ln
  • Address - House Number: 745
  • Address - Street Name: Harvard
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Matteson
  • Carrier Code: C008
  • 4-Digit Zip Code: 1539
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $554,701
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 32036

    Appraisal Valuation

  • Standard Deviation: 0.2609
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 200,025
  • High Value: 252,227
  • Low Value: 147,823

    Market Valuation

  • Market Total Value: $160,000
  • Market Land Value: $35,720
  • Market Improvement Value: $124,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,000
  • Assessed Land Value: $3,572
  • Assessed Improvements Value: $12,428

    Sales

  • Current Sale Contract Date: Dec 01, 2017
  • Current Sale Recording Date: Dec 26, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1736013082
  • Previous Sale Recording Date: Jul 14, 2014
  • Previous Sale Contract Date: Jul 07, 2014
  • Previous Sale Amount: $100,000
  • 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 Matteson

Stats & Trends

Median Asking:

$268,900

Sale Price/ft²

$151

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1708 ft²

Average Home Age

44.9 years

Currently For Sale

40 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

Rentals Near You

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MRED

Listed by: Michael Scanlon, eXp Realty, LLC
Data Source: MRED, MLS# MRD12313054
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 745 Harvard Lane built and last sold?
The property at 745 Harvard Lane was built in 1975 and last sold on Dec 1, 2017 for $1,560,500.
How much is this home worth?
The estimated value of the home located at 745 Harvard Lane is $0.
What are some comparable homes to 745 Harvard Lane?
There are currently no comparable homes to 745 Harvard Lane.
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