See Home Value
Crete 60417
8 Berk Lane
$275,000
● House - Off Market

8 Berk Lane

Crete, IL 60417
bedrooms
4 Beds
bathrooms
3 Baths
square feet
4,017 Ft²
$1,986
Est. Monthly
9.07%
Cap Rate

About This Property

Welcome to 8 Berk Lane in the desirable Lincolnshire Subdivision of Crete!        This expansive quad-level home sits on three parcels and offers just under 5,000 square feet of living space. Featuring 4 bedrooms, 3 full bathrooms, plus a bonus office area conveniently located off the living room/kitchen, this property provides both functionality and endless potential.        While this home is not a move-in ready HGTV-style property, it is the perfect opportunity for buyers looking to create their dream home. Hardwood floors lie beneath the carpeting, just waiting to be revealed. The spacious eat-in kitchen, large family room, and basement provide ample room for gatherings and entertainment.    Situated on a wooded lot, the backyard offers beautiful views and attracts local wildlife such as deer and foxes-ideal for nature lovers seeking peace and privacy.    This is truly a rare chance to add sweat equity and transform this home into something spectacular in one of Crete's most established neighborhoods.    Please Note: This is an estate sale and the property is being sold as-is, where-is. The seller will not negotiate based on inspection findings, so buyers are encouraged to complete their due diligence prior to submitting an offer.    Don't miss this opportunity to unlock the full potential of 8 Berk Lane and make it your next place to call home!
Unit Size
4,017 Ft²
Days on Market
-
Land Size
-
Price per sqft
$67
Property Type
House
Property Taxes
$660
HOA Dues
-
Year Built
1978

Payment Calculator

Cap Rate Calculator

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 840
  • Garage Type: 1
  • Garage Square Area: 696
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,665
  • Total Building Area: 4,017
  • Building Area: 2,481
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,481
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LINCOLNSHIRE ESTATES UNIT #4
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 18 BLOCK 5 IN LINCOLNSHIRE ESTATES UNIT 4, A SUB OF PRTS OF THE NE1/4 THE E1/2 OF THE SE1/4 OF SEC 4, T34N-R14E (EX THRF

Neighborhood

  • School District Name: Crete-Monee Community Unit School District 201-U
  • Census Tract: 883810

Geography

  • Parcel: 23-15-04-216-001
  • Block: 5
  • Lot: 18
  • Meridian: SEC 04 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.4673
  • Longitude: -87.6156

    Address

  • Full Address: 8 Berk Ln
  • Legal Unit: 4
  • Address - House Number: 8
  • Address - Street Name: Berk
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Crete
  • Carrier Code: R002
  • 4-Digit Zip Code: 1002
  • Zip Code: 60417

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $643,144
  • Tax Rate Code Area: 2325

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 294,061
  • High Value: 335,808
  • Low Value: 252,314

    Market Valuation

  • Market Total Value: $182,820
  • Market Land Value: $17,970
  • Market Improvement Value: $164,850

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,940
  • Assessed Land Value: $5,990
  • Assessed Improvements Value: $54,950

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 28, 2000
  • Current Sale Recording Date: Oct 10, 2000
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: R2000109799
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Crete


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 8 Berk Lane built and last sold?
The property at 8 Berk Lane was built in 1978 and last sold on Sep 28, 2000 for $187,000.
How much is this home worth?
The estimated value of the home located at 8 Berk Lane is $291,930.
What are some comparable homes to 8 Berk Lane?
There are currently no comparable homes to 8 Berk Lane.