NOT LISTED FOR SALE

3722 Crescent Dr Steger, IL 60475

Estimated Value: $180,000 - $281,000

4 Beds
3 Baths
-- Sq Ft
0.4 Acres

Last Sold June 14, 2024

Last sale price $270,000

Est. 10% decrease in value since last sale

Current estimated payment $1,601/month

9 Days on Market

Highlights

  • 0.4 Acre Lot
  • Screened Porch
  • 3 Car Attached Garage
  • Deck
  • First Floor Utility Room
  • Two Heating Systems

About This Home

As of June 2024

Single family home now classified as 3 unit legal non conforming w the Village of Steger. Large yard and 3 car garage. Rehabbed in 2016, roof is 2-3 years. Each apartment has stove and refrigerator. Upstairs and downstairs unit has laundry room for future washer/dryer. Apartment 1 w 2 beds 1 bath and central air. That apartment pays gas and electric. Owner pays utilities for the 2 other units. Unit 2 and 3 have window A/C units. Each unit has their own furnace. Lower level vacated May 1 due to job loss. If very interested in building, the other apartments will be accessed by appointment. Pre approval needs to be submitted at that time. Expenses are for full year 2023 and fully occupied. Live in one unit and rent out the other 2 for a primary residence and apply for a primary residence tax and it should be reduced.

Last Agent to Sell the Property

Vicki Melonas

RE/MAX 1st Service License #471012744 Listed on: 05/09/2024

Last Buyer's Agent

Allyson Fernandes

Coldwell Banker Real Estate Group License #475127260

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,139

Year Built

  • Built in 1990 | Remodeled in 2016

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 251x15x338x165
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Additional Parcels

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Tri-Level Property
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Screened Porch
  • First Floor Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck

Schools

  • Parkview Elementary School
  • Columbia Central Middle School
  • Bloom Trail High School

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 3 Units
  • Split Level With Sub Basement

Building Details

  • Electric Expense $1,028
  • Fuel Expense $1,682
  • Insurance Expense $1,608
  • Maintenance Expense $500
  • Trash Expense $635
  • Water Sewer Expense $870
  • Gross Income $37,200
  • Net Operating Income $32,529

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,139

Year Built

Built in 1990 | Remodeled in 2016

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Year Built: 1990
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Full, English
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Screened Porch, Utility Room-1st Floor, Utility Room-Lower Level
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Deck, Porch Screened, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 289000
  • Lot Features: Irregular Lot
  • OtherStructures: See Remarks
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights, Street Paved
  • Conversion YN: Y

Fee Information

  • Trash Expense: 635
  • Water Sewer Expenses: 870
  • Trash Expense Year: 2023

Schools

  • Elementary School: Parkview Elementary School
  • High School: Bloom Trail High School
  • Middle/Junior School: Columbia Central School
  • Middle/Junior School District: 194

Lot Info

  • Additional Parcels Description: 2315054000010000,2315054000020000
  • Additional Parcels: Yes
  • Lot Size Acres: 0.4
  • Lot Dimensions: 251X15X338X165
  • Zoning: LNC
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 32529
  • Fuel Expense: 1682
  • Insurance Expense: 1608
  • ElectricExpense: 1028
  • GrossIncome: 37200
  • Maintenance Expense: 500
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat,Converted Residence

Tax Info

  • Tax Annual Amount: 9138.52
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 11, 2024
Sold by
Soto Eli and Rosas Sandra
Bought by
Ott Brian A
Seller's Agent
Vicki Melonas
RE/MAX 1st Service
Buyer's Agent
Allyson Fernandes
Coldwell Banker Real Estate Group
List Price
$289,000
Sold Price
$270,000
Premium/Discount to List
-$19,000
-6.57%
Views
28
Current Estimated Value
$243,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,333
Avg. Annual Appreciation
-9.94%
Original Mortgage
$230,000
Outstanding Balance
$228,094
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$14,573

Purchase Details

Listed on
Jun 9, 2016
Closed on
Nov 10, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Civic Properties Llc
Seller's Agent
Chrisha Mitchell
CRM Enterprises, Inc
Buyer's Agent
Michael Campbell
DPA Realty LLC
List Price
$74,205
Sold Price
$46,599
Premium/Discount to List
-$27,606
-37.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.01%

Purchase Details

Closed on
Jun 9, 2015
Sold by
Hardin Peggy D and Turner Edmond S
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
May 7, 2015
Sold by
Turner Edmond S and Jpmorgan Chase Bank Na
Bought by
Mortgage Clearing Corporation

Purchase Details

Closed on
Jul 27, 2000
Sold by
Peterson Wayne and Wassmann Susan L
Bought by
Hardin Peggy D and Turner Edmond S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,970
Interest Rate
8.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 2000
Sold by
First United Bank
Bought by
Hardin Peggy D and Turner Edmond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,970
Interest Rate
8.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 1998
Sold by
Peterson Wayne
Bought by
First United Bank and Trust #1896

Purchase Details

Closed on
Dec 31, 1993
Sold by
First United Bank
Bought by
Peterson Wayne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.29%
Source: Public Records

Similar Homes in the area

  • 3706 Chicago Rd, Steger, IL 60475

    $215,000

    • 2 Beds
    • 2 Baths
    • 3706 Chicago Rd
    • Steger, IL

    Welcome to this charming 2-unit in Steger! Live in one unit, rent the other, live for free! This property has many updates. Low Taxes, tenants pay their own gas and electric. Luxury vinyl plank flooring throughout, granite counter tops. This property will not last long, make an appointment today!

    Kenneth Hoffman Hoffman Realtors LLC

    Section Image
  • 3121 Chicago Rd, Steger, IL 60475

    $194,900

    • 2 Beds
    • 2 Baths
    • 3121 Chicago Rd
    • Steger, IL

    Duplex, full separate basement for each unit. One bedroom, living room, kitchen with appliances. Second unit has walk in closet and pantry. Also available separate commercial building with multi uses. 12 parking spots. Two parcel # 3233308010000 & 32333080090000

    Sue Herrmann McColly Real Estate

    Section Image
  • 3035 Peoria St, Steger, IL 60475

    $199,000

    • 4 Beds
    • 2 Baths
    • 3035 Peoria St
    • Steger, IL

    Looking for a Great Investment Property? Live in one house & let the 2nd help with your mortgage! Front house features hardwood flooring throughout. Living room with fireplace. Recently updated bath. Unfinished attic space could be finished for more living space. Full basement for plenty of storage. Rear home is like new features 2 bedrooms, large living room, eat in kitchen, finished laundry

    Michele Rotondi McColly Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ott Brian A $270,000 Chicago Title Insurance Compan
Civic Properties Llc $46,599 Chicago Title
Soto Eli $50,000 Chicago Title
Secretary Of Housing & Urban Development $268,866 Attorney
Mortgage Clearing Corporation $268,866 None Available
Hardin Peggy D $155,000 --
Hardin Peggy D -- --
First United Bank -- --
Peterson Wayne D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ott Brian A $230,000
Previous Owner Hardin Peggy D $153,970
Previous Owner First United Bank $86,000
Previous Owner Peterson Wayne D $66,400
Previous Owner Peterson Wayne D $70,000
Closed Hardin Peggy D $7,698
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $270,000 -6.6% --
05/19/2024 05/19/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $289,000 +520.2% --
11/10/2016 11/10/16 Sold $46,599 -37.2% $16 / Sq Ft
10/07/2016 10/07/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $74,205 +59.2% $25 / Sq Ft
10/01/2016 10/01/16 Off Market $46,599 -- --
09/09/2016 09/09/16 Price Changed $74,205 -15.0% $25 / Sq Ft
08/15/2016 08/15/16 For Sale $87,300 0.0% $30 / Sq Ft
08/12/2016 08/12/16 Pending -- -- --
08/04/2016 08/04/16 Price Changed $87,300 -10.0% $30 / Sq Ft
06/09/2016 06/09/16 For Sale $97,000 -- $33 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $10,353 $89,360 $9,642 $79,718
2022 $9,804 $79,417 $8,569 $70,848
2021 $8,557 $72,713 $7,846 $64,867
2020 $8,434 $68,147 $7,353 $60,794
2019 $7,936 $64,048 $6,911 $57,137
2018 $7,662 $62,669 $6,762 $55,907
2017 $7,587 $57,732 $6,229 $51,503
2016 $7,990 $57,359 $6,189 $51,170
2015 $6,955 $55,823 $6,023 $49,800
2014 $6,955 $56,387 $6,084 $50,303
2013 $6,955 $59,087 $6,375 $52,712
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12048820

Midwest Real Estate Data (MRED)

APN: 15-05-302-030