Overview
This Single-Family Tax Lien is located at E Steger Rd, Crete, IL 60417. This property is Tax Lien with an estimated market value of $339,213.
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This single-family property is available as a tax lien at E Steger Rd. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Crete, specifically for E Steger Rd and comparable listings. Based on this expert analysis, the estimated market value is $339,213. If purchased for rental purposes, the monthly rental rate could range between $1,570 and $1,910, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on E Steger Rd are updated daily along with others in Crete, Illinois, ensuring you have the most current and accurate information.
There are 4 schools in the area. Nearby schools include Crete-Monee High School and Crete-Monee Middle School.
There are plenty of activities near this property like Crete Public Library, Crete Community Center, and more.
Public transportation options include: Pace Bus provides accessible public transit options for residents, connecting Crete to nearby towns and train stations for commuter service into Chicago.. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Crete Park District, Kathy M. Sweeney Park and more.
Services available in the area include cellular and internet options.
This property in Crete, IL is located in the County Clerks Subdivision.
The property located at E Steger Rd in Crete, IL is listed as a Tax Lien
The property located at E Steger Rd in Crete, Illinois has a tax lien. When annual property taxes are delinquent, a lien is immediately placed against the property that must be paid in full before it can be sold. If a homeowner fails to pay his or her real estate taxes, the government or other taxing entity may attempt to sell the property. For this reason, valuable properties may sometimes be acquired for a fraction of their true value.Tax Liens are issued when a property owner fails to pay real estate taxes in a timely manner and a taxing authority, such as a city, county, or state, declares the taxes in default.
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There is a highly organized market for real estate tax liens and many sophisticated investors buy them. Tax liens can offer higher returns than many other types of interest-bearing investments and represent an opportunity for very little cash. The market for tax lien properties is competitive and the taxing authorities have specific rules to be followed. A wise investor will research each property to make certain his investment is secure.
The estimated rental value for E Steger Rd located in Crete, IL is $1,740/month. Comparable homes around E Steger Rd that are rentals have monthly ranges starting as low as $1,570 per month and as high as $1,910 per month. An owner looking to use this property as an investment could bring a return in the area of $1,570 - $1,910 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.
| Start Date | End Date | Listing Type | Bank Name |
|---|---|---|---|
| 12/03/24 | Tax Lien |
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