First-Floor Residential Condo
For Sale
$270,000
1901 W Crestview Circle Unit 1901, Romeoville, IL 60446
An end-unit layout pairs a primary suite with in-unit laundry and a private patio.
Property Size1,300 SF
Price / SF$207.69
Days on Market69
Property Features for 1901 W Crestview Circle Unit 1901
General Information
Standard status
Active
Size
1,300 SF
Property subtype
Condo,Townhouse-Ranch,Ground Level Ranch
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,078
Amenities
patio
main floor laundry
Building Details
Building Size
1,300 SF
Year Built
2005
Construction
Ranch
Listing Agency:
CRIS Realty
(815) 474-1450
Listed By:
Christine Kaczmarski · License #475132142
(815) 485-5050
Source:
Angelawalkerhomes
Added: Aug 21
Changed: Oct 26
Last Checked: Oct 26 at 2:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CRIS Realty
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Investment Insights
Based on property information with market context.
This 1,300-square-foot, first-floor end-unit residence was built in 2005. Its open living and dining area has luxury vinyl flooring and a sliding glass door leading to a patio. The kitchen includes a pantry, breakfast nook, and ample cabinet and counter space. The primary suite features a walk-in closet and a private bathroom with a shower and soaking tub; another bedroom and main-floor laundry complete the layout.
Expressways, dining, shopping, and Plainfield North High School are nearby.
Expressways, dining, shopping, and Plainfield North High School are nearby.
Key Highlights
- 1,300 square feet
- Built in 2005
- First‑floor end‑unit condo with patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,081
Cap Rate
5.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,620
$301.6K
Cap Rate 7%
$215,443
$215.4K
Cap Rate 9%
$167,567
$167.6K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$29.5K $22.68/SF
− Vacancy
−$2.1K −$1.59/SF
EGI
$27.4K $21.09/SF
− OpEx
−$12.3K −$9.49/SF
NOI
$15.1K $11.60/SF
Area
Will County, IL
Vacancy
7.00%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,620
Cap Rate 7%
$215,443
Cap Rate 9%
$167,567
Alternative Uses
Best Use
Apartment 5plus
$215.4K
$188.5K – $251.4K
NOI $15,081 @ 7.0% cap · market cap 5.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$294.8K
$258.0K – $344.0K
NOI $20,639 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
131
Businesses Nearby
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Business Placement
Demographics for 60446, IL
40,465
Population
13,986
Households
2.9
Avg Household Size
36
Median Age
23%
College-Educated
84%
High-School Grad
19.5 sq mi
ZIP Area
2,075
Density / Sq Mi
$99,461
Median Household Income
$41,908
Median Earnings
$1,894
Median Rent
$245,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - An end-unit layout pairs a primary suite with in-unit laundry and a private patio.
Where is this residential income property located?
The property is located at 1901 W Crestview Circle Unit 1901 Romeoville, IL.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: 1,300 square feet; Built in 2005; First‑floor end‑unit condo with patio
