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Monroe Center 61052
102 Main Street
$180,000
● House - Off Market

102 Main Street

Monroe Center, IL 61052
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,534 Ft²
$1,140
Est. Monthly
14.40%
Cap Rate

About This Property

This Tri-level in Monroe Center has great curb appeal and is in a fantastic location.  Outside you have a garden shed with an attached work shed, a fenced-in backyard, and nice landscaping.  You are greeted with a living room and kitchen on the main floor and all 3 bedrooms are upstairs with a full remodeled bathroom. On the lower level, you have a huge family room, a laundry area, and steps going up to the outside backyard.  There is also a crawl space for tons of extra storage and another full bathroom with a shower.  Other features are gutter guards, a workbench in the garage,  newer carpet in the family room, and a dishwasher and sump pump within the last 4 years. Quick possession.
Unit Size
1,534 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$121
Property Type
House
Property Taxes
$232
HOA Dues
-
Year Built
1976

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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.

Last updated: 3 years ago (MRED MLS #11928207)

Price History

Date / Event Date Event Price
Dec 19, 2023 Sold
Premium
Sold
Nov 10, 2023 Listed by Keller Williams Realty Signature $184,900
Listed by Keller Williams Realty Signature

Property Highlights

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,836
  • Building Area: 1,836
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,836
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: RNG/BLK:2 TWP:42 SECT/LOT:21 E 101FT W 385FT E BLK 5 EX N 41FT E 16FT THEREOF SE4 SEC 21-42-2

Neighborhood

  • School District Name: Meridian Community Unit School District 223
  • Census Tract: 961001

Geography

  • District: 15
  • Parcel: 12-21-430-013
  • Block: 2,5
  • Lot: 21
  • Meridian: SEC 21 TWN 42 RNG 02
  • Municipality: MONROE
  • Latitude: 42.0984
  • Longitude: -88.9986

    Address

  • Full Address: 102 Main St
  • Address - House Number: 102
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: IL
  • City Name: Monroe Center
  • Carrier Code: R777
  • 4-Digit Zip Code: 9806
  • Zip Code: 61052

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $278,238
  • Tax Rate Code Area: 1544

    Appraisal Valuation

  • Standard Deviation: 0.222
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 156,121
  • High Value: 190,789
  • Low Value: 121,454

    Market Valuation

  • Market Total Value: $99,810
  • Market Land Value: $15,795
  • Market Improvement Value: $84,015

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,270
  • Assessed Land Value: $5,265
  • Assessed Improvements Value: $28,005

    Sales

  • Current Sale Contract Date: Sep 18, 2015
  • Current Sale Recording Date: Sep 24, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201505566

    Financing

  • First Mortgage Financing Type: FIX
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 Monroe Center

Stats & Trends

Median Asking:

$220,000

Sale Price/ft²

$157

Above Asking

0.00%

Average Days on Market

56

Average Home Size

1636 ft²

Average Home Age

47.3 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Robin Henry, Keller Williams Realty Signature
Last Updated: 3 years ago
Data Source: MRED, MLS# 11928207
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 102 Main Street built and last sold?
The property at 102 Main Street was built in 1976 and last sold on Sep 18, 2015 for $37,500.
How much is this home worth?
The estimated value of the home located at 102 Main Street is $0.
What are some comparable homes to 102 Main Street?
There are currently no comparable homes to 102 Main Street.
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