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Cary 60013 Cary Woods
103 Spring Street
$200,000
● House - Off Market

103 Spring Street

Cary, IL 60013
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,220 Ft²
$1,524
Est. Monthly
8.70%
Cap Rate

About This Property

Built in 1890 one of Cary's oldest. Located adjacent to downtown area. Two bedrooms with a possible one on first floor. Big rooms with great space and floor plan. Literally 1 block to Metra and downtown restaurants and bars. Currently a little beat up but unbelievable potential as a classic Turn of the Century 4 Square.
Unit Size
1,220 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$184
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 800
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,020
  • Building Area: 1,220
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,220
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORIG PLAT VILL OF CARY
  • Land Acres: 0000000200
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2019R0037675 LT 1 BLK 4 ORIG PLAT VILL OF CARY

Neighborhood

  • School District Name: Cary Community Consolidated School District 26
  • Census Tract: 871600

Geography

  • Parcel: 19-13-282-001
  • Block: 4
  • Lot: 1
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2076
  • Longitude: -88.241

    Address

  • Full Address: 103 Spring St
  • Address - House Number: 103
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: IL
  • City Name: Cary
  • Carrier Code: C012
  • 4-Digit Zip Code: 2816
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $501,912
  • Tax Rate Code Area: 19007

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 239,226
  • High Value: 282,653
  • Low Value: 195,800

    Market Valuation

  • Market Total Value: $160,806
  • Market Land Value: $52,725
  • Market Improvement Value: $108,081

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,602
  • Assessed Land Value: $17,575
  • Assessed Improvements Value: $36,027

    Sales

  • Current Sale Contract Date: Nov 17, 2000
  • Current Sale Recording Date: Nov 22, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2000R0064319

    Financing

  • First Mortgage Financing Type: ADJ
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 Cary Woods

Stats & Trends

Median Asking:

$288,500

Sale Price/ft²

$157

Above Asking

0.00%

Average Days on Market

38

Average Home Size

1872 ft²

Average Home Age

22 years

Currently For Sale

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

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MRED

Listed by: John Trandel, Baird & Warner
Data Source: MRED, MLS# MRD12137664
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 103 South Spring Street built and last sold?
The property at 103 South Spring Street was built in and last sold on Nov 17, 2000 for $111,500.
How much is this home worth?
The estimated value of the home located at 103 South Spring Street is $0.
What are some comparable homes to 103 South Spring Street?
There are currently no comparable homes to 103 South Spring Street.
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