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Will 60468
10550 W Offner Road
$350,000
● House - Off Market

10550 W Offner Road

PEOTONE, IL 60468
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,600 Ft²
$565,369
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Country Living at its finest! Beautiful Peotone Home Fully Remodeled featuring: 4 bedrooms- Master suite, 3 baths with over 2,600 square feet of living space! Master suit with a stunning bath. 5 Acres of beautiful property that is zoned A1 and allows horses, including a shared pond in the back of the property! 2 car attached garage and 23 x 25 detached Barn. EVERYTHING IS NEW: Beautiful Teak Wood flooring throughout main level, Wood tile in the lower, Stunning Kitchen with Granite and SS appliances. Beautiful cabinetry built in entertainment center. Wood Burning Oven in the family room keeps this home cozy warm. Electrical/ Plumbing updated. Double insulated- keeps utility bills low.  Brand New windows and Roof- with lifetime transferable warranty. This home is a must see! Move in Ready!
Unit Size
2,600 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$135
Property Type
House
Property Taxes
$702
HOA Dues
-
Year Built
1979

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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 #09509124)

Price History

Date / Event Date Event Price
May 1, 2017 Sold
Premium
Sold
Feb 20, 2017 Listed by Exit Strategy Realty $349,900
Listed by Exit Strategy Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Lot Size Depth Feet: 9,310
  • Lot Size Frontage Feet: 2,350
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 2
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005000
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: THE E 235 FT OF THE W 265 FT (EX THE N 395 FT) OF THE SE1/4 OF THE SE1/4 SEC 32 T34N-R12E.

Neighborhood

  • School District Name: Peotone Community Unit School District 207U
  • Census Tract: 883507

Geography

  • Parcel: 18-13-32-400-007
  • Meridian: SEC 32 TWN 34N RNG 12E
  • Municipality: GREEN GARDEN
  • Latitude: 41.3827
  • Longitude: -87.8678

    Address

  • Full Address: 10550 W Offner Rd
  • Address - House Number: 10550
  • Street Direction: W
  • Address - Street Name: Offner
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Peotone
  • Carrier Code: R001
  • 4-Digit Zip Code: 9641
  • Zip Code: 60468

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $821,644
  • Tax Rate Code Area: 1805

    Appraisal Valuation

  • Standard Deviation: 0.1501
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 549,817
  • High Value: 632,384
  • Low Value: 467,250

    Market Valuation

  • Market Total Value: $424,272
  • Market Land Value: $113,832
  • Market Improvement Value: $310,440

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $141,424
  • Assessed Land Value: $37,944
  • Assessed Improvements Value: $103,480

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 01, 2017
  • Current Sale Recording Date: May 16, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2017037858
  • Previous Sale Recording Date: Apr 02, 2012
  • Previous Sale Contract Date: Feb 29, 2012
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: 71
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 Will

Stats & Trends

Median Asking:

$389,990

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2351 ft²

Average Home Age

33.9 years

Currently For Sale

1490 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: , Exit Strategy Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 09509124
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 10550 West Offner Road built and last sold?
The property at 10550 West Offner Road was built in 1979 and last sold on May 1, 2017 for $350,000.
How much is this home worth?
The estimated value of the home located at 10550 West Offner Road is $0.
What are some comparable homes to 10550 West Offner Road?
There are currently no comparable homes to 10550 West Offner Road.
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