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Bourbonnais 60914
1071 Yale Avenue
$205,000
● House - Off Market

1071 Yale Avenue

Bourbonnais, IL 60914
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,005 Ft²
$1,269
Est. Monthly
12.09%
Cap Rate

About This Property

This charming ranch-style home, located in the desirable Village Meadows neighborhood in Bourbonnais, offers three bedrooms and one bathroom. It's ideally situated near a playground and a baseball/softball field, perfect for family activities and outdoor fun.  The home features an open layout with a family room, and large kitchen area with plenty of cabinets.   There is an attached one-car garage with a newer garage door.  With its inviting layout and prime location, this home is a wonderful choice for those seeking a cozy and well-maintained living space. The home has been thoughtfully updated with a newer water heater, plumbing, and air conditioning, ensuring modern comfort and efficiency.  Call today for your private showing!
Unit Size
1,005 Ft²
Days on Market
-
Land Size
-
Price per sqft
$199
Property Type
House
Property Taxes
$287
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

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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 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: 8,291
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE MEADOWS 1ST ADD
  • Land Acres: 0000000190
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: VILLAGE MEADOWS 1ST ADDN LOT 5 17-31-12E

Neighborhood

  • School District Name: Bourbonnais School District 53
  • Census Tract: 010602

Geography

  • District: 17
  • Parcel: 17-09-17-104-055
  • Lot: 5
  • Municipality: BOURBONNAIS
  • Latitude: 41.1721
  • Longitude: -87.8693

    Address

  • Full Address: 1071 Yale Ave
  • Address - House Number: 1071
  • Address - Street Name: Yale
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Bourbonnais
  • Carrier Code: C004
  • 4-Digit Zip Code: 1131
  • Zip Code: 60914

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $327,308
  • Tax Rate Code Area: 17027

    Appraisal Valuation

  • Standard Deviation: 0.2056
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 166,501
  • High Value: 200,793
  • Low Value: 132,208

    Market Valuation

  • Market Total Value: $143,478
  • Market Land Value: $18,228
  • Market Improvement Value: $125,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,826
  • Assessed Land Value: $6,076
  • Assessed Improvements Value: $41,750

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 29, 2014
  • Current Sale Recording Date: Sep 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 36
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 Bourbonnais

Stats & Trends

Median Asking:

$295,000

Sale Price/ft²

$173

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1854 ft²

Average Home Age

28.8 years

Currently For Sale

48 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

Unit for rent at 495 W River Street, Bourbonnais, IL, 60914

$2,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,715 ft²
495 W River Street, Bourbonnais, IL, 60914 Listing by Kim Van Ordstrand

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: J Andy Czako, McColly Bennett Real Estate
Data Source: MRED, MLS# MRD12303825
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 1071 Yale Avenue built and last sold?
The property at 1071 Yale Avenue was built in and last sold on Sep 29, 2014 for $95,000.
How much is this home worth?
The estimated value of the home located at 1071 Yale Avenue is $201,482.
What are some comparable homes to 1071 Yale Avenue?
There are currently no comparable homes to 1071 Yale Avenue.
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