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Gridley 61744
112 W 6th Street
$149,900
● House - Off Market

112 W 6th Street

Gridley, IL 61744
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,126 Ft²
$927
Est. Monthly
18.83%
Cap Rate

About This Property

Wow! So many updates in this 3 Bedroom, 2 Full Bathroom house! Kitchen has new solid surface counter-tops, new sink, new stove and new floors!  House has new fresh paint throughout, and new LVP flooring throughout most of the house. A new bathroom was just added too. There is a huge, attached, oversized 2 car garage. Large backyard had tons of room. Most of the plumbing has been upgraded in 2025. Furnace & water heater new in 2019.  This house has beautiful updates and is move-in ready!
Unit Size
1,126 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$133
Property Type
House
Property Taxes
$190
HOA Dues
-
Year Built
1889

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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

  • Year Built: 1889
  • Effective Year Built: 1889
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,018
  • Total Building Area: 859
  • Gross Building Area: 859
  • Building Area: 859
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 859
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE OF GRIDLEY
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: VILLAGE OF GRIDLEY LOT 11 BLK 4

Neighborhood

  • School District Name: El Paso-Gridley Community Unit School District 11
  • Census Tract: 005102

Geography

  • District: 17
  • Parcel: 02-04-328-011
  • Block: 4
  • Lot: 11
  • Meridian: SEC 04 TWN 26N RNG 03E
  • Municipality: GRIDLEY
  • Latitude: 40.7459
  • Longitude: -88.8826

    Address

  • Full Address: 112 W 6th St
  • Address - House Number: 112
  • Street Direction: W
  • Address - Street Name: 6th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Gridley
  • Carrier Code: R001
  • 4-Digit Zip Code: 9779
  • Zip Code: 61744

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $180,698
  • Tax Rate Code Area: 1701

    Appraisal Valuation

  • Standard Deviation: 0.4855
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 2
  • Final Value: 223,849
  • High Value: 332,528
  • Low Value: 115,169

    Market Valuation

  • Market Total Value: $78,780
  • Market Land Value: $8,058
  • Market Improvement Value: $70,722

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,260
  • Assessed Land Value: $2,686
  • Assessed Improvements Value: $23,574
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 Gridley

Stats & Trends

Median Asking:

$199,999

Sale Price/ft²

$85

Below Asking

0.05%

Average Days on Market

54

Average Home Size

2434 ft²

Average Home Age

88.2 years

Currently For Sale

5 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: Willow Gramm, RE/MAX Choice
Data Source: MRED, MLS# MRD12379623
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 112 West 6th Street built and last sold?
The property at 112 West 6th Street was built in 1889 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 112 West 6th Street is $149,005.
What are some comparable homes to 112 West 6th Street?
There are currently no comparable homes to 112 West 6th Street.
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