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Tazewell 61734
116 W C Street
$189,000
● House - Off Market

116 W C Street

Delavan, IL 61734
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,438 Ft²
$1,100
Est. Monthly
11.58%
Cap Rate

About This Property

Beautiful UPDATED All Brick Ranch outside of Delavan walking distance to town and amenities but country freedom!  Huge open concept kitchen/dining, living room with lots of updates and quartz countertops, soft close cabinets, stainless steel appliances, large island, vaulted ceiling, and gas fireplace.  Beautiful original hardwood floors in the bedrooms.  Basement is finished and has large family room and bathroom.  First floor laundry, huge fenced in yard and partially covered walkout deck are some other nice features.  This amazing home is priced aggressively and won't last long!
Unit Size
2,438 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$78
Property Type
House
Property Taxes
$167
HOA Dues
-
Year Built
1957

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Cap Rate Calculator

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,200
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,368
  • Gross Building Area: 2,368
  • Building Area: 1,768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,768
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TEMPLETON 2ND ADDN
  • Land Acres: 0000000345
  • Standard Land Use Code: 1001
  • County Land Use Code: 510
  • Legal Description 1: SEC 09 T22N R4W TEMPLETON 2ND ADDN LOT 6 BLK 3 NE 1/4

Neighborhood

  • School District Name: Delavan Community Unit School District 703
  • Census Tract: 021900

Geography

  • District: 210
  • Section: 9
  • Parcel: 21-21-09-204-002
  • Block: 3
  • Lot: 6
  • Meridian: SEC 09 TWN 22N RNG 04W
  • Municipality: DELAVAN
  • Latitude: 40.3784
  • Longitude: -89.5492

    Address

  • Full Address: 116 W C St
  • Address - House Number: 116
  • Street Direction: W
  • Address - Street Name: C
  • Address - Suffix Type: St
  • State: IL
  • City Name: Delavan
  • Carrier Code: R001
  • 4-Digit Zip Code: 9282
  • Zip Code: 61734

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $216,054
  • Tax Rate Code Area: 21004

    Appraisal Valuation

  • Standard Deviation: 0.235
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 67
  • Final Value: 162,913
  • High Value: 201,210
  • Low Value: 124,617

    Market Valuation

  • Market Total Value: $139,290
  • Market Land Value: $9,630
  • Market Improvement Value: $129,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,430
  • Assessed Land Value: $3,210
  • Assessed Improvements Value: $43,220

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 29, 2019
  • Current Sale Recording Date: Aug 02, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201900009966
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 Tazewell

Stats & Trends

Median Asking:

$200,000

Sale Price/ft²

$114

Below Asking

0.03%

Average Days on Market

46

Average Home Size

1890 ft²

Average Home Age

70.6 years

Currently For Sale

16 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

Rentals Near You

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MRED

Listed by: Jared Litwiller, Freedom Realty
Data Source: MRED, MLS# MRD12393457
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 116 West C Street built and last sold?
The property at 116 West C Street was built in 1957 and last sold on Jul 29, 2019 for $134,000.
How much is this home worth?
The estimated value of the home located at 116 West C Street is $0.
What are some comparable homes to 116 West C Street?
There are currently no comparable homes to 116 West C Street.
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