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Bourbonnais 60914
122 W Ray Street
$189,500
● House - Off Market

122 W Ray Street

Bourbonnais, IL 60914
bedrooms
2 Beds
bathrooms
2 Baths
square feet
920 Ft²
$1,197
Est. Monthly
7.77%
Cap Rate

About This Property

Adorable, well-maintained and great floor plan in this home that back up to the Perry Farm.  The one story home has LVP flooring, beautiful kitchen cabinets and a small den or dining room with slider to patio. The laundry room has a 3/4 bath for your convenience too. The back yard has large patio and is partially fenced.  Surely you will love the backdrop of massive trees on the Park District property behind that includes the petty zoo, Exploration Station and miles of trails to explore the indigenous plants and caves. Water heater new 2023, air conditioning 2011, furnace 2004. Call today to schedule your showing. Call to schedule your appointment, 7/2/24, from 1:30-3:00 PM!
Unit Size
920 Ft²
Days on Market
-
Land Size
-
Price per sqft
$211
Property Type
House
Property Taxes
$244
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.

Last updated: 3 years ago (MRED MLS #12098116)

Price History

Date / Event Date Event Price
Aug 16, 2024 Sold
Premium
Sold
Jul 6, 2024 In contract -
In contract
Jul 1, 2024 Listed by Berkshire Hathaway HomeServices Speckman Realty $194,000
Listed by Berkshire Hathaway HomeServices Speckman Realty

Property Highlights

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: 4,400
  • 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: NUMA RAYS
  • Land Acres: 0000000101
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: NUMA RAY RESUB BLKS 1-2 LOT 3 BLK 2 19-31-12E

Neighborhood

  • School District Name: Bourbonnais School District 53
  • Census Tract: 010500

Geography

  • District: 17
  • Parcel: 17-09-19-414-008
  • Block: 1-2,2
  • Lot: 3
  • Municipality: BOURBONNAIS
  • Latitude: 41.1481
  • Longitude: -87.8762

    Address

  • Full Address: 122 W Ray St
  • Address - House Number: 122
  • Street Direction: W
  • Address - Street Name: Ray
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bourbonnais
  • Carrier Code: C001
  • 4-Digit Zip Code: 1969
  • Zip Code: 60914

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $288,852
  • Tax Rate Code Area: 17071

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 138,323
  • High Value: 168,034
  • Low Value: 108,611

    Market Valuation

  • Market Total Value: $106,248
  • Market Land Value: $14,586
  • Market Improvement Value: $91,662

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,416
  • Assessed Land Value: $4,862
  • Assessed Improvements Value: $30,554
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:

$299,000

Sale Price/ft²

$173

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1870 ft²

Average Home Age

30.3 years

Currently For Sale

43 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: Lisa Sanford, Berkshire Hathaway HomeServices Speckman Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 12098116
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 122 West Ray Street built and last sold?
The property at 122 West Ray Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 122 West Ray Street is $0.
What are some comparable homes to 122 West Ray Street?
There are currently no comparable homes to 122 West Ray Street.
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