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Bureau 61356
12369 IL 26 Highway
$222,500
● House - Off Market

12369 IL 26 Highway

Princeton, IL 61356
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,736 Ft²
$1,564
Est. Monthly
11.35%
Cap Rate

About This Property

Lovely country setting. Enjoy this 3 bedroom, 2.5 bath ranch home with main level laundry, cozy gas fireplace, all appliances remaining including washer & dryer combo in lower level, full walk-out basement with possibility of two more bedrooms & 1 with walk-in closet or a great home theatre space. The home has newer laminate flooring throughout, maintenance free vinyl siding, sunny deck, concrete patio, attached 2 car garage and additional detached 1 car garage that is great for lawn equipment. All situated on 1.23 acres with three tax ID#'s. 16-36-300-070 (.98), 16-36-300-073 (.17) & 16-36-300-075 (.80). Well is shared with neighbor to the right, $350 a year plus sharing any repair expenses.
Unit Size
1,736 Ft²
Days on Market
-
Land Size
1.23 acres
Price per sqft
$144
Property Type
House
Property Taxes
$336
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
Fireplace

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: 43,020
  • 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: BLUESPRUCE
  • Land Acres: 0000000987
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: BLUE SPRUCE DRIVE SDLOT 7 (EX SW PT)D 20-2229

Neighborhood

  • School District Name: Princeton High School District 500
  • Census Tract: 965500

Geography

  • Account Number: 1636300070
  • District: 16
  • Parcel: 16-36-300-070
  • Lot: 7
  • Meridian: SEC 36 TWN 16 RNG 09
  • Municipality: PRINCETON
  • Latitude: 41.3245
  • Longitude: -89.4099

    Address

  • Full Address: 12369 Il Highway 26
  • Address - House Number: 12369
  • Address - Street Name: Il Highway 26
  • State: IL
  • City Name: Princeton
  • Carrier Code: R004
  • 4-Digit Zip Code: 2724
  • Zip Code: 61356

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $324,146
  • Tax Rate Code Area: 16002

    Appraisal Valuation

  • Standard Deviation: 0.2602
  • Valuation Date: May 31, 2023
  • Confidence Score: 63
  • Final Value: 162,803
  • High Value: 205,176
  • Low Value: 120,431

    Market Valuation

  • Market Total Value: $169,443
  • Market Land Value: $31,377
  • Market Improvement Value: $138,066

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,481
  • Assessed Land Value: $10,459
  • Assessed Improvements Value: $46,022

    Sales

  • Current Sale Contract Date: May 10, 2012
  • Current Sale Recording Date: May 10, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 41
  • Current Sale Input Document Number: 2012R02096
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 Bureau

Stats & Trends

Median Asking:

$175,000

Sale Price/ft²

$121

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1675 ft²

Average Home Age

89.5 years

Currently For Sale

85 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: Bonnie Lester, Coldwell Banker Today's, Realtors
Data Source: MRED, MLS# MRD12481714
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 12369 Illinois 26 built and last sold?
The property at 12369 Illinois 26 was built in and last sold on May 10, 2012 for $150,000.
How much is this home worth?
The estimated value of the home located at 12369 Illinois 26 is $0.
What are some comparable homes to 12369 Illinois 26?
There are currently no comparable homes to 12369 Illinois 26.
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