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Will 60442
Undisclosed Address
$309,900
● House - Off Market

Undisclosed Address

MANHATTAN, IL 60442
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$717,395
RealtyHop Estimate
108.00%
Since Jan 1, 2009
National-US
Primary Model

About This Property

Wonderful opportunity to own 5 acres with wide road frontage in Lincolnway School District! Classic white pillars add curb appeal to this spacious midlevel. Extra wide stairs and foyer/landing. Living/great room w/stone fireplace. Big bedrooms, updated kitchen w/oak cabinets, double oven. Main level laundry. Huge unfinished daylight basement. 2nd driveway perfect for your future pole barn access. Needs some updating.
Unit Size
-
Days on Market
-
Land Size
5.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$600
HOA Dues
-
Year Built
1982

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Lot Size Depth Feet: 7,000
  • Lot Size Frontage Feet: 3,110
  • Total Building Area: 2,592
  • Building Area: 2,016
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,016
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005000
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: THE E 311 FT OF THE W 662 FT OF THE N 700.32 FT OF THE E1/2 OF THE NE1/4 SEC 14, T34N-R11E LYG N OF THE INDIAN BOUNDARY LINE.

Neighborhood

  • School District Name: Manhattan School District 114
  • Census Tract: 883510

Geography

  • Parcel: 14-12-14-200-006
  • Meridian: SEC 14 TWN 34N RNG 11E
  • Municipality: MANHATTAN
  • Latitude: 41.4397
  • Longitude: -87.9277

    Address

  • Full Address: 12945 W Smith Rd
  • Address - House Number: 12945
  • Street Direction: W
  • Address - Street Name: Smith
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Manhattan
  • Carrier Code: R006
  • 4-Digit Zip Code: 9435
  • Zip Code: 60442

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $932,446
  • Tax Rate Code Area: 1402

    Appraisal Valuation

  • Standard Deviation: 0.145
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 422,326
  • High Value: 483,571
  • Low Value: 361,081

    Market Valuation

  • Market Total Value: $301,200
  • Market Land Value: $105,450
  • Market Improvement Value: $195,750

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $100,400
  • Assessed Land Value: $35,150
  • Assessed Improvements Value: $65,250

    Sales

  • Current Sale Contract Date: Dec 01, 2008
  • Current Sale Recording Date: Dec 04, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2008143262
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 Will

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2366 ft²

Average Home Age

31.1 years

Currently For Sale

1485 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: Kim Noonan, ABR,CRS,GRI, RE/MAX All Properties
Data Source: MRED, MLS# MRD06949838
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 12945 West Smith Road built and last sold?
The property at 12945 West Smith Road was built in 1982 and last sold on Dec 1, 2008 for $310,000.
How much is this home worth?
The estimated value of the home located at 12945 West Smith Road is $443,612.
What are some comparable homes to 12945 West Smith Road?
There are currently no comparable homes to 12945 West Smith Road.
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