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Will 60481
1307 Widows Road
$186,000
● House - Off Market

1307 Widows Road

WILMINGTON, IL 60481
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,734 Ft²
$397,917
RealtyHop Estimate
99.06%
Since Nov 1, 2008
National-US
Primary Model

About This Property

Corporate owned / sold as-is  / addendum required upon accepted offer / no survey or disclosure provided / buyer responsible for any required inspections / pre-approval or verification of funds required  / EM certified funds only / Allow ample time for response to offers /  Great investment property.  45X100 pole building and storage shed on property.
Unit Size
1,734 Ft²
Days on Market
-
Land Size
9.60 acres
Price per sqft
$115
Property Type
House
Property Taxes
$181
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

Parking Available
Garage

Building Info

Overview

    General

  • Total Rooms: 7
  • Bedroom Count: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 433,422
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000009950
  • Standard Land Use Code: 1008
  • County Land Use Code: 0011
  • Legal Description 1: TRACT 1 THE E1/2 OF THE NW1/4 OF THE NW1/4 OF SEC. 26, THE W1/2 OF THE NE1/4 OF THE NW1/4 OF SEC. 26, T33N-R9E. (EX FROM THE

Neighborhood

  • School District Name: Wilmington Community Unit School District 209U
  • Census Tract: 883402

Geography

  • Subdivision Tract Number: 1
  • Parcel: 03-17-26-100-019
  • Meridian: SEC 26 TWN 33N RNG 09E
  • Municipality: WILMINGTON
  • Latitude: 41.3171
  • Longitude: -88.1652

    Address

  • Full Address: 1307 Widows Rd
  • Address - House Number: 1307
  • Address - Street Name: Widows
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Wilmington
  • Carrier Code: R004
  • 4-Digit Zip Code: 9389
  • Zip Code: 60481

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $498,994
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 0304

    Market Valuation

  • Market Total Value: $220,347
  • Market Land Value: $80,391
  • Market Improvement Value: $139,956

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $81,153
  • Assessed Land Value: $29,866
  • Assessed Improvements Value: $51,287

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 29, 2008
  • Current Sale Recording Date: Oct 14, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: R2008125344
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:

$389,495

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2380 ft²

Average Home Age

31.6 years

Currently For Sale

1500 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: Art Weller, Three Rivers Realty, Inc
Data Source: MRED, MLS# MRD06898092
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 1307 Widows Road built and last sold?
The property at 1307 Widows Road was built in and last sold on Sep 29, 2008 for $186,000.
How much is this home worth?
The estimated value of the home located at 1307 Widows Road is $208,778.
What are some comparable homes to 1307 Widows Road?
There are currently no comparable homes to 1307 Widows Road.
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