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Bourbonnais 60914
1338 Mill Pond Road
$298,500
● House - Off Market

1338 Mill Pond Road

Bourbonnais, IL 60914
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,106 Ft²
$1,882
Est. Monthly
$3
HOA / Fees
6.77%
Cap Rate

About This Property

Welcome home in the desirable Plum Creek neighborhood of Bourbonnais! This recently updated 3-bedroom, 2-bathroom split-level residence is sure to captivate you from the moment you step inside. The heart of the home is the brand-new kitchen, featuring upgraded white cabinets with soft-close technology and a spacious island topped with wood block counters. The entire house has been freshly painted, and new flooring providing a clean and inviting canvas for the new owners to personalize.  Get ready to relax and enjoy the large deck that overlooks the expansive yard - a perfect setting for outdoor activities.  Don't miss the opportunity to make this updated gem in Plum Creek your own - it's move-in ready and waiting for new owners to create lasting memories.  Call today for your private showing!
Unit Size
2,106 Ft²
Days on Market
-
Land Size
-
Price per sqft
$142
Property Type
House
Property Taxes
$412
HOA Dues
$3
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 #11954107)

Price History

Date / Event Date Event Price
Mar 15, 2024 Sold
Premium
Sold
Jan 2, 2024 Listed by McColly Bennett Real Estate $298,500
Listed by McColly Bennett Real Estate

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: 9,750
  • 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: PLUM CREEK
  • Land Acres: 0000000223
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: PLUM CREEK 2ND ADDN LOT 97 24-31-11E

Neighborhood

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

Geography

  • District: 17
  • Parcel: 17-08-24-204-008
  • Lot: 97
  • Municipality: BOURBONNAIS
  • Latitude: 41.1621
  • Longitude: -87.9011

    Address

  • Full Address: 1338 Mill Pond Rd
  • Address - House Number: 1338
  • Address - Street Name: Mill Pond
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Bourbonnais
  • Carrier Code: C009
  • 4-Digit Zip Code: 1526
  • Zip Code: 60914

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $494,894
  • Tax Rate Code Area: 17005

    Appraisal Valuation

  • Standard Deviation: 0.1098
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 88
  • Final Value: 297,783
  • High Value: 330,482
  • Low Value: 265,083

    Market Valuation

  • Market Total Value: $247,662
  • Market Land Value: $24,795
  • Market Improvement Value: $222,867

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,554
  • Assessed Land Value: $8,265
  • Assessed Improvements Value: $74,289

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 15, 2024
  • Current Sale Recording Date: Mar 15, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2151
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

Unit for rent at 203 E John Casey Road, Bourbonnais, IL, 60914

$2,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,250 ft²
203 E John Casey Road #1, Bourbonnais, IL, 60914 Listing by Azza Tawfik

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: J Andy Czako, McColly Bennett Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11954107
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 1338 Mill Pond Road built and last sold?
The property at 1338 Mill Pond Road was built in and last sold on Mar 15, 2024 for $298,500.
How much is this home worth?
The estimated value of the home located at 1338 Mill Pond Road is $0.
What are some comparable homes to 1338 Mill Pond Road?
There are currently no comparable homes to 1338 Mill Pond Road.
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