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Putnam 61335
14068 N 400th Avenue
$254,000
● House - Off Market

14068 N 400th Avenue

Mcnabb, IL 61335
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,419 Ft²
$1,637
Est. Monthly

About This Property

What a charming home on a lovely, scenic setting with 1.55 acres. Featuring 3 bedrooms, 2.5 baths, eat in kitchen, cozy fireplace in the living room along with a vaulted ceiling and 2 skylights. This home is well kept and was built in 1994. The bedrooms all have walk-in closets, the 2 car garage is heated and the full basement is unfinished to design the extra space you desire. There have been many updates to the home such as newer roof, air conditioning and washer. There is a storage shed for extra tools and a house generator for power protection on stormy nights. Washer & dryer is on the main level. All this and more on 1.5 + scenic acres!
Unit Size
1,419 Ft²
Days on Market
-
Land Size
1.55 acres
Price per sqft
$183
Property Type
House
Property Taxes
$361
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: 67,518
  • Lot Size Depth Feet: 2,500
  • Lot Size Frontage Feet: 2,710
  • 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
  • Land Acres: 0000001550
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: S11 T31 R1 271' X 250' - E1/2 SW1/4

Neighborhood

  • School District Name: Putnam County Community Unit School District 535
  • Census Tract: 954600

Geography

  • District: 4
  • Parcel: 04-06-200-000
  • Meridian: SEC 11 TWN 31 RNG 01
  • Municipality: MAGNOLIA
  • Latitude: 41.1625
  • Longitude: -89.2

    Address

  • Full Address: 14068 N 400th Ave
  • Address - House Number: 14068
  • Street Direction: N
  • Address - Street Name: 400th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Mc Nabb
  • Carrier Code: R001
  • 4-Digit Zip Code: 5047
  • Zip Code: 61335

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $306,384
  • Tax Rate Code Area: 04003

    Appraisal Valuation

  • Standard Deviation: 0.2082
  • Valuation Date: May 31, 2023
  • Confidence Score: 71
  • Final Value: 246,889
  • High Value: 298,311
  • Low Value: 195,466

    Market Valuation

  • Market Total Value: $164,166
  • Market Land Value: $13,869
  • Market Improvement Value: $150,297

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,722
  • Assessed Land Value: $4,623
  • Assessed Improvements Value: $50,099

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Putnam

Stats & Trends

Median Asking:

$204,900

Sale Price/ft²

$144

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1433 ft²

Average Home Age

38.5 years

Currently For Sale

16 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
Data Source: MRED, MLS# MRD12552123
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 14068 North 400th Avenue built and last sold?
The property at 14068 North 400th Avenue 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 14068 North 400th Avenue is $0.
What are some comparable homes to 14068 North 400th Avenue?
There are currently no comparable homes to 14068 North 400th Avenue.
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