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Pingree Grove 60140
14N152 Reinking Road
$177,000
● House - Off Market

14N152 Reinking Road

Pingree Grove, IL 60140
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,363 Ft²
$254,391
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

This well-built home in the Heritage District of Pingree Grove offers elegance and style at a great price.  Once you step inside, you will admire the impressive, ornate woodwork and original hardwood floors.  Interior features include a first floor bedroom connected to a spacious bonus room.  This home offers a first floor full bath!  The inviting, stately foyer features an elaborate staircase, showcasing the quality craftsmanship of this home.  The large, open backyard offers a peaceful and relaxing setting.  Large garage with attached workshop (can be heated!).  Backyard shed offers ample storage space!  Make this your next home!
Unit Size
1,363 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$132
Property Type
House
Property Taxes
$171
HOA Dues
-
Year Built
1900

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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
Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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 Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 773
  • Garage Type: 1
  • Garage Square Area: 532
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Total Building Area: 2,668
  • Gross Building Area: 2,668
  • Building Area: 1,363
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,363
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINGREE GROVE
  • Land Acres: 0000000400
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850710

Geography

  • Parcel: 02-33-478-007
  • Lot: 2
  • Municipality: RUTLAND
  • Latitude: 42.0691
  • Longitude: -88.4143

    Address

  • Full Address: 14n152 Reinking Rd
  • Address - House Number: 14n152
  • Address - Street Name: Reinking
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Pingree Grove
  • Carrier Code: R010
  • 4-Digit Zip Code: 8803
  • Zip Code: 60140

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $374,848
  • Tax Rate Code Area: RU032

    Appraisal Valuation

  • Standard Deviation: 0.158
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 249,327
  • High Value: 288,729
  • Low Value: 209,925

    Market Valuation

  • Market Total Value: $175,462
  • Market Land Value: $23,739
  • Market Improvement Value: $151,723

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,464
  • Assessed Land Value: $7,910
  • Assessed Improvements Value: $50,554

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 25, 2020
  • Current Sale Recording Date: Jun 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020K028701
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 Pingree Grove

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$186

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1955 ft²

Average Home Age

15.2 years

Currently For Sale

21 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 923 Emerald Drive, Pingree Grove, IL, 60140

$2,595 /mo

  • 3 Beds
  • 2 Baths
  • 1,728 ft²
923 Emerald Drive, Pingree Grove, IL, 60140 Listing by Natasa Fryer

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Christopher Jones, Associates Realty
Data Source: MRED, MLS# MRD10687506
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 14N152 Reinking Road built and last sold?
The property at 14N152 Reinking Road was built in 1900 and last sold on May 25, 2020 for $177,000.
How much is this home worth?
The estimated value of the home located at 14N152 Reinking Road is $185,558.
What are some comparable homes to 14N152 Reinking Road?
There are currently no comparable homes to 14N152 Reinking Road.
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