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Wilmington 60481
1504 Janet Drive
Photo of 1504 Janet Drive
Sold on Sep 18, 2026

24

Map

Photo of 1504 Janet Drive
Photo of 1504 Janet Drive
$290,000
● House - Off Market

1504 Janet Drive

Wilmington, IL 60481
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,900 Ft²
$2,232
Est. Monthly

About This Property

Rambling ranch home located on huge 90x260 1/2 acre lot, quiet culd-e-sac street. Three bedroom, 2 bath with full partially finished basement,  heated 3 season room with triple patio doors leading to rear deck.   basement has room set up as woodworker's shop. All appliances stay  Home is in an estate being sold in "as is" condition
Unit Size
1,900 Ft²
Days on Market
-
Land Size
-
Price per sqft
$183
Property Type
House
Property Taxes
$525
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

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: 23,663
  • 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: GALE
  • Land Acres: 0000000540
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 4 IN GALE SUB, A PRT OF LOT 6 IN ASSESSOR'S SUB, BEING A SUB OF PRT OF THE E1/2 OF THE SE1/4 IN SEC 36, T33N-R9E THAT PR

Neighborhood

  • School District Name: Wilmington Community Unit School District 209U
  • Census Tract: 883401

Geography

  • Parcel: 03-17-36-405-014
  • Lot: 6
  • Meridian: SEC 36 TWN 33N RNG 09E
  • Municipality: WILMINGTON
  • Latitude: 41.2918
  • Longitude: -88.1327

    Address

  • Full Address: 1504 Janet Dr
  • Address - House Number: 1504
  • Address - Street Name: Janet
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Wilmington
  • Carrier Code: C003
  • 4-Digit Zip Code: 1638
  • Zip Code: 60481

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $582,866
  • Tax Rate Code Area: 0302

    Appraisal Valuation

  • Standard Deviation: 0.1151
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 87
  • Final Value: 310,502
  • High Value: 346,248
  • Low Value: 274,757

    Market Valuation

  • Market Total Value: $259,344
  • Market Land Value: $54,633
  • Market Improvement Value: $204,711

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $86,448
  • Assessed Land Value: $18,211
  • Assessed Improvements Value: $68,237

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 30, 1996
  • Current Sale Recording Date: Jun 03, 1996
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R96-048558
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 Wilmington

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$183

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1901 ft²

Average Home Age

24.7 years

Currently For Sale

9 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 1161 S Buchanan Street, Wilmington, IL, 60481

$1,200 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
1161 S Buchanan Street #6, Wilmington, IL, 60481 Listing by Candace Shell

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Christopher Shell, Pro Real Estate
Data Source: MRED, MLS# MRD12718661
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 1504 Janet Drive built and last sold?
The property at 1504 Janet Drive was built in and last sold on May 30, 1996 for $151,000.
How much is this home worth?
The estimated value of the home located at 1504 Janet Drive is $352,237.
What are some comparable homes to 1504 Janet Drive?
There are currently no comparable homes to 1504 Janet Drive.
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