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Will 60442
15653 W Baker Road
$375,000
● House - Off Market

15653 W Baker Road

Manhattan, IL 60442
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,913 Ft²
$2,656
Est. Monthly

About This Property

Secluded 3 bedroom ranch on 3 acres of wooded land with a creek running through the property. Plenty of room for RV/boat parking. Hardwood floors, wood burning fireplace, 3 car garage, large screened in room and basement. Home layout offers options to convert existing rooms for additional bedroom and bathroom. NEW ROOF and GUTTERS!
Unit Size
1,913 Ft²
Days on Market
-
Land Size
3.00 acres
Price per sqft
$209
Property Type
House
Property Taxes
$692
HOA Dues
-
Year Built
1964

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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

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • 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
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 585
  • Garage Type: 1
  • Garage Square Area: 700
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 151,589
  • Total Building Area: 3,198
  • Building Area: 1,913
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,913
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003480
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: THE W 300 FT OF THE E 815 FT OF THE N 435.6 FT OF THE NW1/4 SEC 8, T34N-R11E TOGETHER WITH THE S 70 FT OF THE N 505.6 FT OF T

Neighborhood

  • School District Name: Manhattan School District 114
  • Census Tract: 883510

Geography

  • Parcel: 14-12-08-100-009
  • Meridian: SEC 08 TWN 34N RNG 11E
  • Municipality: MANHATTAN
  • Latitude: 41.4527
  • Longitude: -87.9951

    Address

  • Full Address: 15653 W Baker Rd
  • Address - House Number: 15653
  • Street Direction: W
  • Address - Street Name: Baker
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Manhattan
  • Carrier Code: R001
  • 4-Digit Zip Code: 9650
  • Zip Code: 60442

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $793,600
  • Tax Rate Code Area: 1402

    Appraisal Valuation

  • Standard Deviation: 0.1524
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 374,533
  • High Value: 431,647
  • Low Value: 317,419

    Market Valuation

  • Market Total Value: $289,350
  • Market Land Value: $88,650
  • Market Improvement Value: $200,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $96,450
  • Assessed Land Value: $29,550
  • Assessed Improvements Value: $66,900

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 22, 2023
  • Current Sale Recording Date: Apr 01, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15094
  • Previous Sale Recording Date: Jan 29, 2021
  • Previous Sale Contract Date: Oct 15, 2020
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: 27
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:

$389,900

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2373 ft²

Average Home Age

33 years

Currently For Sale

1528 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: David Propp, Realtopia Real Estate Inc
Data Source: MRED, MLS# MRD12488986
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 15653 West Baker Road built and last sold?
The property at 15653 West Baker Road was built in 1964 and last sold on Jun 22, 2023 for $34,000.
How much is this home worth?
The estimated value of the home located at 15653 West Baker Road is $404,016.
What are some comparable homes to 15653 West Baker Road?
There are currently no comparable homes to 15653 West Baker Road.
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