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Villa Grove 61956
16 Beech Lane
$178,000
● House - Off Market

16 Beech Lane

Villa Grove, IL 61956
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,746 Ft²
$1,131
Est. Monthly
6.90%
Cap Rate

About This Property

Beautifully remodeled 3 bedroom 2 full bath home with quaint front porch. This ranch home has room for everyone with its opened-up floor plan. Large master bedroom with full bathroom, living room with picturesque windows, new kitchen with Corian countertops open to the dining room. From the family room, step out the sliding doors onto your 32x11 patio overlooking your large fenced-in backyard. 2 car attached garage. Don't miss all of the updates this home has to offer. Nothing left to do, just move right in and be part of a great community with low taxes!
Unit Size
1,746 Ft²
Days on Market
-
Land Size
-
Price per sqft
$106
Property Type
House
Property Taxes
$222
HOA Dues
-
Year Built
1973

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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.

Last updated: 3 years ago (MRED MLS #11934771)

Price History

Date / Event Date Event Price
Feb 2, 2024 Sold
Premium
Sold
Nov 20, 2023 Listed by eXp Realty,LLC-Cha $184,900
Listed by eXp Realty,LLC-Cha

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 13
  • Basement Type: 5
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,979
  • Total Building Area: 1,596
  • Building Area: 1,596
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,596
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: COUNTRY CLUB 2ND LOT 32

Neighborhood

  • School District Name: Villa Grove Community Unit School District 302
  • Census Tract: 952100

Geography

  • District: CA
  • Parcel: 04-03-11-124-00500
  • Lot: 32
  • Municipality: CAMARGO
  • Latitude: 39.8643
  • Longitude: -88.1537

    Address

  • Full Address: 16 Beech Ln
  • Address - House Number: 16
  • Address - Street Name: Beech
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Villa Grove
  • Carrier Code: R001
  • 4-Digit Zip Code: 1602
  • Zip Code: 61956

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $266,708
  • Tax Rate Code Area: CA007

    Appraisal Valuation

  • Standard Deviation: 0.1007
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 90
  • Final Value: 184,497
  • High Value: 203,081
  • Low Value: 165,913

    Market Valuation

  • Market Total Value: $115,335
  • Market Land Value: $14,424
  • Market Improvement Value: $100,911

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,445
  • Assessed Land Value: $4,808
  • Assessed Improvements Value: $33,637

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 19, 2009
  • Current Sale Recording Date: Aug 19, 2009
  • Current Sale Price:
    Premium
  • Current 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 Villa Grove

Stats & Trends

Median Asking:

$137,450

Sale Price/ft²

$102

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1706 ft²

Average Home Age

95.2 years

Currently For Sale

11 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

Rentals Near You

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MRED

Listed by: Rick Wilberg, eXp Realty,LLC-Cha
Last Updated: 3 years ago
Data Source: MRED, MLS# 11934771
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 16 Beech Lane built and last sold?
The property at 16 Beech Lane was built in 1973 and last sold on Aug 19, 2009 for $118,000.
How much is this home worth?
The estimated value of the home located at 16 Beech Lane is $0.
What are some comparable homes to 16 Beech Lane?
There are currently no comparable homes to 16 Beech Lane.
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