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Whiteside 61081
1613 Reno Road
$310,000
● House - Off Market

1613 Reno Road

Sterling, IL 61081
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,700 Ft²
$1,940
Est. Monthly
7.87%
Cap Rate

About This Property

Great location! This adorable home sits on an acre lot. Huge kitchen offers John Martin cabinets, large center island, huge pantry space and is open to dining area with patio doors that lead to large back deck that's been recently painted and above ground pool. Lots of updates! Newer roof, siding, soffits, gutters, garage doors, doors, fence, well pump, 2 car attached garage with new epoxy floor, plus additional 3 car garage in back, both heated, both 220 service, new front deck. Main floor master bedroom, 2 bedrooms upstairs, and full finished basement with living room, bathroom, and 2 bonus rooms, one currently used as a bedroom. Don't miss out on this rare property!
Unit Size
1,700 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$200
Property Type
House
Property Taxes
$271
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.

Last updated: 2 years ago (MRED MLS #12203388)

Price History

Date / Event Date Event Price
Dec 16, 2024 Sold
Premium
Sold
Nov 26, 2024 In contract -
In contract
Nov 4, 2024 Listed by Sauk Valley Properties LLC $339,900
Listed by Sauk Valley Properties LLC

Property Highlights

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: 43,560
  • Lot Size Depth Feet: 4,330
  • Lot Size Frontage Feet: 1,006
  • 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: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: PT LOT 4 W 1/2 SE SEC 14 TWP 21 RNG 7 MF 10933-99 & MF 13652-01 21800X

Neighborhood

  • School District Name: Sterling Community Unit District 5
  • Census Tract: 001300

Geography

  • Account Number: 46941
  • District: 10
  • Parcel: 1114451017
  • Lot: 4
  • Meridian: SEC 14 TWN 21N RNG 07E
  • Municipality: STERLING
  • Latitude: 41.8033
  • Longitude: -89.6559

    Address

  • Full Address: 1613 Reno Rd
  • Address - House Number: 1613
  • Address - Street Name: Reno
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Sterling
  • Carrier Code: R005
  • 4-Digit Zip Code: 4110
  • Zip Code: 61081

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $312,804
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 01001

    Appraisal Valuation

  • Standard Deviation: 0.2679
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 61
  • Final Value: 164,576
  • High Value: 208,674
  • Low Value: 120,478

    Market Valuation

  • Market Total Value: $136,362
  • Market Land Value: $11,241
  • Market Improvement Value: $125,121

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,454
  • Assessed Land Value: $3,747
  • Assessed Improvements Value: $41,707

    Sales

  • Current Sale Contract Date: Jun 23, 2006
  • Current Sale Recording Date: Jun 26, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 05399-2006
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 Whiteside

Stats & Trends

Median Asking:

$153,950

Sale Price/ft²

$110

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1653 ft²

Average Home Age

82 years

Currently For Sale

124 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: Melissa Plock, Sauk Valley Properties LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 12203388
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 1613 Reno Road built and last sold?
The property at 1613 Reno Road was built in and last sold on Jun 23, 2006 for $132,000.
How much is this home worth?
The estimated value of the home located at 1613 Reno Road is $0.
What are some comparable homes to 1613 Reno Road?
There are currently no comparable homes to 1613 Reno Road.
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