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Livingston 61364
1624 State Route 23 Highway N
$296,900
● House - Off Market

1624 State Route 23 Highway N

Streator, IL 61364
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,361 Ft²
$1,571
Est. Monthly
13.05%
Cap Rate

About This Property

You can't beat the great rural location North of Streator yet close to shopping. Three bedroom one bath features a wonderful family room with fireplace and a large two car garage.  Home sits on 7.88 Acres of land and features a pond for fishing and plenty of woods. The large 40 x 65 pole building is great for storage and projects.  The area boasts many parks and is within driving distance to Starved Rock and Mathieson state parks.
Unit Size
1,361 Ft²
Days on Market
-
Land Size
7.88 acres
Price per sqft
$213
Property Type
House
Property Taxes
$147
HOA Dues
-
Year Built
1950

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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

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,040
  • Garage Type: 7
  • Garage Square Area: 864
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 11
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VERMILLION CITY
  • Land Acres: 0000000260
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: 01 02 276 017 S2 T30 R3 LOT 70 X 160 COM NW COR LOT 1 BLK 5 VERM CTY N57.5' E222.47' N254.49' POB N70' E160' S70' W160' TR 5

Neighborhood

  • School District Name: Woodland Community Unit School District 5
  • Census Tract: 960300

Geography

  • District: 01
  • Subdivision Tract Number: 5
  • Parcel: 01-01-02-276-017
  • Block: 5
  • Lot: 1
  • Meridian: SEC 02 TWN 30N RNG 03E
  • Municipality: READING
  • Latitude: 41.0999
  • Longitude: -88.8358

    Address

  • Full Address: 1624 S Bloomington St
  • Address - House Number: 1624
  • Street Direction: S
  • Address - Street Name: Bloomington
  • Address - Suffix Type: St
  • State: IL
  • City Name: Streator
  • Carrier Code: C010
  • 4-Digit Zip Code: 3816
  • Zip Code: 61364

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $336,444
  • Tax Rate Code Area: 01001

    Appraisal Valuation

  • Standard Deviation: 0.2552
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 63
  • Final Value: 175,824
  • High Value: 220,704
  • Low Value: 130,944

    Market Valuation

  • Market Total Value: $141,396
  • Market Land Value: $11,103
  • Market Improvement Value: $130,293

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,132
  • Assessed Land Value: $3,701
  • Assessed Improvements Value: $43,431

    Exemptions

  • Homeowner Exemption: Yes
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 Livingston

Stats & Trends

Median Asking:

$175,000

Sale Price/ft²

$116

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1798 ft²

Average Home Age

85.4 years

Currently For Sale

84 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: Katie Troccoli, Washington Square, Realtors
Data Source: MRED, MLS# MRD12298698
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 1624 State Rte 23 built and last sold?
The property at 1624 State Rte 23 was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1624 State Rte 23 is $0.
What are some comparable homes to 1624 State Rte 23?
There are currently no comparable homes to 1624 State Rte 23.
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