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Kendall 60545
16573 Galena Road
Photo of 16573 Galena Road

12

Map

Photo of 16573 Galena Road
Photo of 16573 Galena Road
$250,000
● House - In Contract

16573 Galena Road

Plano, IL 60545
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,364 Ft²
$1,805
Est. Monthly

About This Property

Multiple offers received - Highest & Best offers due Tuesday Oct 27th by 12 pm CST  ~~~ Opportunity knocks!   Farmhouse with TWO LARGE outbuildings on a just over an ACRE in unincorporated Plano - large private backyard!   ** Building 1:  45' x 32', 11' ceiling, 9' & 8' doors with 16' x 45' lean-to.  Building 2:  built in 2014, 24' x 32', 14' ceiling, 12' door. **  SOLD AS-IS.  * Agents - read all notes in broker section!!  *
Unit Size
1,364 Ft²
Days on Market
-
Land Size
1.05 acres
Price per sqft
$183
Property Type
House
Property Taxes
$577
HOA Dues
-
Year Built
2008

Listed By

Darlene Colosimo
[email protected]
Coldwell Banker Real Estate Group

Payment Calculator

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Cap Rate Calculator

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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

Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street, Yes, Owned
Interior Details
Full Bathrooms: 1
Rooms: 4
Basement: Partial, Cellar
Exterior Details
Square Footage: 1364
Square Footage Source: $0
Architectural Style: Farmhouse
Year Built: 1900
Construction Materials: Frame
Lot Size Area: 45738
Lot Size Units: Square Feet
Lot Size Acres: 1.05
Lot Size Square Feet: 45738
Lot Size Dimensions: 229 X 175 X 257 X171
Water Source: Well
Financial Details
Tax Annual Amount: $6,919
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: None

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • 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
  • Living Units: 1
  • 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: 45,738
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001050
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: SEC. 5-37-6

Neighborhood

  • School District Name: Plano Community Unit School District 88
  • Census Tract: 890502

Geography

  • Parcel: 01-05-126-003
  • Meridian: SEC 05 TWN 37N RNG 06E
  • Municipality: LITTLE ROCK TOWNSHIP
  • Latitude: 41.7175
  • Longitude: -88.5782

    Address

  • Full Address: 16573 Galena Rd
  • Address - House Number: 16573
  • Address - Street Name: Galena
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Plano
  • Carrier Code: R001
  • 4-Digit Zip Code: 9658
  • Zip Code: 60545

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $606,280
  • Tax Rate Code Area: LR001

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 267,287
  • High Value: 309,669
  • Low Value: 224,905

    Market Valuation

  • Market Total Value: $231,432
  • Market Land Value: $38,367
  • Market Improvement Value: $193,065

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $77,144
  • Assessed Land Value: $12,789
  • Assessed Improvements Value: $64,355

    Sales

  • Current Sale Contract Date: Aug 14, 2015
  • Current Sale Recording Date: Aug 27, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201500013761
  • Previous Sale Recording Date: Aug 10, 2006
  • Previous Sale Contract Date: Jul 27, 2006
  • Previous Sale Amount: $147,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Kendall

Stats & Trends

Median Asking:

$410,000

Sale Price/ft²

$203

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2273 ft²

Average Home Age

16.7 years

Currently For Sale

429 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: Darlene Colosimo, Baird & Warner
Data Source: MRED, MLS# MRD12791820
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 16573 Galena Road built and last sold?
The property at 16573 Galena Road was built in 2008 and last sold on Aug 14, 2015 for $168,000.
How much is this home worth?
The estimated value of the home located at 16573 Galena Road is $254,054.
What are some comparable homes to 16573 Galena Road?
There are currently no comparable homes to 16573 Galena Road.
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