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Ogle 61064
17065 W IL Rte 64
$255,000
● House - Off Market

17065 W IL Rte 64

Polo, IL 61064
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$1,625
Est. Monthly
8.32%
Cap Rate

About This Property

Great opportunity to have your own private retreat on 7.85 acres!  Lovely custom-built cabin/ranch home with an open layout. Kitchen, living room and dining room are all combined. All appliances are newer and will remain with the property.  Enjoy the tranquil prairie views from the covered porch. Oversized 2 car garage with workshop areas.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
7.85 acres
Price per sqft
$283
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
2009

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 341,946
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000007850
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: RNG/BLK: 7 TWP:24 SECT/LOT:27 THAT PT OF NE4 NE4 DESC IN DEED BOOK 224 PAGE 599 COM ED EASEMENT 202105475

Neighborhood

  • School District Name: Polo Community Unit School District 222
  • Census Tract: 960800

Geography

  • District: 1
  • Parcel: 06-27-200-001
  • Block: 7
  • Lot: 27
  • Meridian: SEC 27 TWN 24 RNG 07
  • Municipality: BROOKVILLE
  • Latitude: 42.0534
  • Longitude: -89.6686

    Address

  • Full Address: 17065 W Il Route 64
  • Address - House Number: 17065
  • Street Direction: W
  • Address - Street Name: Il Route 64
  • State: IL
  • City Name: Polo
  • Carrier Code: R032
  • 4-Digit Zip Code: 9231
  • Zip Code: 61064

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $205,342
  • Tax Rate Code Area: 143

    Appraisal Valuation

  • Standard Deviation: 0.1904
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 74
  • Final Value: 143,475
  • High Value: 170,795
  • Low Value: 116,155

    Market Valuation

  • Market Total Value: $114,456
  • Market Land Value: $37,362
  • Market Improvement Value: $77,094

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,152
  • Assessed Land Value: $12,454
  • Assessed Improvements Value: $25,698

    Sales

  • Current Sale Contract Date: Sep 15, 2008
  • Current Sale Recording Date: Sep 16, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 200800808651
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 Ogle

Stats & Trends

Median Asking:

$229,900

Sale Price/ft²

$145

Above Asking

8.12%

Average Days on Market

49

Average Home Size

2063 ft²

Average Home Age

62.6 years

Currently For Sale

99 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: Tracey DeCrane, RE/MAX Town Lake & Country
Data Source: MRED, MLS# MRD12480899
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 17065 West State Rte 64 built and last sold?
The property at 17065 West State Rte 64 was built in 2009 and last sold on Sep 15, 2008 for $72,600.
How much is this home worth?
The estimated value of the home located at 17065 West State Rte 64 is $0.
What are some comparable homes to 17065 West State Rte 64?
There are currently no comparable homes to 17065 West State Rte 64.
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