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Zion 60099
1906 Horeb Avenue
$160,000
● House - Off Market

1906 Horeb Avenue

Zion, IL 60099
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,048 Ft²
$168,681
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Cozy, quaint and perfect for first time home buyers! 3 Bedrooms, 2 bath and plenty of space for entertaining.  Fresh Paint! Clean Carpets and ready for move in! Hurry, this won't last! Seller provides quick response to all offers.
Unit Size
1,048 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$152
Property Type
House
Property Taxes
$500
HOA Dues
-
Year Built
1991

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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 #11607422)

Price History

Date / Event Date Event Price
Dec 19, 2022 Sold
Premium
Sold
Aug 17, 2022 Listed by RE/MAX American Dream $159,000
Listed by RE/MAX American Dream

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 39
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,863
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 410
  • Total Building Area: 1,048
  • Gross Building Area: 1,048
  • Building Area: 1,048
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,048
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ZION CITY SEC.17
  • Land Acres: 0000000135
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: ZION CITY SEC.17 LOT 15 BLOCK 95

Neighborhood

  • School District Name: Zion-Benton Township High School District 126
  • Census Tract: 860301

Geography

  • Assessors Map Reference: 2421-E2
  • District: ZION
  • Section: 17
  • Parcel: 04-17-423-012
  • Block: 95
  • Lot: 15
  • Municipality: TWP OF ZION
  • Latitude: 42.4603
  • Longitude: -87.8494

    Address

  • Full Address: 1906 Horeb Ave
  • Address - House Number: 1906
  • Address - Street Name: Horeb
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Zion
  • Carrier Code: C008
  • 4-Digit Zip Code: 1513
  • Zip Code: 60099

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $581,892
  • Tax Rate Code Area: 2003

    Appraisal Valuation

  • Standard Deviation: 0.2608
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 62
  • Final Value: 175,853
  • High Value: 221,730
  • Low Value: 129,976

    Market Valuation

  • Market Total Value: $148,527
  • Market Land Value: $16,466
  • Market Improvement Value: $132,061

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,504
  • Assessed Land Value: $5,488
  • Assessed Improvements Value: $44,016

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 12, 2022
  • Current Sale Recording Date: Jan 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7954096
  • Previous Sale Recording Date: Dec 29, 2010
  • Previous Sale Contract Date: Nov 11, 2010
  • Previous Sale Amount: $75,500
  • Previous Sale Document Type: 68
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 Zion

Stats & Trends

Median Asking:

$259,900

Sale Price/ft²

$186

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1359 ft²

Average Home Age

66.6 years

Currently For Sale

28 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: Jorge Trujillo, RE/MAX American Dream
Last Updated: 3 years ago
Data Source: MRED, MLS# 11607422
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 1906 Horeb Avenue built and last sold?
The property at 1906 Horeb Avenue was built in 1991 and last sold on Dec 12, 2022 for $160,000.
How much is this home worth?
The estimated value of the home located at 1906 Horeb Avenue is $162,108.
What are some comparable homes to 1906 Horeb Avenue?
There are currently no comparable homes to 1906 Horeb Avenue.
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