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Chenoa 61726
200 Pickett Street
$133,900
● House - Off Market

200 Pickett Street

Chenoa, IL 61726
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,146 Ft²
$911
Est. Monthly
7.05%
Cap Rate

About This Property

This homestead sits on 2 parcels at almost an acre! With two bedrooms and possibly a third, it's perfect for a starter home or someone looking to downsize. The dry basement makes it the perfect place for storage, and the 2-car garage is heated and insulated. It's been well-maintained and cared for - new roof, water heater, floors, interior paint in 2021, central air and wiring in 2022, dishwasher 2023. Plus new landscaping added in 2023 including 6 fruit trees, 100 berry bushes (blackberries, raspberries, strawberries), 12 trees for a windbreak and a 130'x60' garden make for a gardeners dream!
Unit Size
1,146 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$122
Property Type
House
Property Taxes
$223
HOA Dues
-
Year Built
1899

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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 #11973647)

Price History

Date / Event Date Event Price
Feb 28, 2024 Sold
Premium
Sold
Feb 4, 2024 Listed by Keller Williams Revolution $140,000
Listed by Keller Williams Revolution
Oct 6, 2021 No longer available -
No longer available
Jun 12, 2020 In contract -
In contract
May 11, 2020 Price Decreased $54,900
↓ $5K (8.4%)
Price Decreased
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1899
  • Effective Year Built: 1899
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 9,147
  • Total Building Area: 1,146
  • Gross Building Area: 1,146
  • Building Area: 1,146
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,146
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SCOTT HUMPHREY & PICKETTS SUB
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: SCOTT HUMPHREY & PICKETTS SUB SCOTTS 1ST ADD TO CHENOA PT LT 1 7 2; BEG NE COR LOT 1; W85.54, S108, E85.54, N108 TO POB.

Neighborhood

  • School District Name: Prairie Central Community Unit School District 8
  • Census Tract: 005700

Geography

  • District: 8
  • Parcel: 03-02-454-007
  • Lot: 1
  • Municipality: CHENOA
  • Latitude: 40.7437
  • Longitude: -88.727

    Address

  • Full Address: 200 Pickett St
  • Address - House Number: 200
  • Address - Street Name: Pickett
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chenoa
  • Carrier Code: C002
  • 4-Digit Zip Code: 1150
  • Zip Code: 61726

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $156,462
  • Tax Rate Code Area: 810

    Appraisal Valuation

  • Standard Deviation: 0.4855
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 92
  • Final Value: 138,833
  • High Value: 151,247
  • Low Value: 126,419

    Market Valuation

  • Market Total Value: $66,681
  • Market Land Value: $7,452
  • Market Improvement Value: $59,229

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,227
  • Assessed Land Value: $2,484
  • Assessed Improvements Value: $19,743

    Sales

  • Current Sale Contract Date: Feb 28, 2024
  • Current Sale Recording Date: Mar 05, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2593
  • Previous Sale Recording Date: Dec 28, 2021
  • Previous Sale Contract Date: Dec 28, 2021
  • Previous Sale Amount: $52,000
  • Previous Sale Document Type: 71
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 Chenoa

Stats & Trends

Median Asking:

$146,200

Sale Price/ft²

$111

Below Asking

0.02%

Average Days on Market

47

Average Home Size

1344 ft²

Average Home Age

89 years

Currently For Sale

2 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: Justin Feese, Keller Williams Revolution
Last Updated: 3 years ago
Data Source: MRED, MLS# 11973647
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 200 Pickett Street built and last sold?
The property at 200 Pickett Street was built in 1899 and last sold on Feb 28, 2024 for $134,000.
How much is this home worth?
The estimated value of the home located at 200 Pickett Street is $0.
What are some comparable homes to 200 Pickett Street?
There are currently no comparable homes to 200 Pickett Street.
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