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Peotone 60468
201 W Sumner Avenue
$234,950
● House - Off Market

201 W Sumner Avenue

Peotone, IL 60468
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,600 Ft²
$1,505
Est. Monthly
12.51%
Cap Rate

About This Property

PEOTONE - FOR SALE - 4 BEDROOM/1.5 BATH HOME - Make this house your home! This home is located in the heart of Peotone, across the street from the Peotone Public Librarywith easy access to main thoroughfares and interstates! This home features hardwood flooring throughout, beautiful ornate woodwork & an abundance of natural light from the large windows. The home has a South facing screened in front porch that leads into the dining room through original french doors. There are 3 bedrooms upstairs and one on the main level.  Also, there is a 2 car detached garage. Beautiful home in a great community!  Call Today!
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$147
Property Type
House
Property Taxes
$351
HOA Dues
-
Year Built
-

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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

Building Info

Overview

    General

  • 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
  • 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: 11,653
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRAWFORDS 3RD ADD
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 1 BLOCK 2 IN CRAWFORDS 3RD ADDN TO THE VILLAGE OF PEOTONE, A SUB OF PRT OF THE W1/2 OF THE NE1/4 SEC 24, T33N-R12.

Neighborhood

  • School District Name: Peotone Community Unit School District 207U
  • Census Tract: 883904

Geography

  • Parcel: 17-20-24-200-013
  • Block: 2
  • Lot: 1
  • Meridian: SEC 24 TWN 33N RNG 12E
  • Municipality: PEOTONE
  • Latitude: 41.3379
  • Longitude: -87.7925

    Address

  • Full Address: 201 W Sumner Ave
  • Address - House Number: 201
  • Street Direction: W
  • Address - Street Name: Sumner
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Peotone
  • Carrier Code: R004
  • 4-Digit Zip Code: 9003
  • Zip Code: 60468

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $336,316
  • Tax Rate Code Area: 1705

    Appraisal Valuation

  • Standard Deviation: 0.0867
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 92
  • Final Value: 204,727
  • High Value: 222,492
  • Low Value: 186,961

    Market Valuation

  • Market Total Value: $169,323
  • Market Land Value: $30,528
  • Market Improvement Value: $138,795

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,441
  • Assessed Land Value: $10,176
  • Assessed Improvements Value: $46,265

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 06, 2023
  • Current Sale Recording Date: Jan 26, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 4200
  • Previous Sale Recording Date: Sep 13, 2002
  • Previous Sale Contract Date: Aug 02, 2002
  • Previous Sale Amount: $120,000
  • 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 Peotone

Stats & Trends

Median Asking:

$359,450

Sale Price/ft²

$178

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2854 ft²

Average Home Age

48.7 years

Currently For Sale

3 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

Unit for rent at 29837 S Route 50 Route, Peotone, IL, 60468

$1,000 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
29837 S Route 50 Route #41B, Peotone, IL, 60468 Listing by Gino Picciola

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jay Tamblyn, McColly Bennett Real Estate
Data Source: MRED, MLS# MRD12373682
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 201 West Sumner Avenue built and last sold?
The property at 201 West Sumner Avenue was built in and last sold on Sep 6, 2023 for $200,000.
How much is this home worth?
The estimated value of the home located at 201 West Sumner Avenue is $236,801.
What are some comparable homes to 201 West Sumner Avenue?
There are currently no comparable homes to 201 West Sumner Avenue.
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