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Iroquois 60970
2015 N State Rt 1
$140,000
● House - Off Market

2015 N State Rt 1

Watseka, IL 60970
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,312 Ft²
$158,476
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Beautiful redone 3 bed 2 bath home in rural watseka close to town for shopping and other amenities. Many updates to this home. New roof in 2019. New furnace in 2018. Kitchen was updated with new cabinets, countertops and tile flooring. New laminate flooring in living room and hardwood throughout other rooms. Plenty of landscaped yard on 2 lots and a Gazebo for your outdoor enjoyment. topped off with an attached 2 car garage and 2 sheds on the property storage won't be a problem. Call for a showing today!
Unit Size
1,312 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$118
Property Type
House
Property Taxes
$77
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.

Last updated: 3 years ago (MRED MLS #11407553)

Price History

Date / Event Date Event Price
Jul 7, 2022 Sold
Premium
Sold
May 18, 2022 Listed by Smith's Real Estate Services, $154,900
Listed by Smith's Real Estate Services,

Property Highlights

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: 26,619
  • 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
  • Land Acres: 0000000611
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: LTS 6 & 7

Neighborhood

  • School District Name: Iroquois County Community Unit School District 9
  • Census Tract: 950100

Geography

  • District: 17
  • Parcel: 19 20 351 010
  • Lot: 6,7
  • Municipality: MIDDLEPORT TOWNSHIP
  • Latitude: 40.8041
  • Longitude: -87.7444

    Address

  • Full Address: 2015 N State Route 1
  • Address - House Number: 2015
  • Street Direction: N
  • Address - Street Name: State Route 1
  • State: IL
  • City Name: Watseka
  • Carrier Code: R004
  • 4-Digit Zip Code: 6008
  • Zip Code: 60970

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $68,396
  • Tax Rate Code Area: 17009

    Appraisal Valuation

  • Standard Deviation: 0.233
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 67
  • Final Value: 142,775
  • High Value: 176,050
  • Low Value: 109,500

    Market Valuation

  • Market Total Value: $72,090
  • Market Land Value: $16,200
  • Market Improvement Value: $55,890

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,030
  • Assessed Land Value: $5,400
  • Assessed Improvements Value: $18,630

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 07, 2022
  • Current Sale Recording Date: Jul 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2456
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 Iroquois

Stats & Trends

Median Asking:

$150,000

Sale Price/ft²

$110

Below Asking

0.04%

Average Days on Market

70

Average Home Size

1826 ft²

Average Home Age

75.6 years

Currently For Sale

108 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 Rogers, Smith's Real Estate Services,
Last Updated: 3 years ago
Data Source: MRED, MLS# 11407553
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 2015 North State Rte 1 built and last sold?
The property at 2015 North State Rte 1 was built in and last sold on Jul 7, 2022 for $140,000.
How much is this home worth?
The estimated value of the home located at 2015 North State Rte 1 is $0.
What are some comparable homes to 2015 North State Rte 1?
There are currently no comparable homes to 2015 North State Rte 1.
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