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Benson 61516
203 Washington Street
$68,000
● House - Off Market

203 Washington Street

Benson, IL 61516
bedrooms
2 Beds
bathrooms
1 Bath
square feet
950 Ft²
$78,592
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Cute 2 bedroom home sitting on a quiet block in wonderful Benson, IL.  Eat in kitchen.  Sliding glass door opens to spacious deck and large back yard. One full bathroom with shower, tub, and linen closet. Living room has lots of natural light. Bedrooms have original hardwood floors. Full unfinished basement with washer and dryer hook-ups.  This home is move in ready.  MLS #11041598
Unit Size
950 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$72
Property Type
House
Property Taxes
$150
HOA Dues
-
Year Built
1958

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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 #11041598)

Price History

Date / Event Date Event Price
Jul 15, 2021 Sold
Premium
Sold
Apr 3, 2021 Listed by Metro Realty Inc. $68,000
Listed by Metro Realty Inc.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • 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 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: 7,000
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 925
  • Building Area: 925
  • Building Area Measurement: M

    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: JOHN W
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: T28N - R1E - S33 LOTS 9,10 BLK 7 JOHN WEASTS ADDN TO BENSON

Neighborhood

  • School District Name: Roanoke-Benson Community Unit School District 60
  • Census Tract: 030200

Geography

  • District: 05
  • Parcel: 05-33-126-002
  • Block: 7
  • Lot: 9-10
  • Meridian: SEC 33 TWN 28N RNG 01E
  • Municipality: CLAYTON
  • Latitude: 40.8481
  • Longitude: -89.1215

    Address

  • Full Address: 203 Washington St
  • Address - House Number: 203
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: IL
  • City Name: Benson
  • Carrier Code: R777
  • 4-Digit Zip Code: 9682
  • Zip Code: 61516

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $197,330
  • Tax Rate Code Area: 5003

    Appraisal Valuation

  • Standard Deviation: 0.0929
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 91
  • Final Value: 64,492
  • High Value: 70,486
  • Low Value: 58,498

    Market Valuation

  • Market Total Value: $90,465
  • Market Land Value: $14,055
  • Market Improvement Value: $76,410

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,155
  • Assessed Land Value: $4,685
  • Assessed Improvements Value: $25,470

    Sales

  • Current Sale Contract Date: Jul 16, 2021
  • Current Sale Recording Date: Jul 19, 2021
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3792
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 Benson

Stats & Trends

Median Asking:

$87,450

Sale Price/ft²

$82

Above Asking

0.00%

Average Days on Market

72

Average Home Size

1179 ft²

Average Home Age

156 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Nearby Rentals

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MRED

Listed by: Melanie Broderick, Metro Realty Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11041598
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 203 Washington Street built and last sold?
The property at 203 Washington Street was built in 1958 and last sold on Jul 16, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 203 Washington Street is $0.
What are some comparable homes to 203 Washington Street?
There are currently no comparable homes to 203 Washington Street.
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