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Cherry 61317
205 S Steele Street
$225,000
● House - Off Market

205 S Steele Street

Cherry, IL 61317
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,784 Ft²
$242,943
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

DO NOT MISS THIS great split-level home in Dimmick SD.  Situated on 100 x 130 Lot you get a roomy 4 bdrm, 3 bath home with 10 x 15 deck, 2-car attached garage AND 2-car detached garage AND covered 23 x 23 entertainment space with granite topped bar and so much more.  Open floorplan kitchen & dining area with plenty of cabinets including cabinet as pantry with pull out drawers.  SS Appliances: oven/range, refrigerator, microwave & dishwasher.  Utility Room with washer & dryer, sump pump plus back-up sump pump and more.   Generac back up.   Ask for the list of updates and features. Close to Interstates 80 & 39 and AMTRAK in Mendota.
Unit Size
1,784 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$128
Property Type
House
Property Taxes
$396
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: 2 years ago (MRED MLS #11678346)

Price History

Date / Event Date Event Price
Dec 9, 2022 Sold
Premium
Sold
Nov 25, 2022 Listed by Malooley Dahm Realty $229,000
Listed by Malooley Dahm Realty

Property Highlights

Parking Available

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: 13,000
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 1,000
  • 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: VILLAGE CHERRY
  • Land Acres: 0000000298
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: CHERRY L 9-10 BLK 7 D 22-4597 100X130

Neighborhood

  • School District Name: Hall High School District 502
  • Census Tract: 964700

Geography

  • Account Number: 1227379010
  • District: 12
  • Parcel: 12-27-379-010
  • Block: 7
  • Lot: 9-10
  • Meridian: SEC 27 TWN 17 RNG 11
  • Municipality: WESTFIELD
  • Latitude: 41.4256
  • Longitude: -89.2108

    Address

  • Full Address: 205 S Steele St
  • Address - House Number: 205
  • Street Direction: S
  • Address - Street Name: Steele
  • Address - Suffix Type: St
  • State: IL
  • City Name: Cherry
  • Carrier Code: R777
  • 4-Digit Zip Code: 1089
  • Zip Code: 61317

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $475,292
  • Tax Rate Code Area: 12002

    Appraisal Valuation

  • Standard Deviation: 0.145
  • Valuation Date: May 31, 2023
  • Confidence Score: 82
  • Final Value: 223,195
  • High Value: 255,575
  • Low Value: 190,815

    Market Valuation

  • Market Total Value: $186,534
  • Market Land Value: $6,366
  • Market Improvement Value: $180,168

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,178
  • Assessed Land Value: $2,122
  • Assessed Improvements Value: $60,056

    Sales

  • Current Sale Contract Date: Feb 20, 2014
  • Current Sale Recording Date: Feb 24, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2014R00583

    Financing

  • First Mortgage Financing Type: FIX
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 Cherry

Stats & Trends

Median Asking:

$167,450

Sale Price/ft²

$129

Above Asking

0.00%

Average Days on Market

44

Average Home Size

904 ft²

Average Home Age

120 years

Currently For Sale

1 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: Christine Dahm, Malooley Dahm Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 11678346
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 205 South Steele Street built and last sold?
The property at 205 South Steele Street was built in and last sold on Feb 20, 2014 for $135,000.
How much is this home worth?
The estimated value of the home located at 205 South Steele Street is $0.
What are some comparable homes to 205 South Steele Street?
There are currently no comparable homes to 205 South Steele Street.
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