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Cary 60013
207 N School Street
$255,000
● House - Off Market

207 N School Street

Cary, IL 60013
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,417 Ft²
$249,269
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Opportunity knocks - calling all rehabbers, investors or motivated home owners to bring this solid starter home up to date. Split level with 3 bedrooms, 2 full baths, good sized family room, 2-car garage, deck and a fenced yard. Furnace is 2020, A/C 2016, Water Heater 2019, Roof 20 yrs; kitchen has laminate floors, white appliances & corian counters; opens to expansive deck & private fenced backyard. Perfect in town location, short walk to Metra, shopping dining & entertainment plus Cary schools. Being Sold as is. Hurry this won't last. Best & highest at 4 pm 3/17
Unit Size
1,417 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$173
Property Type
House
Property Taxes
$448
HOA Dues
-
Year Built
1973

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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 #11738572)

Price History

Date / Event Date Event Price
Apr 17, 2023 Sold
Premium
Sold
Mar 16, 2023 Listed by Coldwell Banker Realty $245,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 924
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,848
  • Building Area: 1,452
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,452
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANKES WEST SIDE SUB
  • Land Acres: 0000000200
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2019R0016501 LT 106 FRANKES WEST SIDE SUB UNIT 3

Neighborhood

  • School District Name: Cary Community Consolidated School District 26
  • Census Tract: 871600

Geography

  • Parcel: 19-13-130-002
  • Block: 130
  • Lot: 106
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2108
  • Longitude: -88.2491

    Address

  • Full Address: 207 N School St
  • Legal Unit: 3
  • Address - House Number: 207
  • Street Direction: N
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: IL
  • City Name: Cary
  • Carrier Code: C005
  • 4-Digit Zip Code: 2029
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $568,656
  • Tax Rate Code Area: 19007

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 293,203
  • High Value: 337,482
  • Low Value: 248,924

    Market Valuation

  • Market Total Value: $215,190
  • Market Land Value: $51,750
  • Market Improvement Value: $163,440

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $71,730
  • Assessed Land Value: $17,250
  • Assessed Improvements Value: $54,480

    Sales

  • Current Sale Contract Date: Apr 11, 2023
  • Current Sale Recording Date: Apr 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 8918
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 Cary

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$185

Below Asking

0.01%

Average Days on Market

42

Average Home Size

2134 ft²

Average Home Age

42.1 years

Currently For Sale

29 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 737 Wellington Lane, Cary, IL, 60013

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,574 ft²
737 Wellington Lane #737, Cary, IL, 60013 Listing by Anthony Mathews

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Teresa Hanrahan, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11738572
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 207 North School Street built and last sold?
The property at 207 North School Street was built in 1973 and last sold on Apr 11, 2023 for $255,000.
How much is this home worth?
The estimated value of the home located at 207 North School Street is $248,904.
What are some comparable homes to 207 North School Street?
There are currently no comparable homes to 207 North School Street.
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