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Gridley 61744
210 W 5th Street
$158,500
● House - Off Market

210 W 5th Street

Gridley, IL 61744
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,120 Ft²
$1,075
Est. Monthly
14.54%
Cap Rate

About This Property

Cozy & well maintained 3 bedroom, 2 bathroom ranch style home on large lot with heated oversized garage! Dining area is open to large living room w/great natural lighting.  Just off the kitchen is a great multi-purpose room that could be used as a home office, huge pantry/storage area, or breakfast area.  Basement is finished with a family room, bedroom w/an egress window & full bathroom with large jetted bathtub! House is in a great location less than a block away from the middle school. The almost 1/2 acre lot includes a lot that could be sold separately as a buildable lot.
Unit Size
1,120 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$152
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1956

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • 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: 4
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,018
  • Total Building Area: 1,120
  • Gross Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE OF GRIDLEY
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: VILLAGE OF GRIDLEY LOT 8 BLK 8

Neighborhood

  • School District Name: El Paso-Gridley Community Unit School District 11
  • Census Tract: 005102

Geography

  • District: 17
  • Parcel: 02-04-330-009
  • Block: 8
  • Lot: 8
  • Meridian: SEC 04 TWN 26N RNG 03E
  • Municipality: GRIDLEY
  • Latitude: 40.7447
  • Longitude: -88.8844

    Address

  • Full Address: 210 W 5th St
  • Address - House Number: 210
  • Street Direction: W
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Gridley
  • Carrier Code: R001
  • 4-Digit Zip Code: 9700
  • Zip Code: 61744

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $238,750
  • Tax Rate Code Area: 1701

    Appraisal Valuation

  • Standard Deviation: 0.228
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 68
  • Final Value: 132,187
  • High Value: 162,338
  • Low Value: 102,035

    Market Valuation

  • Market Total Value: $98,307
  • Market Land Value: $8,058
  • Market Improvement Value: $90,249

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,769
  • Assessed Land Value: $2,686
  • Assessed Improvements Value: $30,083

    Sales

  • Current Sale Contract Date: May 03, 2018
  • Current Sale Recording Date: May 11, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018-00007323
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 Gridley

Stats & Trends

Median Asking:

$199,000

Sale Price/ft²

$85

Below Asking

0.05%

Average Days on Market

54

Average Home Size

2502 ft²

Average Home Age

87.7 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

Currently no nearby rentals
MRED

Listed by: Bryan Betts, Mahaffey/Betts Realty
Data Source: MRED, MLS# MRD12328781
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 210 West 5th Street built and last sold?
The property at 210 West 5th Street was built in 1956 and last sold on May 3, 2018 for $86,500.
How much is this home worth?
The estimated value of the home located at 210 West 5th Street is $167,286.
What are some comparable homes to 210 West 5th Street?
There are currently no comparable homes to 210 West 5th Street.
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