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Will 60481
21112 W Highway 113
$235,000
● House - Off Market

21112 W Highway 113

Custer Park, IL 60481
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,200 Ft²
$1,772
Est. Monthly

About This Property

Opportunity knocks, 4 bedroom, 2 bath quad level home located on the Kankakee River, no flooding, 100' water frontage, 2 1/2 garage extra deep garage, granite countertops, fireplace. Breathtaking water views  Being sold in "as is" condition
Unit Size
2,200 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$120
Property Type
House
Property Taxes
$470
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.

Property Highlights

Garage
With View
Fireplace

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: 30,056
  • 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: 0000000690
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: THAT PRT OF THE NE1/4 OF SEC 19, T32N-R10E DAF: COMM AT THE CTR OF SD SEC 19, RUNNING THC E 720.7 FT TO THE CTRLN OF THE CONC

Neighborhood

  • School District Name: Reed Custer Community Unit School District 255U
  • Census Tract: 884005

Geography

  • Parcel: 01-25-19-202-008
  • Meridian: SEC 19 TWN 32N RNG 10E
  • Municipality: CUSTER TWP
  • Latitude: 41.241
  • Longitude: -88.117

    Address

  • Full Address: 21112 W Highway 113
  • Address - House Number: 21112
  • Street Direction: W
  • Address - Street Name: Highway 113
  • State: IL
  • City Name: Wilmington
  • Carrier Code: R002
  • 4-Digit Zip Code: 9161
  • Zip Code: 60481

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $527,710
  • Tax Rate Code Area: 0104

    Appraisal Valuation

  • Standard Deviation: 0.1151
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 87
  • Final Value: 352,177
  • High Value: 392,720
  • Low Value: 311,635

    Market Valuation

  • Market Total Value: $271,755
  • Market Land Value: $64,965
  • Market Improvement Value: $206,790

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $90,585
  • Assessed Land Value: $21,655
  • Assessed Improvements Value: $68,930

    Exemptions

  • Homeowner Exemption: Yes
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 Will

Stats & Trends

Median Asking:

$389,900

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2369 ft²

Average Home Age

33.1 years

Currently For Sale

1508 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: Christopher Shell, Pro Real Estate
Data Source: MRED, MLS# MRD12529414
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 21112 West Rt 113 built and last sold?
The property at 21112 West Rt 113 was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 21112 West Rt 113 is $0.
What are some comparable homes to 21112 West Rt 113?
There are currently no comparable homes to 21112 West Rt 113.
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