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Decatur 62526 Home Park
2227 Yorkshire Drive
$131,000
● House - Off Market

2227 Yorkshire Drive

Decatur, IL 62526
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,004 Ft²
$804
Est. Monthly
10.18%
Cap Rate

About This Property

Move-in Ready & Packed with Updates! This 3 bed, 2 bath ranch offers peace of mind and style with major updates already done for you. In 2023, enjoy a new roof, gutters, water heater, and updated bathrooms. In 2024, the home received new HVAC, updated electrical, fresh siding, and new doors. Most recently in 2025, you'll love the fresh paint throughout, new closet shelving, and thoughtful touches throughout. With a functional ranch layout, great curb appeal, and all the big-ticket items taken care of, this home is ready to welcome you! Added bonus- there is a brand new K-8 school a few blocks away, opening in August!
Unit Size
1,004 Ft²
Days on Market
-
Land Size
-
Price per sqft
$129
Property Type
House
Property Taxes
$166
HOA Dues
-
Year Built
1955

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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: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 988
  • Garage Type: 7
  • Garage Square Area: 312
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,125
  • Lot Size Depth Feet: 650
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 988
  • Building Area: 988
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 988
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOME PARK 1ST ADD
  • Land Acres: 0000000187
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: HOME PARK 1ST ADD ~LOT 4 BLK 6 ~ 125X65 ~

Neighborhood

  • School District Name: Decatur School District 61
  • Census Tract: 001801

Zoning

  • Zoning: MUNICIPAL

Geography

  • Account Number: 041208229016
  • District: 04
  • Parcel: 04-12-08-229-016
  • Block: 6
  • Lot: 4
  • Meridian: SEC 8 TWN 16N RNG 2E
  • Municipality: DECATUR
  • Latitude: 39.8604
  • Longitude: -88.9932

    Address

  • Full Address: 2227 Yorkshire Dr
  • Address - House Number: 2227
  • Address - Street Name: Yorkshire
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Decatur
  • Carrier Code: C086
  • 4-Digit Zip Code: 3313
  • Zip Code: 62526

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $169,446
  • Tax Rate Code Area: 04055

    Appraisal Valuation

  • Standard Deviation: 0.1179
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 87
  • Final Value: 83,360
  • High Value: 93,196
  • Low Value: 73,525

    Market Valuation

  • Market Total Value: $67,710
  • Market Land Value: $12,823
  • Market Improvement Value: $54,887

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,568
  • Assessed Land Value: $4,274
  • Assessed Improvements Value: $18,294

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 12, 2020
  • Current Sale Recording Date: May 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1960741
  • Previous Sale Recording Date: Nov 01, 2014
  • Previous Sale Contract Date: Nov 01, 2014
  • Previous Sale Amount: $36,000
  • Previous Sale Document Type: 27
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 Home Park

Stats & Trends

Median Asking:

$172,450

Sale Price/ft²

$77

Above Asking

0.00%

Average Days on Market

38

Average Home Size

2250 ft²

Average Home Age

57.5 years

Currently For Sale

0 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: Kyle Koester, KELLER WILLIAMS-TREC-MONT
Data Source: MRED, MLS# MRD12412814
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 2227 Yorkshire Drive built and last sold?
The property at 2227 Yorkshire Drive was built in 1955 and last sold on May 12, 2020 for $68,000.
How much is this home worth?
The estimated value of the home located at 2227 Yorkshire Drive is $0.
What are some comparable homes to 2227 Yorkshire Drive?
There are currently no comparable homes to 2227 Yorkshire Drive.
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