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Machesney Park 61115
232 Huron Road
$97,500
● House - Off Market

232 Huron Road

Machesney Park, IL 61115
bedrooms
2 Beds
bathrooms
1 Bath
square feet
679 Ft²
$690
Est. Monthly
20.87%
Cap Rate

About This Property

Adorable rehabbed home in a great location close to everything! Fresh paint inside and outside; all new flooring throughout, new bathroom. First-floor laundry room/mud room with huge closet for extra storage. Brand new furnace and roof was done in 2017.
Unit Size
679 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$155
Property Type
House
Property Taxes
$174
HOA Dues
-
Year Built
1960

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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 #12174505)

Price History

Date / Event Date Event Price
Nov 1, 2024 Sold
Premium
Sold
Oct 6, 2024 In contract -
In contract
Sep 27, 2024 Listed by Keller Williams Realty Signature $105,000
Listed by Keller Williams Realty Signature

Property Highlights

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • 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: 8,940
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 600
  • Total Building Area: 679
  • Gross Building Area: 679
  • Building Area: 679
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 11
  • Heated Square Feet: 679
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH PARK SECOND SUB
  • Land Acres: 0000000205
  • Standard Land Use Code: 1001
  • County Land Use Code: 31
  • Legal Description 1: NORTH PARK SECOND SUB PT SEC 31-45-2 +SEC 36-45-1 LOT 033 BLOCK 015

Neighborhood

  • School District Name: Harlem Unit School District 122
  • Census Tract: 000103

Zoning

  • Zoning: R1 - SINGL

Geography

  • Account Number: 139B192
  • Parcel: 07-36-227-033
  • Block: 015
  • Lot: 033
  • Meridian: SEC 31 TWN 45 RANGE 2
  • Municipality: HARLEM
  • Latitude: 42.3377
  • Longitude: -89.06

    Address

  • Full Address: 232 Huron Rd
  • Address - House Number: 232
  • Address - Street Name: Huron
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Machesney Park
  • Carrier Code: C032
  • 4-Digit Zip Code: 2826
  • Zip Code: 61115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $207,530
  • Tax Rate Code Area: 144

    Appraisal Valuation

  • Standard Deviation: 0.2326
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 90,492
  • High Value: 111,545
  • Low Value: 69,439

    Market Valuation

  • Market Total Value: $66,222
  • Market Land Value: $11,019
  • Market Improvement Value: $55,203

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,074
  • Assessed Land Value: $3,673
  • Assessed Improvements Value: $18,401
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 Machesney Park

Stats & Trends

Median Asking:

$210,000

Sale Price/ft²

$157

Below Asking

0.01%

Average Days on Market

37

Average Home Size

1731 ft²

Average Home Age

49.7 years

Currently For Sale

23 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

Rentals Near You

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MRED

Listed by: Angie Wait, Keller Williams Realty Signature
Last Updated: 2 years ago
Data Source: MRED, MLS# 12174505
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 232 Huron Road built and last sold?
The property at 232 Huron Road was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 232 Huron Road is $106,823.
What are some comparable homes to 232 Huron Road?
There are currently no comparable homes to 232 Huron Road.
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