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Will 60481
23525 Widows Road
$385,150
● House - Off Market

23525 Widows Road

Wilmington, IL 60481
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$379,347
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Relax and unwind as you look out upon 7.7 acres.  This all brick ranch has been beautifully redone with hardwood floors, new kitchen with walk in pantry, new bathrooms, also freshly painted.  Wood burning fireplace in living room with built in shelving/cabinets.  The property has been well maintained and is ready for its new owner. Large outbuilding with insulated shop, bathroom, concrete floors, and electric.  Call for your tour today! Updates also include; windows, roof, gutters and downspouts.  Horses welcome.  Estate sale, being sold as-is.
Unit Size
-
Days on Market
-
Land Size
7.73 acres
Price per sqft
-
Property Type
House
Property Taxes
$280
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.

Last updated: 3 years ago (MRED MLS #11383370)

Price History

Date / Event Date Event Price
Jun 1, 2022 Sold
Premium
Sold
Apr 22, 2022 Listed by Coldwell Banker Real Estate Group $375,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Garage
Air Conditioning
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: 336,719
  • 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: 0000007730
  • Standard Land Use Code: 1008
  • County Land Use Code: 0011
  • Legal Description 1: THAT PRT OF THE W 30 ACRES OF THE NW1/4 OF THE NE1/4 SEC 27, T33N-R9E DAF: COMM AT A PT ON THE N LN OF SD NE1/4, WHICH PT IS

Neighborhood

  • School District Name: Wilmington Community Unit School District 209U
  • Census Tract: 883402

Geography

  • Parcel: 03-17-27-200-014
  • Meridian: SEC 27 TWN 33N RNG 09E
  • Municipality: WILMINGTON
  • Latitude: 41.3184
  • Longitude: -88.1795

    Address

  • Full Address: 23525 Widows Rd
  • Address - House Number: 23525
  • Address - Street Name: Widows
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Wilmington
  • Carrier Code: R004
  • 4-Digit Zip Code: 9396
  • Zip Code: 60481

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $365,052
  • Tax Rate Code Area: 0304

    Market Valuation

  • Market Total Value: $179,016
  • Market Land Value: $41,571
  • Market Improvement Value: $137,445

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $65,980
  • Assessed Land Value: $15,564
  • Assessed Improvements Value: $50,416

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 16, 2022
  • Current Sale Recording Date: Jun 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 47517
  • Previous Sale Recording Date: Aug 01, 1996
  • Previous Sale Contract Date: Jul 02, 1996
  • Previous Sale Document Type: 69
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

2364 ft²

Average Home Age

33.3 years

Currently For Sale

1558 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: Mindy Rampa, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11383370
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 23525 Widows Road built and last sold?
The property at 23525 Widows Road was built in and last sold on May 16, 2022 for $385,150.
How much is this home worth?
The estimated value of the home located at 23525 Widows Road is $0.
What are some comparable homes to 23525 Widows Road?
There are currently no comparable homes to 23525 Widows Road.
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