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El Paso 61738
237 W Main Street
$95,900
● House - Off Market

237 W Main Street

El Paso, IL 61738
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,789 Ft²
$660
Est. Monthly
44.82%
Cap Rate

About This Property

3 bedroom, 1 bath house located in El Paso.
Unit Size
1,789 Ft²
Days on Market
-
Land Size
-
Price per sqft
$56
Property Type
House
Property Taxes
$169
HOA Dues
-
Year Built
-

Payment Calculator

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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 #12260519)

Price History

Date / Event Date Event Price
Feb 19, 2025 Sold
Premium
Sold
Dec 25, 2024 Listed by Brilliant Real Estate $99,900
Listed by Brilliant Real Estate

Property Highlights

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: 7,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • 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
  • Subdivision: WATHENS SUBDIVISION
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: T26N - R2E - S05 PT LOT 3 BLK 16 WATHENS ADDN

Neighborhood

  • School District Name: El Paso-Gridley Community Unit School District 11
  • Census Tract: 030700

Geography

  • District: 16
  • Parcel: 16-05-305-018
  • Block: 16
  • Lot: 3
  • Meridian: SEC 05 TWN 26N RNG 02E
  • Municipality: EL PASO
  • Latitude: 40.7373
  • Longitude: -89.0198

    Address

  • Full Address: 237 W Main St
  • Address - House Number: 237
  • Street Direction: W
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: IL
  • City Name: El Paso
  • Carrier Code: C002
  • 4-Digit Zip Code: 1436
  • Zip Code: 61738

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $189,472
  • Tax Rate Code Area: 16005

    Appraisal Valuation

  • Standard Deviation: 0.1814
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 76
  • Final Value: 105,427
  • High Value: 124,554
  • Low Value: 86,300

    Market Valuation

  • Market Total Value: $85,026
  • Market Land Value: $12,753
  • Market Improvement Value: $72,273

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,342
  • Assessed Land Value: $4,251
  • Assessed Improvements Value: $24,091
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 El Paso

Stats & Trends

Median Asking:

$189,000

Sale Price/ft²

$93

Below Asking

0.02%

Average Days on Market

47

Average Home Size

1184 ft²

Average Home Age

76.7 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

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MRED

Listed by: Jason Collins, Brilliant Real Estate
Last Updated: 2 years ago
Data Source: MRED, MLS# 12260519
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 237 West Main Street built and last sold?
The property at 237 West Main Street 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 237 West Main Street is $112,150.
What are some comparable homes to 237 West Main Street?
There are currently no comparable homes to 237 West Main Street.
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