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Coal City 60416
24 Tipple Way
$310,000
● House - Off Market

24 Tipple Way

Coal City, IL 60416
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,614 Ft²
$1,977
Est. Monthly
7.62%
Cap Rate

About This Property

Welcome to this beautiful 3 bedroom, 2.1 bath ranch, perfectly situated on a quiet cul-de-sac for added privacy and minimal traffic. The yard offers plenty of room for outdoor activities, gardening, or simply relaxing. Step outside to the inviting patio, complete with a convenient retractable awning, ideal for enjoying sunny afternoons or shaded gatherings. Additional features include a handy storage shed for tools and equipment, and partial privacy fencing to create a more secluded feel. Located just minutes from town amenities and with easy access to I-55, this home combines peaceful neighborhood living with excellent convenience for commuters.
Unit Size
1,614 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$183
Property Type
House
Property Taxes
$528
HOA Dues
-
Year Built
2000

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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
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • 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: 11,326
  • Total Building Area: 1,614
  • Gross Building Area: 1,614
  • Building Area: 1,614
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,614
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COALFIELD ESTATES
  • Land Acres: 0000000260
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: COALFIELD ESTATES 3RD SUB LT 50 SEC 2-32-8

Neighborhood

  • School District Name: Coal City Community Unit School District 1
  • Census Tract: 000800

Geography

  • District: 02
  • Parcel: 09-02-358-004
  • Lot: 50
  • Meridian: SEC 02 TWN 32N RNG 08W
  • Municipality: BRACEVILLE TOWNSHIP
  • Latitude: 41.2745
  • Longitude: -88.2841

    Address

  • Full Address: 24 Tipple Way
  • Address - House Number: 24
  • Address - Street Name: Tipple
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Coal City
  • Carrier Code: R002
  • 4-Digit Zip Code: 1765
  • Zip Code: 60416

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $547,626
  • Tax Rate Code Area: 2001

    Appraisal Valuation

  • Standard Deviation: 0.1981
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 73
  • Final Value: 268,426
  • High Value: 321,621
  • Low Value: 215,230

    Market Valuation

  • Market Total Value: $229,797
  • Market Land Value: $39,948
  • Market Improvement Value: $189,849

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,599
  • Assessed Land Value: $13,316
  • Assessed Improvements Value: $63,283
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 Coal City

Stats & Trends

Median Asking:

$282,000

Sale Price/ft²

$201

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1885 ft²

Average Home Age

43.8 years

Currently For Sale

9 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: Lori Bonarek, Lori Bonarek Realty
Data Source: MRED, MLS# MRD12439435
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 24 Tipple Way built and last sold?
The property at 24 Tipple Way was built in 2000 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 24 Tipple Way is $0.
What are some comparable homes to 24 Tipple Way?
There are currently no comparable homes to 24 Tipple Way.
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