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Channahon 60410
25146 W MCMILLIN Drive
$258,000
● House - Off Market

25146 W MCMILLIN Drive

CHANNAHON, IL 60410
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$530,484
RealtyHop Estimate
83.62%
Since Feb 1, 2008
National-US
Primary Model

About This Property

Corporate owned / sold in as-is condition / addendum required upon accepted offer / no survey or disclosure provided / buyer responsible for any required inspections / pre-approval or verification of funds required with all offers / Earnest money certified funds only / Allow ample time for response to offers. Great investment property.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$708
HOA Dues
-
Year Built
1996

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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

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,070
  • Lot Size Depth Feet: 2,230
  • Lot Size Frontage Feet: 900
  • Total Building Area: 3,000
  • Building Area: 2,520
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,520
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWLANDS UNIT ONE
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 39 IN MEADOWLAND'S SUB UNIT 1, A SUB OF PRT OF THE E1/2 OF THE NW1/4 THE W1/2 OF THE NE1/4 OF SEC 8, T34N-R9E.

Neighborhood

  • School District Name: Minooka Community High School District 111
  • Census Tract: 883305

Geography

  • Parcel: 04-10-08-210-004
  • Lot: 39
  • Meridian: SEC 08 TWN 34N RNG 09E
  • Municipality: CHANNAHON
  • Latitude: 41.4458
  • Longitude: -88.2235

    Address

  • Full Address: 25146 W Mcmillin Dr
  • Legal Unit: 1
  • Address - House Number: 25146
  • Street Direction: W
  • Address - Street Name: Mcmillin
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Channahon
  • Carrier Code: R007
  • 4-Digit Zip Code: 3230
  • Zip Code: 60410

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $962,568
  • Tax Rate Code Area: 0419

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 427,025
  • High Value: 487,649
  • Low Value: 366,401

    Market Valuation

  • Market Total Value: $353,721
  • Market Land Value: $70,674
  • Market Improvement Value: $283,047

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $117,907
  • Assessed Land Value: $23,558
  • Assessed Improvements Value: $94,349

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 02, 2008
  • Current Sale Recording Date: Feb 13, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: R2008018684
  • Previous Sale Recording Date: Dec 05, 2007
  • Previous Sale Contract Date: Mar 28, 2007
  • Previous Sale Document Type: 64
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 Channahon

Stats & Trends

Median Asking:

$404,500

Sale Price/ft²

$179

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2224 ft²

Average Home Age

15.5 years

Currently For Sale

42 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

Unit for rent at 144 Zapata Lane, Minooka, IL, 60447

$3,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,232 ft²
144 Zapata Lane, Minooka, IL, 60447 Listing by Vytautas Sruoga
Unit for rent at 25365 S Fryer Street, Channahon, IL, 60410

$1,450 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
25365 S Fryer Street #1, Channahon, IL, 60410 Listing by Jessica Eiler

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Art Weller, Three Rivers Realty, Inc
Data Source: MRED, MLS# MRD06732560
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 25146 West McMillin Drive built and last sold?
The property at 25146 West McMillin Drive was built in 1996 and last sold on Jan 2, 2008 for $258,000.
How much is this home worth?
The estimated value of the home located at 25146 West McMillin Drive is $291,789.
What are some comparable homes to 25146 West McMillin Drive?
There are currently no comparable homes to 25146 West McMillin Drive.
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