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Lee 61378
2571 Shaw Road
$150,000
● House - Off Market

2571 Shaw Road

West Brooklyn, IL 61378
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,792 Ft²
$169,742
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Do you have dreams of a quaint farmhouse and a grow your own lifestyle? This is the perfect place for you! This spacious 3 bedroom/1 bath home is a great value. The first floor has a great layout with a living room, family room, and eat in kitchen. Upstairs there are 3 bedrooms and a full bathroom with laundry room. The land is fantastic with over 3 acres, a couple outbuildings, a creek and plenty of space with no neighbors around. The possibilities are endless. Property is being sold as is.
Unit Size
1,792 Ft²
Days on Market
-
Land Size
3.12 acres
Price per sqft
$89
Property Type
House
Property Taxes
$214
HOA Dues
-
Year Built
1893

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11669486)

Price History

Date / Event Date Event Price
Dec 22, 2022 Sold
Premium
Sold
Nov 16, 2022 Listed by Keller Williams Inspire $160,000
Listed by Keller Williams Inspire

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1893
  • Effective Year Built: 1893
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • 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: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 136,081
  • Total Building Area: 1,792
  • Building Area: 1,792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,792
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003124
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: SECT/LOT:5 TWP:37 RNG/BLK:1 PT WH EH SEC 5 9304-1576

Neighborhood

  • School District Name: Mendota Township High School District 280
  • Census Tract: 000900

Geography

  • Account Number: 163484
  • District: 05
  • Parcel: 05-17-05-400-003
  • Block: 1
  • Lot: 5
  • Meridian: SEC 05 TWN 37 RNG 01
  • Municipality: BROOKLYN
  • Latitude: 41.7077
  • Longitude: -89.1354

    Address

  • Full Address: 2571 Shaw Rd
  • Address - House Number: 2571
  • Address - Street Name: Shaw
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: West Brooklyn
  • Carrier Code: R004
  • 4-Digit Zip Code: 9663
  • Zip Code: 61378

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $279,488
  • Tax Rate Code Area: 05003

    Appraisal Valuation

  • Standard Deviation: 0.1643
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 79
  • Final Value: 154,602
  • High Value: 180,007
  • Low Value: 129,196

    Market Valuation

  • Market Total Value: $132,375
  • Market Land Value: $33,066
  • Market Improvement Value: $99,309

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,125
  • Assessed Land Value: $11,022
  • Assessed Improvements Value: $33,103

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 09, 2022
  • Current Sale Recording Date: Dec 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202205298

    Last Sale Mortgage

  • First Mortgage Transaction Date:
    Premium
  • First Mortgage Loan Type:
    Premium
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 Lee

Stats & Trends

Median Asking:

$190,000

Sale Price/ft²

$125

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1950 ft²

Average Home Age

84.2 years

Currently For Sale

75 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: Anne Kothe, Keller Williams Inspire
Last Updated: 3 years ago
Data Source: MRED, MLS# 11669486
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 2571 Shaw Road built and last sold?
The property at 2571 Shaw Road was built in 1893 and last sold on Dec 9, 2022 for $150,000.
How much is this home worth?
The estimated value of the home located at 2571 Shaw Road is $0.
What are some comparable homes to 2571 Shaw Road?
There are currently no comparable homes to 2571 Shaw Road.
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