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Manteno 60950
268 Jan Drive
$145,000
● House - Off Market

268 Jan Drive

Manteno, IL 60950
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,490 Ft²
$1,220
Est. Monthly
17.76%
Cap Rate

About This Property

Welcome To 268 Jan Dr, Manteno! Instant Equity Once You Make This Home All Your Own! Desired Ranch with 4 Bedrooms & 1.5 Bathrooms. Lovely Living Room with New Wood Look Laminate Flooring in 2021 & Freshly Painted. Kitchen with Dining Table Combo; New Laminate Flooring, Gas Stove & Reverse Osmosis System Stays (Freezer Does Not Stay). 3 Bedrooms with Original Hardwood Flooring. Full Bathroom With Updated Vanity. Large Family Room Off Back Of Home. Master Bedroom with Large Closet & Organizers. Separate Laundry Room with Half Bath (washer/dryer not included). Brand New Hot Water Heater 2023. Rheem Furnace. AC Unit AS IS. Attached 1 Car Deep Garage. Enclosed Screened In Porch. Shed & Large Backyard. Property Strictly Sold AS IS. No Survey. Cash or Conventional Loans Only. Wont Pass FHA/VA.
Unit Size
1,490 Ft²
Days on Market
-
Land Size
-
Price per sqft
$114
Property Type
House
Property Taxes
$385
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: 3 years ago (MRED MLS #11932778)

Price History

Date / Event Date Event Price
Dec 29, 2023 Sold
Premium
Sold
Nov 27, 2023 Listed by Keller Williams Preferred Rlty $169,900
Listed by Keller Williams Preferred Rlty

Property Highlights

Air Conditioning

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: 8,190
  • 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: HENDRICKSON SUB
  • Land Acres: 0000000188
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: R C HENDRICKSON SUB LOT 5 & E 3' LOT 4 BLK 2 15-32-12E

Neighborhood

  • School District Name: Manteno Community Unit School District 5
  • Census Tract: 010204

Geography

  • District: 3
  • Parcel: 03-02-15-404-009
  • Block: 2
  • Lot: 4,5
  • Municipality: MANTENO
  • Latitude: 41.2524
  • Longitude: -87.8278

    Address

  • Full Address: 268 Jan Dr
  • Address - House Number: 268
  • Address - Street Name: Jan
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Manteno
  • Carrier Code: C001
  • 4-Digit Zip Code: 1323
  • Zip Code: 60950

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $461,886
  • Tax Rate Code Area: 3002

    Appraisal Valuation

  • Standard Deviation: 0.1098
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 88
  • Final Value: 177,549
  • High Value: 197,045
  • Low Value: 158,052

    Market Valuation

  • Market Total Value: $171,123
  • Market Land Value: $33,684
  • Market Improvement Value: $137,439

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,041
  • Assessed Land Value: $11,228
  • Assessed Improvements Value: $45,813

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 23, 2023
  • Current Sale Recording Date: Jan 19, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 554
  • Previous Sale Recording Date: Jun 07, 2017
  • Previous Sale Contract Date: May 26, 2017
  • Previous Sale Amount: $86,667
  • Previous Sale Document Type: 36
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 Manteno

Stats & Trends

Median Asking:

$330,900

Sale Price/ft²

$179

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1822 ft²

Average Home Age

50.2 years

Currently For Sale

18 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: Amelia Bodie, Keller Williams Preferred Rlty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11932778
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 268 Jan Drive built and last sold?
The property at 268 Jan Drive was built in and last sold on Dec 23, 2023 for $145,000.
How much is this home worth?
The estimated value of the home located at 268 Jan Drive is $0.
What are some comparable homes to 268 Jan Drive?
There are currently no comparable homes to 268 Jan Drive.
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