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Livingston
27726 N 500 East Road
$179,000
● House - Off Market

27726 N 500 East Road

Ancona, IL 61311
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,331 Ft²
$944
Est. Monthly
14.99%
Cap Rate

About This Property

Highest and best by the end of 12/27/23.  Country living finally at an affordable price!  Situated on 1.85 acres only 5 min south of Streator in desirable Woodland schools district.  This farmette features 1331sf home, detached garage and a barn.  Home offers 3 bedrooms, 2 baths, partial basement, 1st floor laundry and bath.  First floor boasts spacious living room and dining room, kitchen, laundry, 1 bedroom and 1 bath.  Upstairs features remaining 2 bedrooms and a full bath.  Unincorporated, low taxes.  Zoned Ag-1.
Unit Size
1,331 Ft²
Days on Market
-
Land Size
1.85 acres
Price per sqft
$134
Property Type
House
Property Taxes
$64
HOA Dues
-
Year Built
1914

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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: 2 years ago (MRED MLS #11949660)

Price History

Date / Event Date Event Price
Feb 5, 2024 Sold
Premium
Sold
Dec 20, 2023 Listed by RE/MAX 1st Choice $179,000
Listed by RE/MAX 1st Choice

Property Highlights

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 574
  • Garage Type: 7
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 80,586
  • Total Building Area: 1,148
  • Building Area: 1,148
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 11
  • Heated Square Feet: 1,148
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001850
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: 01-36-100-009 S36 T30 R3 1.85 ACRES COM 1325.53' S61.4' E OF NW COR SEC E247.2' SE316' W262.47' N316' TO POB

Neighborhood

  • School District Name: Woodland Community Unit School District 5
  • Census Tract: 960400

Geography

  • District: 01
  • Parcel: 01-01-36-100-009
  • Meridian: SEC 36 TWN 30N RNG 03E
  • Municipality: READING
  • Latitude: 41.0279
  • Longitude: -88.8331

    Address

  • Full Address: 27726 N 500 East Rd
  • Address - House Number: 27726
  • Street Direction: N
  • Address - Street Name: 500 East
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Ancona
  • Carrier Code: R001
  • 4-Digit Zip Code: 9786
  • Zip Code: 61311

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $76,898
  • Tax Rate Code Area: 01004

    Appraisal Valuation

  • Standard Deviation: 0.2323
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 67
  • Final Value: 120,664
  • High Value: 148,695
  • Low Value: 92,634

    Market Valuation

  • Market Total Value: $84,858
  • Market Land Value: $22,128
  • Market Improvement Value: $62,730

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,286
  • Assessed Land Value: $7,376
  • Assessed Improvements Value: $20,910

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Livingston

Stats & Trends

Median Asking:

$175,000

Sale Price/ft²

$115

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1645 ft²

Average Home Age

81.5 years

Currently For Sale

88 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: Phil Makarewicz, RE/MAX 1st Choice
Last Updated: 2 years ago
Data Source: MRED, MLS# 11949660
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 27726 North 500 E Road built and last sold?
The property at 27726 North 500 E Road was built in 1914 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 27726 North 500 E Road is $179,491.
What are some comparable homes to 27726 North 500 E Road?
There are currently no comparable homes to 27726 North 500 E Road.
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