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Lee 60553
2791 Perry Road
$255,000
● House - Off Market

2791 Perry Road

Steward, IL 60553
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,700 Ft²
$251,837
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

1700 square foot country ranch on 1.75 acres featuring vaulted ceilings, 6 panel doors, stone woodburning fireplace, window treatments, laundry room with sink, Aprilaire humidifier, roof and gutter guards 2020, 14'6x48' deck, 12' gazebo, and 12'x20' outdoor shed with overhead door,
Unit Size
1,700 Ft²
Days on Market
-
Land Size
1.75 acres
Price per sqft
$147
Property Type
House
Property Taxes
$276
HOA Dues
-
Year Built
1998

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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 #11755939)

Price History

Date / Event Date Event Price
May 23, 2023 Sold
Premium
Sold
Apr 10, 2023 Listed by Northwest Illinois Realty, LLC $249,900
Listed by Northwest Illinois Realty, LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 1,040
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 75,359
  • Lot Size Depth Feet: 3,020
  • Lot Size Frontage Feet: 2,800
  • Total Building Area: 1,700
  • Building Area: 1,700
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,700
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PERRY ROAD SUB
  • Land Acres: 0000001730
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: SEC22 TWP39 RNG1 PERRY RD SUB LTS 1 & 2 9610-0236

Neighborhood

  • School District Name: Rochelle Township High School District 212
  • Census Tract: 000100

Geography

  • Account Number: 18359
  • District: 17
  • Parcel: 17-05-22-200-012
  • Meridian: SEC 22 TWN 39 RNG 01
  • Municipality: REYNOLDS
  • Latitude: 41.8464
  • Longitude: -89.0942

    Address

  • Full Address: 2791 Perry Rd
  • Address - House Number: 2791
  • Address - Street Name: Perry
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Steward
  • Carrier Code: R003
  • 4-Digit Zip Code: 9705
  • Zip Code: 60553

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $321,814
  • Tax Rate Code Area: 17001

    Appraisal Valuation

  • Standard Deviation: 0.2357
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 67
  • Final Value: 253,607
  • High Value: 313,394
  • Low Value: 193,820

    Market Valuation

  • Market Total Value: $187,782
  • Market Land Value: $21,801
  • Market Improvement Value: $165,981

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,594
  • Assessed Land Value: $7,267
  • Assessed Improvements Value: $55,327

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 23, 2023
  • Current Sale Recording Date: May 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202301701

    Financing

  • First Mortgage Financing Type: FIX
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:

$194,950

Sale Price/ft²

$125

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1883 ft²

Average Home Age

87.1 years

Currently For Sale

71 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

Rentals Near You

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MRED

Listed by: John Rosengren, Northwest Illinois Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11755939
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 2791 Perry Road built and last sold?
The property at 2791 Perry Road was built in 1998 and last sold on May 23, 2023 for $255,000.
How much is this home worth?
The estimated value of the home located at 2791 Perry Road is $0.
What are some comparable homes to 2791 Perry Road?
There are currently no comparable homes to 2791 Perry Road.
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