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Kane 60151
2N773 Meredith Road
$230,000
● House - Off Market

2N773 Meredith Road

Maple Park, IL 60151
bedrooms
3 Beds
bathrooms
1 Bath
square feet
840 Ft²
$224,976
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

MULTIPLE OFFERS.  We are asking for highest and best by 9pm Monday 5/23.  Thanks! This charming 3 bedroom country ranch is the perfect starter home or for someone looking to downsize! Enjoy the country life on 2.16 Acres, while still being close to the Randall Rd corridor or DeKalb shopping.  It is also located within a 10 miles of I-88.  This home features an open floor plan, real bamboo floors, modern kitchen and bathroom with ceramic tile flooring.  Enjoy the view of the huge backyard with it's beautiful wild flower gardens from the deck!
Unit Size
840 Ft²
Days on Market
-
Land Size
2.16 acres
Price per sqft
$262
Property Type
House
Property Taxes
$431
HOA Dues
-
Year Built
1944

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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 #11408672)

Price History

Date / Event Date Event Price
Jul 7, 2022 Sold
Premium
Sold
May 18, 2022 Listed by eXp Realty, LLC $219,900
Listed by eXp Realty, LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 94,090
  • Total Building Area: 1,160
  • Gross Building Area: 1,160
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0011
  • State Land Use Code: 0011
  • Legal Description 1: PART OF NE 1/4 OF SEC 34-40-6 AS DESC IN DOC 2006K103016

Neighborhood

  • School District Name: Kaneland Community Unit School District 302
  • Census Tract: 852403

Geography

  • Parcel: 07-34-200-005
  • Lot: 5
  • Meridian: SEC 34 TWN 40 RNG 06
  • Municipality: VIRGIL
  • Latitude: 41.9058
  • Longitude: -88.5365

    Address

  • Full Address: 2n773 Meredith Rd
  • Address - House Number: 2n773
  • Address - Street Name: Meredith
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Maple Park
  • Carrier Code: R013
  • 4-Digit Zip Code: 9391
  • Zip Code: 60151

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $556,858
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: VI053

    Appraisal Valuation

  • Standard Deviation: 0.1567
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 257,669
  • High Value: 298,046
  • Low Value: 217,292

    Market Valuation

  • Market Total Value: $198,797
  • Market Land Value: $101,762
  • Market Improvement Value: $97,035

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,239
  • Assessed Land Value: $33,907
  • Assessed Improvements Value: $32,332

    Sales

  • Current Sale Contract Date: Jul 01, 2022
  • Current Sale Recording Date: Jul 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 35851
  • Previous Sale Recording Date: Nov 13, 2015
  • Previous Sale Contract Date: Oct 20, 2015
  • Previous Sale Amount: $155,500
  • Previous Sale Document Type: 71
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 Kane

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$216

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2391 ft²

Average Home Age

33 years

Currently For Sale

826 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: James Stehlin, eXp Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11408672
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 2N773 Meredith Road built and last sold?
The property at 2N773 Meredith Road was built in 1944 and last sold on Jul 1, 2022 for $230,000.
How much is this home worth?
The estimated value of the home located at 2N773 Meredith Road is $220,471.
What are some comparable homes to 2N773 Meredith Road?
There are currently no comparable homes to 2N773 Meredith Road.
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