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Ellsworth 61737
302 N East Street
$57,750
● House - Off Market

302 N East Street

Ellsworth, IL 61737
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,548 Ft²
$656
Est. Monthly
44.12%
Cap Rate

About This Property

Check out this four bedroom home with lots of potential in the village of Ellsworth. Located on the outskirts of the village, you will appreciate the quiet setting and layout that offers two full baths, plenty of space, and a back deck. This corner property includes a barn, which can be used for storage or even parking. This property will be included in the next Xome .com Auction. Buyers must sign up and place bids through www.xome .com. Bidding Event Start Date: 11/15/2025 08:00 CST. Bidding Event End Date: 11/19/2025 13:30 CST. All auction properties are subject to a 5 per cent buyers premium pursuant to the Event Agreement, and Auction Terms & Conditions minimums will apply. Buyers and buyer's agent to verify any and all info.
Unit Size
1,548 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$56
Property Type
House
Property Taxes
$231
HOA Dues
-
Year Built
1889

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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.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1889
  • Effective Year Built: 1889
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • 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: 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: 6,098
  • Total Building Area: 1,548
  • Gross Building Area: 1,548
  • Building Area: 1,548
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,548
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE OF ELLSWORTH
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: VILLAGE OF ELLSWORTH E 1/2 LOT 1 & 4

Neighborhood

  • School District Name: Tri-Valley Community Unit School District 3
  • Census Tract: 005602

Geography

  • District: 12
  • Parcel: 23-14-255-004
  • Lot: 1,4
  • Meridian: SEC 14 TWN 23N RNG 04E
  • Municipality: DAWSON
  • Latitude: 40.4505
  • Longitude: -88.7147

    Address

  • Full Address: 302 N East St
  • Address - House Number: 302
  • Street Direction: N
  • Address - Street Name: East
  • Address - Suffix Type: St
  • State: IL
  • City Name: Ellsworth
  • Carrier Code: R777
  • 4-Digit Zip Code: 7537
  • Zip Code: 61737

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $219,876
  • Tax Rate Code Area: 1201

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 82,952
  • High Value: 121,038
  • Low Value: 44,865

    Market Valuation

  • Market Total Value: $92,247
  • Market Land Value: $5,544
  • Market Improvement Value: $86,703

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,749
  • Assessed Land Value: $1,848
  • Assessed Improvements Value: $28,901

    Sales

  • Current Sale Contract Date: Apr 04, 2022
  • Current Sale Recording Date: Apr 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6555
  • Previous Sale Recording Date: Feb 28, 2019
  • Previous Sale Contract Date: Feb 19, 2019
  • Previous Sale Amount: $80,000
  • 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 Ellsworth

Stats & Trends

Median Asking:

$132,450

Sale Price/ft²

$116

Below Asking

0.03%

Average Days on Market

114

Average Home Size

1150 ft²

Average Home Age

77 years

Currently For Sale

0 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: Laura Davis, The Real Estate Shoppe
Data Source: MRED, MLS# MRD12462543
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 302 North Street built and last sold?
The property at 302 North Street was built in 1889 and last sold on Apr 4, 2022 for $105,000.
How much is this home worth?
The estimated value of the home located at 302 North Street is $87,365.
What are some comparable homes to 302 North Street?
There are currently no comparable homes to 302 North Street.
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