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Arrowsmith 61722
307 N Walnut Street
$175,000
● House - Off Market

307 N Walnut Street

Arrowsmith, IL 61722
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,120 Ft²
$1,015
Est. Monthly
21.47%
Cap Rate

About This Property

Stunning completely remodeled 1.5 story house in Arrowsmith! This beauty went through the works with a complete remodel from head to toe. All new kitchen and appliances, 3 remodeled bathrooms, new flooring throughout, fresh drywall in several areas of the home, fresh paint throughout, some new windows, updated plumbing and electrical, partial roof replacement, new kitchen and bathroom addition(framing, duct work, insulation, etc), new gutters, fresh insulation in various areas in the house, new hot water heater.....the list goes on! Finished with quality materials, this one wont last long! No backyard neighbors!
Unit Size
2,120 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$85
Property Type
House
Property Taxes
$131
HOA Dues
-
Year Built
2002

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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: 2 years ago (MRED MLS #12263519)

Price History

Date / Event Date Event Price
Mar 5, 2025 Sold
Premium
Sold
Jan 28, 2025 In contract -
In contract
Jan 21, 2025 Listed by RE/MAX Rising $179,900
Listed by RE/MAX Rising

Property Highlights

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • 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: 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: 10,454
  • Total Building Area: 1,540
  • Gross Building Area: 1,540
  • Building Area: 1,540
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,540
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: YOUNGS ADD
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 9999
  • Legal Description 1: SEC 15-23-5E YOUNGS ADDN TO ARROWSMITH BLK 4 LOT 11 & ORIG TOWN OF ARROWSMITH BLK 1 N48 LOT 2

Neighborhood

  • School District Name: Ridgeview Community Unit School District 19
  • Census Tract: 005602

Geography

  • District: 3
  • Parcel: 24-15-154-017
  • Block: 4,1
  • Lot: 11
  • Municipality: ARROWSMITH
  • Latitude: 40.4512
  • Longitude: -88.6302

    Address

  • Full Address: 307 N Walnut St
  • Address - House Number: 307
  • Street Direction: N
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: IL
  • City Name: Arrowsmith
  • Carrier Code: R777
  • 4-Digit Zip Code: 7532
  • Zip Code: 61722

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 301

    Assessments Valuation

  • Assessed Year: 2022
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 Arrowsmith

Stats & Trends

Median Asking:

$141,250

Sale Price/ft²

$104

Above Asking

0.00%

Average Days on Market

51

Average Home Size

1543 ft²

Average Home Age

156 years

Currently For Sale

1 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: Jaiden Snodgrass, RE/MAX Rising
Last Updated: 2 years ago
Data Source: MRED, MLS# 12263519
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 307 North Walnut Street built and last sold?
The property at 307 North Walnut Street was built in 2002 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 307 North Walnut Street is $0.
What are some comparable homes to 307 North Walnut Street?
There are currently no comparable homes to 307 North Walnut Street.
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