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Gardner 60424
308 N PINE Street
$116,000
● House - Off Market

308 N PINE Street

GARDNER, IL 60424
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,100 Ft²
$226,743
RealtyHop Estimate
89.11%
Since Aug 1, 2008
National-US
Primary Model

About This Property

Corporate owned / sold as-is  / addendum required upon accepted offer / no survey or disclosure provided / buyer responsible for any required inspections / pre-approval or verification of funds required  / EM certified funds only / Allow ample time for response to offers /  Great investment property.
Unit Size
1,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$109
Property Type
House
Property Taxes
$212
HOA Dues
-
Year Built
1994

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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.

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 7,841
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORIGINAL TOWN GARDNER
  • Land Acres: 0000000180
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: ORIG TN GARDNER LT 8 BLK 11 SEC 4-31-8

Neighborhood

  • School District Name: Gardner Community Consolidated School District 72C
  • Census Tract: 000900

Geography

  • District: 05
  • Parcel: 12-04-479-015
  • Block: 11
  • Lot: 8
  • Meridian: SEC 04 TWN 31N RNG 08W
  • Municipality: GARFIELD TOWNSHIP
  • Latitude: 41.1894
  • Longitude: -88.3033

    Address

  • Full Address: 308 N Pine St
  • Address - House Number: 308
  • Street Direction: N
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: IL
  • City Name: Gardner
  • Carrier Code: R002
  • 4-Digit Zip Code: 7065
  • Zip Code: 60424

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $417,450
  • Tax Rate Code Area: 5051

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 75
  • Final Value: 186,669
  • High Value: 221,224
  • Low Value: 152,115

    Market Valuation

  • Market Total Value: $152,790
  • Market Land Value: $14,352
  • Market Improvement Value: $138,438

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,930
  • Assessed Land Value: $4,784
  • Assessed Improvements Value: $46,146

    Exemptions

  • 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 Gardner

Stats & Trends

Median Asking:

$199,000

Sale Price/ft²

$134

Below Asking

0.03%

Average Days on Market

45

Average Home Size

1472 ft²

Average Home Age

133 years

Currently For Sale

2 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: Art Weller, Three Rivers Realty, Inc
Data Source: MRED, MLS# MRD06878926
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 308 North Pine Street built and last sold?
The property at 308 North Pine Street was built in 1994 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 308 North Pine Street is $117,868.
What are some comparable homes to 308 North Pine Street?
There are currently no comparable homes to 308 North Pine Street.
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