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Downs 61736
309 E Dooley Street
$130,000
● House - Off Market

309 E Dooley Street

Downs, IL 61736
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,028 Ft²
$129,239
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

MOVE RIGHT IN! Nothing to do here in this 2-BEDROOM RANCH STYLE home. Too many updates to list but examples are stainless steel appliances, electrical, siding and new flooring throughout the home. Located in Coveted Tri-Valley School District. Check this out before it's gone!      SQFT believed accurate but not warranted.
Unit Size
1,028 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$122
Property Type
House
Property Taxes
$180
HOA Dues
-
Year Built
1959

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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 #11399875)

Price History

Date / Event Date Event Price
Aug 16, 2022 Sold
Premium
Sold
Jul 1, 2022 Listed by Main Street Brokers $125,000
Listed by Main Street Brokers

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • 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: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,840
  • Total Building Area: 992
  • Gross Building Area: 992
  • Building Area: 992
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 992
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DO WELL SUB
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: DO WELL SUB- DOWNS E 12 LOT 5 & W42 LOT 6 BLK 2

Neighborhood

  • School District Name: Tri-Valley Community Unit School District 3
  • Census Tract: 005401

Geography

  • District: 13
  • Parcel: 29-04-210-005
  • Block: 2
  • Lot: 5,6
  • Meridian: SEC 04 TWN 22N RNG 03E
  • Municipality: DOWNS
  • Latitude: 40.3996
  • Longitude: -88.8687

    Address

  • Full Address: 309 E Dooley St
  • Address - House Number: 309
  • Street Direction: E
  • Address - Street Name: Dooley
  • Address - Suffix Type: St
  • State: IL
  • City Name: Downs
  • Carrier Code: R004
  • 4-Digit Zip Code: 9495
  • Zip Code: 61736

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $220,578
  • Tax Rate Code Area: 1301

    Appraisal Valuation

  • Standard Deviation: 0.1631
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 146,858
  • High Value: 170,815
  • Low Value: 122,902

    Market Valuation

  • Market Total Value: $93,996
  • Market Land Value: $17,169
  • Market Improvement Value: $76,827

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,332
  • Assessed Land Value: $5,723
  • Assessed Improvements Value: $25,609

    Sales

  • Current Sale Contract Date: Aug 16, 2022
  • Current Sale Recording Date: Aug 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15157
  • Previous Sale Recording Date: Mar 29, 2017
  • Previous Sale Contract Date: Mar 24, 2017
  • Previous Sale Amount: $105,000
  • 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 Downs

Stats & Trends

Median Asking:

$289,500

Sale Price/ft²

$136

Below Asking

0.04%

Average Days on Market

41

Average Home Size

2599 ft²

Average Home Age

82 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: Dawn Kuykendall, Main Street Brokers
Last Updated: 3 years ago
Data Source: MRED, MLS# 11399875
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 309 East Dooley Avenue built and last sold?
The property at 309 East Dooley Avenue was built in 1959 and last sold on Aug 16, 2022 for $155,333.
How much is this home worth?
The estimated value of the home located at 309 East Dooley Avenue is $0.
What are some comparable homes to 309 East Dooley Avenue?
There are currently no comparable homes to 309 East Dooley Avenue.
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