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Streator 61364
310 Columbus Road
$131,100
● House - Off Market

310 Columbus Road

Streator, IL 61364
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,336 Ft²
$1,031
Est. Monthly
19.51%
Cap Rate

About This Property

Step inside this 3 bed 1 bath Ranch complete with hardwood floors, separate dining room, full basement, 2 car garage, and fenced in back yard.
Unit Size
1,336 Ft²
Days on Market
-
Land Size
-
Price per sqft
$97
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1954

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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 #11919945)

Price History

Date / Event Date Event Price
Dec 22, 2023 Sold
Premium
Sold
Nov 1, 2023 Listed by Chismarick Realty, LLC $129,500
Listed by Chismarick Realty, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 11,808
  • Total Building Area: 1,336
  • Gross Building Area: 1,336
  • Building Area: 1,336
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MERRINERS RIVERSIDE MANOR
  • Land Acres: 0000000271
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: MERRINERS RIVERSIDE MANOR, LT 7 SEC 35-31-3

Neighborhood

  • School District Name: Streator Township High School District 40
  • Census Tract: 963900

Geography

  • District: EA
  • Parcel: 32-39-108-013
  • Lot: 7
  • Meridian: SEC 35 TWN 31 RNG 03
  • Municipality: EAGLE TOWNSHIP
  • Latitude: 41.1184
  • Longitude: -88.8524

    Address

  • Full Address: 310 Columbus Rd
  • Address - House Number: 310
  • Address - Street Name: Columbus
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Streator
  • Carrier Code: C002
  • 4-Digit Zip Code: 2653
  • Zip Code: 61364

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: EA012

    Appraisal Valuation

  • Standard Deviation: 0.1069
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 89
  • Final Value: 124,750
  • High Value: 138,095
  • Low Value: 111,406

    Market Valuation

  • Market Total Value: $114,837
  • Market Land Value: $21,285
  • Market Improvement Value: $93,552

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,279
  • Assessed Land Value: $7,095
  • Assessed Improvements Value: $31,184

    Sales

  • Current Sale Contract Date: Dec 20, 2023
  • Current Sale Recording Date: Dec 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-13750

    Financing

  • First Mortgage Financing Type: FIX
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 Streator

Stats & Trends

Median Asking:

$139,000

Sale Price/ft²

$105

Below Asking

0.02%

Average Days on Market

49

Average Home Size

1172 ft²

Average Home Age

108.6 years

Currently For Sale

47 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: Jennifer Bliss, Chismarick Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11919945
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 310 Columbus Road built and last sold?
The property at 310 Columbus Road was built in 1954 and last sold on Dec 20, 2023 for $131,500.
How much is this home worth?
The estimated value of the home located at 310 Columbus Road is $133,072.
What are some comparable homes to 310 Columbus Road?
There are currently no comparable homes to 310 Columbus Road.
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