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McLean 61726
31022 Center Street
$64,430
● House - Off Market

31022 Center Street

Chenoa, IL 61726
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,182 Ft²
$65,891
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Large home in meadows on corner lot. Roof 2013, furnace 2012 and many updates in 2021, newer carpet on main floor, new kitchen floor, new back door, new kitchen window, new well pump! Come make this your home!! Cheaper than renting!! So much potential!      *All information deemed accurate but not warranted
Unit Size
2,182 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$30
Property Type
House
Property Taxes
$144
HOA Dues
-
Year Built
1907

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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.

Last updated: 3 years ago (MRED MLS #11341987)

Price History

Date / Event Date Event Price
Apr 28, 2022 Sold
Premium
Sold
Mar 8, 2022 Listed by Keller Williams Revolution $65,000
Listed by Keller Williams Revolution

Property Highlights

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1907
  • 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: 200
  • 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: 14,810
  • Total Building Area: 1,141
  • Gross Building Area: 1,141
  • Building Area: 1,141
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,141
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: MEADOWS (ORIG TOWN) S30 LOT 6 & ALLLOTS 7 &8 BLK 10 VAC ALLEY LYG W &ADJ

Neighborhood

  • School District Name: Prairie Central Community Unit School District 8
  • Census Tract: 005700

Geography

  • District: 8
  • Parcel: 03-06-379-003
  • Block: 10
  • Lot: 6
  • Municipality: CHENOA
  • Latitude: 40.7408
  • Longitude: -88.8054

    Address

  • Full Address: 31022 Center St
  • Address - House Number: 31022
  • Address - Street Name: Center
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chenoa
  • Carrier Code: R001
  • 4-Digit Zip Code: 8958
  • Zip Code: 61726

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $192,572
  • Tax Rate Code Area: 812

    Appraisal Valuation

  • Standard Deviation: 0.2004
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 84,952
  • High Value: 101,982
  • Low Value: 67,921

    Market Valuation

  • Market Total Value: $66,039
  • Market Land Value: $14,883
  • Market Improvement Value: $51,156

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,013
  • Assessed Land Value: $4,961
  • Assessed Improvements Value: $17,052

    Sales

  • Current Sale Contract Date: Apr 27, 2022
  • Current Sale Recording Date: May 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8331
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 McLean

Stats & Trends

Median Asking:

$264,900

Sale Price/ft²

$121

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2400 ft²

Average Home Age

56 years

Currently For Sale

220 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: Katie Golliday, Keller Williams Revolution
Last Updated: 3 years ago
Data Source: MRED, MLS# 11341987
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 31022 Center Street built and last sold?
The property at 31022 Center Street was built in 1907 and last sold on Apr 27, 2022 for $64,500.
How much is this home worth?
The estimated value of the home located at 31022 Center Street is $0.
What are some comparable homes to 31022 Center Street?
There are currently no comparable homes to 31022 Center Street.
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