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Gardner 60424
312 N Monroe Street
$109,000
● House - Off Market

312 N Monroe Street

GARDNER, IL 60424
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,200 Ft²
$175,676
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

NEW Roof, NEW Gutters, New Hot Water Heater, Large Yard room to build a garage and still have plenty of room for garden or to make your yard your oasis.    Come see this fine 3 bedroom 2 bath home. Large open kitchen with   breakfast area. Nice size living room with vaulted ceiling and woodburning fireplace. 1st floor large master bedroom with master bath. Freshly painted, new furnace and air conditioner. Shed is basically a 1 car garage that is currently a storage shed but plenty of room to build a new garage with alley access.   Close to schools, parks, and town.  Easy access to I55 for an easy commute north or south.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$92
Property Type
House
Property Taxes
$246
HOA Dues
-
Year Built
1885

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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 #09609951)

Price History

Date / Event Date Event Price
Jul 12, 2017 Sold
Premium
Sold
Apr 27, 2017 Listed by Onorato Real Estate $109,900
Listed by Onorato Real Estate

Property Highlights

Air Conditioning
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1885
  • Effective Year Built: 1885
  • 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: 15,246
  • Total Building Area: 1,184
  • Gross Building Area: 1,184
  • Building Area: 1,184
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,184
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORIGINAL TOWN GARDNER
  • Land Acres: 0000000350
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: ORIG TN GARDNER LTS 7 & 8 BLK 14 SEC 4-31-8

Neighborhood

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

Geography

  • District: 05
  • Parcel: 12-04-452-002
  • Block: 14
  • Lot: 7-8
  • Meridian: SEC 04 TWN 31N RNG 08W
  • Municipality: GARFIELD TOWNSHIP
  • Latitude: 41.1894
  • Longitude: -88.3098

    Address

  • Full Address: 312 N Monroe St
  • Address - House Number: 312
  • Street Direction: N
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: IL
  • City Name: Gardner
  • Carrier Code: R002
  • 4-Digit Zip Code: 7029
  • Zip Code: 60424

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $300,363
  • Tax Rate Code Area: 5051

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 102,915
  • High Value: 149,721
  • Low Value: 56,108

    Market Valuation

  • Market Total Value: $109,935
  • Market Land Value: $28,668
  • Market Improvement Value: $81,267

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,645
  • Assessed Land Value: $9,556
  • Assessed Improvements Value: $27,089

    Sales

  • Current Sale Contract Date: Jul 11, 2017
  • Current Sale Recording Date: Jul 17, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 571202

    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 Gardner

Stats & Trends

Median Asking:

$180,000

Sale Price/ft²

$131

Below Asking

0.02%

Average Days on Market

44

Average Home Size

1533 ft²

Average Home Age

75.5 years

Currently For Sale

0 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: , Onorato Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 09609951
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 312 North Monroe Street built and last sold?
The property at 312 North Monroe Street was built in 1885 and last sold on Jul 11, 2017 for $109,000.
How much is this home worth?
The estimated value of the home located at 312 North Monroe Street is $0.
What are some comparable homes to 312 North Monroe Street?
There are currently no comparable homes to 312 North Monroe Street.
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