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Gardner 60424
315 N East Street
$60,000
● House - Off Market

315 N East Street

Gardner, IL 60424
bedrooms
2 Beds
bathrooms
1 Bath
square feet
818 Ft²
$77,314
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

A diamond in the rough. This 2 bedroom ranch sits on a 1/2 acre lot. Living room has original hard wood floors, detached 1 car garage. Property being sold "As Is"
Unit Size
818 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$79
Property Type
House
Property Taxes
$176
HOA Dues
-
Year Built
1920

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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 #11041566)

Price History

Date / Event Date Event Price
May 14, 2021 Sold
Premium
Sold
Apr 2, 2021 Listed by Lori Bonarek Realty $65,000
Listed by Lori Bonarek Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 6
  • Bedroom Count: 2
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 850
  • Total Building Area: 818
  • Gross Building Area: 818
  • Building Area: 818
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 24
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000410
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: LT 85 X 210 IN SE COR DESC BK 323 PG 837 SEC 4-31-8

Neighborhood

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

Geography

  • District: 05
  • Parcel: 12-04-327-012
  • Block: 323
  • Lot: 85
  • Meridian: SEC 04 TWN 31N RNG 08W
  • Municipality: GARFIELD TOWNSHIP
  • Latitude: 41.1896
  • Longitude: -88.3113

    Address

  • Full Address: 315 N East St
  • Address - House Number: 315
  • Street Direction: N
  • Address - Street Name: East
  • Address - Suffix Type: St
  • State: IL
  • City Name: Gardner
  • Carrier Code: R002
  • 4-Digit Zip Code: 7024
  • Zip Code: 60424

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $226,823
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 5051

    Appraisal Valuation

  • Standard Deviation: 0.2104
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 71
  • Final Value: 133,550
  • High Value: 161,663
  • Low Value: 105,438

    Market Valuation

  • Market Total Value: $83,019
  • Market Land Value: $26,361
  • Market Improvement Value: $56,658

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,673
  • Assessed Land Value: $8,787
  • Assessed Improvements Value: $18,886

    Sales

  • Current Sale Contract Date: Jun 24, 2022
  • Current Sale Recording Date: Jun 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 614088
  • Previous Sale Recording Date: Jun 11, 2021
  • Previous Sale Contract Date: May 13, 2021
  • Previous Sale Amount: $60,000
  • 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 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.

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Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Lori Bonarek, Lori Bonarek Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11041566
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 315 Northeast Street built and last sold?
The property at 315 Northeast Street was built in 1920 and last sold on Jun 24, 2022 for $176,000.
How much is this home worth?
The estimated value of the home located at 315 Northeast Street is $0.
What are some comparable homes to 315 Northeast Street?
There are currently no comparable homes to 315 Northeast Street.
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