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Chenoa 61726
319 N Letcher Street
$190,000
● House - Off Market

319 N Letcher Street

Chenoa, IL 61726
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,728 Ft²
$1,033
Est. Monthly
14.76%
Cap Rate

About This Property

Tucked away on the edge of town, this 3-bedroom, 2-bath beauty offers the perfect blend of cozy charm and modern updates. Sitting on nearly half an acre with no close neighbors, it's your own little slice of peace and quiet. Inside, you'll find newer flooring throughout, a spacious layout, and a light-filled living space made for gatherings. The primary suite features its own private bath-just right for winding down after a long day. Whether you're sipping sweet tea on the lawn or hosting friends indoors, this home is full of simple comforts and everyday style. Plus, the attached 2-car garage means room for your tools, toys, and everything in between. Come see what makes this place feel like home!
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$115
Property Type
House
Property Taxes
$60
HOA Dues
-
Year Built
2003

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • 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: 1
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,681
  • Total Building Area: 1,728
  • Gross Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SCOTT, HUMPHREY & PICKETTS SUB
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: SCOTT, HUMPHREY & PICKETTS SUB OUTLOTS E75 OL2

Neighborhood

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

Geography

  • District: 8
  • Parcel: 03-02-426-007
  • Lot: 2
  • Municipality: CHENOA
  • Latitude: 40.7485
  • Longitude: -88.7221

    Address

  • Full Address: 319 N Letcher St
  • Address - House Number: 319
  • Street Direction: N
  • Address - Street Name: Letcher
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chenoa
  • Carrier Code: C002
  • 4-Digit Zip Code: 1061
  • Zip Code: 61726

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $340,972
  • Tax Rate Code Area: 816

    Appraisal Valuation

  • Standard Deviation: 0.228
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 68
  • Final Value: 163,399
  • High Value: 200,670
  • Low Value: 126,128

    Market Valuation

  • Market Total Value: $130,089
  • Market Land Value: $12,948
  • Market Improvement Value: $117,141

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,363
  • Assessed Land Value: $4,316
  • Assessed Improvements Value: $39,047

    Sales

  • Current Sale Contract Date: Mar 16, 2023
  • Current Sale Recording Date: Mar 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3675
  • Previous Sale Recording Date: Jun 16, 2010
  • Previous Sale Contract Date: Jun 11, 2010
  • Previous Sale Amount: $104,000
  • 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 Chenoa

Stats & Trends

Median Asking:

$146,250

Sale Price/ft²

$111

Below Asking

0.02%

Average Days on Market

47

Average Home Size

1647 ft²

Average Home Age

111.3 years

Currently For Sale

3 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

Rentals Near You

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MRED

Listed by: Justin Feese, Keller Williams Revolution
Data Source: MRED, MLS# MRD12479987
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 319 North Letcher Street built and last sold?
The property at 319 North Letcher Street was built in 2003 and last sold on Mar 16, 2023 for $169,000.
How much is this home worth?
The estimated value of the home located at 319 North Letcher Street is $0.
What are some comparable homes to 319 North Letcher Street?
There are currently no comparable homes to 319 North Letcher Street.
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