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Zion 60099
3229 Emmaus Avenue
$106,022
● House - Off Market

3229 Emmaus Avenue

Zion, IL 60099
bedrooms
1 Bed
bathrooms
1 Bath
square feet
740 Ft²
$676
Est. Monthly
17.99%
Cap Rate

About This Property

Looking for that perfect investment for rental income or that perfect starter home? This is it! Not too much to maintain but much more space than an apartment! Really clean and just waiting your personal touches. Hardwood floors in nice living room, spacious kitchen with ample cabinets. Clean basement with that storage everyone needs. All this fenced back yard and dog run. Oversized 1 and half car garage off alley with extra parking. Easy to show!! Quick close possible! Conventional or cash offers only please!
Unit Size
740 Ft²
Days on Market
-
Land Size
-
Price per sqft
$135
Property Type
House
Property Taxes
$185
HOA Dues
-
Year Built
1948

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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 #12019259)

Price History

Date / Event Date Event Price
Apr 25, 2024 Sold
Premium
Sold
Apr 2, 2024 Listed by Netgar Investments Inc $100,000
Listed by Netgar Investments Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 280
  • Garage Type: 4
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,614
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 520
  • Total Building Area: 740
  • Gross Building Area: 740
  • Building Area: 460
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 460
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ZION CITY
  • Land Acres: 0000000175
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: ZION CITY SEC 28 S 5 FT LOT 10 & ALL LOT 11 BLOCK 47

Neighborhood

  • School District Name: Zion-Benton Township High School District 126
  • Census Tract: 860500

Geography

  • District: ZION
  • Section: 28
  • Parcel: 04-28-224-010
  • Block: 47
  • Lot: 10,11
  • Municipality: TWP OF ZION
  • Latitude: 42.4361
  • Longitude: -87.8282

    Address

  • Full Address: 3229 Emmaus Ave
  • Address - House Number: 3229
  • Address - Street Name: Emmaus
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Zion
  • Carrier Code: C018
  • 4-Digit Zip Code: 3617
  • Zip Code: 60099

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $221,368
  • Tax Rate Code Area: 2003

    Appraisal Valuation

  • Standard Deviation: 0.1778
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 115,403
  • High Value: 135,930
  • Low Value: 94,875

    Market Valuation

  • Market Total Value: $82,052
  • Market Land Value: $21,386
  • Market Improvement Value: $60,666

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,348
  • Assessed Land Value: $7,128
  • Assessed Improvements Value: $20,220

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 30, 2004
  • Current Sale Recording Date: Dec 14, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5699267
  • Previous Sale Recording Date: Jun 02, 1994
  • Previous Sale Contract Date: May 27, 1994
  • Previous Sale Amount: $53,000
  • 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 Zion

Stats & Trends

Median Asking:

$259,900

Sale Price/ft²

$186

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1406 ft²

Average Home Age

64.8 years

Currently For Sale

29 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: Gary Powell, Netgar Investments Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 12019259
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 3229 Emmaus Avenue built and last sold?
The property at 3229 Emmaus Avenue was built in 1948 and last sold on Nov 30, 2004 for $87,000.
How much is this home worth?
The estimated value of the home located at 3229 Emmaus Avenue is $101,000.
What are some comparable homes to 3229 Emmaus Avenue?
There are currently no comparable homes to 3229 Emmaus Avenue.
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