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Princeton 61356
323 Elm Place
$178,000
● House - Off Market

323 Elm Place

Princeton, IL 61356
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,896 Ft²
$186,434
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Wonderful opportunity to own this beautiful Queen Anne Victorian home in the heart of Princeton.  This elegant property features 5 spacious bedrooms, 2 full bathrooms, stunning original hardwood floors throughout the house, appealing wrap around front porch, newer 2018 roof, incredibly large basement, parlor with exquisite original stained glass, energy efficient windows, an artistic stairway with original finish, and other original accents throughout the house.       This elegant home offers the wonderful historic charm with modern day conveniences.  Located close to Princeton's North End Historic district, this property is an ideal buy for families of all size.  The property is being sold AS-IS and offers a perfect blend of character, space, charm, and elegance.  Come this property today as it will not last long!
Unit Size
2,896 Ft²
Days on Market
-
Land Size
-
Price per sqft
$64
Property Type
House
Property Taxes
$278
HOA Dues
-
Year Built
-

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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 #11636404)

Price History

Date / Event Date Event Price
May 23, 2023 Sold
Premium
Sold
Sep 22, 2022 Listed by Chicagoland Brokers Inc. $185,000
Listed by Chicagoland Brokers Inc.

Property Highlights

Garage

Building Info

Overview

    General

  • 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: 17,523
  • Lot Size Depth Feet: 1,630
  • Lot Size Frontage Feet: 1,075
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STONERS 2
  • Land Acres: 0000000402
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: PRINCETON-STONERS SECOND ADD.(EX N 110) E SI L 5 (107.5X163) D 22-0177 NOP

Neighborhood

  • School District Name: Princeton High School District 500
  • Census Tract: 965300

Geography

  • Account Number: 1609330010
  • District: 16
  • Parcel: 16-09-330-010
  • Meridian: SEC 09 TWN 16 RNG 09
  • Municipality: PRINCETON
  • Latitude: 41.3846
  • Longitude: -89.4605

    Address

  • Full Address: 323 Elm Pl
  • Address - House Number: 323
  • Address - Street Name: Elm
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Princeton
  • Carrier Code: C003
  • 4-Digit Zip Code: 1416
  • Zip Code: 61356

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $243,984
  • Tax Rate Code Area: 16001

    Appraisal Valuation

  • Standard Deviation: 0.145
  • Valuation Date: May 31, 2023
  • Confidence Score: 82
  • Final Value: 169,821
  • High Value: 194,458
  • Low Value: 145,185

    Market Valuation

  • Market Total Value: $112,224
  • Market Land Value: $35,760
  • Market Improvement Value: $76,464

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $37,408
  • Assessed Land Value: $11,920
  • Assessed Improvements Value: $25,488

    Sales

  • Current Sale Contract Date: May 23, 2023
  • Current Sale Recording Date: May 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1634
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 Princeton

Stats & Trends

Median Asking:

$181,950

Sale Price/ft²

$120

Below Asking

0.02%

Average Days on Market

49

Average Home Size

1812 ft²

Average Home Age

87.1 years

Currently For Sale

16 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

Unit for rent at 301 N 1st Street, Princeton, IL, 61356

$1,200 /mo

  • 2 Beds
  • 1 Bath
  • 890 ft²
301 N 1st Street, Princeton, IL, 61356 Listing by Kendra Gentry
Unit for rent at 902 1/2 N Main Street, Princeton, IL, 61356

$500 /mo

  • Studio
  • 620 ft²
902 1/2 N Main Street #2, Princeton, IL, 61356 Listing by Janelle McCarter

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Harry Zaman, Chicagoland Brokers Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11636404
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 323 Elm Place built and last sold?
The property at 323 Elm Place was built in and last sold on May 23, 2023 for $118,666.
How much is this home worth?
The estimated value of the home located at 323 Elm Place is $0.
What are some comparable homes to 323 Elm Place?
There are currently no comparable homes to 323 Elm Place.
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