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North Utica 61373
326 Rachel Way
$276,000
● House - Off Market

326 Rachel Way

Utica, IL 61373
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,644 Ft²
$276,839
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Wonderful 3 bedroom 2.5 bath ranch home.  Harwood floors, granite countertops, maple kitchen cabinets with soft close, six panel doors and a gas fireplace are just a few of the amenities in this home.  Master bedroom features a large private bathroom with separate tub, shower and double sinks.  All bedrooms include walk-in closets.  Jack-n Jill bath off guest bedrooms features private sinks for each room. Main floor laundry. Full unfinished basement perfect for finishing with plumbing for additional bathroom.  Three car attached, insulated and drywalled garage. Quality built 2x6 construction.
Unit Size
1,644 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$167
Property Type
House
Property Taxes
$460
HOA Dues
-
Year Built
2014

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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 #11352153)

Price History

Date / Event Date Event Price
May 6, 2022 Sold
Premium
Sold
Mar 19, 2022 Listed by Coldwell Banker Real Estate Group $274,700
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • 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: 10,454
  • Total Building Area: 1,585
  • Gross Building Area: 1,585
  • Building Area: 1,585
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,585
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SENICA MANOR 6TH SUB
  • Land Acres: 0000000240
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: SENICA MANOR SIXTH SUB, LT 39 SEC 8-33-2

Neighborhood

  • School District Name: LaSalle-Peru Township High School District 120
  • Census Tract: 962200

Geography

  • District: UT
  • Parcel: 19-08-214-012
  • Lot: 39
  • Meridian: SEC 08 TWN 33 RNG 02
  • Municipality: UTICA TOWNSHIP
  • Latitude: 41.3525
  • Longitude: -89.0183

    Address

  • Full Address: 326 Rachel Way
  • Address - House Number: 326
  • Address - Street Name: Rachel
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Utica
  • Carrier Code: R001
  • 4-Digit Zip Code: 9451
  • Zip Code: 61373

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $590,294
  • Tax Rate Code Area: UT018

    Appraisal Valuation

  • Standard Deviation: 0.243
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 65
  • Final Value: 262,900
  • High Value: 326,806
  • Low Value: 198,993

    Market Valuation

  • Market Total Value: $199,371
  • Market Land Value: $19,557
  • Market Improvement Value: $179,814

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,457
  • Assessed Land Value: $6,519
  • Assessed Improvements Value: $59,938

    Sales

  • Current Sale Contract Date: Apr 25, 2022
  • Current Sale Recording Date: May 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: 2022-06453

    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 North Utica

Stats & Trends

Median Asking:

$199,000

Sale Price/ft²

$120

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2100 ft²

Average Home Age

17.5 years

Currently For Sale

10 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: Cortney Kaufman, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11352153
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 326 Rachel Way built and last sold?
The property at 326 Rachel Way was built in 2014 and last sold on Apr 25, 2022 for $276,000.
How much is this home worth?
The estimated value of the home located at 326 Rachel Way is $0.
What are some comparable homes to 326 Rachel Way?
There are currently no comparable homes to 326 Rachel Way.
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