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McLean 61726
33574 Oak Street
$80,000
● House - Off Market

33574 Oak Street

Chenoa, IL 61726
bedrooms
2 Beds
bathrooms
1 Bath
square feet
926 Ft²
$511
Est. Monthly

About This Property

Nestled on a spacious double lot totaling approximately 0.69 acres, this charming home offers comfortable living with room to grow. Currently configured as a 2-bedroom, 1-bath, the home also features a versatile bonus room currently used as a nursery, ideal for a home office, hobby space, or playroom. Recent updates include a newer roof and other improvements that make the home move-in ready while still allowing the opportunity to add your own personal touches. The large corner-style setting provides ample outdoor space for future outbuildings, gardening, or simply enjoying the extra elbow room. Whether you're searching for a cozy primary residence, a first home, or a property with expansion potential, this one offers a rare combination of flexibility, space, and value. Property is being sold "As-Is."
Unit Size
926 Ft²
Days on Market
-
Land Size
-
Price per sqft
$92
Property Type
House
Property Taxes
$94
HOA Dues
-
Year Built
1919

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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.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • 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: 18
  • 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: 4
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 926
  • Gross Building Area: 926
  • Building Area: 926
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 926
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORIG TOWN OF WESTON
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: ORIG TOWN OF WESTON LOT 11 BLK 1

Neighborhood

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

Geography

  • District: 29
  • Parcel: 04-03-431-005
  • Block: 1
  • Lot: 11
  • Meridian: SEC 03 TWN 26N RNG 05E
  • Municipality: YATES
  • Latitude: 40.7489
  • Longitude: -88.6236

    Address

  • Full Address: 33574 Oak St
  • Address - House Number: 33574
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chenoa
  • Carrier Code: R001
  • 4-Digit Zip Code: 8881
  • Zip Code: 61726

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $104,070
  • Tax Rate Code Area: 2906

    Appraisal Valuation

  • Standard Deviation: 0.2004
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 76,696
  • High Value: 92,071
  • Low Value: 61,320

    Market Valuation

  • Market Total Value: $40,527
  • Market Land Value: $5,385
  • Market Improvement Value: $35,142

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $13,509
  • Assessed Land Value: $1,795
  • Assessed Improvements Value: $11,714

    Sales

  • Current Sale Contract Date: Nov 30, 2022
  • Current Sale Recording Date: Dec 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21926
  • Previous Sale Recording Date: Jun 22, 2006
  • Previous Sale Contract Date: Apr 30, 2005
  • Previous Sale Amount: $18,000
  • 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 McLean

Stats & Trends

Median Asking:

$264,900

Sale Price/ft²

$121

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2442 ft²

Average Home Age

52.8 years

Currently For Sale

203 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: LeAmber Kasprzycki, Keller Williams Revolution
Data Source: MRED, MLS# MRD12549839
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 33574 Oak Street built and last sold?
The property at 33574 Oak Street was built in 1919 and last sold on Nov 30, 2022 for $30,000.
How much is this home worth?
The estimated value of the home located at 33574 Oak Street is $82,953.
What are some comparable homes to 33574 Oak Street?
There are currently no comparable homes to 33574 Oak Street.
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