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McLean
3609 Grampp Road
$245,000
● House - Off Market

3609 Grampp Road

Shirley, IL 61772
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,385 Ft²
$1,638
Est. Monthly
7.95%
Cap Rate

About This Property

This secluded all brick ranch sitting on 1 acre is located just minutes outside of Bloomington Normal(Olympia School District). This home features 4-5 bedrooms, 3 bathrooms, (basement bathroom currently needs finished.) 3 of the bedrooms are located on the main floor including the master suite with a private bath. In the basement you will find 2 additional bedrooms or office spaces, laundry room and two large family/common areas that just need some finishing touches. Home features an attached two-car garage as well as an additional shop/garage. Property is being sold as presented. All appliances including washer/dryer to remain upon settlement.
Unit Size
2,385 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$105
Property Type
House
Property Taxes
$411
HOA Dues
-
Year Built
1970

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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
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,357
  • Garage Type: 4
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,342
  • Gross Building Area: 1,342
  • Building Area: 1,342
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 1,342
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: S208.72, N1116.72, W208.72 E 1134.72 E 1/2 NW 26-23-1E

Neighborhood

  • School District Name: Olympia Community Unit School District 16
  • Census Tract: 006000

Geography

  • District: 10
  • Parcel: 20-26-100-002
  • Meridian: SEC 26 TWN 23N RNG 01E
  • Municipality: DALE
  • Latitude: 40.4267
  • Longitude: -89.0706

    Address

  • Full Address: 3609 Grampp Rd
  • Address - House Number: 3609
  • Address - Street Name: Grampp
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Shirley
  • Carrier Code: R001
  • 4-Digit Zip Code: 7511
  • Zip Code: 61772

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $404,952
  • Tax Rate Code Area: 1003

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 213,202
  • High Value: 251,268
  • Low Value: 175,135

    Market Valuation

  • Market Total Value: $162,888
  • Market Land Value: $41,124
  • Market Improvement Value: $121,764

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,296
  • Assessed Land Value: $13,708
  • Assessed Improvements Value: $40,588

    Sales

  • Current Sale Contract Date: May 07, 2021
  • Current Sale Recording Date: May 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 2021-00012203

    Financing

  • First Mortgage Financing Type: UNK
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:

$265,000

Sale Price/ft²

$121

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2419 ft²

Average Home Age

54.7 years

Currently For Sale

220 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: Jared Litwiller, Freedom Realty
Data Source: MRED, MLS# MRD12442900
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 3609 Grampp Road built and last sold?
The property at 3609 Grampp Road was built in 1970 and last sold on May 7, 2021 for $150,000.
How much is this home worth?
The estimated value of the home located at 3609 Grampp Road is $0.
What are some comparable homes to 3609 Grampp Road?
There are currently no comparable homes to 3609 Grampp Road.
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