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Bourbonnais 60914
365 Princeton Avenue
$275,000
● House - Off Market

365 Princeton Avenue

Bourbonnais, IL 60914
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,360 Ft²
$1,801
Est. Monthly
9.81%
Cap Rate

About This Property

Don't miss this beautifully maintained, highly sought-after ranch-style home! Featuring real hardwood floors, vaulted ceilings, and an open floor plan! Enjoy cozy evenings by the gas fireplace or step through sliding doors to your secluded, fenced backyard-perfect for relaxing or entertaining.    The kitchen offers a convenient breakfast bar, while the master suite includes a full bath and walk-in closet. Additional highlights include a 2.5-car attached garage and plenty of natural light throughout. If you are looking for a ranch in Bourbonnais, this is it! Move in ready!
Unit Size
1,360 Ft²
Days on Market
-
Land Size
-
Price per sqft
$206
Property Type
House
Property Taxes
$426
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.

Property Highlights

Garage
Air Conditioning
Fireplace

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: 8,899
  • 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: VILLAGE MEADOWS 2ND ADD
  • Land Acres: 0000000204
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: VILLAGE MEADOWS 2ND ADDN LOT 45 17-31-12E

Neighborhood

  • School District Name: Bourbonnais School District 53
  • Census Tract: 010602

Geography

  • District: 17
  • Parcel: 17-09-17-105-021
  • Lot: 45
  • Municipality: BOURBONNAIS
  • Latitude: 41.1733
  • Longitude: -87.8688

    Address

  • Full Address: 365 Princeton Ave
  • Address - House Number: 365
  • Address - Street Name: Princeton
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Bourbonnais
  • Carrier Code: C010
  • 4-Digit Zip Code: 1163
  • Zip Code: 60914

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $444,614
  • Tax Rate Code Area: 17027

    Appraisal Valuation

  • Standard Deviation: 0.2056
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 229,517
  • High Value: 276,789
  • Low Value: 182,246

    Market Valuation

  • Market Total Value: $188,199
  • Market Land Value: $18,228
  • Market Improvement Value: $169,971

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,733
  • Assessed Land Value: $6,076
  • Assessed Improvements Value: $56,657

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 13, 2013
  • Current Sale Recording Date: Jun 14, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 36
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 Bourbonnais

Stats & Trends

Median Asking:

$299,000

Sale Price/ft²

$173

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1903 ft²

Average Home Age

30.6 years

Currently For Sale

40 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: Cristina Antons, New Neighbors Real Estate
Data Source: MRED, MLS# MRD12455384
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 365 Princeton Avenue built and last sold?
The property at 365 Princeton Avenue was built in and last sold on Jun 13, 2013 for $132,000.
How much is this home worth?
The estimated value of the home located at 365 Princeton Avenue is $0.
What are some comparable homes to 365 Princeton Avenue?
There are currently no comparable homes to 365 Princeton Avenue.
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