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Winnebago 61016
Undisclosed Address
$124,000
● House - Off Market

Undisclosed Address

CHERRY VALLEY, IL 61016
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,472 Ft²
$234,348
RealtyHop Estimate
87.48%
Since Jul 1, 2008
National-US
Primary Model
Unit Size
1,472 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$85
Property Type
House
Property Taxes
$162
HOA Dues
-
Year Built
1977

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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

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 609
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,690
  • Total Building Area: 1,272
  • Gross Building Area: 1,272
  • Building Area: 1,272
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,272
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARTIN HAWKINSON COS SUB MERRITT FARMS
  • Land Acres: 0000000544
  • Standard Land Use Code: 1001
  • County Land Use Code: 31
  • Legal Description 1: MARTIN HAWKINSON COS SUB MERRITT FARMSPT SE 1/4 SEC 2-43-2 SW COR MEAS 214.08 FT ON S LN & 112 FT ON E LN PT LOT18

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 003705

Zoning

  • Zoning: AG

Geography

  • Parcel: 16-02-451-002
  • Lot: 18
  • Meridian: SEC 2 TWN 43 RANGE 2
  • Municipality: CHERRY VALLEY
  • Latitude: 42.2292
  • Longitude: -88.9655

    Address

  • Full Address: 3676 Mill Rd
  • Address - House Number: 3676
  • Address - Street Name: Mill
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Cherry Valley
  • Carrier Code: R064
  • 4-Digit Zip Code: 9768
  • Zip Code: 61016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $351,792
  • Tax Rate Code Area: 114

    Appraisal Valuation

  • Standard Deviation: 0.222
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 170,880
  • High Value: 208,826
  • Low Value: 132,934

    Market Valuation

  • Market Total Value: $118,374
  • Market Land Value: $22,944
  • Market Improvement Value: $95,430

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,458
  • Assessed Land Value: $7,648
  • Assessed Improvements Value: $31,810

    Sales

  • Current Sale Contract Date: Mar 04, 2022
  • Current Sale Recording Date: Mar 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 7861
  • Previous Sale Recording Date: Apr 24, 2019
  • Previous Sale Contract Date: Apr 23, 2019
  • Previous Sale Amount: $110,000
  • 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 Winnebago

Stats & Trends

Median Asking:

$215,000

Sale Price/ft²

$137

Below Asking

0.02%

Average Days on Market

41

Average Home Size

1939 ft²

Average Home Age

58.7 years

Currently For Sale

259 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

Rentals Near You

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MRED

Listed by: Sue Poggioli, Nextage Professionals Realty
Data Source: MRED, MLS# MRD06856933
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 3676 Mill Road built and last sold?
The property at 3676 Mill Road was built in 1977 and last sold on Mar 4, 2022 for $152,000.
How much is this home worth?
The estimated value of the home located at 3676 Mill Road is $153,828.
What are some comparable homes to 3676 Mill Road?
There are currently no comparable homes to 3676 Mill Road.
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