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Lee 61367
378 Van Orin Road
$134,000
● House - Off Market

378 Van Orin Road

SUBLETTE, IL 61367
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,920 Ft²
$211,631
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Beautiful Place in the Country, Country Living at it's BEST!!  On a very  nice wooded area, almost 2 Acres (1.95).  4 bedrooms, 2 bathrooms,  a very nice, solid, well built home!!  New furnace in 2015, sliding doors and roof were replaced 10 years ago.  Owner Occupied---Not a "foreclosure", or a "short sale".
Unit Size
1,920 Ft²
Days on Market
-
Land Size
-
Price per sqft
$73
Property Type
House
Property Taxes
$172
HOA Dues
-
Year Built
1906

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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.

Last updated: 2 years ago (MRED MLS #09986783)

Price History

Date / Event Date Event Price
Sep 20, 2018 Sold
Premium
Sold
Jun 15, 2018 Listed by Starved Rock Realty $139,900
Listed by Starved Rock Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1906
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 84,942
  • Total Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001950
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: SECT/LOT:16 TWP:19 RNG/BLK:10 PT WH NWQ SEC 16 BK 9906-2553 WD

Neighborhood

  • School District Name: Amboy Community Unit School District 272
  • Census Tract: 000800

Geography

  • Account Number: 147925
  • District: 13
  • Parcel: 13-21-16-100-005
  • Block: 10
  • Lot: 16
  • Meridian: SEC 16 TWN 19 RNG 10
  • Municipality: MAY
  • Latitude: 41.6397
  • Longitude: -89.3623

    Address

  • Full Address: 378 Van Orin Rd
  • Address - House Number: 378
  • Address - Street Name: Van Orin
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Sublette
  • Carrier Code: R001
  • 4-Digit Zip Code: 9578
  • Zip Code: 61367

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $294,642
  • Tax Rate Code Area: 13004

    Appraisal Valuation

  • Standard Deviation: 0.2445
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 65
  • Final Value: 210,644
  • High Value: 262,167
  • Low Value: 159,121

    Market Valuation

  • Market Total Value: $141,414
  • Market Land Value: $22,626
  • Market Improvement Value: $118,788

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,138
  • Assessed Land Value: $7,542
  • Assessed Improvements Value: $39,596

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 20, 2018
  • Current Sale Recording Date: Sep 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 201803756

    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 Lee

Stats & Trends

Median Asking:

$189,950

Sale Price/ft²

$125

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1940 ft²

Average Home Age

84 years

Currently For Sale

72 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: James Rice, Starved Rock Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 09986783
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 378 Van Orin Road built and last sold?
The property at 378 Van Orin Road was built in 1906 and last sold on Sep 20, 2018 for $131,000.
How much is this home worth?
The estimated value of the home located at 378 Van Orin Road is $0.
What are some comparable homes to 378 Van Orin Road?
There are currently no comparable homes to 378 Van Orin Road.
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