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Streator 61364
4 Memory Lane
$167,000
● House - Off Market

4 Memory Lane

Streator, IL 61364
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,846 Ft²
$319,182
RealtyHop Estimate
85.03%
Since Mar 1, 2008
National-US
Primary Model

About This Property

3 Bedroom, 21/2 Bath home with attacjed 2 car garage. Oak trim & 6 panel doors thruout. Master Bedroom with private bath. Formal Diningroom; gas fire place in livingroom. 16x16 Stamped concrete patio. Covered front porch.  Agent Owned. Additional Pin# 33-23-223-013. All dimensions are approximate measurements.
Unit Size
1,846 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$93
Property Type
House
Property Taxes
$483
HOA Dues
-
Year Built
2002

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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

  • Year Built: 2002
  • Effective Year Built: 2002
  • 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: 12,404
  • Total Building Area: 1,898
  • Gross Building Area: 1,898
  • Building Area: 1,898
  • Building Area Measurement: T

    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: COBBLESTONE PLACE SUBD
  • Land Acres: 0000000284
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: COBBLESTONE PLACE LOT 4 & PT NE1/4 SEC 23 BEG SE COR LOT 4 COBBLESTONE PLACE SUBD N80 E50 S80 W50 POB SEC 23-31-3

Neighborhood

  • School District Name: Streator Township High School District 40
  • Census Tract: 963900

Geography

  • District: BR
  • Section: 23
  • Parcel: 33-23-223-016
  • Lot: 4
  • Meridian: SEC 23 TWN 31 RNG 03
  • Municipality: BRUCE TOWNSHIP
  • Latitude: 41.1486
  • Longitude: -88.8432

    Address

  • Full Address: 4 Memory Ln
  • Address - House Number: 4
  • Address - Street Name: Memory
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Streator
  • Carrier Code: R004
  • 4-Digit Zip Code: 9142
  • Zip Code: 61364

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $610,210
  • Tax Rate Code Area: BR003

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 177,059
  • High Value: 201,165
  • Low Value: 152,952

    Market Valuation

  • Market Total Value: $169,548
  • Market Land Value: $33,741
  • Market Improvement Value: $135,807

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,516
  • Assessed Land Value: $11,247
  • Assessed Improvements Value: $45,269

    Sales

  • Current Sale Contract Date: Feb 26, 2008
  • Current Sale Recording Date: Mar 03, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2008-04692
  • Previous Sale Recording Date: Nov 13, 2006
  • Previous Sale Contract Date: Oct 11, 2006
  • Previous Sale Amount: $136,500
  • Previous Sale Document Type: 68
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 Streator

Stats & Trends

Median Asking:

$139,000

Sale Price/ft²

$105

Below Asking

0.02%

Average Days on Market

49

Average Home Size

1172 ft²

Average Home Age

108.6 years

Currently For Sale

47 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

Unit for rent at 1409 Kelly Street, Streator, IL, 61364

$1,750 /mo

  • 3 Beds
  • 1 Bath
  • 1,280 ft²
1409 Kelly Street, Streator, IL, 61364 Listing by DeAnna Carlson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jeffrey Plesko, Coldwell Banker The Real Estate Group
Data Source: MRED, MLS# MRD06340393
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 4 Memory Lane built and last sold?
The property at 4 Memory Lane was built in 2002 and last sold on Feb 26, 2008 for $167,000.
How much is this home worth?
The estimated value of the home located at 4 Memory Lane is $334,918.
What are some comparable homes to 4 Memory Lane?
There are currently no comparable homes to 4 Memory Lane.
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