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Danforth 60930
400 W Adams Street
$219,000
● House - Off Market

400 W Adams Street

Danforth, IL 60930
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,672 Ft²
$1,452
Est. Monthly
15.83%
Cap Rate

About This Property

Small Town Living, Big Charm! This spacious 4-bedroom, 2-bath ranch offers 1,672 sq ft of comfortable living space on a large corner lot. Enjoy both a cozy living room and a separate family room-perfect for relaxing or entertaining. The inviting front porch sets the tone for this welcoming home, which also features a primary suite with a huge walk-in closet--one of many storage closets throughout. Step outside to your oversized yard and private oasis with an above-ground pool area, featuring composite decking and fencing for ultimate seclusion. Additional perks include a 2.5-car attached garage, storage shed, solar power and a 4-ft crawl space. A charming blend of function, space, and small-town warmth!
Unit Size
1,672 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$135
Property Type
House
Property Taxes
$348
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

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: 16,530
  • 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: PRAIRIEVIEW 2ND ADD
  • Land Acres: 0000000379
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: PRAIRIEVIEW 2ND ADD LT 6 VIL OF DANFORTH

Neighborhood

  • School District Name: Iroquois West Community Unit School District 10
  • Census Tract: 950300

Geography

  • District: 10
  • Parcel: 17 18 231 004
  • Lot: 6
  • Municipality: DANFORTH TOWNSHIP
  • Latitude: 40.8225
  • Longitude: -87.9827

    Address

  • Full Address: 400 W Adams St
  • Address - House Number: 400
  • Street Direction: W
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: IL
  • City Name: Danforth
  • Carrier Code: R003
  • 4-Digit Zip Code: 9041
  • Zip Code: 60930

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $354,102
  • Tax Rate Code Area: 10003

    Appraisal Valuation

  • Standard Deviation: 0.233
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 67
  • Final Value: 224,571
  • High Value: 276,908
  • Low Value: 172,233

    Market Valuation

  • Market Total Value: $159,270
  • Market Land Value: $15,060
  • Market Improvement Value: $144,210

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,090
  • Assessed Land Value: $5,020
  • Assessed Improvements Value: $48,070

    Exemptions

  • Homeowner Exemption: Yes
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 Danforth

Stats & Trends

Median Asking:

$129,900

Sale Price/ft²

$100

Above Asking

0.00%

Average Days on Market

29

Average Home Size

768 ft²

Average Home Age

79 years

Currently For Sale

1 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: Kelly Winterroth, McColly Bennett Real Estate
Data Source: MRED, MLS# MRD12391899
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 400 West Adams Street built and last sold?
The property at 400 West Adams Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 400 West Adams Street is $0.
What are some comparable homes to 400 West Adams Street?
There are currently no comparable homes to 400 West Adams Street.
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