For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Le Roy 61752
401 W Cedar Street
$225,000
● House - Off Market

401 W Cedar Street

Leroy, IL 61752
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,680 Ft²
$1,437
Est. Monthly
9.77%
Cap Rate

About This Property

A wonderful ranch style home with spacious and open kitchen/dining area offering breakfast bar & stainless steel appliances, a large living room with fireplace and sliding glass doors to Trex composite deck, 4 bedrooms, corner lot with mature trees & fenced area for garden, storage shed and oversized garage with workbenches and countertop space.  New water heater & gas logs in fireplace 2024, 95% efficient furnace 2015, interior premium vinyl flooring & carpet 2020, front doors 2019. Largest bedroom has bonus area for multiple uses.  Heated garage!
Unit Size
1,680 Ft²
Days on Market
-
Land Size
-
Price per sqft
$122
Property Type
House
Property Taxes
$430
HOA Dues
-
Year Built
1991

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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.

Last updated: 3 years ago (MRED MLS #12042933)

Price History

Date / Event Date Event Price
Jul 1, 2024 Sold
Premium
Sold
Apr 30, 2024 Listed by Mahaffey/Betts Realty $205,000
Listed by Mahaffey/Betts Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 1,680
  • Gross Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONKLINGS ADD
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: CONKLINGS ADD TO LEROY E 18 LOT 10 & ALL LOT 11 & 12 BLK 35

Neighborhood

  • School District Name: Le Roy Community Unit School District 2
  • Census Tract: 005501

Geography

  • District: 15
  • Parcel: 30-20-439-004
  • Block: 35
  • Lot: 10
  • Meridian: SEC 20 TWN 22N RNG 04E
  • Municipality: EMPIRE
  • Latitude: 40.3455
  • Longitude: -88.7656

    Address

  • Full Address: 401 W Cedar St
  • Address - House Number: 401
  • Street Direction: W
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: IL
  • City Name: Le Roy
  • Carrier Code: C002
  • 4-Digit Zip Code: 1631
  • Zip Code: 61752

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $483,410
  • Tax Rate Code Area: 1501

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 231,151
  • High Value: 279,231
  • Low Value: 183,072

    Market Valuation

  • Market Total Value: $192,456
  • Market Land Value: $19,818
  • Market Improvement Value: $172,638

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,152
  • Assessed Land Value: $6,606
  • Assessed Improvements Value: $57,546
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 Le Roy

Stats & Trends

Median Asking:

$179,450

Sale Price/ft²

$121

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2004 ft²

Average Home Age

140 years

Currently For Sale

4 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

Click here to view more rentals in the neighborhood.
MRED

Listed by: Bryan Betts, Mahaffey/Betts Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 12042933
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 401 West Cedar Street built and last sold?
The property at 401 West Cedar Street was built in 1991 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 401 West Cedar Street is $0.
What are some comparable homes to 401 West Cedar Street?
There are currently no comparable homes to 401 West Cedar Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Empire Homes for Sale
Empire Houses for Sale
Empire Townhouses for Sale
Empire Multifamily for Sale
Empire Land for Sale
Empire Commercial for Sale
Empire Homes with Basements
Empire Homes with Pools
Nearby Cities
Le Roy Homes for Sale
Farmer City Homes for Sale
Downs Homes for Sale
Arrowsmith Homes for Sale
Ellsworth Homes for Sale
De Witt Homes for Sale
Nearby Property Records
De Witt County, IL Property Records
McLean County, IL Property Records
Piatt County, IL Property Records
Champaign County, IL Property Records
Ford County, IL Property Records
Woodford County, IL Property Records
Macon County, IL Property Records
Logan County, IL Property Records
Neighborhoods
Hawthorne Real Estate
Hawthorne Hills Real Estate
Eagle Crest Real Estate
Nearby Counties
Old Town Homes for Sale
Santa Anna Homes for Sale
Downs Homes for Sale
Dawson Homes for Sale
Arrowsmith Homes for Sale
De Witt Homes for Sale
Harp Homes for Sale
Wilson Homes for Sale
Top Real Estate Agents
Top Agents in Empire
Top Agents in Old Town
Top Agents in 61752
Top Agents in Le Roy
Top Agents in 61842
Top Agents in Santa Anna
Top Agents in Farmer City
Top Agents in 61736