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Sublette 61367
402 N Front Street
$179,450
● House - Off Market

402 N Front Street

Sublette, IL 61367
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,661 Ft²
$1,153
Est. Monthly
9.04%
Cap Rate

About This Property

Welcome to this Ranch style home that is nestled in the serene community of Sublette! Located on edge of town. Features 2 bedrooms on main floor and 1 in the basement, large living room, laundry area on first floor and 2 full baths. The kitchen offers ample cabinetry and work space. Eat in breakfast area with two bars stools and flows into dining area, the sun room for entertaining, living room and office area.  There is a two car attached garage for parking, cement patio out back and full basement with fireplace.  Sellers have added waterproof basement. Call today for a showing
Unit Size
1,661 Ft²
Days on Market
-
Land Size
-
Price per sqft
$111
Property Type
House
Property Taxes
$250
HOA Dues
-
Year Built
1976

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Cap Rate Calculator

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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: 1976
  • Effective Year Built: 1976
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,496
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,879
  • Total Building Area: 1,661
  • Building Area: 1,661
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,661
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BONNELL
  • Land Acres: 0000000433
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: SECT/LOT:09 TWP:19 RNG/BLK:011 BONNELL SUBDIV PT SEC 9/19/ 11 LT 1 9111-0267 WD JT

Neighborhood

  • School District Name: Amboy Community Unit School District 272
  • Census Tract: 000900

Geography

  • Account Number: 137667
  • District: 19
  • Parcel: 19-22-09-479-013
  • Block: 11
  • Lot: 1,9111
  • Meridian: SEC 09 TWN 19 RNG 11
  • Municipality: SUBLETTE
  • Latitude: 41.6466
  • Longitude: -89.2289

    Address

  • Full Address: 402 N Front St
  • Address - House Number: 402
  • Street Direction: N
  • Address - Street Name: Front
  • Address - Suffix Type: St
  • State: IL
  • City Name: Sublette
  • Carrier Code: R001
  • 4-Digit Zip Code: 9409
  • Zip Code: 61367

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $279,424
  • Tax Rate Code Area: 19001

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 74
  • Final Value: 194,073
  • High Value: 230,999
  • Low Value: 157,147

    Market Valuation

  • Market Total Value: $128,931
  • Market Land Value: $16,311
  • Market Improvement Value: $112,620

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,977
  • Assessed Land Value: $5,437
  • Assessed Improvements Value: $37,540

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 04, 2004
  • Current Sale Recording Date: Jun 04, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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 Sublette

Stats & Trends

Median Asking:

$174,450

Sale Price/ft²

$100

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1160 ft²

Average Home Age

66 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

Rentals Near You

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MRED

Listed by: Lori Erbes, Erbes Realty LLC
Data Source: MRED, MLS# MRD12337930
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 402 North Front Street built and last sold?
The property at 402 North Front Street was built in 1976 and last sold on Jun 4, 2004 for $112,500.
How much is this home worth?
The estimated value of the home located at 402 North Front Street is $0.
What are some comparable homes to 402 North Front Street?
There are currently no comparable homes to 402 North Front Street.
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