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Dwight 60420
402 W Chippewa Street
$165,000
● House - Off Market

402 W Chippewa Street

Dwight, IL 60420
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,010 Ft²
$185,210
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

NEW (2021) 3.5 CAR GARAGE 25 x 37! 2 Bedroom, 1 bathroom Brick bungalow.  Original woodwork, refinished hardwood floors, sunroom. The outside of the home is in pristine condition! New roof, fascia, gutters, windows and doors, refinished floors, landscaping and electric updated approximately 7 years ago.  Unfinished full basement with working toilet, great for recreation room or storage. Don't waste any time, this home won't last!
Unit Size
1,010 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$183
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1952

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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: 3 years ago (MRED MLS #11751150)

Price History

Date / Event Date Event Price
Jun 27, 2023 Sold
Premium
Sold
Apr 3, 2023 Listed by Joan Bullard Realty $184,900
Listed by Joan Bullard Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,010
  • Garage Type: 4
  • Garage Square Area: 988
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,020
  • Building Area: 1,010
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 11
  • Heated Square Feet: 1,010
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEWELL'S ADD
  • Land Acres: 0000000172
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: 05 09 103 020 LOT 50 X 150 LOT 21 BLK 2 NEWELL'S ADD

Neighborhood

  • School District Name: Dwight Township High School District 230
  • Census Tract: 960100

Geography

  • District: 05
  • Parcel: 05-05-09-103-020
  • Block: 2
  • Lot: 21
  • Municipality: DWIGHT
  • Latitude: 41.0919
  • Longitude: -88.4377

    Address

  • Full Address: 402 W Chippewa St
  • Address - House Number: 402
  • Street Direction: W
  • Address - Street Name: Chippewa
  • Address - Suffix Type: St
  • State: IL
  • City Name: Dwight
  • Carrier Code: C002
  • 4-Digit Zip Code: 1208
  • Zip Code: 60420

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $396,590
  • Tax Rate Code Area: 05002

    Appraisal Valuation

  • Standard Deviation: 0.1232
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 86
  • Final Value: 179,274
  • High Value: 201,373
  • Low Value: 157,174

    Market Valuation

  • Market Total Value: $148,104
  • Market Land Value: $18,552
  • Market Improvement Value: $129,552

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,368
  • Assessed Land Value: $6,184
  • Assessed Improvements Value: $43,184

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 23, 2010
  • Current Sale Recording Date: Apr 23, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 601077
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 Dwight

Stats & Trends

Median Asking:

$199,900

Sale Price/ft²

$139

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1209 ft²

Average Home Age

89.9 years

Currently For Sale

8 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: Kasey Strachan, Joan Bullard Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11751150
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 West Chippewa Street built and last sold?
The property at 402 West Chippewa Street was built in 1952 and last sold on Apr 23, 2010 for $120,000.
How much is this home worth?
The estimated value of the home located at 402 West Chippewa Street is $186,749.
What are some comparable homes to 402 West Chippewa Street?
There are currently no comparable homes to 402 West Chippewa Street.
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