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Dwight 60420
412 W Chippewa Street
$91,500
● House - Off Market

412 W Chippewa Street

Dwight, IL 60420
bedrooms
2 Beds
bathrooms
1 Bath
square feet
912 Ft²
$125,696
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Are you ready to stop renting? Come take a look to see if this home could be a nice fit for you. This two bedroom ranch home is located close to Historic Route 66 features a 3-car garage PLUS a large shed/workshop with power. Plenty of parking space as well on concrete drive in back. Replacement windows throughout. Recently updated bathroom. All appliances included (Stove & Frig - '19; Washer & Dryer - '17; H2O Softener - '16; Deep Freezer in the shed stays as well); Large storage/pantry off the kitchen. Home also Dwight offers Amtrak high speed rail and easy access to Interstate 55 for easy commute.
Unit Size
912 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$103
Property Type
House
Property Taxes
$145
HOA Dues
-
Year Built
1973

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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 #10823206)

Price History

Date / Event Date Event Price
Oct 27, 2020 Sold
Premium
Sold
Aug 19, 2020 Listed by Century 21 Coleman-Hornsby $94,000
Listed by Century 21 Coleman-Hornsby

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 484
  • 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: 912
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 11
  • Heated Square Feet: 912
  • 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 09 103 015 LOT 50 X 150 LOT 16 BLK 2 NEWELL'S ADD

Neighborhood

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

Geography

  • District: 05
  • Parcel: 05-05-09-103-015
  • Block: 2
  • Lot: 16
  • Municipality: DWIGHT
  • Latitude: 41.0919
  • Longitude: -88.4386

    Address

  • Full Address: 412 W Chippewa St
  • Address - House Number: 412
  • 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: $234,098
  • Tax Rate Code Area: 05002

    Appraisal Valuation

  • Standard Deviation: 0.1201
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 75
  • Final Value: 104,623
  • High Value: 117,193
  • Low Value: 92,052

    Market Valuation

  • Market Total Value: $94,797
  • Market Land Value: $18,552
  • Market Improvement Value: $76,245

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,599
  • Assessed Land Value: $6,184
  • Assessed Improvements Value: $25,415

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 30, 2020
  • Current Sale Recording Date: Dec 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020R-05458
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

$132

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1460 ft²

Average Home Age

100.5 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: Jim Maskel, Century 21 Coleman-Hornsby
Last Updated: 3 years ago
Data Source: MRED, MLS# 10823206
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 412 West Chippewa Street built and last sold?
The property at 412 West Chippewa Street was built in 1973 and last sold on Sep 30, 2020 for $91,500.
How much is this home worth?
The estimated value of the home located at 412 West Chippewa Street is $0.
What are some comparable homes to 412 West Chippewa Street?
There are currently no comparable homes to 412 West Chippewa Street.
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