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Gardner 60424
421 N Elm Street
$134,000
● House - Off Market

421 N Elm Street

Gardner, IL 60424
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,038 Ft²
$147,463
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Small town living here you come! This home sits on a large, shaded, corner lot with a completely fenced-in yard and is located only one block from the grade school. Central air and new floors and windows on the cozy, enclosed porch with bench seating added in 2018. House has true hardwood floors throughout and a fireplace located in living room. Bathroom recently updated. New roofing and PEX pipe just done throughout the home.  Sellers are offering a 1,000 credit towards living room also.  Check it out today!
Unit Size
1,038 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$134
Property Type
House
Property Taxes
$233
HOA Dues
-
Year Built
1903

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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 #11665207)

Price History

Date / Event Date Event Price
Dec 5, 2022 Sold
Premium
Sold
Nov 2, 2022 Listed by Lori Bonarek Realty $139,000
Listed by Lori Bonarek Realty
Sep 8, 2022 No longer available -
No longer available
Aug 31, 2022 Relisted $130,000
Relisted
Aug 26, 2022 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1903
  • Effective Year Built: 1903
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,602
  • Lot Size Depth Feet: 3,900
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,038
  • Gross Building Area: 1,038
  • Building Area: 1,038
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORIGINAL TOWN GARDNER
  • Land Acres: 0000000450
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: ORIG TN GARDNER LTS 1 & 2 BLK 7 SEC 4-31-8

Neighborhood

  • School District Name: Gardner Community Consolidated School District 72C
  • Census Tract: 000900

Geography

  • District: 05
  • Parcel: 12-04-407-004
  • Block: 7
  • Lot: 1-2
  • Meridian: SEC 04 TWN 31N RNG 08W
  • Municipality: GARFIELD TOWNSHIP
  • Latitude: 41.1917
  • Longitude: -88.3074

    Address

  • Full Address: 421 N Elm St
  • Address - House Number: 421
  • Street Direction: N
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: IL
  • City Name: Gardner
  • Carrier Code: R002
  • 4-Digit Zip Code: 7048
  • Zip Code: 60424

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $345,812
  • Tax Rate Code Area: 5051

    Appraisal Valuation

  • Standard Deviation: 0.1069
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 89
  • Final Value: 124,073
  • High Value: 137,343
  • Low Value: 110,802

    Market Valuation

  • Market Total Value: $126,570
  • Market Land Value: $31,221
  • Market Improvement Value: $95,349

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,190
  • Assessed Land Value: $10,407
  • Assessed Improvements Value: $31,783

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 05, 2022
  • Current Sale Recording Date: Dec 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 617238
  • Previous Sale Recording Date: Jun 22, 2018
  • Previous Sale Contract Date: Jun 20, 2018
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 71
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 Gardner

Stats & Trends

Median Asking:

$180,000

Sale Price/ft²

$131

Below Asking

0.02%

Average Days on Market

44

Average Home Size

1533 ft²

Average Home Age

75.5 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Jacklyn Cvitanovich, Lori Bonarek Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11665207
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 421 North Elm Street built and last sold?
The property at 421 North Elm Street was built in 1903 and last sold on Dec 5, 2022 for $134,000.
How much is this home worth?
The estimated value of the home located at 421 North Elm Street is $140,390.
What are some comparable homes to 421 North Elm Street?
There are currently no comparable homes to 421 North Elm Street.
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