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Chenoa 61726
422 Maple Street
$49,000
● House - Off Market

422 Maple Street

Chenoa, IL 61726
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,086 Ft²
$51,710
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

This fixer upper in Chenoa boasts of dark hardwood floors throughout the property, 2 kitchens, a gas fireplace in the upstairs living room, and a large corner lot almost equalling 1/4 of an acre in town! Structure is incredibly solid, not a single squeak was heard throughout the listing appointment from the floors! And a DRY basement too! Property has 4 bedrooms and 2 full baths as well as 2 large porches. Come make this your new project today!
Unit Size
1,086 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$45
Property Type
House
Property Taxes
$128
HOA Dues
-
Year Built
1919

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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 #11657601)

Price History

Date / Event Date Event Price
Nov 10, 2022 Sold
Premium
Sold
Oct 21, 2022 Listed by Coldwell Banker Real Estate Group $49,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • 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: 1
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,086
  • Gross Building Area: 1,086
  • Building Area: 1,086
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,086
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEARCES ADD
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: PEARCES ADD TO CHENOA LOT 6 BLK 2

Neighborhood

  • School District Name: Prairie Central Community Unit School District 8
  • Census Tract: 005700

Geography

  • District: 8
  • Parcel: 03-11-227-009
  • Block: 2
  • Lot: 6
  • Municipality: CHENOA
  • Latitude: 40.7406
  • Longitude: -88.7203

    Address

  • Full Address: 422 Maple St
  • Address - House Number: 422
  • Address - Street Name: Maple
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chenoa
  • Carrier Code: C001
  • 4-Digit Zip Code: 1326
  • Zip Code: 61726

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $160,850
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 810

    Appraisal Valuation

  • Standard Deviation: 0.228
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 68
  • Final Value: 86,834
  • High Value: 106,641
  • Low Value: 67,028

    Market Valuation

  • Market Total Value: $68,046
  • Market Land Value: $11,154
  • Market Improvement Value: $56,892

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,682
  • Assessed Land Value: $3,718
  • Assessed Improvements Value: $18,964

    Sales

  • Current Sale Contract Date: Nov 10, 2022
  • Current Sale Recording Date: Nov 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20563
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 Chenoa

Stats & Trends

Median Asking:

$146,200

Sale Price/ft²

$110

Below Asking

0.02%

Average Days on Market

47

Average Home Size

1344 ft²

Average Home Age

89 years

Currently For Sale

2 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: Jarrin Blunier, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11657601
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 422 Maple Street built and last sold?
The property at 422 Maple Street was built in 1919 and last sold on Nov 10, 2022 for $49,000.
How much is this home worth?
The estimated value of the home located at 422 Maple Street is $49,490.
What are some comparable homes to 422 Maple Street?
There are currently no comparable homes to 422 Maple Street.
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