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Kangley 61364
4411 Section Street
$45,000
● Land - Off Market

4411 Section Street

Streator, IL 61364
bedrooms
Studio
bathrooms
0 Bath
$61,329
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Lots of possibilities with .40 acres of land, on a corner lot, on main county road, with a large storage garage.  Building is 43 x 30 and has electric.
Unit Size
-
Days on Market
-
Land Size
0.40 acres
Price per sqft
-
Property Type
Land
Property Taxes
$59
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11069460)

Price History

Date / Event Date Event Price
Nov 6, 2021 Sold
Premium
Sold
Apr 28, 2021 Listed by Chismarick Realty, LLC $55,000
Listed by Chismarick Realty, LLC

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: RIPLEY (ORIGINAL TOWN)
  • Land Acres: 0000000160
  • Standard Land Use Code: 8002
  • County Land Use Code: 0050
  • Legal Description 1: TOWN OF RIPLEY, LT 2 BLK 11 SEC 22-31-3

Neighborhood

  • School District Name: Streator Township High School District 40
  • Census Tract: 963900

Geography

  • District: EA
  • Parcel: 32-22-110-001
  • Block: 11
  • Lot: 2
  • Meridian: SEC 22 TWN 31 RNG 03
  • Municipality: EAGLE TOWNSHIP
  • Latitude: 41.1472
  • Longitude: -88.8739

    Address

  • Full Address: 4411 Section St
  • Address - House Number: 4411
  • Address - Street Name: Section
  • Address - Suffix Type: St
  • State: IL
  • City Name: Streator
  • Carrier Code: R003
  • 4-Digit Zip Code: 9657
  • Zip Code: 61364

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: EA008

    Market Valuation

  • Market Total Value: $1,836
  • Market Land Value: $1,836

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $612
  • Assessed Land Value: $612

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Nov 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-17304
  • Previous Sale Recording Date: Jun 09, 2006
  • Previous Sale Contract Date: Jun 07, 2006
  • Previous Sale Amount: $32,000
  • 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 Kangley

Stats & Trends

Median Asking:

$97,000

Sale Price/ft²

$99

Above Asking

0.00%

Average Days on Market

127

Average Home Size

876 ft²

Average Home Age

117 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

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MRED

Listed by: Beckie Chismarick, Chismarick Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11069460
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 4411 Section Street built and last sold?
The property at 4411 Section Street was built in and last sold on Nov 5, 2021 for $45,000.
How much is this home worth?
The estimated value of the home located at 4411 Section Street is $0.
What are some comparable homes to 4411 Section Street?
There are currently no comparable homes to 4411 Section Street.
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