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McLean 61745
4649 Circle Drive
$200,000
● House - Off Market

4649 Circle Drive

Heyworth, IL 61745
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,506 Ft²
$1,290
Est. Monthly
10.88%
Cap Rate

About This Property

Welcome home to this comfortable bi-level in a secluded neighborhood just outside of Heyworth. Situated on a large lot with a beautiful backdrop of mature trees, this home offers the charm of small-town living with easy access to city amenities.    The main level features a spacious layout with natural light throughout with the kitchen and dining area adjacent, perfect for everyday living and entertaining. Downstairs, the finished basement provides additional room for a family room, recreation, or home office. You'll also enjoy an oversized two-car garage that provides ample storage and functionality. The exterior offers plenty of green space, and the privacy of a quiet setting.    Located conveniently between Heyworth and Bloomington, this home blends rural tranquility with suburban convenience.
Unit Size
1,506 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$129
Property Type
House
Property Taxes
$332
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.

Property Highlights

Garage
Air Conditioning

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: 25,264
  • 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: R
  • Subdivision: LONG SUB
  • Land Acres: 0000000580
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: SEC 21-22-2E LONG SUB LOT 8 & 100 STRIP E OF 7 ADJ LOT 8 LONGVIEW SUB

Neighborhood

  • School District Name: Heyworth Community Unit School District 4
  • Census Tract: 005401

Geography

  • District: 25
  • Parcel: 28-21-277-035
  • Lot: 8,100
  • Municipality: RANDOLPH
  • Latitude: 40.3515
  • Longitude: -88.9821

    Address

  • Full Address: 4649 Circle Dr
  • Address - House Number: 4649
  • Address - Street Name: Circle
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Heyworth
  • Carrier Code: R001
  • 4-Digit Zip Code: 9461
  • Zip Code: 61745

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $347,570
  • Tax Rate Code Area: 2503

    Appraisal Valuation

  • Standard Deviation: 0.1913
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 159,998
  • High Value: 190,615
  • Low Value: 129,381

    Market Valuation

  • Market Total Value: $143,415
  • Market Land Value: $37,260
  • Market Improvement Value: $106,155

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,805
  • Assessed Land Value: $12,420
  • Assessed Improvements Value: $35,385

    Sales

  • Current Sale Contract Date: Aug 11, 2023
  • Current Sale Recording Date: Aug 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10913
  • Previous Sale Recording Date: Sep 25, 2015
  • Previous Sale Contract Date: Sep 21, 2015
  • Previous Sale Amount: $139,500
  • 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 McLean

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$121

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2419 ft²

Average Home Age

54.7 years

Currently For Sale

220 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: Jared Litwiller, Freedom Realty
Data Source: MRED, MLS# MRD12383893
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 4649 Circle Drive built and last sold?
The property at 4649 Circle Drive was built in and last sold on Aug 11, 2023 for $104,000.
How much is this home worth?
The estimated value of the home located at 4649 Circle Drive is $0.
What are some comparable homes to 4649 Circle Drive?
There are currently no comparable homes to 4649 Circle Drive.
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