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Kaneville 60144
46W598 Main Street Road
$306,000
● House - Off Market

46W598 Main Street Road

Kaneville, IL 60119
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,954 Ft²
$2,591
Est. Monthly
11.36%
Cap Rate

About This Property

Nestled on nearly two acres of serene countryside, this charming farmhouse, built in the late 1800s, offers a unique blend of historic character and endless potential. With 5 spacious bedrooms and 1.5 baths, this home features high ceilings and a stunning curved main staircase that exudes timeless elegance. The property also includes a large barn, perfect for storage, hobbies, or even converting into additional living space. While this beautiful home does need some TLC, it presents an incredible opportunity to restore and personalize a piece of history. Whether you're looking to create a cozy family retreat or a picturesque country getaway, this farmhouse is ready to be transformed. Property is being sold "as is"
Unit Size
2,954 Ft²
Days on Market
-
Land Size
1.96 acres
Price per sqft
$127
Property Type
House
Property Taxes
$749
HOA Dues
-
Year Built
1867

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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.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1867
  • Effective Year Built: 1867
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 85,378
  • Total Building Area: 2,954
  • Gross Building Area: 2,954
  • Building Area: 2,954
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,954
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001960
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: PT

Neighborhood

  • School District Name: Kaneland Community Unit School District 302
  • Census Tract: 852403

Geography

  • Parcel: 10-26-126-015
  • Municipality: KANEVILLE
  • Latitude: 41.8361
  • Longitude: -88.5203

    Address

  • Full Address: 46w598 Main St Rd
  • Address - House Number: 46w598
  • Address - Street Name: Main St
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Kaneville
  • Zip Code: 60144

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $878,762
  • Tax Rate Code Area: KA004

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 445,501
  • High Value: 520,746
  • Low Value: 370,256

    Market Valuation

  • Market Total Value: $331,801
  • Market Land Value: $84,406
  • Market Improvement Value: $247,395

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $110,556
  • Assessed Land Value: $28,124
  • Assessed Improvements Value: $82,432

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 28, 2002
  • Current Sale Recording Date: Mar 13, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2002K035814
  • Previous Sale Recording Date: Aug 08, 1997
  • Previous Sale Contract Date: Aug 01, 1997
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 69

    Financing

  • First Mortgage Financing Type: ADJ
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 Kaneville

Stats & Trends

Median Asking:

$354,500

Sale Price/ft²

$210

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1808 ft²

Average Home Age

51.5 years

Currently For Sale

0 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: Hileary Cleary, Berkshire Hathaway HomeServices Chicago
Data Source: MRED, MLS# MRD12138047
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 46W598 Main Street built and last sold?
The property at 46W598 Main Street was built in 1867 and last sold on Feb 28, 2002 for $305,000.
How much is this home worth?
The estimated value of the home located at 46W598 Main Street is $378,750.
What are some comparable homes to 46W598 Main Street?
There are currently no comparable homes to 46W598 Main Street.
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