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Streator 61364
5 Ridge Road
$117,500
● House - Off Market

5 Ridge Road

Streator, IL 61364
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,075 Ft²
$113,804
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Peaceful sitting for this well built, all brick home. 2, possible 3 bedrooms with 1, possibly 2 bathrooms. Has an attached garage, family room with an extra outside access in the basement, dog pen off screened porch and nice backyard. The home was built solid in 1949 and has architectural highlights such as a barrel ceiling.  Large front porch to enjoy the evening sunsets and an extra large screen in porch for bug free outdoor living and dining.
Unit Size
1,075 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$105
Property Type
House
Property Taxes
$199
HOA Dues
-
Year Built
1949

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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: 2 years ago (MRED MLS #11411863)

Price History

Date / Event Date Event Price
Jun 30, 2022 Sold
Premium
Sold
May 21, 2022 Listed by Chismarick Realty, LLC $112,500
Listed by Chismarick Realty, LLC

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • 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: 11,326
  • Total Building Area: 1,025
  • Gross Building Area: 1,025
  • Building Area: 1,025
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,025
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK HILLS ADD
  • Land Acres: 0000000260
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: OAK HILLS ADD E1/2 NW1/4 SEC 26-31-3, LT 5

Neighborhood

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

Geography

  • District: BR
  • Section: 26
  • Parcel: 33-26-110-004
  • Lot: 5
  • Meridian: SEC 26 TWN 31 RNG 03
  • Municipality: BRUCE TOWNSHIP
  • Latitude: 41.1312
  • Longitude: -88.8477

    Address

  • Full Address: 5 Ridge Rd
  • Address - House Number: 5
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Streator
  • Carrier Code: C001
  • 4-Digit Zip Code: 1428
  • Zip Code: 61364

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $271,282
  • Tax Rate Code Area: BR003

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 238,016
  • High Value: 334,413
  • Low Value: 141,618

    Market Valuation

  • Market Total Value: $100,374
  • Market Land Value: $18,825
  • Market Improvement Value: $81,549

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,458
  • Assessed Land Value: $6,275
  • Assessed Improvements Value: $27,183

    Sales

  • Current Sale Contract Date: Jun 25, 2022
  • Current Sale Recording Date: Jul 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 2022-08666
  • Previous Sale Recording Date: Jun 13, 2005
  • Previous Sale Contract Date: Jun 06, 2005
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Streator

Stats & Trends

Median Asking:

$139,000

Sale Price/ft²

$106

Below Asking

0.02%

Average Days on Market

49

Average Home Size

1164 ft²

Average Home Age

109.6 years

Currently For Sale

45 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: Beckie Chismarick, Chismarick Realty, LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 11411863
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 5 Ridge Road built and last sold?
The property at 5 Ridge Road was built in 1949 and last sold on Jun 25, 2022 for $117,500.
How much is this home worth?
The estimated value of the home located at 5 Ridge Road is $0.
What are some comparable homes to 5 Ridge Road?
There are currently no comparable homes to 5 Ridge Road.
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