For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Chenoa 61726
500 Grant Street
$85,000
● House - Off Market

500 Grant Street

Chenoa, IL 61726
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,196 Ft²
$89,701
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Check out this 4 Bedroom, 2 Bath home located on a corner lot. The good bones make this a perfect starter home, or investment opportunity. This home offers a 1 car attached garage with a screened in porch.  Come inside to an eat in kitchen with pantry, large living room, and plenty of living space.  Furnace new in 2012, water heater new in 2017, and a newer A/C unit.  All mechanicals were serviced yearly. All appliances, lawn mowers, and tools are included with the home. Tons of value and potential! Cash or Conventional.
Unit Size
1,196 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$71
Property Type
House
Property Taxes
$66
HOA Dues
-
Year Built
1972

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #11631341)

Price History

Date / Event Date Event Price
Nov 9, 2022 Sold
Premium
Sold
Sep 16, 2022 Listed by Panno Realty $85,000
Listed by Panno Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • 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: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 271
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 1,196
  • Gross Building Area: 1,196
  • Building Area: 1,196
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,196
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WH LEVERS ADD
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: WH LEVERS ADD LOT 1 BLK 7

Neighborhood

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

Geography

  • District: 8
  • Parcel: 03-12-107-006
  • Block: 7
  • Lot: 1
  • Municipality: CHENOA
  • Latitude: 40.7403
  • Longitude: -88.7149

    Address

  • Full Address: 500 Grant St
  • Address - House Number: 500
  • Address - Street Name: Grant
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chenoa
  • Carrier Code: C001
  • 4-Digit Zip Code: 1417
  • Zip Code: 61726

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $80,522
  • Tax Rate Code Area: 810

    Appraisal Valuation

  • Standard Deviation: 0.2004
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 93,559
  • High Value: 112,315
  • Low Value: 74,803

    Market Valuation

  • Market Total Value: $70,077
  • Market Land Value: $7,101
  • Market Improvement Value: $62,976

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,359
  • Assessed Land Value: $2,367
  • Assessed Improvements Value: $20,992

    Sales

  • Current Sale Contract Date: Oct 25, 2022
  • Current Sale Recording Date: Nov 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 19530
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

974 ft²

Average Home Age

137 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kyle Delong, Panno Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11631341
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 500 Grant Street built and last sold?
The property at 500 Grant Street was built in 1972 and last sold on Oct 25, 2022 for $85,000.
How much is this home worth?
The estimated value of the home located at 500 Grant Street is $0.
What are some comparable homes to 500 Grant Street?
There are currently no comparable homes to 500 Grant Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Chenoa Homes for Sale
Chenoa Houses for Sale
Chenoa Commercial for Sale
Chenoa Homes with Basements
Chenoa Homes with Pools
Chenoa Homes with Parking
Chenoa Homes with Garages
Chenoa Homes with a View
Nearby Cities
Lexington Homes for Sale
Gridley Homes for Sale
Nearby Property Records
McLean County, IL Property Records
Livingston County, IL Property Records
Woodford County, IL Property Records
Ford County, IL Property Records
Marshall County, IL Property Records
De Witt County, IL Property Records
Tazewell County, IL Property Records
Champaign County, IL Property Records
Nearby Counties
Lexington Homes for Sale
Gridley Homes for Sale
Money Creek Homes for Sale
Eppards Point Homes for Sale
Waldo Homes for Sale
Yates Homes for Sale
Pike Homes for Sale
Top Real Estate Agents
Top Agents in Chenoa
Top Agents in 61753
Top Agents in Lexington
Top Agents in 61726
Top Agents in Lexington
Top Agents in 61744
Top Agents in Gridley
Top Agents in Gridley