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Chenoa 61726
500 Maple Street
$148,000
● House - Off Market

500 Maple Street

Chenoa, IL 61726
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,552 Ft²
$1,086
Est. Monthly
22.80%
Cap Rate

About This Property

Welcome to a world of classic elegance and modern comfort at this meticulously maintained residence in Chenoa, IL. With beautifully preserved hardwood floors and intricate woodwork, the charm of this home is truly timeless. The main level offers a spacious family room with a fireplace that exudes warmth and invites relaxation. Recent updates, including a high-efficiency furnace, newer water heater, and a 2018 roof, ensure both comfort and peace of mind for years to come.    Nestled on a corner lot, this property provides ample space for outdoor activities and relaxation. From the inviting front porch to the attached garage, every aspect of this home has been designed for convenience and enjoyment. Experience the harmonious blend of history and modern living in a location that captures the essence of Chenoa's charm.
Unit Size
2,552 Ft²
Days on Market
-
Land Size
-
Price per sqft
$59
Property Type
House
Property Taxes
$349
HOA Dues
-
Year Built
1884

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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 #11856794)

Price History

Date / Event Date Event Price
Dec 13, 2023 Sold
Premium
Sold
Aug 10, 2023 Listed by Keller Williams Revolution $150,000
Listed by Keller Williams Revolution

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1884
  • Effective Year Built: 1884
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 1
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 640
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,374
  • Total Building Area: 1,320
  • Gross Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEARCES ADD
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: PEARCES ADD TO CHENOA LOT 1 & N 1/2 LOT 2 BLK 7

Neighborhood

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

Geography

  • District: 8
  • Parcel: 03-11-230-006
  • Block: 7
  • Lot: 1,2
  • Municipality: CHENOA
  • Latitude: 40.7402
  • Longitude: -88.7204

    Address

  • Full Address: 500 Maple St
  • Address - House Number: 500
  • Address - Street Name: Maple
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chenoa
  • Carrier Code: C001
  • 4-Digit Zip Code: 1328
  • Zip Code: 61726

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $419,286
  • Tax Rate Code Area: 810

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 144,276
  • High Value: 157,264
  • Low Value: 131,288

    Market Valuation

  • Market Total Value: $148,455
  • Market Land Value: $14,448
  • Market Improvement Value: $134,007

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,485
  • Assessed Land Value: $4,816
  • Assessed Improvements Value: $44,669

    Sales

  • Current Sale Contract Date: Dec 13, 2023
  • Current Sale Recording Date: Dec 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 17622
  • Previous Sale Recording Date: Jul 21, 2005
  • Previous Sale Contract Date: Jul 01, 2005
  • Previous Sale Amount: $140,000
  • 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 Chenoa

Stats & Trends

Median Asking:

$144,900

Sale Price/ft²

$111

Below Asking

0.02%

Average Days on Market

46

Average Home Size

1344 ft²

Average Home Age

89 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

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MRED

Listed by: Justin Feese, Keller Williams Revolution
Last Updated: 3 years ago
Data Source: MRED, MLS# 11856794
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 Maple Street built and last sold?
The property at 500 Maple Street was built in 1884 and last sold on Dec 13, 2023 for $148,000.
How much is this home worth?
The estimated value of the home located at 500 Maple Street is $0.
What are some comparable homes to 500 Maple Street?
There are currently no comparable homes to 500 Maple Street.
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