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Le Roy 61752
501 W Wayne Street
$71,000
● House - Off Market

501 W Wayne Street

Leroy, IL 61752
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,621 Ft²
$79,981
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Real nice 3-bedroom, 1 bath with lots of storage. Large, fenced lot and 2-car garage. Furnace 3 years old and water heater 1 yr. Large open kitchen with corner hutch, and large living room with built ins. 1 bedroom on main level and 2 more up! Nice breeze way between house and garage. Home is a little dated but is move in ready
Unit Size
1,621 Ft²
Days on Market
-
Land Size
-
Price per sqft
$49
Property Type
House
Property Taxes
$45
HOA Dues
-
Year Built
1949

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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.

Last updated: 3 years ago (MRED MLS #11302119)

Price History

Date / Event Date Event Price
Apr 1, 2022 Sold
Premium
Sold
Jan 11, 2022 Listed by Coldwell Banker Real Estate Group $78,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • 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: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,112
  • Gross Building Area: 1,112
  • Building Area: 1,112
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,112
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONKLINGS ADD
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: CONKLINGS ADD TO LEROY LOTS 11 & 12 BLK 90

Neighborhood

  • School District Name: Le Roy Community Unit School District 2
  • Census Tract: 005502

Geography

  • District: 15
  • Parcel: 30-20-227-006
  • Block: 90
  • Lot: 11,12
  • Meridian: SEC 20 TWN 22N RNG 04E
  • Municipality: EMPIRE
  • Latitude: 40.3545
  • Longitude: -88.7668

    Address

  • Full Address: 501 W Wayne St
  • Address - House Number: 501
  • Street Direction: W
  • Address - Street Name: Wayne
  • Address - Suffix Type: St
  • State: IL
  • City Name: Le Roy
  • Carrier Code: C002
  • 4-Digit Zip Code: 1054
  • Zip Code: 61752

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $295,892
  • Tax Rate Code Area: 1501

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 136,158
  • High Value: 164,479
  • Low Value: 107,837

    Market Valuation

  • Market Total Value: $97,602
  • Market Land Value: $16,467
  • Market Improvement Value: $81,135

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,534
  • Assessed Land Value: $5,489
  • Assessed Improvements Value: $27,045

    Sales

  • Current Sale Contract Date: Jan 11, 2022
  • Current Sale Recording Date: Mar 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5128
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 Le Roy

Stats & Trends

Median Asking:

$179,450

Sale Price/ft²

$121

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2004 ft²

Average Home Age

140 years

Currently For Sale

4 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: Mark Haeffele, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11302119
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 501 West Wayne Street built and last sold?
The property at 501 West Wayne Street was built in 1949 and last sold on Jan 11, 2022 for $71,000.
How much is this home worth?
The estimated value of the home located at 501 West Wayne Street is $0.
What are some comparable homes to 501 West Wayne Street?
There are currently no comparable homes to 501 West Wayne Street.
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