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Will 60468
5037 W Beecher Road
$339,900
● House - Off Market

5037 W Beecher Road

Peotone, IL 60468
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,625 Ft²
$1,836
Est. Monthly
7.18%
Cap Rate

About This Property

True Country Living! Rarely available 10 Acre, A1 zoned homestead.  This beautiful property features a 3 bed, 2 bath spacious Manufactured Home on a slab. Home has been well maintained and is move in ready! 30X40 4 car Garage/Pole Barn with woodburning stove and electric is perfect for a workshop, car or equipment storage or bring your fresh ideas to make it your own!   Private well and septic, Propane gas and low taxes!  Hobby Farm? Homestead living? Livestock? This property offers it all!  First time on the market, and ready for new owners. Sold as-is. Schedule your private showing today!
Unit Size
1,625 Ft²
Days on Market
-
Land Size
10.00 acres
Price per sqft
$209
Property Type
House
Property Taxes
$167
HOA Dues
-
Year Built
-

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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 #12178575)

Price History

Date / Event Date Event Price
Jan 28, 2025 Sold
Premium
Sold
Dec 8, 2024 In contract -
In contract
Oct 2, 2024 Listed by CRIS Realty $339,900
Listed by CRIS Realty

Property Highlights

Building Info

Overview

    General

  • 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: 435,600
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000010000
  • Standard Land Use Code: 1008
  • County Land Use Code: 0011
  • Legal Description 1: TRACT 2 COMM AT THE POB WHICH IS THE N1/4 COR OF SEC. 21, T33N-R13E; THC E ON THE N LN OF SD SEC 21, A DIST OF 1021 FT TO A P

Neighborhood

  • School District Name: Peotone Community Unit School District 207U
  • Census Tract: 883903

Geography

  • Subdivision Tract Number: 2
  • Parcel: 20-21-21-200-010
  • Meridian: SEC 21 TWN 33N RNG 13E
  • Municipality: WILL
  • Latitude: 41.3395
  • Longitude: -87.7337

    Address

  • Full Address: 5037 W Beecher Rd
  • Address - House Number: 5037
  • Street Direction: W
  • Address - Street Name: Beecher
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Peotone
  • Carrier Code: R004
  • 4-Digit Zip Code: 8948
  • Zip Code: 60468

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $204,508
  • Tax Rate Code Area: 2008

    Market Valuation

  • Market Total Value: $123,345
  • Market Land Value: $40,113
  • Market Improvement Value: $83,232

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,697
  • Assessed Land Value: $15,354
  • Assessed Improvements Value: $31,343

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Will

Stats & Trends

Median Asking:

$389,990

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2347 ft²

Average Home Age

33.8 years

Currently For Sale

1501 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: Kim Van Ordstrand, CRIS Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 12178575
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 5037 West Beecher Road built and last sold?
The property at 5037 West Beecher Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5037 West Beecher Road is $0.
What are some comparable homes to 5037 West Beecher Road?
There are currently no comparable homes to 5037 West Beecher Road.
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