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Chenoa 61726
507 Boles Avenue
Photo of 507 Boles Avenue
Sold on Jun 3, 2026

1

Map

$190,000
● House - Off Market

507 Boles Avenue

Chenoa, IL 61726
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,402 Ft²
$1,347
Est. Monthly

About This Property

Located on the south end of town with wide open views of the countryside.  Brand new roof/ siding in 2025, fresh paint throughout and updated fixtures.    Many more update. Must see!!
Unit Size
1,402 Ft²
Days on Market
-
Land Size
-
Price per sqft
$136
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
1973

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • 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: 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: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,402
  • Gross Building Area: 1,402
  • Building Area: 1,402
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,402
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLIAM H. LEVERS 2NS ADD
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: RESUB BLK 11 WILLIAM H. LEVERS 2NS ADD LOT 22

Neighborhood

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

Geography

  • District: 8
  • Parcel: 03-12-160-008
  • Block: 11
  • Lot: 22
  • Municipality: CHENOA
  • Latitude: 40.7346
  • Longitude: -88.7164

    Address

  • Full Address: 507 Boles Ave
  • Address - House Number: 507
  • Address - Street Name: Boles
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chenoa
  • Carrier Code: R001
  • 4-Digit Zip Code: 1401
  • Zip Code: 61726

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $330,308
  • Tax Rate Code Area: 810

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 162,536
  • High Value: 193,938
  • Low Value: 131,135

    Market Valuation

  • Market Total Value: $120,771
  • Market Land Value: $10,950
  • Market Improvement Value: $109,821

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,257
  • Assessed Land Value: $3,650
  • Assessed Improvements Value: $36,607

    Sales

  • Current Sale Contract Date: Dec 30, 2022
  • Current Sale Recording Date: Jan 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 247
  • Previous Sale Recording Date: Nov 20, 2020
  • Previous Sale Contract Date: Oct 30, 2020
  • Previous Sale Amount: $100,000
  • 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
Data Source: MRED, MLS# MRD12638531
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 507 Boles Avenue built and last sold?
The property at 507 Boles Avenue was built in 1973 and last sold on Dec 30, 2022 for $175,333.
How much is this home worth?
The estimated value of the home located at 507 Boles Avenue is $0.
What are some comparable homes to 507 Boles Avenue?
There are currently no comparable homes to 507 Boles Avenue.
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