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Donovan 60931
507 N Lyle Avenue
$104,900
● House - Off Market

507 N Lyle Avenue

Donovan, IL 60931
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$569
Est. Monthly
32.70%
Cap Rate

About This Property

Loved for 2 generations - this turnkey ranch with full basement is 1 block away from the high school.  Double corner lot with shed (has electric).  Concrete patio between house and heated garage.  Owners had 100-megabit internet installed. Full deep basement perfect for finishing additional living space.  This is a Wausau home - cathedral ceilings throughout give all rooms a comfortable roomy feel.   New items in last year include dishwasher, new sink & faucet, cooktop and hood.  New storm doors, HWH, windows and GFCI outlets.  Bathroom vanity, faucets, fixtures, tub surround and grab bars.  Interior home painted.  2 bedrooms have new baseboard heat.  Vinyl porch railings new 2019.  Washer, dryer, frig, dishwasher all stay.  This is a TRUE turnkey home!  1/2 of basement framed and insulated -ready for drywall.
Unit Size
1,152 Ft²
Days on Market
-
Land Size
-
Price per sqft
$87
Property Type
House
Property Taxes
$78
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 #12145211)

Price History

Date / Event Date Event Price
Nov 15, 2024 Sold
Premium
Sold
Nov 3, 2024 In contract -
In contract
Oct 29, 2024 Relisted $99,900
Relisted
Sep 14, 2024 In contract -
In contract
Sep 3, 2024 Listed by Berkshire Hathaway HomeServices Speckman Realty $99,900
Listed by Berkshire Hathaway HomeServices Speckman Realty

Property Highlights

Air Conditioning

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: 13,875
  • 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
  • Subdivision: WALLACE ADD
  • Land Acres: 0000000318
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: WALLACE ADD LTS 34 & 35

Neighborhood

  • School District Name: Donovan Community Unit School District 3
  • Census Tract: 950100

Geography

  • District: 4
  • Parcel: 13 28 153 008
  • Lot: 34,35
  • Municipality: BEAVER TOWNSHIP
  • Latitude: 40.8855
  • Longitude: -87.6156

    Address

  • Full Address: 507 Lyle Ave
  • Address - House Number: 507
  • Address - Street Name: Lyle
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Donovan
  • Carrier Code: R777
  • 4-Digit Zip Code: 6055
  • Zip Code: 60931

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $95,930
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 04002

    Appraisal Valuation

  • Standard Deviation: 0.1291
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 74
  • Final Value: 165,758
  • High Value: 187,160
  • Low Value: 144,355

    Market Valuation

  • Market Total Value: $106,980
  • Market Land Value: $8,520
  • Market Improvement Value: $98,460

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $35,660
  • Assessed Land Value: $2,840
  • Assessed Improvements Value: $32,820

    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 Donovan

Stats & Trends

Median Asking:

$160,000

Sale Price/ft²

$111

Above Asking

0.00%

Average Days on Market

56

Average Home Size

1716 ft²

Average Home Age

46 years

Currently For Sale

1 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: Cindy Olson-Purdy, Berkshire Hathaway HomeServices Speckman Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 12145211
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 Lyle Avenue built and last sold?
The property at 507 Lyle Avenue 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 507 Lyle Avenue is $98,058.
What are some comparable homes to 507 Lyle Avenue?
There are currently no comparable homes to 507 Lyle Avenue.
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