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Minier 61759
516 Northbrook Drive
$150,100
● House - Off Market

516 Northbrook Drive

Minier, IL 61759
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,618 Ft²
$151,062
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Don't miss your opportunity to own this fantastic 3 bed 1 bath ranch in Minier. New furnace in 2016 and new paint practically throughout. Take advantage of the large floor plan and location nestled on the north side of town. Close to the new west side park and trail, you are sure to have your pick of how to spend your time outdoors. This one is sure to go fast! Schedule your private showing today!
Unit Size
1,618 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$93
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
1965

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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 #11757931)

Price History

Date / Event Date Event Price
May 18, 2023 Sold
Premium
Sold
Apr 13, 2023 Listed by RE/MAX Rising $149,900
Listed by RE/MAX Rising

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,040
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,132
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 890
  • Total Building Area: 2,138
  • Gross Building Area: 2,138
  • Building Area: 1,618
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,618
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHBROOK SUBD
  • Land Acres: 0000000279
  • Standard Land Use Code: 1001
  • County Land Use Code: 510
  • Legal Description 1: NORTHBROOK SUBD NW1/4 SEC 22 LOT 2

Neighborhood

  • School District Name: Olympia Community Unit School District 16
  • Census Tract: 022000

Geography

  • District: 190
  • Section: 22
  • Parcel: 19-19-22-102-008
  • Lot: 2
  • Meridian: SEC 22 TWN 23N RNG 2W
  • Municipality: LITTLE MACKINAW
  • Latitude: 40.4391
  • Longitude: -89.3164

    Address

  • Full Address: 516 Northbrook Dr
  • Address - House Number: 516
  • Address - Street Name: Northbrook
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Minier
  • Carrier Code: R777
  • 4-Digit Zip Code: 7563
  • Zip Code: 61759

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $338,706
  • Tax Rate Code Area: 19002

    Appraisal Valuation

  • Standard Deviation: 0.235
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 67
  • Final Value: 167,930
  • High Value: 207,407
  • Low Value: 128,454

    Market Valuation

  • Market Total Value: $141,120
  • Market Land Value: $21,330
  • Market Improvement Value: $119,790

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,040
  • Assessed Land Value: $7,110
  • Assessed Improvements Value: $39,930

    Sales

  • Current Sale Contract Date: May 18, 2023
  • Current Sale Recording Date: May 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5953
  • Previous Sale Recording Date: Jun 08, 2016
  • Previous Sale Contract Date: Jun 03, 2016
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Minier

Stats & Trends

Median Asking:

$215,000

Sale Price/ft²

$102

Below Asking

0.02%

Average Days on Market

47

Average Home Size

1567 ft²

Average Home Age

122 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

Unit for rent at 207 Stringtown Rd, IL, 61759

$1,036 /mo

  • 1 Bed
  • 1 Bath
207 Stringtown Rd, IL, 61759 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ryan Kendrick, RE/MAX Rising
Last Updated: 3 years ago
Data Source: MRED, MLS# 11757931
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 516 Northbrook Drive built and last sold?
The property at 516 Northbrook Drive was built in 1965 and last sold on May 18, 2023 for $150,100.
How much is this home worth?
The estimated value of the home located at 516 Northbrook Drive is $0.
What are some comparable homes to 516 Northbrook Drive?
There are currently no comparable homes to 516 Northbrook Drive.
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