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Hinckley 60520
541 Walnut Street
$329,900
● House - Off Market

541 Walnut Street

Hinckley, IL 60520
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$334,421
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Custom built CJ Homes ranch ready in less than 2 months! Featuring 3 bedrooms, 2 baths, 2.5 car garage, and a full basement with bathroom rough in. The builder is including hardwood floors, white shaker cabinets, granite/quartz countertops, 9x6 master closet, and upgraded Jeld-Wen Windows. The buyer is able to make certain selections. Call today to schedule your private showing!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$220
Property Type
House
Property Taxes
$25
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: 3 years ago (MRED MLS #11274441)

Price History

Date / Event Date Event Price
Apr 21, 2022 Sold
Premium
Sold
Nov 18, 2021 Listed by RE/MAX Hometown Properties $329,900
Listed by RE/MAX Hometown Properties

Property Highlights

Garage
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: 13,504
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 900
  • 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: ROYAL ESTATES
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 40 - ROYAL ESTATES

Neighborhood

  • School District Name: Hinckley-Big Rock Community Unit School District 429
  • Census Tract: 001700

Geography

  • Account Number: 1514103012
  • District: SQ
  • Parcel: 15-14-103-012
  • Lot: 40
  • Municipality: SQUAW GROVE
  • Latitude: 41.7751
  • Longitude: -88.6373

    Address

  • Full Address: 541 Walnut St
  • Address - House Number: 541
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: IL
  • City Name: Hinckley
  • Carrier Code: R002
  • 4-Digit Zip Code: 9463
  • Zip Code: 60520

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $600,410
  • Tax Rate Code Area: SQ04

    Appraisal Valuation

  • Standard Deviation: 0.1009
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 324,832
  • High Value: 357,631
  • Low Value: 292,034

    Market Valuation

  • Market Total Value: $340,125
  • Market Land Value: $62,526
  • Market Improvement Value: $277,599

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,375
  • Assessed Land Value: $20,842
  • Assessed Improvements Value: $92,533

    Sales

  • Current Sale Contract Date: Apr 21, 2021
  • Current Sale Recording Date: May 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4581
  • Previous Sale Recording Date: Jan 13, 2022
  • Previous Sale Contract Date: May 31, 2021
  • Previous Sale Amount: $37,333
  • 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 Hinckley

Stats & Trends

Median Asking:

$380,000

Sale Price/ft²

$184

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1487 ft²

Average Home Age

34.2 years

Currently For Sale

7 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: Haley Rogers, RE/MAX Hometown Properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11274441
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 541 Walnut Street built and last sold?
The property at 541 Walnut Street was built in and last sold on Apr 21, 2021 for $330,000.
How much is this home worth?
The estimated value of the home located at 541 Walnut Street is $0.
What are some comparable homes to 541 Walnut Street?
There are currently no comparable homes to 541 Walnut Street.
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