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Bourbonnais 60914
5561 Hearthside Drive
$260,287
● House - Off Market

5561 Hearthside Drive

BOURBONNAIS, IL 60914
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,800 Ft²
$444,597
RealtyHop Estimate
70.81%
Since May 1, 2007
National-US
Primary Model

About This Property

Ranch, 1800 Sq Ft, Enlarged & Customized, 3 Lrg Bedrms, 2 1/2 Baths, Open Vaulted Foyer to Greatroom w/ Vaulted Ceilings & Ceramic Floors throughout, Bedroom 2 set up for Formal Living/ Dining Rm., Kitchen/Dinette w/ Customized Oak Cabinets, Peninsula, Ceramic Floors & Pantry, Open Stairway w/ Oak Spindles to Full Basement, 3 Car Garage 28x24 w/ Garage Service Door.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$145
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

Payment Calculator

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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 #06421663)

Price History

Date / Event Date Event Price
Apr 23, 2007 Sold
Premium
Sold
Feb 26, 2007 Listed by William C Cunha $260,287
Listed by William C Cunha

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: 9,935
  • 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: COBBLESTONE BOURB U 3
  • Land Acres: 0000000228
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: COBBLESTONE BOURB U 3 LT 31 06-31-12E

Neighborhood

  • School District Name: Bourbonnais School District 53
  • Census Tract: 010601

Geography

  • District: 17
  • Parcel: 17-09-06-201-031
  • Lot: 31
  • Municipality: BOURBONNAIS
  • Latitude: 41.2004
  • Longitude: -87.8801

    Address

  • Full Address: 5561 Hearthside Dr
  • Address - House Number: 5561
  • Address - Street Name: Hearthside
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bourbonnais
  • Carrier Code: R011
  • 4-Digit Zip Code: 4948
  • Zip Code: 60914

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $790,410
  • Tax Rate Code Area: 17027

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 387,890
  • High Value: 471,208
  • Low Value: 304,572

    Market Valuation

  • Market Total Value: $288,270
  • Market Land Value: $33,417
  • Market Improvement Value: $254,853

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,090
  • Assessed Land Value: $11,139
  • Assessed Improvements Value: $84,951

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 23, 2007
  • Current Sale Recording Date: May 07, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 36
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 Bourbonnais

Stats & Trends

Median Asking:

$299,000

Sale Price/ft²

$173

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1883 ft²

Average Home Age

29.4 years

Currently For Sale

40 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: , William C Cunha
Last Updated: 2 years ago
Data Source: MRED, MLS# 06421663
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 5561 Hearthside Drive built and last sold?
The property at 5561 Hearthside Drive was built in and last sold on Apr 23, 2007 for $260,500.
How much is this home worth?
The estimated value of the home located at 5561 Hearthside Drive is $0.
What are some comparable homes to 5561 Hearthside Drive?
There are currently no comparable homes to 5561 Hearthside Drive.
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