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Bourbonnais 60914
56 N West Avenue
$202,100
● House - Off Market

56 N West Avenue

Bourbonnais, IL 60914
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,656 Ft²
$231,038
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Multiple offer situation, highest and best for Tuesday June 8th at 6 pm. Beautiful single story, Airy! Bright! Inviting! very well-maintained home! With huge family room and master bathroom additions, Home has 3 bedrooms, 2 full updated bathrooms, Large kitchen with all appliances including new dishwasher and 2 pantry closets, kitchen open to the family room with french doors. Master suite, beautiful master bath with skylights, vaulted ceiling and  walk in closet, large laundry room, 2 car heated attached garage, front ramp, nice deck and huge over 1/4 acre fenced in yard with utility easement behind the fence ideal for gardening or sports, home is in move in condition, schedule your private showing today!
Unit Size
1,656 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$121
Property Type
House
Property Taxes
$363
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 #11111840)

Price History

Date / Event Date Event Price
Jul 9, 2021 Sold
Premium
Sold
Jun 4, 2021 Listed by McColly Bennett Real Estate $199,900
Listed by McColly Bennett Real Estate

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: 11,785
  • 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: BELLE AIRE SUB
  • Land Acres: 0000000270
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: BELLE AIRE SUB 6TH ADDN LOT 221 18-31-12E

Neighborhood

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

Geography

  • District: 17
  • Parcel: 17-09-18-201-037
  • Lot: 221
  • Municipality: BOURBONNAIS
  • Latitude: 41.1764
  • Longitude: -87.8847

    Address

  • Full Address: 56 N West Ave
  • Address - House Number: 56
  • Street Direction: N
  • Address - Street Name: West
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Bourbonnais
  • Carrier Code: C008
  • 4-Digit Zip Code: 1018
  • Zip Code: 60914

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $462,024
  • Tax Rate Code Area: 17027

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 239,158
  • High Value: 282,432
  • Low Value: 195,885

    Market Valuation

  • Market Total Value: $196,518
  • Market Land Value: $18,228
  • Market Improvement Value: $178,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,506
  • Assessed Land Value: $6,076
  • Assessed Improvements Value: $59,430

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 09, 2021
  • Current Sale Recording Date: Jul 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9435
  • Previous Sale Recording Date: Jun 08, 2018
  • Previous Sale Contract Date: Jun 08, 2018
  • Previous Sale Amount: $152,000
  • 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 Bourbonnais

Stats & Trends

Median Asking:

$295,000

Sale Price/ft²

$173

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1854 ft²

Average Home Age

28.8 years

Currently For Sale

48 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 495 W River Street, Bourbonnais, IL, 60914

$2,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,715 ft²
495 W River Street, Bourbonnais, IL, 60914 Listing by Kim Van Ordstrand

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Azza Tawfik, McColly Bennett Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11111840
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 56 North West Avenue built and last sold?
The property at 56 North West Avenue was built in and last sold on Jul 9, 2021 for $202,100.
How much is this home worth?
The estimated value of the home located at 56 North West Avenue is $0.
What are some comparable homes to 56 North West Avenue?
There are currently no comparable homes to 56 North West Avenue.
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