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McLean 61732
5753 Old Peoria Road
$154,500
● House - Off Market

5753 Old Peoria Road

Danvers, IL 61732
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,134 Ft²
$172,194
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

2 bedroom 2 bath ranch with 2.5 car garage on half acre plus lot with mature trees. Country living with lots of space for you.  Updated with ensuite master bath and walk in closet, updated  kitchen large deck, large storage shed (10x16). New flooring, appliances remain. Move in ready! Located between Bloomington & Danvers.
Unit Size
1,134 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$135
Property Type
House
Property Taxes
$234
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 #11228754)

Price History

Date / Event Date Event Price
Oct 27, 2021 Sold
Premium
Sold
Sep 24, 2021 Listed by RE/MAX Choice $153,000
Listed by RE/MAX Choice

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: 55
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,473
  • Total Building Area: 1,238
  • Gross Building Area: 1,238
  • Building Area: 1,238
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,238
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000470
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 1-A PLAT OF SURVEY LOTS 1-A, 2-A PT E 1/2 SEC 24-24-1W

Neighborhood

  • School District Name: Olympia Community Unit School District 16
  • Census Tract: 005202

Geography

  • District: 11
  • Parcel: 12-24-401-004
  • Lot: 1,A
  • Meridian: SEC 24 TWN 24N RNG 01W
  • Municipality: DANVERS
  • Latitude: 40.5234
  • Longitude: -89.1586

    Address

  • Full Address: 5753 Old Peoria Rd
  • Address - House Number: 5753
  • Address - Street Name: Old Peoria
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Danvers
  • Carrier Code: R002
  • 4-Digit Zip Code: 7526
  • Zip Code: 61732

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $296,676
  • Tax Rate Code Area: 1102

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 186,560
  • High Value: 225,364
  • Low Value: 147,755

    Market Valuation

  • Market Total Value: $124,341
  • Market Land Value: $28,053
  • Market Improvement Value: $96,288

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,447
  • Assessed Land Value: $9,351
  • Assessed Improvements Value: $32,096

    Sales

  • Current Sale Contract Date: Nov 01, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-00026174
  • Previous Sale Recording Date: May 06, 2014
  • Previous Sale Contract Date: Apr 30, 2014
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 McLean

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$121

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2458 ft²

Average Home Age

52.9 years

Currently For Sale

209 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 Eckols, RE/MAX Choice
Last Updated: 3 years ago
Data Source: MRED, MLS# 11228754
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 5753 Old Peoria Road built and last sold?
The property at 5753 Old Peoria Road was built in 1965 and last sold on Nov 1, 2021 for $154,500.
How much is this home worth?
The estimated value of the home located at 5753 Old Peoria Road is $154,506.
What are some comparable homes to 5753 Old Peoria Road?
There are currently no comparable homes to 5753 Old Peoria Road.
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