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Wayne 60184
5N356 Powis Road
$450,000
● House - Off Market

5N356 Powis Road

Wayne, IL 60184
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,906 Ft²
$988,963
Est. Monthly

About This Property

Amazing opportunity to live in beautiful Historic Wayne. This is a perfect house for the car enthusiast as it offers 8 garage spaces! A two car detached garage next to the house with another 6 car garage behind. Seller will not be ready to move until April 2025 but will sell now if buyer will permit a rentback. The kitchen is fully remodeled, there's a large first floor master suite with full bath and 3 additional bedrooms on the 2nd floor. Built in 1914 this house is in the historic district and you'll love the fully restored beautiful wood accents! Seller is including HWA Diamond Home Warranty.
Unit Size
1,906 Ft²
Days on Market
-
Land Size
-
Price per sqft
$236
Property Type
House
Property Taxes
$986,753
HOA Dues
-
Year Built
1914

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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: 2 years ago (MRED MLS #12260833)

Price History

Date / Event Date Event Price
Mar 14, 2025 Sold
Premium
Sold
Feb 9, 2025 Listed by RE/MAX All Pro $450,000
Listed by RE/MAX All Pro

Property Highlights

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Building Count: 1
  • Bedroom Count: 0
  • Full Bathrooms: 2
  • 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 Count: 200
  • Living Units: 1
  • 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: 32,234
  • Total Building Area: 1,906
  • Building Area: 1,906
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,906
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000740
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: S 140 FT N 330 FT E 231 FT NE 1/4 SE 1/4

Neighborhood

  • School District Name: School District U-46
  • School Tax School District: DISTRICT 46
  • Census Tract: 841310

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2965-D3
  • Parcel: 01-18-403-015
  • Meridian: SEC 18 TWN 40N RNG 9E
  • Municipality: WAYNE
  • Latitude: 41.95
  • Longitude: -88.2428

    Address

  • Full Address: 5n356 Powis Rd
  • Address - House Number: 5n356
  • Address - Street Name: Powis
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Wayne
  • Carrier Code: R101
  • 4-Digit Zip Code: 2309
  • Zip Code: 60184

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $747,298
  • Tax Rate Code Area: 1023

    Appraisal Valuation

  • Standard Deviation: 0.1249
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 86
  • Final Value: 446,721
  • High Value: 502,544
  • Low Value: 390,897

    Market Valuation

  • Market Total Value: $327,030
  • Market Land Value: $88,890
  • Market Improvement Value: $238,140

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $109,010
  • Assessed Land Value: $29,630
  • Assessed Improvements Value: $79,380

    Exemptions

  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: Jun 25, 1999
  • Current Sale Recording Date: Aug 06, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: R1999172579

    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 Wayne

Stats & Trends

Median Asking:

$850,000

Sale Price/ft²

$229

Above Asking

0.00%

Average Days on Market

51

Average Home Size

6215 ft²

Average Home Age

35 years

Currently For Sale

4 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

Currently no nearby rentals
MRED

Listed by: Raymond Watson, RE/MAX All Pro
Last Updated: 2 years ago
Data Source: MRED, MLS# 12260833
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 5N356 Powis Road built and last sold?
The property at 5N356 Powis Road was built in 1914 and last sold on Jun 25, 1999 for $262,500.
How much is this home worth?
The estimated value of the home located at 5N356 Powis Road is $460,507.
What are some comparable homes to 5N356 Powis Road?
There are currently no comparable homes to 5N356 Powis Road.
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