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Virgil 60151
5N988 MEREDITH Road
$295,500
● House - Off Market

5N988 MEREDITH Road

MAPLE PARK, IL 60151
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$610,992
RealtyHop Estimate
103.66%
Since Dec 1, 2008
National-US
Primary Model

About This Property

Renovated farmhouse with all of the amenities of today. Pella windows thruout, details abound in this 1900s beauty, hardwood floor on main level, oak staircase, upraded Pella windows thruout, volume ceilings; abundance of light, huge kitchen, oversize garage with bonus room for home office, playroom, studio. English basement with tons of storage, guest suite w/full bath, tons of extras and only minutes to Randall
Unit Size
-
Days on Market
-
Land Size
0.60 acres
Price per sqft
-
Property Type
House
Property Taxes
$539
HOA Dues
-
Year Built
1900

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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.

Property Highlights

Air Conditioning
Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Full Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,179
  • Garage Type: 4
  • Garage Square Area: 700
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,007
  • Lot Size Depth Feet: 3,300
  • Lot Size Frontage Feet: 830
  • Total Building Area: 2,985
  • Gross Building Area: 2,985
  • Building Area: 1,806
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,806
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLACKBERRY
  • Land Acres: 0000000620
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040

Neighborhood

  • School District Name: Kaneland Community Unit School District 302
  • Census Tract: 852403

Geography

  • Parcel: 07-15-126-001
  • Lot: 1
  • Municipality: VIRGIL
  • Latitude: 41.9531
  • Longitude: -88.5377

    Address

  • Full Address: 5n988 Meredith Rd
  • Address - House Number: 5n988
  • Address - Street Name: Meredith
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Maple Park
  • Carrier Code: R014
  • 4-Digit Zip Code: 8621
  • Zip Code: 60151

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $865,420
  • Tax Rate Code Area: VI026

    Appraisal Valuation

  • Standard Deviation: 0.0873
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 92
  • Final Value: 350,567
  • High Value: 381,195
  • Low Value: 319,938

    Market Valuation

  • Market Total Value: $301,161
  • Market Land Value: $59,382
  • Market Improvement Value: $241,780

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $100,347
  • Assessed Land Value: $19,786
  • Assessed Improvements Value: $80,561

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 08, 2024
  • Current Sale Recording Date: Mar 11, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7757
  • Previous Sale Recording Date: Nov 26, 2008
  • Previous Sale Contract Date: Nov 20, 2008
  • Previous Sale Amount: $295,500
  • 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 Virgil

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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MRED

Listed by: Patricia Romke, ABR,LTG,PMN, RE/MAX Professionals East
Data Source: MRED, MLS# MRD06906656
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 5N988 Meredith Road built and last sold?
The property at 5N988 Meredith Road was built in 1900 and last sold on Mar 8, 2024 for $350,000.
How much is this home worth?
The estimated value of the home located at 5N988 Meredith Road is $358,449.
What are some comparable homes to 5N988 Meredith Road?
There are currently no comparable homes to 5N988 Meredith Road.
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