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Chenoa 61726
601 N 3rd Avenue
$170,000
● House - Off Market

601 N 3rd Avenue

Chenoa, IL 61726
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,482 Ft²
$1,086
Est. Monthly

About This Property

Beautifully remodeled 3 bedroom 1 bathroom ranch on a large lot in Chenoa! Move in and enjoy small town living in this home with new flooring, appliances, paint, fixtures, and more! This is the one you've been waiting for in Chenoa!! Agent interest
Unit Size
1,482 Ft²
Days on Market
-
Land Size
-
Price per sqft
$118
Property Type
House
Property Taxes
$226
HOA Dues
-
Year Built
1978

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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

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • 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
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,196
  • Total Building Area: 1,482
  • Gross Building Area: 1,482
  • Building Area: 1,482
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,482
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEE SUB
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LEE SUBN OF BLK 9 MCMAHAN & CO ADD TO CHENOA LOT 6

Neighborhood

  • School District Name: Prairie Central Community Unit School District 8
  • Census Tract: 005700

Geography

  • District: 8
  • Parcel: 03-01-152-011
  • Block: 9
  • Lot: 6
  • Municipality: CHENOA
  • Latitude: 40.7518
  • Longitude: -88.7153

    Address

  • Full Address: 601 N 3rd Ave
  • Address - House Number: 601
  • Street Direction: N
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chenoa
  • Carrier Code: R001
  • 4-Digit Zip Code: 1503
  • Zip Code: 61726

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $202,956
  • Tax Rate Code Area: 810

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 126,847
  • High Value: 153,231
  • Low Value: 100,463

    Market Valuation

  • Market Total Value: $81,147
  • Market Land Value: $12,252
  • Market Improvement Value: $68,895

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,049
  • Assessed Land Value: $4,084
  • Assessed Improvements Value: $22,965

    Sales

  • Current Sale Contract Date: Sep 16, 2013
  • Current Sale Recording Date: Sep 30, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2013-00024975
  • Previous Sale Recording Date: Oct 03, 2011
  • Previous Sale Contract Date: Aug 24, 2011
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Chenoa

Stats & Trends

Median Asking:

$146,200

Sale Price/ft²

$110

Below Asking

0.02%

Average Days on Market

47

Average Home Size

1344 ft²

Average Home Age

89 years

Currently For Sale

2 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: Matthew Hansen, Coldwell Banker Real Estate Group
Data Source: MRED, MLS# MRD12497095
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 601 North 3rd Avenue built and last sold?
The property at 601 North 3rd Avenue was built in 1978 and last sold on Sep 16, 2013 for $74,500.
How much is this home worth?
The estimated value of the home located at 601 North 3rd Avenue is $0.
What are some comparable homes to 601 North 3rd Avenue?
There are currently no comparable homes to 601 North 3rd Avenue.
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