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Delavan 61734
604 Elm Street
$125,000
● House - Off Market

604 Elm Street

Delavan, IL 61734
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,024 Ft²
$892
Est. Monthly
11.73%
Cap Rate

About This Property

Adorable 2-bedroom handicap accessible ranch home with fenced yard open floorplan and multiple garages. This home boasts a large living room and open kitchen, dining area. Large walk-in shower that could be removed to add a tub if desired. House has handicap access ramps in front and rear as well as handles in the bathroom and shower.   One car attached garage is insulated and has heat. Second detached garage is a 2 car but has access for one vehicle and a shop area with doors on both ends to drive on through if desired! Fully fenced back yard and well-kept over the years. Don't wait. Make your appointment today to see this home before it's too late!
Unit Size
1,024 Ft²
Days on Market
-
Land Size
-
Price per sqft
$122
Property Type
House
Property Taxes
$278
HOA Dues
-
Year Built
2013

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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: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 416
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,331
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,160
  • Gross Building Area: 2,160
  • Building Area: 1,024
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,024
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORIGINAL TOWN
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 510
  • Legal Description 1: SEC 10 T22N R4W ORIGINAL TOWN S 75 OF LOT 2 OF BLK 44 SW 1/4

Neighborhood

  • School District Name: Delavan Community Unit School District 703
  • Census Tract: 021900

Geography

  • District: 210
  • Section: 10
  • Parcel: 21-21-10-309-010
  • Block: 44
  • Lot: 2
  • Meridian: SEC 10 TWN 22N RNG 04W
  • Municipality: DELAVAN
  • Latitude: 40.37
  • Longitude: -89.5428

    Address

  • Full Address: 604 Elm St
  • Address - House Number: 604
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: IL
  • City Name: Delavan
  • Carrier Code: R001
  • 4-Digit Zip Code: 7563
  • Zip Code: 61734

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $306,786
  • Tax Rate Code Area: 21005

    Appraisal Valuation

  • Standard Deviation: 0.2686
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 61
  • Final Value: 130,982
  • High Value: 166,165
  • Low Value: 95,799

    Market Valuation

  • Market Total Value: $126,600
  • Market Land Value: $7,170
  • Market Improvement Value: $119,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,200
  • Assessed Land Value: $2,390
  • Assessed Improvements Value: $39,810

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 04, 2019
  • Current Sale Recording Date: Apr 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201900004028
  • Previous Sale Recording Date: Sep 06, 2012
  • Previous Sale Contract Date: Aug 31, 2012
  • Previous Sale Amount: $73,000
  • Previous Sale Document Type: 33

    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 Delavan

Stats & Trends

Median Asking:

$222,400

Sale Price/ft²

$131

Below Asking

0.05%

Average Days on Market

36

Average Home Size

1824 ft²

Average Home Age

52.5 years

Currently For Sale

0 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

Rentals Near You

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MRED

Listed by: Jared Litwiller, Freedom Realty
Data Source: MRED, MLS# MRD12418708
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 604 Elm Street built and last sold?
The property at 604 Elm Street was built in 2013 and last sold on Apr 4, 2019 for $92,500.
How much is this home worth?
The estimated value of the home located at 604 Elm Street is $0.
What are some comparable homes to 604 Elm Street?
There are currently no comparable homes to 604 Elm Street.
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