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Le Roy 61752
605 W Wayne Street
$160,000
● House - Off Market

605 W Wayne Street

Leroy, IL 61752
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,170 Ft²
$993
Est. Monthly
18.10%
Cap Rate

About This Property

Welcome to this adorable move-in ready 3bedroom, 1bath ranch nestled at the edge of Le Roy. This gem sits on a beautiful, spacious lot perfect for outdoor entertaining or just relaxing at the end of a long day.  Enjoy the ease of small-town living with nearby amenities including parks, downtown shopping, wonderful restaurants and the Replex Recreation Center with pool and gym! Hurry and schedule your showing to make this home yours!
Unit Size
1,170 Ft²
Days on Market
-
Land Size
-
Price per sqft
$134
Property Type
House
Property Taxes
$222
HOA Dues
-
Year Built
1899

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 1899
  • Effective Year Built: 1899
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 1,170
  • Gross Building Area: 1,170
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONKLINGS ADD
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: CONKLINGS ADD TO LEROY LOT 11,12, & W 1/2 LOT 13 BLK 89

Neighborhood

  • School District Name: Le Roy Community Unit School District 2
  • Census Tract: 005502

Geography

  • District: 15
  • Parcel: 30-20-226-007
  • Block: 89
  • Lot: 11,12
  • Meridian: SEC 20 TWN 22N RNG 04E
  • Municipality: EMPIRE
  • Latitude: 40.3545
  • Longitude: -88.7683

    Address

  • Full Address: 605 W Wayne St
  • Address - House Number: 605
  • Street Direction: W
  • Address - Street Name: Wayne
  • Address - Suffix Type: St
  • State: IL
  • City Name: Le Roy
  • Carrier Code: C002
  • 4-Digit Zip Code: 1056
  • Zip Code: 61752

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $232,784
  • Tax Rate Code Area: 1501

    Appraisal Valuation

  • Standard Deviation: 0.4855
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 2
  • Final Value: 222,540
  • High Value: 330,584
  • Low Value: 114,495

    Market Valuation

  • Market Total Value: $76,785
  • Market Land Value: $21,081
  • Market Improvement Value: $55,704

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,595
  • Assessed Land Value: $7,027
  • Assessed Improvements Value: $18,568
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 Le Roy

Stats & Trends

Median Asking:

$180,000

Sale Price/ft²

$126

Below Asking

0.01%

Average Days on Market

42

Average Home Size

2157 ft²

Average Home Age

134.3 years

Currently For Sale

3 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: Amy Miller, CORE 3 Residential Real Estate LLC
Data Source: MRED, MLS# MRD12401495
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 605 West Wayne Street built and last sold?
The property at 605 West Wayne Street was built in 1899 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 605 West Wayne Street is $0.
What are some comparable homes to 605 West Wayne Street?
There are currently no comparable homes to 605 West Wayne Street.
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