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Maple Park 60151
611 WALNUT Avenue
$166,000
● House - Off Market

611 WALNUT Avenue

MAPLE PARK, IL 60151
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$350,135
RealtyHop Estimate
106.08%
Since Jul 1, 2009
National-US
Primary Model

About This Property

Vacant. Sold "As-Is." No survey, no disclosures. Buyers to verify all info. Funding verification required. Addendums to follow accepted offer. Seller requires proof of funds to submit offer. Please allow 48 Hours notice for all inspections
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$520
HOA Dues
-
Year Built
2006

Payment Calculator

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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.

Last updated: 3 years ago (MRED MLS #07129260)

Price History

Date / Event Date Event Price
Jun 8, 2009 Sold
Premium
Sold
Feb 4, 2009 Listed by Elm Street, REALTORS $169,900
Listed by Elm Street, REALTORS

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Full Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,070
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,714
  • Gross Building Area: 2,714
  • Building Area: 2,714
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,714
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE SETTLEMENT
  • Land Acres: 0000000231
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: THE SETTLEMENT LOT 3

Neighborhood

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

Geography

  • Parcel: 07-31-180-021
  • Lot: 3
  • Municipality: VIRGIL
  • Latitude: 41.9038
  • Longitude: -88.5968

    Address

  • Full Address: 611 Walnut Ave
  • Address - House Number: 611
  • Address - Street Name: Walnut
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Maple Park
  • Carrier Code: R014
  • 4-Digit Zip Code: 7605
  • Zip Code: 60151

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $819,078
  • Tax Rate Code Area: VI042

    Appraisal Valuation

  • Standard Deviation: 0.1417
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 343,497
  • High Value: 392,184
  • Low Value: 294,811

    Market Valuation

  • Market Total Value: $274,898
  • Market Land Value: $37,119
  • Market Improvement Value: $237,779

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $91,596
  • Assessed Land Value: $12,368
  • Assessed Improvements Value: $79,228

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 25, 2020
  • Current Sale Recording Date: Dec 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020K077445
  • Previous Sale Recording Date: Dec 20, 2013
  • Previous Sale Contract Date: Nov 21, 2013
  • Previous Sale Amount: $165,000
  • 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 Maple Park

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$191

Above Asking

0.00%

Average Days on Market

41

Average Home Size

2252 ft²

Average Home Age

22.2 years

Currently For Sale

5 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: Nancy Edwards, Elm Street, REALTORS
Last Updated: 3 years ago
Data Source: MRED, MLS# 07129260
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 611 Walnut Avenue built and last sold?
The property at 611 Walnut Avenue was built in 2006 and last sold on Aug 25, 2020 for $270,500.
How much is this home worth?
The estimated value of the home located at 611 Walnut Avenue is $0.
What are some comparable homes to 611 Walnut Avenue?
There are currently no comparable homes to 611 Walnut Avenue.
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