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Hinckley 60520 Highland Estates
620 Rees Street
$378,000
● House - Off Market

620 Rees Street

Hinckley, IL 60520
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,310 Ft²
$2,642
Est. Monthly
5.46%
Cap Rate

About This Property

Large 2 story home with lots of extra rooms. 13 x 18 master bedroom with his and hers closets, full bathroom, a whirlpool tub and walk in shower. A double sided gas fireplace allows you to heat kitchen and the living room at the same time. Large bonus room that can be used as a hang out, office, or rec room. The possibilities are endless. Full unfinished basement allows for plenty of storage space. Brand new carpet and paint throughout in 2024. Located  within walking distance to downtown Hinckley, schools, parks, and restaurants. All room dimensions are estimated, please do your due diligence.
Unit Size
3,310 Ft²
Days on Market
-
Land Size
-
Price per sqft
$119
Property Type
House
Property Taxes
$704
HOA Dues
-
Year Built
-

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: 2 years ago (MRED MLS #12212074)

Price History

Date / Event Date Event Price
Jan 24, 2025 Sold
Premium
Sold
Dec 14, 2024 In contract -
In contract
Dec 6, 2024 Price Decreased $394,500
↓ $15K (3.7%)
Price Decreased
Nov 17, 2024 Listed by Market Trends Realty $409,500
Listed by Market Trends Realty

Property Highlights

Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,277
  • Lot Size Depth Feet: 1,444
  • Lot Size Frontage Feet: 850
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND ESTATES
  • Land Acres: 0000000282
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 75 - HIGHLAND ESTATES - UNIT 6

Neighborhood

  • School District Name: Hinckley-Big Rock Community Unit School District 429
  • Census Tract: 001700

Geography

  • Account Number: 1514201005
  • District: SQ
  • Parcel: 15-14-201-005
  • Lot: 75
  • Municipality: SQUAW GROVE
  • Latitude: 41.7762
  • Longitude: -88.6312

    Address

  • Full Address: 620 Rees St
  • Legal Unit: 6
  • Address - House Number: 620
  • Address - Street Name: Rees
  • Address - Suffix Type: St
  • State: IL
  • City Name: Hinckley
  • Carrier Code: R001
  • 4-Digit Zip Code: 9515
  • Zip Code: 60520

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $764,210
  • Tax Rate Code Area: SQ04

    Appraisal Valuation

  • Standard Deviation: 0.1604
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 379,582
  • High Value: 440,475
  • Low Value: 318,689

    Market Valuation

  • Market Total Value: $342,759
  • Market Land Value: $63,558
  • Market Improvement Value: $279,201

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,253
  • Assessed Land Value: $21,186
  • Assessed Improvements Value: $93,067
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 Highland Estates

Stats & Trends

Median Asking:

$399,285

Sale Price/ft²

$192

Below Asking

0.02%

Average Days on Market

128

Average Home Size

2168 ft²

Average Home Age

10.6 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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Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Christopher Derama, Market Trends Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 12212074
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 620 Rees Street built and last sold?
The property at 620 Rees Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 620 Rees Street is $0.
What are some comparable homes to 620 Rees Street?
There are currently no comparable homes to 620 Rees Street.
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