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Chenoa 61726
621 Mason Street
$50,000
● House - Off Market

621 Mason Street

Chenoa, IL 61726
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,152 Ft²
$640
Est. Monthly
22.93%
Cap Rate

About This Property

A once beautiful home on a corner lot walking distance to the school seeking new ownership to bring it back to life. This home was involved in a fire which eliminated the garage, and caused some smoke and water damage to the home primarily within the southwest side of the home. Being sold as is.
Unit Size
3,152 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$19
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
1919

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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.

Last updated: 3 years ago (MRED MLS #12103590)

Price History

Date / Event Date Event Price
Aug 12, 2024 Sold
Premium
Sold
Jul 10, 2024 In contract -
In contract
Jul 7, 2024 Listed by Coldwell Banker Real Estate Group $59,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • 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: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,200
  • Parking Space Count: 5
  • Patio Type: 55
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,215
  • Total Building Area: 1,664
  • Gross Building Area: 1,664
  • Building Area: 1,664
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,664
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JORDAN SUB
  • Land Acres: 0000000510
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: A.D. JORDAN SUB PT NE SEC 11 S 1/2 LOT 14, ALL 15,18 &19 BLK 2

Neighborhood

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

Geography

  • District: 8
  • Parcel: 03-11-233-004
  • Block: 2
  • Lot: 14
  • Municipality: CHENOA
  • Latitude: 40.7383
  • Longitude: -88.7211

    Address

  • Full Address: 621 Mason St
  • Address - House Number: 621
  • Address - Street Name: Mason
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chenoa
  • Carrier Code: C001
  • 4-Digit Zip Code: 1334
  • Zip Code: 61726

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $414,724
  • Tax Rate Code Area: 810

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 193,406
  • High Value: 230,772
  • Low Value: 156,041

    Market Valuation

  • Market Total Value: $147,036
  • Market Land Value: $18,336
  • Market Improvement Value: $128,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,012
  • Assessed Land Value: $6,112
  • Assessed Improvements Value: $42,900

    Sales

  • Current Sale Contract Date: Apr 28, 2015
  • Current Sale Recording Date: May 22, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015-00008775
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: Crystal Semmerling, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 12103590
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 621 Mason Street built and last sold?
The property at 621 Mason Street was built in 1919 and last sold on Apr 28, 2015 for $148,500.
How much is this home worth?
The estimated value of the home located at 621 Mason Street is $0.
What are some comparable homes to 621 Mason Street?
There are currently no comparable homes to 621 Mason Street.
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