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Bradley 60915
641 N Jackson Avenue
$245,000
● House - Off Market

641 N Jackson Avenue

Bradley, IL 60915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,450 Ft²
$1,670
Est. Monthly
9.97%
Cap Rate

About This Property

Beautiful maintenance free brick and vinyl ranch with 3 bedrooms, 2 baths, 2 car garage and spacious back yard.  Cozy three season room leading out to the back yard through sliding glass doors.  The kitchen has lots of counter space and cabinets.  The main bedroom has its own bath with walk in shower & walk in closet.  The picture window has two slides to allow the breeze to flow on summer days.  This home has a newer water heater, stainless steel appliances.  Solar panels are leased.  Buyer has the option or renew lease, buy panels or have them removed at the end of the lease.   Yard ornaments, freezer, and shelving unites in garage are not staying.
Unit Size
1,450 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$176
Property Type
House
Property Taxes
$417
HOA Dues
-
Year Built
-

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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

  • 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
  • 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: 9,000
  • 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: MARQUIS MEADOWS 2ND ADD
  • Land Acres: 0000000206
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: MARQUIS MEADOWS 2ND ADDN LOT 98 21-31-12E

Neighborhood

  • School District Name: Bradley-Bourbonnais Consolidated High School District 307
  • Census Tract: 010702

Geography

  • District: 17
  • Parcel: 17-09-21-410-009
  • Lot: 98
  • Municipality: BOURBONNAIS
  • Latitude: 41.1526
  • Longitude: -87.8428

    Address

  • Full Address: 641 N Jackson Ave
  • Address - House Number: 641
  • Street Direction: N
  • Address - Street Name: Jackson
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Bradley
  • Carrier Code: C005
  • 4-Digit Zip Code: 1449
  • Zip Code: 60915

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $443,402
  • Tax Rate Code Area: 17010

    Appraisal Valuation

  • Standard Deviation: 0.1909
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 224,359
  • High Value: 267,225
  • Low Value: 181,493

    Market Valuation

  • Market Total Value: $184,818
  • Market Land Value: $20,175
  • Market Improvement Value: $164,643

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,606
  • Assessed Land Value: $6,725
  • Assessed Improvements Value: $54,881

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 22, 2021
  • Current Sale Recording Date: Oct 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 15177
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 Bradley

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$172

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1571 ft²

Average Home Age

53.1 years

Currently For Sale

27 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: Diane Martin, Hexagon Real Estate
Data Source: MRED, MLS# MRD12436958
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 641 North Jackson Avenue built and last sold?
The property at 641 North Jackson Avenue was built in and last sold on Oct 22, 2021 for $195,000.
How much is this home worth?
The estimated value of the home located at 641 North Jackson Avenue is $0.
What are some comparable homes to 641 North Jackson Avenue?
There are currently no comparable homes to 641 North Jackson Avenue.
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