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Union 60180 Evergreen Park
6418 Wayne Street
$225,000
● House - Off Market

6418 Wayne Street

Union, IL 60180
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,256 Ft²
$241,363
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

OLD WORLD CHARM IN THIS LOVELY FARMHOUSE!  SITTING ON A 1/2 ACRE IN TOWN!  BEAUTIFUL ORIGINAL WOODWORK THROUGH OUT! 4 BEDROOMS WITH ONE ON THE MAIN LEVEL - 2 FULL BATHS - COUNTRY EAT-IN KITCHEN WITH SCREENED IN PORCH THROUGH THE SLIDING GLASS DOORS - FULL BASEMENT - HUGE 24X28 CAR GARAGE WITH 8 FT DOOR - ROOF, HVAC, WATER SOFTENER ALL NEWER - FABULOUS YARD WITH SHED (RED BARN) FOR STORAGE!  MOVE TO UNION TODAY, THIS ONE IS READY!
Unit Size
2,256 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$101
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1913

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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 #11656000)

Price History

Date / Event Date Event Price
Jan 9, 2023 Sold
Premium
Sold
Nov 10, 2022 Listed by Century 21 New Heritage - Hampshire $228,000
Listed by Century 21 New Heritage - Hampshire

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 983
  • Garage Type: 7
  • Garage Square Area: 665
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,139
  • Total Building Area: 3,239
  • Gross Building Area: 3,415
  • Building Area: 2,256
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,256
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OWNERS SUB
  • Land Acres: 0000000508
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2023R0000606 LT 15 OWNERS SUB VILL OF UNION

Neighborhood

  • School District Name: Marengo Community High School District 154
  • Census Tract: 871502

Geography

  • Parcel: 17-04-252-003
  • Block: 252
  • Lot: 15
  • Municipality: CORAL TWP
  • Latitude: 42.2351
  • Longitude: -88.5401

    Address

  • Full Address: 6418 Wayne St
  • Address - House Number: 6418
  • Address - Street Name: Wayne
  • Address - Suffix Type: St
  • State: IL
  • City Name: Union
  • Carrier Code: R011
  • 4-Digit Zip Code: 9712
  • Zip Code: 60180

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $378,182
  • Tax Rate Code Area: 17002

    Appraisal Valuation

  • Standard Deviation: 0.1739
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 256,516
  • High Value: 301,132
  • Low Value: 211,900

    Market Valuation

  • Market Total Value: $180,861
  • Market Land Value: $34,788
  • Market Improvement Value: $146,073

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,287
  • Assessed Land Value: $11,596
  • Assessed Improvements Value: $48,691

    Sales

  • Current Sale Contract Date: Jan 06, 2023
  • Current Sale Recording Date: Jan 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 606
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 Evergreen Park

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$131

Above Asking

0.00%

Average Days on Market

18

Average Home Size

2677 ft²

Average Home Age

76 years

Currently For Sale

0 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: Mary Sagan, Century 21 New Heritage - Hampshire
Last Updated: 3 years ago
Data Source: MRED, MLS# 11656000
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 6418 Wayne Street built and last sold?
The property at 6418 Wayne Street was built in 1913 and last sold on Jan 6, 2023 for $231,666.
How much is this home worth?
The estimated value of the home located at 6418 Wayne Street is $0.
What are some comparable homes to 6418 Wayne Street?
There are currently no comparable homes to 6418 Wayne Street.
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