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Union 60180
6604 Elm Street
$305,000
● House - Off Market

6604 Elm Street

Union, IL 60180
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,100 Ft²
$1,733
Est. Monthly
8.96%
Cap Rate

About This Property

As they say, elbow room is good...not only in the home, but in the HUGE garage and the 3/4  acre city lot!  Eat in kitchen plus breakfast bar and adjacent dining room~living room w/bay window~TV room, or den, or office..you choose!  Remodeled bathroom.  Second story has 3 bedrooms   and 1/2 bath .  Entire home freshly painted, brand new carpeting thruout, excepting baths and kitchen. Amazing brick garage, approximately 2200 sq. ft.  5 car garage (3 doors) plus 24' x 38' workshop that has brand new shingles and also doored~storage room 22'x20'~fenced yard for the dogs, and large back yard for enertaining.  AC 2 years old, furnace 4 years old~ vinyl siding~large wolmanized rear deck~cement patio.  Must see to appreciate! Hurry and be in for the holidays!
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$143
Property Type
House
Property Taxes
$260
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.

Last updated: 3 years ago (MRED MLS #11925837)

Price History

Date / Event Date Event Price
Dec 22, 2023 Sold
Premium
Sold
Nov 7, 2023 Listed by CENTURY 21 New Heritage $299,900
Listed by CENTURY 21 New Heritage

Property Highlights

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: 33,499
  • 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: ORIG PLAT VILL OF UNION
  • Land Acres: 0000000769
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2020R0035886 PT LT 1, ALL LT 2, N 86FT LTS 3 & 4 & PT LTS 7 & 8 BLK 17 & PT VAC WAYNE ST LYING E OF & ADJ & PT VAC SOUTH ST LYING S OF & ADJ BOTH VACATED PER DOC 1986R096497 ORIG PLAT VILL OF UNION

Neighborhood

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

Geography

  • Parcel: 17-04-329-017
  • Block: 17
  • Lot: 1-4,7
  • Municipality: CORAL TWP
  • Latitude: 42.2328
  • Longitude: -88.5411

    Address

  • Full Address: 6604 Elm St
  • Address - House Number: 6604
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: IL
  • City Name: Union
  • Carrier Code: R005
  • 4-Digit Zip Code: 9633
  • Zip Code: 60180

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $312,264
  • Tax Rate Code Area: 17002

    Appraisal Valuation

  • Standard Deviation: 0.0972
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 91
  • Final Value: 297,651
  • High Value: 326,599
  • Low Value: 268,703

    Market Valuation

  • Market Total Value: $155,088
  • Market Land Value: $28,494
  • Market Improvement Value: $126,594

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,696
  • Assessed Land Value: $9,498
  • Assessed Improvements Value: $42,198

    Sales

  • Current Sale Contract Date: Dec 22, 2023
  • Current Sale Recording Date: Jan 16, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1030
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 Union

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$193

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1595 ft²

Average Home Age

106 years

Currently For Sale

1 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: Sandra Butenschoen, CENTURY 21 New Heritage
Last Updated: 3 years ago
Data Source: MRED, MLS# 11925837
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 6604 Elm Street built and last sold?
The property at 6604 Elm Street was built in and last sold on Dec 22, 2023 for $305,000.
How much is this home worth?
The estimated value of the home located at 6604 Elm Street is $307,667.
What are some comparable homes to 6604 Elm Street?
There are currently no comparable homes to 6604 Elm Street.
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