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Genoa 60135 Willow Glen
702 Aspen Way
$270,000
● House - Off Market

702 Aspen Way

Genoa, IL 60135
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,600 Ft²
$1,852
Est. Monthly
7.70%
Cap Rate

About This Property

Located in Willow Glen Subd. this well maintained home offers 3 bedrooms and 2.1 baths. Spacious living room with plenty of natural lighting, gas brick fireplace and vaulted ceilings open to the dining area. Eat-in kitchen with breakfast bar, pantry, built-in desk and sliding doors leading to the deck. Master bedroom with skylight, soaker tub, shower and walk-in closet. Full basement with wash sink & toilet awaiting your finishing touches. First floor laundry room and 2 car attached garage. Professionally landscaped yard with shed and fence. You'll love the location of this wonderful home to enjoy the parks and Kishwaukee river.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$166
Property Type
House
Property Taxes
$550
HOA Dues
-
Year Built
1996

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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 #11873709)

Price History

Date / Event Date Event Price
Dec 20, 2023 Sold
Premium
Sold
Sep 15, 2023 Listed by RE/MAX Classic $264,900
Listed by RE/MAX Classic

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Full Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLOW GLEN PUD - PHASE 2
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 98 - WILLOW GLEN PUD - PHASE 2

Neighborhood

  • School District Name: Genoa-Kingston Community Unit School District 424
  • Census Tract: 000100

Geography

  • Account Number: 0330177005
  • District: GE
  • Subdivision Phase Number: 2
  • Parcel: 03-30-177-005
  • Lot: 98
  • Municipality: GENOA
  • Latitude: 42.0907
  • Longitude: -88.6987

    Address

  • Full Address: 702 Aspen Way
  • Address - House Number: 702
  • Address - Street Name: Aspen
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Genoa
  • Carrier Code: R002
  • 4-Digit Zip Code: 7501
  • Zip Code: 60135

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $660,438
  • Tax Rate Code Area: GE06

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 78
  • Final Value: 283,901
  • High Value: 332,368
  • Low Value: 235,435

    Market Valuation

  • Market Total Value: $232,161
  • Market Land Value: $42,219
  • Market Improvement Value: $189,942

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,387
  • Assessed Land Value: $14,073
  • Assessed Improvements Value: $63,314

    Sales

  • Current Sale Contract Date: Dec 12, 2023
  • Current Sale Recording Date: Jan 08, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 171
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 Willow Glen

Stats & Trends

Median Asking:

$285,000

Sale Price/ft²

$239

Above Asking

0.00%

Average Days on Market

53

Average Home Size

1217 ft²

Average Home Age

28.3 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: Tammy Engel, RE/MAX Classic
Last Updated: 3 years ago
Data Source: MRED, MLS# 11873709
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 702 Aspen Way built and last sold?
The property at 702 Aspen Way was built in 1996 and last sold on Dec 12, 2023 for $270,000.
How much is this home worth?
The estimated value of the home located at 702 Aspen Way is $267,549.
What are some comparable homes to 702 Aspen Way?
There are currently no comparable homes to 702 Aspen Way.
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