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Kendall 60512
7053 Galena Road
$305,000
● House - Off Market

7053 Galena Road

Bristol, IL 60512
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,366 Ft²
$2,000
Est. Monthly
6.98%
Cap Rate

About This Property

5 car garage, spacious ranch, water front and garden shed for all of your needs. Eat in Kitchen with hard surface counter tops and center island and living room with brick/stone fireplace and dining rm, both with large picture windows and beautiful view of Blackberry Creek and forest preserve on other side to stop future growth nearby for privacy. 2 car attached garage and detached 3 1/2 car garage (34 x 24) with electric. Office/sitting room, 3 season room on back of home with access to large 2 car garage. Back covered porch to fenced yard. Basement walls fully encapsulated for moisture and drainage tiled installed under inside of basement to sump. New well tank and pump 2022, new front sidewalk and roof 2021.
Unit Size
1,366 Ft²
Days on Market
-
Land Size
0.89 acres
Price per sqft
$238
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1941

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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 #11838658)

Price History

Date / Event Date Event Price
Jan 31, 2024 Sold
Premium
Sold
Jul 31, 2023 Listed by Lemar Realty $324,500
Listed by Lemar Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,296
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 38,768
  • Total Building Area: 1,296
  • Gross Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: T

    Heating and Cooling

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

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000890
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: SEC. 2-37-7

Neighborhood

  • School District Name: Yorkville Community Unit School District 115
  • Census Tract: 890403

Geography

  • Assessors Map Reference: 3198-D7
  • Parcel: 02-02-476-003
  • Meridian: SEC 02 TWN 37N RNG 07E
  • Municipality: BRISTOL TOWNSHIP
  • Latitude: 41.7079
  • Longitude: -88.3915

    Address

  • Full Address: 7053 Galena Rd
  • Address - House Number: 7053
  • Address - Street Name: Galena
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Bristol
  • Carrier Code: R031
  • 4-Digit Zip Code: 9730
  • Zip Code: 60512

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $487,468
  • Tax Rate Code Area: BR006

    Appraisal Valuation

  • Standard Deviation: 0.0918
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 317,036
  • High Value: 346,154
  • Low Value: 287,918

    Market Valuation

  • Market Total Value: $199,734
  • Market Land Value: $40,557
  • Market Improvement Value: $159,177

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,578
  • Assessed Land Value: $13,519
  • Assessed Improvements Value: $53,059

    Sales

  • Current Sale Contract Date: Jan 31, 2024
  • Current Sale Recording Date: Feb 02, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1168
  • Previous Sale Recording Date: Nov 01, 2016
  • Previous Sale Contract Date: Sep 30, 2016
  • Previous Sale Amount: $157,000
  • Previous Sale Document Type: 71
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 Kendall

Stats & Trends

Median Asking:

$410,000

Sale Price/ft²

$202

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2285 ft²

Average Home Age

17.1 years

Currently For Sale

421 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

Unit for rent at 3761 Bailey Road, Yorkville, IL, 60560

$2,465 /mo

  • 3 Beds
  • 2 Baths
  • 1,797 ft²
3761 Bailey Road, Yorkville, IL, 60560 Listing by Robin Freiman

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jim Lemar, Lemar Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11838658
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 7053 Galena Road built and last sold?
The property at 7053 Galena Road was built in 1941 and last sold on Jan 31, 2024 for $305,000.
How much is this home worth?
The estimated value of the home located at 7053 Galena Road is $325,408.
What are some comparable homes to 7053 Galena Road?
There are currently no comparable homes to 7053 Galena Road.
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