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Genoa 60135 Willow Glen
707 Cedar Lane
$251,546
● House - Off Market

707 Cedar Lane

Genoa, IL 60135
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,359 Ft²
$1,858
Est. Monthly

About This Property

This home is a true diamond in the rough with endless potential! The main level boasts three spacious bedrooms, including a master suite with a private  suite bath and dual closets. The newly installed vinyl flooring throughout the first floor adds a modern touch and easy maintenance.The finished basement offers even more space with a fantastic rec room, two bonus rooms, and plenty of storage opportunities. Outside, enjoy the poured concrete patio, walkway, and a fully fenced backyard - perfect for outdoor relaxation or entertaining.The best part? You're just moments away from the charming downtown area, schools, shopping, and scenic walking trails along the Kishwaukee River! Don't miss out-schedule a showing today!
Unit Size
1,359 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$191
Property Type
House
Property Taxes
$581
HOA Dues
-
Year Built
1995

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 7
  • 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: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 0
  • Building Area: 1,441
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,441
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLOW GLEN P.U.D.
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: WILLOW GLEN P.U.D.-LOT 35

Neighborhood

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

Geography

  • Account Number: 0330178009
  • District: GE
  • Parcel: 03-30-178-009
  • Lot: 35
  • Municipality: GENOA
  • Latitude: 42.0897
  • Longitude: -88.6978

    Address

  • Full Address: 707 Cherry Tree Ln
  • Address - House Number: 707
  • Address - Street Name: Cherry Tree
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Genoa
  • Carrier Code: R002
  • 4-Digit Zip Code: 8183
  • Zip Code: 60135

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $636,132
  • Tax Rate Code Area: GE06

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 266,317
  • High Value: 313,724
  • Low Value: 218,909

    Market Valuation

  • Market Total Value: $218,325
  • Market Land Value: $42,219
  • Market Improvement Value: $176,106

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,775
  • Assessed Land Value: $14,073
  • Assessed Improvements Value: $58,702

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 17, 2019
  • Current Sale Recording Date: Nov 19, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019010705
  • Previous Sale Recording Date: Aug 23, 2006
  • Previous Sale Contract Date: Aug 18, 2006
  • Previous Sale Amount: $194,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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:

$284,900

Sale Price/ft²

$228

Above Asking

0.00%

Average Days on Market

47

Average Home Size

1243 ft²

Average Home Age

28.1 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

Unit for rent at 113 Cobblestone Court, Genoa, IL, 60135

$1,749 /mo

  • 1 Bed
  • 1 Bath
  • 1,100 ft²
113 Cobblestone Court #113, Genoa, IL, 60135 Listing by Brian Grainger

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Cirone, 3 Roses Realty
Data Source: MRED, MLS# MRD12523670
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 707 Cedar Lane built and last sold?
The property at 707 Cedar Lane was built in 1995 and last sold on Oct 17, 2019 for $178,000.
How much is this home worth?
The estimated value of the home located at 707 Cedar Lane is $0.
What are some comparable homes to 707 Cedar Lane?
There are currently no comparable homes to 707 Cedar Lane.
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