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Union 60180 Railway Estates
7112 Great Northern Trail
$395,000
● House - Off Market

7112 Great Northern Trail

Union, IL 60180
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,423 Ft²
$1,965
Est. Monthly

About This Property

RARE QUICK MOVE-IN! Three-car garage! Welcome to the Columbia at Railway Estates. The Columbia single-family home is just as inviting as it is functional. Discover a magnificently spacious floor plan with custom flex areas. The welcoming family room effortlessly flows into the gourmet kitchen and dining area, so you never miss a moment. On the second floor, 4 large bedrooms await. Your luxurious owner's suite offers a walk-in closet and spa-like double vanity bath. At Railway Estates, quiet roads take you home to affordable new 2-story & ranch homes in Union. Near US-20, Rt 176 & IL-47. GREAT CORNER LOT!
Unit Size
2,423 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$165
Property Type
House
Property Taxes
-
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: 2 years ago (MRED MLS #12084500)

Price History

Date / Event Date Event Price
Nov 13, 2024 Sold
Premium
Sold
Jul 6, 2024 In contract -
In contract
Jun 14, 2024 Listed by Legacy Properties, A Sarah Leonard Company, LLC $399,990
Listed by Legacy Properties, A Sarah Leonard Company, LLC

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: 19,031
  • 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: V
  • Subdivision: RAILWAY ESTATES UNIT 1
  • Land Acres: 0000000437
  • Standard Land Use Code: 8000
  • County Land Use Code: 0030
  • Legal Description 1: DOC 2014R0000778 LT 11 RAILWAY ESTATES UNIT 1

Neighborhood

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

Geography

  • Parcel: 17-09-126-001
  • Lot: 11
  • Municipality: CORAL TWP
  • Latitude: 42.2243
  • Longitude: -88.5434

    Address

  • Full Address: 7112 Great Northern Trl
  • Legal Unit: 1
  • Address - House Number: 7112
  • Address - Street Name: Great Northern
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Union
  • Carrier Code: R005
  • 4-Digit Zip Code: 9758
  • Zip Code: 60180

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $46,506
  • Tax Rate Code Area: 17017

    Market Valuation

  • Market Total Value: $11,583
  • Market Land Value: $11,583

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,861
  • Assessed Land Value: $3,861

    Sales

  • Current Sale Contract Date: Aug 23, 2023
  • Current Sale Recording Date: Sep 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 22188
  • Previous Sale Recording Date: Jan 08, 2014
  • Previous Sale Contract Date: Dec 09, 2013
  • Previous Sale Amount: $365,500
  • Previous Sale Document Type: 68
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 Railway Estates

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$197

Below Asking

0.01%

Average Days on Market

70

Average Home Size

2146 ft²

Average Home Age

2.6 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: Sarah Leonard, Legacy Properties, A Sarah Leonard Company, LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 12084500
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 7112 Great Northern Trail built and last sold?
The property at 7112 Great Northern Trail was built in and last sold on Aug 23, 2023 for $21,000.
How much is this home worth?
The estimated value of the home located at 7112 Great Northern Trail is $0.
What are some comparable homes to 7112 Great Northern Trail?
There are currently no comparable homes to 7112 Great Northern Trail.
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