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Kappa 61738
752 Dixon Avenue
$236,000
● House - Off Market

752 Dixon Avenue

Kappa, IL 61738
bedrooms
1 Bed
bathrooms
2 Baths, 1 Half Bath
square feet
1,440 Ft²
$199,256
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Rare opportunity for a "Barn-dominium" in Kappa!  This beautifully updated "Shouse" is paired with an attached, 1700+ sqft workshop that can easily fit 4 cars and more (shop benches remain)!  The main floor offers one bedroom and one office (potential to be made into 2nd bedroom with adding a window), two living spaces, 1.5 baths, an updated kitchen with all appliances remaining, and a laundry room including a washer and dryer.  Both the house and shop areas have individual heating and cooling units!  Set on over 1/2 acre and just over 12 miles outside Bloomington/Normal, enjoy proximity to Lake Bloomington, Comlara Park, and more!  The generator will remain at 16 kilowatts.
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$139
Property Type
House
Property Taxes
$275
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 #11872250)

Price History

Date / Event Date Event Price
Oct 20, 2023 Sold
Premium
Sold
Sep 7, 2023 Listed by Coldwell Banker Real Estate Group $200,000
Listed by Coldwell Banker Real Estate Group

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: 24,829
  • 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: RAILROAD ADDITION TO KAPPA
  • Land Acres: 0000000570
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: T26N - R2E - S32 TRACT 7-ES PT BLK 17 RAILROAD ADDN TO KAPPA

Neighborhood

  • School District Name: El Paso-Gridley Community Unit School District 11
  • Census Tract: 030700

Geography

  • District: 16
  • Parcel: 16-32-207-021
  • Block: 17
  • Meridian: SEC 32 TWN 26N RNG 02E
  • Municipality: EL PASO
  • Latitude: 40.6724
  • Longitude: -89.0076

    Address

  • Full Address: 752 Dixon Ave
  • Address - House Number: 752
  • Address - Street Name: Dixon
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Kappa
  • Carrier Code: R001
  • 4-Digit Zip Code: 1825
  • Zip Code: 61738

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $393,672
  • Tax Rate Code Area: 16002

    Appraisal Valuation

  • Standard Deviation: 0.0883
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 92
  • Final Value: 196,232
  • High Value: 213,570
  • Low Value: 178,894

    Market Valuation

  • Market Total Value: $161,550
  • Market Land Value: $17,511
  • Market Improvement Value: $144,039

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,850
  • Assessed Land Value: $5,837
  • Assessed Improvements Value: $48,013

    Sales

  • Current Sale Recording Date: Sep 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 703867
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 Kappa

Stats & Trends

Median Asking:

$197,450

Sale Price/ft²

$106

Above Asking

0.00%

Average Days on Market

36

Average Home Size

1632 ft²

Average Home Age

23 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: Leah Bond, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11872250
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 752 Dixon Avenue built and last sold?
The property at 752 Dixon Avenue was built in and last sold on Jan 1, 1970 for $10,000.
How much is this home worth?
The estimated value of the home located at 752 Dixon Avenue is $202,000.
What are some comparable homes to 752 Dixon Avenue?
There are currently no comparable homes to 752 Dixon Avenue.
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