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North Utica 61373
802 Burgess Drive
$269,900
● House - Off Market

802 Burgess Drive

Utica, IL 61373
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,616 Ft²
$1,621
Est. Monthly
9.80%
Cap Rate

About This Property

Don't Miss out on this solid built ranch home. This home features a very large eat in kitchen, spacious living room, and main level laundry. 3 bedrooms, the primary suite includes a full bathroom. There is a covered porch, a large deck, full unfinished basement and oversized attached 2 car garage measuring 31x24 with overhead insulated door. Lot is approx. .63 of an acre. You will be within walking distance of historic downtown Utica and close to Starved Rock State Park. This is in Waltham & LP School district.
Unit Size
1,616 Ft²
Days on Market
-
Land Size
-
Price per sqft
$167
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
1998

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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 #12059011)

Price History

Date / Event Date Event Price
Jun 24, 2024 Sold
Premium
Sold
May 17, 2024 Listed by Coldwell Banker Today's, Realtors $269,900
Listed by Coldwell Banker Today's, Realtors

Property Highlights

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • 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: 25,611
  • Total Building Area: 1,616
  • Gross Building Area: 1,616
  • Building Area: 1,616
  • Building Area Measurement: T

    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: RIDGEVIEW SUB
  • Land Acres: 0000000587
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: RIDGEVIEW SUB, LT 60 (EX SWLY 13.43') SEC 7-33-2

Neighborhood

  • School District Name: LaSalle-Peru Township High School District 120
  • Census Tract: 962200

Geography

  • District: UT
  • Parcel: 19-07-400-066
  • Lot: 60
  • Meridian: SEC 07 TWN 33 RNG 02
  • Municipality: UTICA TOWNSHIP
  • Latitude: 41.3442
  • Longitude: -89.0363

    Address

  • Full Address: 802 Burgess Dr
  • Address - House Number: 802
  • Address - Street Name: Burgess
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Utica
  • Carrier Code: R001
  • 4-Digit Zip Code: 9561
  • Zip Code: 61373

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $354,602
  • Tax Rate Code Area: UT011

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 223,509
  • High Value: 253,939
  • Low Value: 193,078

    Market Valuation

  • Market Total Value: $201,915
  • Market Land Value: $27,288
  • Market Improvement Value: $174,627

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,305
  • Assessed Land Value: $9,096
  • Assessed Improvements Value: $58,209
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 North Utica

Stats & Trends

Median Asking:

$194,500

Sale Price/ft²

$120

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2198 ft²

Average Home Age

18.3 years

Currently For Sale

10 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: Wendy Fulmer, Coldwell Banker Today's, Realtors
Last Updated: 2 years ago
Data Source: MRED, MLS# 12059011
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 802 Burgess Drive built and last sold?
The property at 802 Burgess Drive was built in 1998 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 802 Burgess Drive is $267,058.
What are some comparable homes to 802 Burgess Drive?
There are currently no comparable homes to 802 Burgess Drive.
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