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Pingree Grove 60140
805 Wester Boulevard
$436,000
● House - Off Market

805 Wester Boulevard

Pingree Grove, IL 60140
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,500 Ft²
$2,994
Est. Monthly
$83
HOA / Fees
6.76%
Cap Rate

About This Property

Cute as a button and completely move-in ready! This beauty features an oversized, open concept kitchen with breakfast bar, island, and more storage than you'll know what to do with! Enjoy summer nights overlooking the water in your fenced in backyard complete with patio and fire pit. Finished basement with a sound treated fifth bedroom and ample storage is the icing on the cake! All of this plus the amenities of beautiful Cambridge Lakes including a private clubhouse, gym, pool, and on-site elementary school! Move this one to the top of your list!!
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$170
Property Type
House
Property Taxes
$824
HOA Dues
$83
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 #11974151)

Price History

Date / Event Date Event Price
Apr 19, 2024 Sold
Premium
Sold
Feb 29, 2024 Listed by Keller Williams Infinity $425,000
Listed by Keller Williams Infinity

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: 10,454
  • 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: CAMBRIDGE LAKES
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: CAMBRIDGE LAKES UNIT 16A LT 414

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850707

Geography

  • Parcel: 02-33-229-006
  • Lot: 414
  • Municipality: RUTLAND
  • Latitude: 42.0786
  • Longitude: -88.4157

    Address

  • Full Address: 805 Wester Blvd
  • Legal Unit: 16A
  • Address - House Number: 805
  • Address - Street Name: Wester
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Pingree Grove
  • Carrier Code: R012
  • 4-Digit Zip Code: 2003
  • Zip Code: 60140

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $988,436
  • Tax Rate Code Area: RU021

    Appraisal Valuation

  • Standard Deviation: 0.109
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 89
  • Final Value: 569,930
  • High Value: 632,089
  • Low Value: 507,771

    Market Valuation

  • Market Total Value: $358,430
  • Market Land Value: $77,014
  • Market Improvement Value: $281,417

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $119,429
  • Assessed Land Value: $25,661
  • Assessed Improvements Value: $93,768

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 12, 2005
  • Current Sale Recording Date: Sep 22, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016K051117

    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 Pingree Grove

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$186

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1985 ft²

Average Home Age

15.7 years

Currently For Sale

24 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: Elyse Moore, Keller Williams Infinity
Last Updated: 3 years ago
Data Source: MRED, MLS# 11974151
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 805 Wester Boulevard built and last sold?
The property at 805 Wester Boulevard was built in and last sold on Jul 12, 2005 for $282,000.
How much is this home worth?
The estimated value of the home located at 805 Wester Boulevard is $0.
What are some comparable homes to 805 Wester Boulevard?
There are currently no comparable homes to 805 Wester Boulevard.
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