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McLean 61705
8170 N 2000 East Road E
$143,000
● House - Off Market

8170 N 2000 East Road E

Downs, IL 61736
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,067 Ft²
$129,383
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

This 3 bed 1 bath ranch in Downs has been completely updated and is waiting for its new owner! Located on the edge of town in the desirable Tri-Valley school district, 8170 N 2000 East Rd has seen many recent updates/upgrades including all new vinyl plank flooring, new paint, new carpet, and exterior landscaping and upgrades. One level living awaits. Do not wait to own this one as it is sure to go fast!
Unit Size
1,067 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$120
Property Type
House
Property Taxes
$249
HOA Dues
-
Year Built
1964

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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.

Last updated: 3 years ago (MRED MLS #11371523)

Price History

Date / Event Date Event Price
Jun 3, 2022 Sold
Premium
Sold
Apr 11, 2022 Listed by RE/MAX Rising $127,900
Listed by RE/MAX Rising

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DAVISONS HOMESITE SUB
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: JOHN B. DAVISONS HOMESITE SUB- PART S 1/2 S 1/2 SE 32-23-3E LOT 1

Neighborhood

  • School District Name: Tri-Valley Community Unit School District 3
  • Census Tract: 005401

Geography

  • District: 24
  • Parcel: 22-32-476-004
  • Lot: 1
  • Meridian: SEC 32 TWN 23N RNG 03E
  • Municipality: OLD TOWN
  • Latitude: 40.4015
  • Longitude: -88.8822

    Address

  • Full Address: 8170 N 2000 East Rd
  • Address - House Number: 8170
  • Street Direction: N
  • Address - Street Name: 2000 East
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Downs
  • Carrier Code: R003
  • 4-Digit Zip Code: 9509
  • Zip Code: 61736

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $330,798
  • Tax Rate Code Area: 2403

    Appraisal Valuation

  • Standard Deviation: 0.2297
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 68
  • Final Value: 168,062
  • High Value: 206,666
  • Low Value: 129,457

    Market Valuation

  • Market Total Value: $119,040
  • Market Land Value: $17,157
  • Market Improvement Value: $101,883

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,680
  • Assessed Land Value: $5,719
  • Assessed Improvements Value: $33,961

    Sales

  • Current Sale Contract Date: Jun 02, 2022
  • Current Sale Recording Date: Jun 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10666
  • Previous Sale Recording Date: Jun 14, 2013
  • Previous Sale Contract Date: Jun 03, 2013
  • Previous Sale Amount: $99,000
  • Previous Sale Document Type: 71
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 McLean

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$121

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2407 ft²

Average Home Age

56.1 years

Currently For Sale

213 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: Ryan Kendrick, RE/MAX Rising
Last Updated: 3 years ago
Data Source: MRED, MLS# 11371523
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 8170 North 2000 East Road built and last sold?
The property at 8170 North 2000 East Road was built in 1964 and last sold on Jun 2, 2022 for $143,000.
How much is this home worth?
The estimated value of the home located at 8170 North 2000 East Road is $0.
What are some comparable homes to 8170 North 2000 East Road?
There are currently no comparable homes to 8170 North 2000 East Road.
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