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Bourbonnais 60914
871 Robert Drive
$225,000
● House - Off Market

871 Robert Drive

Bourbonnais, IL 60914
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,200 Ft²
$1,453
Est. Monthly
10.22%
Cap Rate

About This Property

UPDATED & IMMACULATE three bedroom, 1.5 bath ranch in desirable Northfield! This adorable home is all set for both comfortable living & relaxed entertaining: You have a bright living room with an AWESOME fireplace, and a showcase of a kitchen - with stainless steel appliances, loads of counter space & gorgeous paneled cabinetry. [BONUS: Nest thermostat; Ring doorbell.] The outdoor space is a treat: There is a tidy lawn in front, and a big fenced backyard - with new brick paver patio - perfect for winter games & summer fun. Excellent location, too - right across from the park, plus super convenient to town & commuter access points. A GREAT place to call home - and move in ready - come and see!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$196
Property Type
House
Property Taxes
$299
HOA Dues
-
Year Built
-

Payment Calculator

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

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: 9,624
  • 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: NORTHFIELD SUB
  • Land Acres: 0000000220
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: NORTHFIELD SUB 2ND ADDN LOT 37 17-31-12E

Neighborhood

  • School District Name: Bourbonnais School District 53
  • Census Tract: 010602

Geography

  • District: 17
  • Parcel: 17-09-17-406-015
  • Lot: 37
  • Municipality: BOURBONNAIS
  • Latitude: 41.1676
  • Longitude: -87.8634

    Address

  • Full Address: 871 Robert Dr
  • Address - House Number: 871
  • Address - Street Name: Robert
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bourbonnais
  • Carrier Code: C002
  • 4-Digit Zip Code: 1319
  • Zip Code: 60914

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $358,948
  • Tax Rate Code Area: 17027

    Appraisal Valuation

  • Standard Deviation: 0.2056
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 202,015
  • High Value: 243,622
  • Low Value: 160,408

    Market Valuation

  • Market Total Value: $149,004
  • Market Land Value: $18,228
  • Market Improvement Value: $130,776

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,668
  • Assessed Land Value: $6,076
  • Assessed Improvements Value: $43,592

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 25, 2019
  • Current Sale Recording Date: Jun 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6655
  • Previous Sale Recording Date: Sep 27, 2017
  • Previous Sale Amount: $125,000
  • 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 Bourbonnais

Stats & Trends

Median Asking:

$298,250

Sale Price/ft²

$173

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1848 ft²

Average Home Age

28.7 years

Currently For Sale

43 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

Unit for rent at 495 W River Street, Bourbonnais, IL, 60914

$2,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,715 ft²
495 W River Street, Bourbonnais, IL, 60914 Listing by Kim Van Ordstrand

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Susan Fisher, Coldwell Banker Realty
Data Source: MRED, MLS# MRD12274759
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 871 Robert Drive built and last sold?
The property at 871 Robert Drive was built in and last sold on Jun 25, 2019 for $153,000.
How much is this home worth?
The estimated value of the home located at 871 Robert Drive is $228,041.
What are some comparable homes to 871 Robert Drive?
There are currently no comparable homes to 871 Robert Drive.
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