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Machesney Park 61115
913 Candy Lane
$120,000
● House - Off Market

913 Candy Lane

Machesney Park, IL 61115
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,462 Ft²
$964
Est. Monthly

About This Property

Large 3 bedroom, 2 bath ranch home in an established neighborhood on a large, 1/3 acre lot with deck and shed. Bring your ideas to turn this into your dream home. Large unfinished basement and oversized 2 car garage perfect for the hobbyist or for extra storage. Well appointed bedrooms wired for ceiling fan/overhead lighting. Two bathrooms for convenience, one with tub and one with a stand up shower. Prime location in Machesney Park with schools, shopping and dining all nearby.     *Buyer uses Premium Title Services, the seller's preferred title partner and closing agent.
Unit Size
1,462 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$89
Property Type
House
Property Taxes
$325
HOA Dues
-
Year Built
1978

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Cap Rate Calculator

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 6
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,462
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,781
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 1,464
  • Gross Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 1,464
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAT 16 OF RALSTON PARK ESTATE
  • Land Acres: 0000000339
  • Standard Land Use Code: 1001
  • County Land Use Code: 31
  • Legal Description 1: PLAT 16 OF RALSTON PARK ESTATES BNG SUB PT SE 1/4 SEC 18-45-2 LOT 380

Neighborhood

  • School District Name: Harlem Unit School District 122
  • Census Tract: 003805

Geography

  • Account Number: 126D580
  • Parcel: 08-18-426-023
  • Lot: 380
  • Meridian: SEC 18 TWN 45 RANGE 2
  • Municipality: HARLEM
  • Latitude: 42.3755
  • Longitude: -89.0414

    Address

  • Full Address: 913 Candy Ln
  • Address - House Number: 913
  • Address - Street Name: Candy
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Machesney Park
  • Carrier Code: C016
  • 4-Digit Zip Code: 1337
  • Zip Code: 61115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $383,544
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 137

    Appraisal Valuation

  • Standard Deviation: 0.234
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 214,084
  • High Value: 264,184
  • Low Value: 163,984

    Market Valuation

  • Market Total Value: $154,302
  • Market Land Value: $18,297
  • Market Improvement Value: $136,005

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,434
  • Assessed Land Value: $6,099
  • Assessed Improvements Value: $45,335

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 12, 2014
  • Current Sale Recording Date: Dec 12, 2014
  • Current Sale Document Type: 36
  • Previous Sale Recording Date: Oct 28, 2010
  • Previous Sale Contract Date: Oct 28, 2010
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Machesney Park

Stats & Trends

Median Asking:

$215,000

Sale Price/ft²

$157

Below Asking

0.01%

Average Days on Market

37

Average Home Size

1641 ft²

Average Home Age

49.4 years

Currently For Sale

25 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: Dawn Zurick, Vylla Home
Data Source: MRED, MLS# MRD12388658
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 913 Candy Lane built and last sold?
The property at 913 Candy Lane was built in 1978 and last sold on Dec 12, 2014 for $0.
How much is this home worth?
The estimated value of the home located at 913 Candy Lane is $136,964.
What are some comparable homes to 913 Candy Lane?
There are currently no comparable homes to 913 Candy Lane.
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