1609 N Illinois St Wichita, KS 67203

3 beds · 1 bath · 1,458 sq ft · Lot Size: 8,712 sq ft · Single Family Home · Northwest Big River
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1609 N Illinois St is in the Northwest Big River neighborhood of Wichita, KS. It is located in Sedgwick County and ZIP code 67203. This Single Family Home was built in 1960 and is approximately 65 years old. The single family home spans 1458 sq ft with 3 bedrooms and 1 bathroom and sits on a 8712 sq ft lot. The Northwest Big River area of Wichita has 645 residential homes. Analyze and compare real estate investment strategies for properties like this home at 1609 N Illinois St Wichita, KS 67203 with Property Intel by Whitepages.

Investment Potential for 1609 N Illinois St

The property has a current estimated value of $166,344, which is 7% below the neighborhood median. Projected long-term rental income is $26,400 annually ($2,200 per month) with a 87% occupancy rate.

Long-Term

Gross Rental
$26,400 per year($2,200 per month)
Net Operating Income
Cap Rate
Occupancy Rate
87%in 67203 zip code
 
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Owners & Occupancy for 1609 N Illinois St

This property is owned by Victor V Vaughan. Owner contact information includes 9 phone numbers and 5 email addresses.

Property Owners

Cell Phone(316) ***-****
Residence***********
Landline(316) 945-9811+ 3 more
Distance from Property**********
Email Address**************@aol.com

Property Ownership Information

Property Tax Amount$1,813 in 2023

Occupancy

Resident 1**************** age 81

Property Details for 1609 N Illinois St

Property Details

Property Sq Ft

Living Area

1,458 sq ft

Compare to Northwest Big River

Price Per Sq Ft

Living Area

$114 / sq ft

Compare to Northwest Big River

Lot Size Area

$19 / sq ft

Compare to Northwest Big River
Property condition, age, exterior, etc. for 1609 N Ill…
Longitude: -97.388804 Latitude: 37.713013 Parcel Number (APN): 131-12-0-32-04-014.00…
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Market Benchmarks

Compare data for 1609 N Illinois St in Sedgwick County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$166,344
$251,075
-$84,731 (-34%)
$370,879
-$86,474 (-23%)
YoY Price Change
2.1%
-205%
Year Built
1960
1965
-5 years
Living Space
1,458 sq ft
1,508 sq ft
-50 (-3%)
$ Per Living Sq Ft
$114
$160
-$46 (-29%)
Lot Size
8,712 sq ft
10,764 sq ft
-2052 (-19%)
$ Per Lot Sq Ft
$19
$25
-$6 (-23%)

Net Operating Income
$15,114
$4,715 (31%)
Annual Revenue
$26,400
$21,600
$4,800 (22%)
$6,295
$276 (4%)
Net Operating Income
$15,114
$4,715 (31%)
Cap Rate
5.8%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians