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$185,000
● Land - Off Market

0 E 8th Road

Utica, IL
bedrooms
Studio
bathrooms
0 Bath
$1,179
Est. Monthly

About This Property

20 acres+/-, comprised of a 6 acre parcel along Highway 178 and adjoining parcel with 14 acres+/- just east. Clark's Run runs through property. All timber, good potential recreational use for hunting deer, turkeys, small game. Possible home site with your own nature preserve. Additional Parcel #19-09-137-000.
Unit Size
-
Days on Market
-
Land Size
20.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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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: 2 years ago (MRED MLS #12117521)

Price History

Date / Event Date Event Price
Nov 25, 2024 Sold
Premium
Sold
Oct 30, 2024 In contract -
In contract
Jul 22, 2024 Listed by Coldwell Banker Today's, Realtors $240,000
Listed by Coldwell Banker Today's, Realtors

Property Highlights

Exterior Details
Ownership: Fee Simple
Parcel Number: 1909136000
Property Type: Land
Special Conditions: None
Lot Size: 10.0-24.99 Acres
Lot Size Acres: 20
Lot Size Dimensions: 20 ACRES
Financial Details
Tax Year: 2023
Tax Exemptions: None
Location Details
Township: Utica
Corporate Limits: Unincorporated
Directions: Route 6, south on Highway 178, property on east side of highway
County or Parish: LaSalle
Elementary School District: 185
Elementary School: Waltham Elementary School
Middle Or Junior School District: 185
Middle Or Junior School: Waltham Elementary School
High School District: 120
High School: La Salle-Peru Twp High School
Other Details
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged (Y/N): No

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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MRED

Listed by: Robert Huber, Coldwell Banker Today's, Realtors
Last Updated: 2 years ago
Data Source: MRED, MLS# 12117521
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.
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