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Hammond 61929
1 S Bolin Drive
$167,500
● House - Off Market

1 S Bolin Drive

Hammond, IL 61929
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,542 Ft²
$994
Est. Monthly

About This Property

Rare opportunity in Hammond! This beautiful 3-bedroom, 1-bath home features a versatile heated garage with oversized doors-perfect for a semi-truck, or a 6+ car collection, or a home-based business. Inside, enjoy an updated kitchen and bath, gorgeous wood laminate flooring, and a cozy living room with a gas fireplace. Work from home in the private small office and relax year-round in the bright 4-season room. A perfect blend of comfortable living and professional-grade workspace! Generator also included.  Garage plumbed for bathroom.
Unit Size
1,542 Ft²
Days on Market
-
Land Size
-
Price per sqft
$109
Property Type
House
Property Taxes
$171
HOA Dues
-
Year Built
-

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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: 20,400
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 1,200
  • 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
  • Land Acres: 0000000468
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: BOLINS SECOND S 120' OF W 171' OF LOT B 82 36 2 30

Neighborhood

  • School District Name: Arthur Community Unit School District 305
  • Census Tract: 954700

Geography

  • District: 07
  • Parcel: 07-00-35-000-258-00
  • Lot: B
  • Municipality: UNITY TOWNSHIP
  • Latitude: 39.7996
  • Longitude: -88.5941

    Address

  • Full Address: 1 S Bolin Dr
  • Address - House Number: 1
  • Street Direction: S
  • Address - Street Name: Bolin
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hammond
  • Carrier Code: R021
  • 4-Digit Zip Code: 7106
  • Zip Code: 61929

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $119,302
  • Tax Rate Code Area: 07048

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: May 31, 2023
  • Confidence Score: 76
  • Final Value: 108,066
  • High Value: 127,436
  • Low Value: 88,697

    Market Valuation

  • Market Total Value: $83,868
  • Market Land Value: $10,056
  • Market Improvement Value: $73,812

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,956
  • Assessed Land Value: $3,352
  • Assessed Improvements Value: $24,604

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Hammond

Stats & Trends

Median Asking:

$119,900

Sale Price/ft²

$76

Above Asking

0.00%

Average Days on Market

48

Average Home Size

2185 ft²

Average Home Age

58 years

Currently For Sale

1 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: Elizabeth Young, KELLER WILLIAMS-TREC
Data Source: MRED, MLS# MRD12568192
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 1 South Bolin Drive built and last sold?
The property at 1 South Bolin Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1 South Bolin Drive is $0.
What are some comparable homes to 1 South Bolin Drive?
There are currently no comparable homes to 1 South Bolin Drive.
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