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Longview 61852
104 Sherman Street
$13,000
● House - Off Market

104 Sherman Street

Longview, IL 61852
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,700 Ft²
$75
Est. Monthly
119.96%
Cap Rate

About This Property

Perfect project home! 3 bedroom 1 bath home. Needs some TLC. Perks of the property include a large grassy yard that already has a fence in place.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
-
Price per sqft
$9
Property Type
House
Property Taxes
$1
HOA Dues
-
Year Built
1911

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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 #12156299)

Price History

Date / Event Date Event Price
Nov 15, 2024 Sold
Premium
Sold
Sep 5, 2024 Listed by Hillard Agency- Tuscola $15,000
Listed by Hillard Agency- Tuscola

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 17
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 8
  • Basement Area: 904
  • Garage Type: 7
  • Garage Square Area: 432
  • Parking Space Count: 2
  • Patio Type: 94
  • Porch Type: 81
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,197
  • Total Building Area: 1,808
  • Gross Building Area: 1,916
  • Building Area: 904
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 904
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRAIRIE VIEW - ORIGINAL TOWN
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOTS 5, 6 BLOCK 1 PRAIRIE VIEW - ORIGINAL TOWN

Neighborhood

  • School District Name: Heritage Community Unit School District 8
  • School Tax School District: 101
  • Census Tract: 010800

Geography

  • District: 21
  • Parcel: 21-34-34-306-017
  • Block: 1
  • Lot: 5,6
  • Meridian: SEC 34 TWN 17N RNG 10E
  • Municipality: RAYMOND
  • Latitude: 39.8856
  • Longitude: -88.0642

    Address

  • Full Address: 104 Sherman St
  • Address - House Number: 104
  • Address - Street Name: Sherman
  • Address - Suffix Type: St
  • State: IL
  • City Name: Longview
  • Zip Code: 61852

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $600
  • Tax Rate Code Area: 2102

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 57,695
  • High Value: 69,650
  • Low Value: 45,741

    Market Valuation

  • Market Total Value: $45,660
  • Market Land Value: $9,510
  • Market Improvement Value: $36,150

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,220
  • Assessed Land Value: $3,170
  • Assessed Improvements Value: $12,050

    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 Longview

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 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: Cathy Means, Hillard Agency- Tuscola
Last Updated: 2 years ago
Data Source: MRED, MLS# 12156299
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 104 Sherman Street built and last sold?
The property at 104 Sherman Street was built in 1911 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 104 Sherman Street is $15,150.
What are some comparable homes to 104 Sherman Street?
There are currently no comparable homes to 104 Sherman Street.
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