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Putnam 61327
10580 IL Highway 26
$100,000
● House - Off Market

10580 IL Highway 26

HENNEPIN, IL 61327
bedrooms
Studio
bathrooms
0 Bath
$252,204
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Established Bar & Grill business in great location includes land & building, business fixtures and inventory, video gaming, large parking lot on busy corner lot.  Everything is ready to go, turn key operation.  Tremendous potential in Illinois River town.
Unit Size
-
Days on Market
-
Land Size
0.56 acres
Price per sqft
-
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
-

Payment Calculator

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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.

Last updated: 2 years ago (MRED MLS #09296374)

Price History

Date / Event Date Event Price
Dec 7, 2016 Sold
Premium
Sold
Jul 25, 2016 Listed by Gonet Realty $149,900
Listed by Gonet Realty

Property Highlights

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: 24,394
  • 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: E
  • Land Acres: 0000000560
  • Standard Land Use Code: 9000
  • County Land Use Code: 0090
  • Legal Description 1: S9 T32 R2 .56AC (C) S PT E1/2 NE1/4 E1/2 NE1/4

Neighborhood

  • School District Name: Putnam County Community Unit School District 535
  • Census Tract: 954600

Geography

  • District: 1
  • Parcel: 01-10-231-000
  • Meridian: SEC 09 TWN 32 RNG 02
  • Municipality: HENNEPIN
  • Latitude: 41.2575
  • Longitude: -89.3403

    Address

  • Full Address: 10580 Il Highway 26
  • Address - House Number: 10580
  • Address - Street Name: Il Highway 26
  • State: IL
  • City Name: Hennepin
  • Carrier Code: R003
  • 4-Digit Zip Code: 5064
  • Zip Code: 61327

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 01003

    Market Valuation

  • Market Total Value: $99,999
  • Market Land Value: $23,211
  • Market Improvement Value: $76,788

    Assessments Valuation

  • Assessed Year: 2022
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 Putnam

Stats & Trends

Median Asking:

$204,900

Sale Price/ft²

$144

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1433 ft²

Average Home Age

38.5 years

Currently For Sale

16 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: Michael Gonet, Gonet Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 09296374
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 10580 Illinois 26 built and last sold?
The property at 10580 Illinois 26 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 10580 Illinois 26 is $0.
What are some comparable homes to 10580 Illinois 26?
There are currently no comparable homes to 10580 Illinois 26.
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