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Minier 61759
109 S Eastern Avenue
$15,000
● Land - Off Market

109 S Eastern Avenue

Minier, IL 61759
bedrooms
Studio
bathrooms
0 Bath
$129
Est. Monthly

About This Property

This shaded lot on the east side of Minier offers the ideal setting for your new home. Enjoy peaceful views to the east and a quiet neighborhood atmosphere. Conveniently located just one block from the elementary school and local park, this lot combines small-town charm with everyday convenience. Don't miss this opportunity to create the home you've always wanted in a great community!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$35
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.

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: 10,650
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 750
  • 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: V
  • Subdivision: ORIGINAL TOWN
  • Land Acres: 0000000245
  • Standard Land Use Code: 8001
  • County Land Use Code: 500
  • Legal Description 1: SEC 22 T23N R2W ORIGINAL TOWN LOT 14 & N 1/2 LOT 13 SE 1/4

Neighborhood

  • School District Name: Olympia Community Unit School District 16
  • Census Tract: 022000

Geography

  • District: 190
  • Section: 22
  • Parcel: 19-19-22-406-006
  • Block: 406
  • Lot: 14,13
  • Meridian: SEC 22 TWN 23N RNG 02W
  • Municipality: LITTLE MACKINAW
  • Latitude: 40.4331
  • Longitude: -89.3097

    Address

  • Full Address: 109 S Eastern Ave
  • Address - House Number: 109
  • Street Direction: S
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Minier
  • Carrier Code: R777
  • 4-Digit Zip Code: 7574
  • Zip Code: 61759

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $35,208
  • Tax Rate Code Area: 19002

    Market Valuation

  • Market Total Value: $12,600
  • Market Land Value: $12,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,200
  • Assessed Land Value: $4,200

    Sales

  • Current Sale Contract Date: Sep 29, 2006
  • Current Sale Recording Date: Oct 12, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 200600023656
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 Minier

Stats & Trends

Median Asking:

$215,000

Sale Price/ft²

$102

Below Asking

0.02%

Average Days on Market

47

Average Home Size

1567 ft²

Average Home Age

122 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

Unit for rent at 207 Stringtown Rd, IL, 61759

$1,036 /mo

  • 1 Bed
  • 1 Bath
207 Stringtown Rd, IL, 61759 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Carrie Downey, RE/MAX Rising
Data Source: MRED, MLS# MRD12572845
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 109 South Eastern Avenue built and last sold?
The property at 109 South Eastern Avenue was built in and last sold on Sep 29, 2006 for $13,000.
How much is this home worth?
The estimated value of the home located at 109 South Eastern Avenue is $19,190.
What are some comparable homes to 109 South Eastern Avenue?
There are currently no comparable homes to 109 South Eastern Avenue.
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