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Springfield 62702 Enos Park
1132 N 3RD Street
Photo of 1132 N 3RD Street

2

Map

Photo of 1132 N 3RD Street
$8,000
● Land - For Sale

1132 N 3RD Street

Springfield, IL 62702
bedrooms
Studio
bathrooms
0 Bath
$65
Est. Monthly

About This Property

Explore the possibilities with this buildable land property located in Springfield, IL. Situated in a convenient location, this parcel offers ample potential for development or investment. With easy access to local amenities and major routes, seize the opportunity to create something special in this area. Don't miss out on this chance to score this deal that wont last long.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$25
HOA Dues
-
Year Built
-

Listed By

Misael Chacon
Beycome Brokerage Realty LLC

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

Exterior Details
Lot Size Dimensions: 65x128x65x129
Financial Details
Tax Annual Amount: $301

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: 8,342
  • 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
  • Subdivision: RAFTERS SUB
  • Land Acres: 0000000191
  • Standard Land Use Code: 1999
  • County Land Use Code: 40
  • Legal Description 1: L27 & S 25' L28 RAFTERS SUB L1 ASSRS SUB PT W1/2 27 PT E1/2 28-16-5

Neighborhood

  • School District Name: Springfield School District 186
  • Census Tract: 000400

Geography

  • Account Number: 14270103014 (CHECK DIGIT = 0)
  • District: 01
  • Parcel: 14-27.0-103-014
  • Municipality: CAPITAL
  • Latitude: 39.8149
  • Longitude: -89.6515

    Address

  • Full Address: 1132 N 3rd St
  • Address - House Number: 1132
  • Street Direction: N
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Springfield
  • Carrier Code: C027
  • 4-Digit Zip Code: 8215
  • Zip Code: 62702

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $46,956
  • Tax Rate Code Area: 093

    Appraisal Valuation

  • Standard Deviation: 0.1765
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 77
  • Final Value: 20,374
  • High Value: 23,971
  • Low Value: 16,778

    Market Valuation

  • Market Total Value: $15,720
  • Market Land Value: $9,699
  • Market Improvement Value: $6,021

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $5,240
  • Assessed Land Value: $3,233
  • Assessed Improvements Value: $2,007

    Sales

  • Current Sale Contract Date: Jun 16, 2015
  • Current Sale Recording Date: Jun 29, 2015
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 13, 2007
  • Previous Sale Contract Date: Jul 10, 2007
  • Previous Sale Document Type: 27
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 Enos Park

Stats & Trends

Median Asking:

$45,450

Sale Price/ft²

$24

Below Asking

0.06%

Average Days on Market

83

Average Home Size

1600 ft²

Average Home Age

106 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: Misael Chacon, Beycome Brokerage Realty LLC
Data Source: MRED, MLS# MRDQC4258568
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 1132 North 3rd Street built and last sold?
The property at 1132 North 3rd Street was built in and last sold on Jun 16, 2015 for $0.
How much is this home worth?
The estimated value of the home located at 1132 North 3rd Street is $8,080.
What are some comparable homes to 1132 North 3rd Street?
There are currently no comparable homes to 1132 North 3rd Street.
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