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Will 60442
12955 W Smith Road
Photo of 12955 W Smith Road
Sold on Aug 10, 2026

1

Map

$900,000
● House - Off Market

12955 W Smith Road

Manhattan, IL 60442
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,100 Ft²
$5,412
Est. Monthly

About This Property

SOLD BEFORE PROCESSING. 18 acre parcel featuring 3 bed, 2.5 bath home, shop, 3 car garage, sheds, stocked pond and grass airstrip. 9.41 parcel of farmland.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
28.00 acres
Price per sqft
$429
Property Type
House
Property Taxes
$992
HOA Dues
-
Year Built
1990

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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.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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 Count: 100
  • 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: 812,394
  • Total Building Area: 2,100
  • Building Area: 2,100
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,100
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000018650
  • Standard Land Use Code: 1008
  • County Land Use Code: 0011
  • Legal Description 1: THE W 331 FT OF THE E1/2 OF THE NE FRAC'L 1/4 OF SEC 14, LYING N OF THE INDIAN BOUNDARY LN ALSO BEG AT THE NW CORNER OF THE

Neighborhood

  • School District Name: Manhattan School District 114
  • Census Tract: 883510

Geography

  • Parcel: 14-12-14-200-015
  • Municipality: MANHATTAN
  • Latitude: 41.4332
  • Longitude: -87.9288

    Address

  • Full Address: 12955 W Smith Rd
  • Address - House Number: 12955
  • Street Direction: W
  • Address - Street Name: Smith
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Manhattan
  • Carrier Code: R006
  • 4-Digit Zip Code: 9435
  • Zip Code: 60442

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $965,870
  • Tax Rate Code Area: 1402

    Market Valuation

  • Market Total Value: $337,770
  • Market Land Value: $100,620
  • Market Improvement Value: $237,150

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $114,999
  • Assessed Land Value: $34,599
  • Assessed Improvements Value: $80,400

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 1999
  • Current Sale Recording Date: Jun 02, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 51
  • Current Sale Input Document Number: R1999069185
  • Previous Sale Recording Date: Jan 30, 1997
  • Previous Sale Contract Date: Jan 15, 1997
  • Previous Sale Amount: $87,000
  • Previous Sale Document Type: 71
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 Will

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2355 ft²

Average Home Age

31.1 years

Currently For Sale

1496 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: Patricia Marchert, Keller Williams Infinity
Data Source: MRED, MLS# MRD12711804
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 12955 West Smith Road built and last sold?
The property at 12955 West Smith Road was built in 1990 and last sold on Jun 1, 1999 for $320,000.
How much is this home worth?
The estimated value of the home located at 12955 West Smith Road is $885,893.
What are some comparable homes to 12955 West Smith Road?
There are currently no comparable homes to 12955 West Smith Road.
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