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Kendall 60541
13650 Anderson Road
$465,000
● House - Off Market

13650 Anderson Road

Newark, IL 60541
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$455,216
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Ten beautiful acres with many mature trees, a spring fed pond, brick ranch style home with a walk out basement. Attached 2 car (heated and a/c) garage, Plus 30x45 barn with electric. Hot water heat, central air, a wood burner for affordable heat if desired. Two woodburning fireplaces in living and family room.  Full house generator and new electric box 2018, all appliances remain. Zoned agricultural reasonable taxes. Currently farming 4 acres for additional income. 10x14 smoke house with heat/ac and electric well 169 feet, private septic. This home is surrounded by many incredible views.!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
10.16 acres
Price per sqft
$250
Property Type
House
Property Taxes
$410
HOA Dues
-
Year Built
-

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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: 3 years ago (MRED MLS #11386598)

Price History

Date / Event Date Event Price
Jun 15, 2022 Sold
Premium
Sold
Apr 27, 2022 Listed by RE/MAX Top Properties $450,000
Listed by RE/MAX Top Properties

Property Highlights

Garage
Air Conditioning
Fireplace

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: 443,005
  • 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: BIG GROVE
  • Land Acres: 0000010170
  • Standard Land Use Code: 1000
  • County Land Use Code: 0011
  • Legal Description 1: SEC. 10-35-6

Neighborhood

  • School District Name: Newark Community High School District 18
  • Census Tract: 890703

Geography

  • Parcel: 07-10-300-004
  • Lot: 42,50
  • Meridian: SEC 10 TWN 35N RNG 06E
  • Municipality: BIG GROVE TOWNSHIP
  • Latitude: 41.521
  • Longitude: -88.5386

    Address

  • Full Address: 13650 Anderson Rd
  • Address - House Number: 13650
  • Address - Street Name: Anderson
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Newark
  • Carrier Code: R002
  • 4-Digit Zip Code: 9410
  • Zip Code: 60541

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $525,376
  • Tax Rate Code Area: BG001

    Appraisal Valuation

  • Standard Deviation: 0.1517
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 382,689
  • High Value: 440,775
  • Low Value: 324,603

    Market Valuation

  • Market Total Value: $243,336
  • Market Land Value: $85,434
  • Market Improvement Value: $157,902

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $81,112
  • Assessed Land Value: $28,478
  • Assessed Improvements Value: $52,634

    Sales

  • Current Sale Contract Date: Jun 08, 2022
  • Current Sale Recording Date: Jun 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10461
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 Kendall

Stats & Trends

Median Asking:

$410,000

Sale Price/ft²

$203

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2291 ft²

Average Home Age

17.5 years

Currently For Sale

424 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: Vicki Geiger, RE/MAX Top Properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11386598
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 13650 Anderson Road built and last sold?
The property at 13650 Anderson Road was built in and last sold on Jun 8, 2022 for $465,000.
How much is this home worth?
The estimated value of the home located at 13650 Anderson Road is $0.
What are some comparable homes to 13650 Anderson Road?
There are currently no comparable homes to 13650 Anderson Road.
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