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Kendall 60541
14250 County Line Road
$37,900
● Land - Off Market

14250 County Line Road

Newark, IL 60541
bedrooms
Studio
bathrooms
0 Bath
$35,406
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

3 Acres zoned Agricultural. Small creek running thru the back of the property. This parcel can be used for recreational use or to build a shed to store and work on your projects. Farm animals are permitted. Close to town but far enough out to get away and relax.   NO RESIDENTIAL BUILDING PERMIT IS AVAILABLE. This parcel may be combined with the Build-Able 3 acres next door. Or 2 more parcels with building rights are for sale .25 miles South on County Line Rd. Call Listing agent for more information.  No county inspections for agricultural related structures built on this property.
Unit Size
-
Days on Market
-
Land Size
3.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$15
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 #11354396)

Price History

Date / Event Date Event Price
Jun 24, 2022 Sold
Premium
Sold
Mar 22, 2022 Listed by Marquette Properties, Inc $35,000
Listed by Marquette Properties, Inc

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: 217,800
  • Lot Size Depth Feet: 5,450
  • Lot Size Frontage Feet: 4,000
  • 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: A
  • Land Acres: 0000005000
  • Standard Land Use Code: 7001
  • County Land Use Code: 0021
  • Legal Description 1: SEC 18-35-6, BEG NW COR NW 1/4, S 400' E 544.64', N 400', W 544.64' TO POB.

Neighborhood

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

Geography

  • Parcel: 07-18-300-005
  • Meridian: SEC 18 TWN 35N RNG 06E
  • Municipality: BIG GROVE TOWNSHIP
  • Latitude: 41.5073
  • Longitude: -88.5967

    Address

  • Full Address: 14250 County Line Rd
  • Address - House Number: 14250
  • Address - Street Name: County Line
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Newark
  • Zip Code: 60541

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $20,874
  • Tax Rate Code Area: BG001

    Market Valuation

  • Market Total Value: $7,080
  • Market Land Value: $7,080

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $2,360
  • Assessed Land Value: $2,360

    Sales

  • Current Sale Contract Date: Jun 22, 2022
  • Current Sale Recording Date: Jul 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12237
  • Previous Sale Recording Date: May 26, 2022
  • Previous Sale Contract Date: Feb 25, 2022
  • Previous Sale Amount: $1,387,000
  • 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 Kendall

Stats & Trends

Median Asking:

$410,000

Sale Price/ft²

$202

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2287 ft²

Average Home Age

17.1 years

Currently For Sale

431 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: Mark Hansen, Marquette Properties, Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11354396
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 14250 County Line Road built and last sold?
The property at 14250 County Line Road was built in and last sold on Jun 22, 2022 for $38,000.
How much is this home worth?
The estimated value of the home located at 14250 County Line Road is $35,350.
What are some comparable homes to 14250 County Line Road?
There are currently no comparable homes to 14250 County Line Road.
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