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Ogle 61020
14747 E Eddy Road
$55,000
● Land - Off Market

14747 E Eddy Road

DAVIS JUNCTION, IL 61020
bedrooms
Studio
bathrooms
0 Bath
$134,737
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

Property is zoned AG-1 6.73 acres. Buyer responsible to verify all land requirements to build on. Large medal outbuilding included. Property sold AS-IS. Seller has never lived on the property no disclosures.
Unit Size
-
Days on Market
-
Land Size
6.73 acres
Price per sqft
-
Property Type
Land
Property Taxes
$161
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 #09302503)

Price History

Date / Event Date Event Price
Oct 6, 2016 Sold
Premium
Sold
Jul 31, 2016 Listed by Century 21 Affiliated $79,900
Listed by Century 21 Affiliated

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: 293,159
  • Lot Size Depth Feet: 12,310
  • Lot Size Frontage Feet: 2,218
  • 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
  • Land Acres: 0000006730
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: RNG/BLK:1 TWP:42 SECT/LOT:24 E 221.8FT W 1109FT TR-E NW4 NE4

Neighborhood

  • School District Name: Meridian Community Unit School District 223
  • Census Tract: 961001

Geography

  • District: 22
  • Parcel: 11-24-200-005
  • Block: 1
  • Lot: 24
  • Meridian: SEC 24 TWN 42 RNG 01
  • Municipality: SCOTT
  • Latitude: 42.1069
  • Longitude: -89.0626

    Address

  • Full Address: 14747 E Eddy Rd
  • Address - House Number: 14747
  • Street Direction: E
  • Address - Street Name: Eddy
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Davis Junction
  • Carrier Code: R601
  • 4-Digit Zip Code: 9505
  • Zip Code: 61020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $249,876
  • Tax Rate Code Area: 2245

    Appraisal Valuation

  • Standard Deviation: 0.2486
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 64
  • Final Value: 131,831
  • High Value: 164,605
  • Low Value: 99,057

    Market Valuation

  • Market Total Value: $92,574
  • Market Land Value: $44,571
  • Market Improvement Value: $48,003

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,858
  • Assessed Land Value: $14,857
  • Assessed Improvements Value: $16,001

    Sales

  • Current Sale Contract Date: Oct 04, 2016
  • Current Sale Recording Date: Oct 27, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201606034
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 Ogle

Stats & Trends

Median Asking:

$229,900

Sale Price/ft²

$145

Above Asking

8.14%

Average Days on Market

49

Average Home Size

2063 ft²

Average Home Age

62.6 years

Currently For Sale

99 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: Steven Niemczyk, Century 21 Affiliated
Last Updated: 3 years ago
Data Source: MRED, MLS# 09302503
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 14747 East Eddy Road built and last sold?
The property at 14747 East Eddy Road was built in and last sold on Oct 4, 2016 for $55,000.
How much is this home worth?
The estimated value of the home located at 14747 East Eddy Road is $0.
What are some comparable homes to 14747 East Eddy Road?
There are currently no comparable homes to 14747 East Eddy Road.
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