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Aurora 60506 Blackberry Countryside
1480 Orchard Road N
$350,000
● House - Off Market

1480 Orchard Road N

Aurora, IL 60506
bedrooms
Studio
bathrooms
0 Bath
$480,349
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

This franchised Jimmy John's restaurant was opened in May 2005. It's current lease runs through April 30 2025. This location produces annual revenues that have ranged in the past several years from $1,089,000 to $905,000. Please click on "Additional Information" and then download the "Confidentiality Agreement".  Please sign, along with your client, and email back to listing broker. You will then receive detailed financial information pertaining to this newly listed business opportunity.
Unit Size
-
Days on Market
-
Land Size
1.15 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2004

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.

Last updated: 3 years ago (MRED MLS #10967424)

Price History

Date / Event Date Event Price
Apr 8, 2021 Sold
Premium
Sold
Jan 10, 2021 Listed by Brummel Properties, Inc. $395,000
Listed by Brummel Properties, Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • 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 Count: 100
  • Business/Commerical Units Count: 16
  • 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: 49,934
  • Total Building Area: 12,088
  • Gross Building Area: 12,088
  • Building Area: 12,088
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 12,088
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: ORCHARD ROAD SUB
  • Land Acres: 0000001146
  • Standard Land Use Code: 2000
  • County Land Use Code: 0060
  • State Land Use Code: 0060
  • Legal Description 1: RESUB OF LOTS 5 & 6 IN ORCHARD ROAD SUB LOT 5A

Neighborhood

  • School District Name: Aurora West Unit School District 129
  • Census Tract: 854509

Geography

  • Parcel: 14-12-428-008
  • Lot: 6,5A
  • Municipality: SUGAR GROVE
  • Latitude: 41.7861
  • Longitude: -88.3763

    Address

  • Full Address: 1480 N Orchard Rd
  • Address - House Number: 1480
  • Street Direction: N
  • Address - Street Name: Orchard
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Aurora
  • Carrier Code: C047
  • 4-Digit Zip Code: 7939
  • Zip Code: 60506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,435,620
  • Tax Rate Code Area: SG014

    Market Valuation

  • Market Total Value: $2,861,306
  • Market Land Value: $761,489
  • Market Improvement Value: $2,099,817

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $953,387
  • Assessed Land Value: $253,728
  • Assessed Improvements Value: $699,659

    Sales

  • Current Sale Contract Date: Jan 17, 2017
  • Current Sale Recording Date: Feb 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017K006733
  • Previous Sale Recording Date: Aug 21, 2006
  • Previous Sale Contract Date: Aug 15, 2006
  • Previous Sale Amount: $5,200,000
  • Previous Sale Document Type: 68
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 Blackberry Countryside

Stats & Trends

Median Asking:

$449,103

Sale Price/ft²

$206

Below Asking

0.02%

Average Days on Market

49

Average Home Size

2210 ft²

Average Home Age

29.3 years

Currently For Sale

8 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

Unit for rent at 2424 Courtyard Circle, Aurora, IL, 60506

$2,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,500 ft²
2424 Courtyard Circle #5, Aurora, IL, 60506 Listing by Marisela Ladron de Guevara

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: John Dunholter, Brummel Properties, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 10967424
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 1480 North Orchard Road built and last sold?
The property at 1480 North Orchard Road was built in 2004 and last sold on Jan 17, 2017 for $5,225,000.
How much is this home worth?
The estimated value of the home located at 1480 North Orchard Road is $398,950.
What are some comparable homes to 1480 North Orchard Road?
There are currently no comparable homes to 1480 North Orchard Road.
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