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Whiteside 61270
16731 Hillside Road
$160,000
● House - Off Market

16731 Hillside Road

MORRISON, IL 61270
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,560 Ft²
$239,776
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Original list price reflects opening bid. Beautiful 6.2 acre farmette, 3 bedroom, plus office, 2 1/2 bath, front and back porch. Hardwood floors throughout. Gutted to studs, all new interior electrical, plumbing and drywall.  Large 30x25 2 car garage. Plus 4 Outbuildings, 60x90 cattle barn, 30x50 corn crib, 42x75 machine shed, and 30x48 corn crib.  Sealed Bid Auction, bids due no later than May 12th. All offers will be presented, considered and could be accepted before or up to auction date.  1% non refundable deposit due at acceptance of winning offer.  Bidder packet includes; auction terms, bidder registration, plat of survey, Title search, disclosures and home inspection. Not a short  sale or Foreclosure.
Unit Size
1,560 Ft²
Days on Market
-
Land Size
6.20 acres
Price per sqft
$96
Property Type
House
Property Taxes
$311
HOA Dues
-
Year Built
-

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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.

Last updated: 3 years ago (MRED MLS #09584417)

Price History

Date / Event Date Event Price
Jul 5, 2017 Sold
Premium
Sold
Apr 4, 2017 Listed by RGM Real Estate Co. $150,000
Listed by RGM Real Estate Co.

Property Highlights

Air Conditioning

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: 270,072
  • 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: 0000006200
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: PT NE SEC 9 TWP 21 RNG 4

Neighborhood

  • School District Name: Morrison Community Unit School District 6
  • Census Tract: 000400

Geography

  • Account Number: 90209
  • District: 07
  • Parcel: 0809200003
  • Meridian: SEC 09 TWN 21N RNG 04E
  • Municipality: UNION GROVE
  • Latitude: 41.826
  • Longitude: -90.037

    Address

  • Full Address: 16731 Hillside Rd
  • Address - House Number: 16731
  • Address - Street Name: Hillside
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Morrison
  • Carrier Code: R001
  • 4-Digit Zip Code: 9118
  • Zip Code: 61270

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $423,426
  • Tax Rate Code Area: 00710

    Appraisal Valuation

  • Standard Deviation: 0.2588
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 63
  • Final Value: 214,396
  • High Value: 269,891
  • Low Value: 158,901

    Market Valuation

  • Market Total Value: $185,811
  • Market Land Value: $39,780
  • Market Improvement Value: $146,031

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,937
  • Assessed Land Value: $13,260
  • Assessed Improvements Value: $48,677

    Sales

  • Current Sale Contract Date: Jul 03, 2017
  • Current Sale Recording Date: Jul 05, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017-03822
  • Previous Sale Recording Date: Aug 10, 2005
  • Previous Sale Contract Date: Aug 02, 2005
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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 Whiteside

Stats & Trends

Median Asking:

$152,900

Sale Price/ft²

$111

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1672 ft²

Average Home Age

78.6 years

Currently For Sale

124 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: , RGM Real Estate Co.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09584417
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 16731 Hillside Road built and last sold?
The property at 16731 Hillside Road was built in and last sold on Jul 3, 2017 for $160,000.
How much is this home worth?
The estimated value of the home located at 16731 Hillside Road is $152,817.
What are some comparable homes to 16731 Hillside Road?
There are currently no comparable homes to 16731 Hillside Road.
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