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Mount Morris 61054
1684 N Mt Morris Road
$250,000
● House - Off Market

1684 N Mt Morris Road

Mount Morris, IL 61054
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$1,544
Est. Monthly

About This Property

New on the Market! This charming 3 bedroom, 1 bath ranch farmette sits on 2.44 acres just south of Mt. Morris and offers the perfect blend of cozy living and endless possibilities! Featuring a cute and functional floorplan, a full basement, a center kitchen island, ample cupboards, and all kitchen appliances included, this home is move in ready. A newer steel roof adds peace of mind, while the huge barn/shop offers space for hobbies, a man cave, entertaining, or even extra income with additional storage areas. Horse paddocks and a barn make it ideal for animal lovers, and natural gas heat keeps it economical. Just minutes from downtown Mt. Morris and close to White Pines State Park and other recreational areas, this is a first-time offering you won't want to miss, call today to see it!
Unit Size
1,000 Ft²
Days on Market
-
Land Size
2.44 acres
Price per sqft
$270
Property Type
House
Property Taxes
$218
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.

Property Highlights

Garage

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 Count: 100
  • 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: 871,200
  • Total Building Area: 640
  • Building Area: 640
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 640
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000020000
  • Standard Land Use Code: 1008
  • County Land Use Code: 0011
  • Legal Description 1: RNG/BLK:9 TWP:24 SECT/LOT:34 E1/2 SE4 NE4

Neighborhood

  • School District Name: Oregon Community Unit School District 220
  • Census Tract: 960900

Geography

  • District: 16
  • Parcel: 08-34-200-003
  • Block: 9
  • Lot: 34
  • Meridian: SEC 34 TWN 24 RNG 09
  • Municipality: MT MORRIS
  • Latitude: 42.0376
  • Longitude: -89.4329

    Address

  • Full Address: 1684 N Mount Morris Rd
  • Address - House Number: 1684
  • Street Direction: N
  • Address - Street Name: Mount Morris
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Mount Morris
  • Carrier Code: R001
  • 4-Digit Zip Code: 9748
  • Zip Code: 61054

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $213,146
  • Tax Rate Code Area: 1644

    Market Valuation

  • Market Total Value: $87,831
  • Market Land Value: $53,304
  • Market Improvement Value: $34,527

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,121
  • Assessed Land Value: $18,900
  • Assessed Improvements Value: $12,221
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 Mount Morris

Stats & Trends

Median Asking:

$160,000

Sale Price/ft²

$108

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1404 ft²

Average Home Age

65.3 years

Currently For Sale

4 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: Carla Benesh, RE/MAX of Rock Valley
Data Source: MRED, MLS# MRD12521282
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 1684 North Mt Morris Road built and last sold?
The property at 1684 North Mt Morris Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1684 North Mt Morris Road is $265,358.
What are some comparable homes to 1684 North Mt Morris Road?
There are currently no comparable homes to 1684 North Mt Morris Road.
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