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Whiteside 61270
17001 Carroll Road
$95,000
● House - Off Market

17001 Carroll Road

Morrison, IL 61270
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,824 Ft²
$719
Est. Monthly
25.22%
Cap Rate

About This Property

Wanting a little acreage and willing to do the work to make the home what you want?  This may be the perfect opportunity for you.  This 4 to 6 bedroom farm house has lots of space and sits on 5 acres.  There is a 30 x 60 barn that had a metal roof added around 8 years ago; a 16x31 detached garage/shed and an open front pole shed that measures 18x26.  Great location, just a half mile off route 30 on the west side of Morrison. Being sold "AS IS".
Unit Size
1,824 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$66
Property Type
House
Property Taxes
$130
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 #11915874)

Price History

Date / Event Date Event Price
Sep 25, 2024 Sold
Premium
Sold
Aug 28, 2024 In contract -
In contract
Aug 16, 2024 Price Decreased $119,900
↓ $5K (4.1%)
Price Decreased
Jul 26, 2024 Relisted $125,000
Relisted
Jul 22, 2024 In contract -
In contract
Show More

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
  • 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: 0000005000
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: PT SW 1/4 SEC 1 TWP 21 RNG 4 1101X

Neighborhood

  • School District Name: Morrison Community Unit School District 6
  • Census Tract: 000200

Geography

  • Account Number: 114361
  • District: 07
  • Parcel: 0801300007
  • Meridian: SEC 01 TWN 21N RNG 04E
  • Municipality: UNION GROVE
  • Latitude: 41.8302
  • Longitude: -89.9886

    Address

  • Full Address: 17001 Carroll Rd
  • Address - House Number: 17001
  • Address - Street Name: Carroll
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Morrison
  • Carrier Code: R001
  • 4-Digit Zip Code: 9403
  • Zip Code: 61270

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $156,034
  • Tax Rate Code Area: 00710

    Appraisal Valuation

  • Standard Deviation: 0.2672
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 61
  • Final Value: 122,507
  • High Value: 155,243
  • Low Value: 89,771

    Market Valuation

  • Market Total Value: $94,839
  • Market Land Value: $36,297
  • Market Improvement Value: $58,542

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,613
  • Assessed Land Value: $12,099
  • Assessed Improvements Value: $19,514
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:

$154,900

Sale Price/ft²

$111

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1636 ft²

Average Home Age

79.9 years

Currently For Sale

129 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: Suzi Mills, Kophamer & Blean Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11915874
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 17001 Carroll Road built and last sold?
The property at 17001 Carroll 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 17001 Carroll Road is $0.
What are some comparable homes to 17001 Carroll Road?
There are currently no comparable homes to 17001 Carroll Road.
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