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Whiteside 61270
18474 Holly Road
$240,000
● House - Off Market

18474 Holly Road

Morrison, IL 61270
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,092 Ft²
$244,388
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Country living with abundant wildlife. Includes 8 acres of mostly woods.  This split level house has an amazing 4 seasons sunroom with 3 sets of  (4-panel) sliding glass doors. Small portion of the yard is fenced in for your fur babies! This 3 bedroom, 1.5 bath house also has an attached two car garage plus a pole building that is 30x36 with a semi truck garage door. Basement has a wood burning fireplace in the family room. New gas furnace in 2017, water heater is about 5 years old, 2 sump pumps, epoxy floor in the large utility room. Newer tilt out/vinyl windows. Kitchen has newer vinyl flooring. Sellers are including a $2,000 carpet allowance. Not included: Refrigerator, washer, dryer, chest freezer, electric fireplace, hot tub. Contingent on Seller finding the house of their choice.
Unit Size
1,092 Ft²
Days on Market
-
Land Size
8.00 acres
Price per sqft
$222
Property Type
House
Property Taxes
$293
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 #11357658)

Price History

Date / Event Date Event Price
May 27, 2022 Sold
Premium
Sold
Mar 25, 2022 Listed by Kophamer & Blean Realty $242,500
Listed by Kophamer & Blean Realty

Property Highlights

Air Conditioning
Fireplace

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: 348,480
  • 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: 0000008000
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: PT SE SW SEC 2 TWP 21 RNG 5 1401X

Neighborhood

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

Geography

  • Account Number: 111883
  • District: 08
  • Parcel: 0902300002
  • Meridian: SEC 02 TWN 21N RNG 05E
  • Municipality: MT PLEASANT
  • Latitude: 41.8311
  • Longitude: -89.8918

    Address

  • Full Address: 18474 Holly Rd
  • Address - House Number: 18474
  • Address - Street Name: Holly
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Morrison
  • Carrier Code: R004
  • 4-Digit Zip Code: 9539
  • Zip Code: 61270

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $350,658
  • Tax Rate Code Area: 00801

    Appraisal Valuation

  • Standard Deviation: 0.2411
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 66
  • Final Value: 222,773
  • High Value: 276,489
  • Low Value: 169,056

    Market Valuation

  • Market Total Value: $161,475
  • Market Land Value: $45,009
  • Market Improvement Value: $116,466

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,825
  • Assessed Land Value: $15,003
  • Assessed Improvements Value: $38,822

    Sales

  • Current Sale Contract Date: May 22, 2022
  • Current Sale Recording Date: May 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3272
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: Amanda Cook, Kophamer & Blean Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11357658
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 18474 Holly Road built and last sold?
The property at 18474 Holly Road was built in and last sold on May 22, 2022 for $240,000.
How much is this home worth?
The estimated value of the home located at 18474 Holly Road is $0.
What are some comparable homes to 18474 Holly Road?
There are currently no comparable homes to 18474 Holly Road.
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