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Spring Grove 60081
0000 Lot Main Street
$25,000
● Land - Off Market

0000 Lot Main Street

Spring Grove, IL 60081
bedrooms
Studio
bathrooms
0 Bath
$30,523
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

1.5 acres on Nippersink Creek! Flat, buildable lot off of Main Street in sought after Spring Grove. Mature trees, small shed and water views. Lot is up high from the creek. Zone E1 - estate residential. Sewer is across the street so no septic system needed. Beautiful street with sidewalks on the north side of Main St, large park is within walking distance and close to all shops and restaurants.
Unit Size
-
Days on Market
-
Land Size
1.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$68
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 #11250332)

Price History

Date / Event Date Event Price
Apr 17, 2023 Sold
Premium
Sold
Oct 19, 2021 Listed by RE/MAX Advantage Realty $30,000
Listed by RE/MAX Advantage Realty

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: 8,712
  • 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: E
  • Land Acres: 0000000200
  • Standard Land Use Code: 9000
  • County Land Use Code: 0090
  • Legal Description 1: DOC 2000R0037351 LT 1 ASSRS PLAT MEMO: BD OF ED OF NIPPERSINK SCHOOL DIST 2

Neighborhood

  • School District Name: Richmond-Burton Community High School District 157
  • Census Tract: 870106

Geography

  • Parcel: 05-30-101-001
  • Block: 101
  • Lot: 1
  • Municipality: BURTON TWP
  • Latitude: 42.4444
  • Longitude: -88.2375

    Address

  • Full Address: 2018 Main Street Rd
  • Address - House Number: 2018
  • Address - Street Name: Main Street
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Spring Grove
  • Carrier Code: R003
  • 4-Digit Zip Code: 9693
  • Zip Code: 60081

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 05003

    Assessments Valuation

  • Assessed Year: 2022
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 Spring Grove

Stats & Trends

Median Asking:

$584,900

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

52

Average Home Size

3035 ft²

Average Home Age

32.4 years

Currently For Sale

14 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: Michael Nielsen, RE/MAX Advantage Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11250332
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 2018 Main Street Road built and last sold?
The property at 2018 Main Street 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 2018 Main Street Road is $0.
What are some comparable homes to 2018 Main Street Road?
There are currently no comparable homes to 2018 Main Street Road.
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