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Sidney 61877
205 Linda Lane
$21,000
● Land - Off Market

205 Linda Lane

Sidney, IL 61877
bedrooms
Studio
bathrooms
0 Bath
$150
Est. Monthly

About This Property

Discover Small-Town Living in Sidney!    Situated on the peaceful south edge of town, this generous 99' x 132' corner lot offers the perfect setting for your future home. Enjoy the charm of small-town living with the convenience of being just a short drive from Champaign-Urbana. Located within the desirable Unit 7 School District, this lot provides plenty of space to build, garden, and grow. The current owner chose a different home in Sidney, so this wonderful building opportunity is now available for you. Come out and walk the lot-you'll love what you see!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$47
HOA Dues
-
Year Built
2006

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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

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Full Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 15
  • Basement Type: 8
  • Basement Area: 1,848
  • Garage Type: 1
  • Garage Square Area: 702
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 1,848
  • Gross Building Area: 1,848
  • Building Area: 1,848
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 3
  • Heated Square Feet: 1,848
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: NOX POINT SUB PHASE 3
  • Land Acres: 0000000300
  • Standard Land Use Code: 8000
  • County Land Use Code: 0030
  • Legal Description 1: LOT 34 NOX POINT SUB PHASE 3

Neighborhood

  • School District Name: Tolono Community Unit School District 7
  • School Tax School District: 101
  • Census Tract: 010800

Geography

  • District: 24
  • Parcel: 24-28-16-404-001
  • Lot: 34
  • Meridian: SEC 16 TWN 18N RNG 10E
  • Municipality: SIDNEY
  • Latitude: 40.0152
  • Longitude: -88.0758

    Address

  • Full Address: 205 Linda Ln
  • Address - House Number: 205
  • Address - Street Name: Linda
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Sidney
  • Carrier Code: R071
  • 4-Digit Zip Code: 9637
  • Zip Code: 61877

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $52,240
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 2402

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 38,581
  • High Value: 46,575
  • Low Value: 30,587

    Market Valuation

  • Market Total Value: $26,370
  • Market Land Value: $26,370

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $8,790
  • Assessed Land Value: $8,790

    Sales

  • Current Sale Contract Date: Jan 10, 2008
  • Current Sale Recording Date: Feb 20, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2008R03768
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 Sidney

Stats & Trends

Median Asking:

$232,450

Sale Price/ft²

$143

Below Asking

0.02%

Average Days on Market

69

Average Home Size

2332 ft²

Average Home Age

73 years

Currently For Sale

3 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: Rose Price, LANDMARK REAL ESTATE
Data Source: MRED, MLS# MRD12376394
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 205 Linda Lane built and last sold?
The property at 205 Linda Lane was built in 2006 and last sold on Jan 10, 2008 for $23,000.
How much is this home worth?
The estimated value of the home located at 205 Linda Lane is $21,210.
What are some comparable homes to 205 Linda Lane?
There are currently no comparable homes to 205 Linda Lane.
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