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Sheffield 61361
215 E Mill Road
$75,000
● House - Off Market

215 E Mill Road

Sheffield, IL 61361
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,017 Ft²
$85,659
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Don't miss this little treasure sitting on 3 lots on the edge of beautiful Sheffield! The main floor of this home boasts a new kitchen with open concept to the living room, new handicapped shower in the bathroom and 2 main floor bedrooms. The basement is in great shape and ready to be finished or used for storage. The 2 plus garage needs a roof.
Unit Size
1,017 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$84
Property Type
House
Property Taxes
$44
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11750441)

Price History

Date / Event Date Event Price
May 19, 2023 Sold
Premium
Sold
Apr 1, 2023 Listed by Wessel Real Estate $85,000
Listed by Wessel Real Estate

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 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
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 640
  • 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
  • Subdivision: PLAT OF A SUBDIVISION
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: SL 2 L 1 NW (64 X 150)D 19-0493

Neighborhood

  • School District Name: Bureau Valley Community Unit School District 340
  • Census Tract: 965600

Geography

  • Account Number: 1430126003
  • District: 14
  • Parcel: 14-30-126-003
  • Meridian: SEC 30 TWN 16 RNG 07
  • Municipality: CONCORD
  • Latitude: 41.3504
  • Longitude: -89.7353

    Address

  • Full Address: 215 E Mill Rd
  • Address - House Number: 215
  • Street Direction: E
  • Address - Street Name: Mill
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Sheffield
  • Carrier Code: R005
  • 4-Digit Zip Code: 9645
  • Zip Code: 61361

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $53,384
  • Tax Rate Code Area: 14008

    Appraisal Valuation

  • Standard Deviation: 0.2366
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 66
  • Final Value: 48,575
  • High Value: 60,073
  • Low Value: 37,078

    Market Valuation

  • Market Total Value: $32,835
  • Market Land Value: $2,463
  • Market Improvement Value: $30,372

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,945
  • Assessed Land Value: $821
  • Assessed Improvements Value: $10,124

    Sales

  • Current Sale Contract Date: May 19, 2023
  • Current Sale Recording Date: May 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1592
  • Previous Sale Recording Date: Aug 20, 2013
  • Previous Sale Contract Date: Aug 20, 2013
  • Previous Sale Amount: $29,000
  • Previous Sale Document Type: 71
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 Sheffield

Stats & Trends

Median Asking:

$199,000

Sale Price/ft²

$116

Below Asking

0.02%

Average Days on Market

74

Average Home Size

1702 ft²

Average Home Age

105.1 years

Currently For Sale

7 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: Laurie Shipp, Wessel Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11750441
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 215 East Mill Road built and last sold?
The property at 215 East Mill Road was built in and last sold on May 19, 2023 for $25,000.
How much is this home worth?
The estimated value of the home located at 215 East Mill Road is $0.
What are some comparable homes to 215 East Mill Road?
There are currently no comparable homes to 215 East Mill Road.
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