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Williamson 62890
23085 BENNETT Lane
$147,000
● Land - Off Market

23085 BENNETT Lane

Thompsonville, IL 62890
bedrooms
Studio
bathrooms
0 Bath
$201,450
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Great all purpose farm with home site!  This farm has everything you need, private gated access off the county road, tillable and pasture ground with some timber!  The deer sign is abundant and in an area known for giant whitetails!  This farm has something to offer everyone!  Run Cattle, Hunt, live or do all three!
Unit Size
-
Days on Market
-
Land Size
40.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$227
HOA Dues
-
Year Built
1900

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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.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,364
  • Garage Type: 7
  • Garage Square Area: 3,390
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,742,400
  • Total Building Area: 1,364
  • Gross Building Area: 1,364
  • Building Area: 1,364
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 11
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000040000
  • Standard Land Use Code: 1001
  • County Land Use Code: 0020
  • Legal Description 1: SE

Neighborhood

  • School District Name: Johnston City Community Unit School District 1
  • Census Tract: 020801

Geography

  • Parcel: 04-14-300-004
  • Meridian: SW SEC 14 TWN 08S RNG 04E
  • Municipality: CORINTH
  • Latitude: 37.8226
  • Longitude: -88.7377

    Address

  • Full Address: 23085 Bennett Ln
  • Address - House Number: 23085
  • Address - Street Name: Bennett
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Thompsonville
  • Carrier Code: R001
  • 4-Digit Zip Code: 4801
  • Zip Code: 62890

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $267,072
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 04003

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 244,416
  • High Value: 343,405
  • Low Value: 145,426

    Market Valuation

  • Market Total Value: $110,130
  • Market Land Value: $110,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,710
  • Assessed Land Value: $36,710

    Sales

  • Current Sale Contract Date: Apr 24, 2023
  • Current Sale Recording Date: Apr 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2857
  • Previous Sale Recording Date: Apr 24, 2023
  • Previous Sale Contract Date: Apr 24, 2023
  • Previous Sale Amount: $73,500
  • 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 Williamson

Stats & Trends

Median Asking:

$189,450

Sale Price/ft²

$117

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1759 ft²

Average Home Age

64 years

Currently For Sale

108 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: JAMES SWARTZLANDER, MIDWEST FARM & LAND
Data Source: MRED, MLS# MRDEB446426
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 23085 Bennett Lane built and last sold?
The property at 23085 Bennett Lane was built in 1900 and last sold on Apr 24, 2023 for $73,500.
How much is this home worth?
The estimated value of the home located at 23085 Bennett Lane is $0.
What are some comparable homes to 23085 Bennett Lane?
There are currently no comparable homes to 23085 Bennett Lane.
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