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Aurora 60502 Eola Yards
2760 Molitor Road
$200,000
● Land - Off Market

2760 Molitor Road

Aurora, IL 60502
bedrooms
Studio
bathrooms
0 Bath
$218,768
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Build your dream house with DJK Custom Homes - voted Best of Naperville - on this 1.32 acre lot in Premier Molitor  Estates.  Can be combined with 2740 Molitor for a 2.37 acre estate - plenty of room for any concept! Within minutes of I-88, Metra, shopping and restaurants.  Located just down the street from Metea High School.
Unit Size
-
Days on Market
-
Land Size
1.37 acres
Price per sqft
-
Property Type
Land
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 #11798214)

Price History

Date / Event Date Event Price
Aug 10, 2023 Sold
Premium
Sold
Jun 2, 2023 Listed by Jameson Commercial $220,000
Listed by Jameson Commercial

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • 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: 59,677
  • 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: MOLITOR ESTATES SUB
  • Land Acres: 0000001370
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: MOLITOR ESTATES SUB ALL

Neighborhood

  • School District Name: Indian Prairie Community Unit School District 204
  • School Tax School District: DISTRICT 204
  • Census Tract: 846409

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3139-C2
  • Parcel: 07-07-202-016
  • Lot: 3
  • Municipality: NAPERVILLE
  • Latitude: 41.7931
  • Longitude: -88.2487

    Address

  • Full Address: 2760 Molitor Rd
  • Address - House Number: 2760
  • Address - Street Name: Molitor
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Aurora
  • Carrier Code: R008
  • 4-Digit Zip Code: 9697
  • Zip Code: 60502

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $367,806
  • Tax Rate Code Area: 7045

    Market Valuation

  • Market Total Value: $131,580
  • Market Land Value: $131,580

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,860
  • Assessed Land Value: $43,860

    Sales

  • Current Sale Contract Date: Aug 11, 2023
  • Current Sale Recording Date: Sep 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 59323
  • Previous Sale Recording Date: Oct 13, 2015
  • Previous Sale Contract Date: Sep 24, 2015
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: 68
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 Eola Yards

Stats & Trends

Median Asking:

$522,445

Sale Price/ft²

$235

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2249 ft²

Average Home Age

28.4 years

Currently For Sale

30 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: Richard Gardella, Jameson Commercial
Last Updated: 3 years ago
Data Source: MRED, MLS# 11798214
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 2760 Molitor Road built and last sold?
The property at 2760 Molitor Road was built in and last sold on Aug 11, 2023 for $200,000.
How much is this home worth?
The estimated value of the home located at 2760 Molitor Road is $0.
What are some comparable homes to 2760 Molitor Road?
There are currently no comparable homes to 2760 Molitor Road.
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