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Streator 61364
Lot 28 Memory Lane
Photo of Lot 28 Memory Lane

6

Map

Photo of Lot 28 Memory Lane
Photo of Lot 28 Memory Lane
$14,500
↓ $1K (9.4%)
● Land - For Sale

Lot 28 Memory Lane

Streator, IL 61364
bedrooms
Studio
bathrooms
0 Bath
$213
Est. Monthly

About This Property

Large sized lot in desireable Cobblestone Place Subdivision Wide open spaces to build your home with a park in the community. 80 x 155 or over quarter acre lot in the back section of the development. Surrounded by beautiful homes.
Unit Size
-
Days on Market
-
Land Size
0.28 acres
Price per sqft
-
Property Type
Land
Property Taxes
$142
HOA Dues
-
Year Built
2010

Listed By

Alice Green
Alice Green
[email protected]
Keller Williams Preferred Rlty

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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

Interior Details
Laundry Features: None
Basement: None
Exterior Details
Lot Size Area: 12196.8
Lot Size Units: Square Feet
Lot Size Acres: 0.28
Lot Size Square Feet: 12196.8
Lot Size Dimensions: 80X155X80X155
Financial Details
Tax Annual Amount: $1,699
Utilities Details
Cooling Type: None
Heating Type: None

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • 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: 22,216
  • Total Building Area: 2,764
  • Gross Building Area: 2,764
  • Building Area: 2,764
  • Building Area Measurement: T

    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: COBBLESTONE PLACE SUB PHASE II
  • Land Acres: 0000000510
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: COBBLESTONE PLACE SUB PHASE II, LT 22 SEC 23-31-3

Neighborhood

  • School District Name: Streator Township High School District 40
  • Census Tract: 963900

Geography

  • District: BR
  • Subdivision Phase Number: 2
  • Parcel: 33-23-223-033
  • Lot: 22
  • Meridian: SEC 23 TWN 31 RNG 03
  • Municipality: BRUCE TOWNSHIP
  • Latitude: 41.1469
  • Longitude: -88.8445

    Address

  • Full Address: 28 Memory Ln
  • Address - House Number: 28
  • Address - Street Name: Memory
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Streator
  • Carrier Code: R004
  • 4-Digit Zip Code: 9142
  • Zip Code: 61364

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $821,904
  • Tax Rate Code Area: BR003

    Appraisal Valuation

  • Standard Deviation: 0.1076
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 89
  • Final Value: 20,796
  • High Value: 23,034
  • Low Value: 18,558

    Market Valuation

  • Market Total Value: $222,123
  • Market Land Value: $60,900
  • Market Improvement Value: $161,223

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,041
  • Assessed Land Value: $20,300
  • Assessed Improvements Value: $53,741
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 Streator

Stats & Trends

Median Asking:

$138,000

Sale Price/ft²

$107

Below Asking

0.02%

Average Days on Market

49

Average Home Size

1186 ft²

Average Home Age

107.3 years

Currently For Sale

42 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

Rentals Near You

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MRED

Listed by: Alice Green, Starved Rock Realty
Data Source: MRED, MLS# MRD12596819
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 28 Memory Lane built and last sold?
The property at 28 Memory Lane was built in 2010 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 28 Memory Lane is $14,645.
What are some comparable homes to 28 Memory Lane?
There are currently no comparable homes to 28 Memory Lane.
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