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Beecher 60401
280 Aspen Drive
$9,500
● Land - Off Market

280 Aspen Drive

Beecher, IL 60401
bedrooms
Studio
bathrooms
0 Bath
$89
Est. Monthly
57.41%
Cap Rate

About This Property

Build your beautiful, dream home on this excellent lot location surrounded by homes in a quiet neighborhood.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$27
HOA Dues
-
Year Built
-

Payment Calculator

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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 #12119498)

Price History

Date / Event Date Event Price
Aug 16, 2024 Sold
Premium
Sold
Jul 30, 2024 In contract -
In contract
Jul 23, 2024 Listed by Real People Realty $12,500
Listed by Real People Realty

Property Highlights

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: 9,227
  • 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: V
  • Subdivision: PRAIRIE CROSSINGS PHASE 3
  • Land Acres: 0000000210
  • Standard Land Use Code: 8001
  • County Land Use Code: 0030
  • Legal Description 1: LOT 139 IN PRAIRIE CROSSING PHASE 3, BEING A SUB OF PRT OF THE NE1/4 OF SEC 16, T33N-R14E.

Neighborhood

  • School District Name: Beecher Community Unit School District 200U
  • Census Tract: 883902

Geography

  • Subdivision Phase Number: 3
  • Parcel: 22-22-16-206-027
  • Lot: 139
  • Meridian: SEC 16 TWN 33N RNG 14E
  • Municipality: WASHINGTON
  • Latitude: 41.3519
  • Longitude: -87.6158

    Address

  • Full Address: 280 Aspen Dr
  • Address - House Number: 280
  • Address - Street Name: Aspen
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Beecher
  • Carrier Code: R005
  • 4-Digit Zip Code: 5123
  • Zip Code: 60401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $32,438
  • Tax Rate Code Area: 2201

    Market Valuation

  • Market Total Value: $11,349
  • Market Land Value: $11,349

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,783
  • Assessed Land Value: $3,783

    Sales

  • Current Sale Contract Date: May 01, 2019
  • Current Sale Recording Date: May 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2019028978
  • Previous Sale Recording Date: Nov 10, 2016
  • Previous Sale Contract Date: Oct 19, 2016
  • Previous Sale Amount: $6,500
  • 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 Beecher

Stats & Trends

Median Asking:

$325,340

Sale Price/ft²

$169

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1906 ft²

Average Home Age

27.8 years

Currently For Sale

24 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: Kimberly Smith, Real People Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 12119498
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 280 Aspen Drive built and last sold?
The property at 280 Aspen Drive was built in and last sold on May 1, 2019 for $10,000.
How much is this home worth?
The estimated value of the home located at 280 Aspen Drive is $0.
What are some comparable homes to 280 Aspen Drive?
There are currently no comparable homes to 280 Aspen Drive.
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