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Woodford 61760
2913 County Road 1700 N
$91,000
● Land - Off Market

2913 County Road 1700 N

Minonk, IL 61760
bedrooms
Studio
bathrooms
0 Bath
$442
Est. Monthly

About This Property

Discover the perfect blend of rural charm and future potential with this exceptional property. Nestled in a peaceful countryside setting, this spacious parcel offers excellent building opportunities for your dream home or hobby farm. The property features a solid barn and a versatile shed, ideal for storage, workshop use, or agricultural projects. Mature trees are thoughtfully scattered throughout the property, providing natural shade, privacy, and a picturesque backdrop in every season. Whether you're seeking a quiet homestead, or space for livestock, this property delivers a rare combination of usability and rustic beauty. Bring your vision and make this inviting rural landscape your own. SOLD AS IS. HOUSE IS IN TEAR DOWN CONDITION.
Unit Size
-
Days on Market
-
Land Size
3.21 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
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.

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: 3,490,027
  • 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
  • Land Acres: 0000080120
  • Standard Land Use Code: 8008
  • County Land Use Code: 11
  • Legal Description 1: T27N - R2E - S03 PT W1/2 NW1/4

Neighborhood

  • School District Name: Fieldcrest Community Unit School District 6
  • Census Tract: 030700

Geography

  • District: 12
  • Parcel: 12-03-100-002
  • Meridian: SEC 03 TWN 27N RNG 02E
  • Municipality: PANOLA
  • Latitude: 40.8389
  • Longitude: -88.9856

    Address

  • Full Address: 2913 County Road 1700 N
  • Address - House Number: 2913
  • Street Segment Direction: N
  • Address - Street Name: County Road 1700
  • State: IL
  • City Name: Minonk
  • Carrier Code: R001
  • 4-Digit Zip Code: 7563
  • Zip Code: 61760

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $434,998
  • Tax Rate Code Area: 12001

    Market Valuation

  • Market Total Value: $182,670
  • Market Land Value: $126,684
  • Market Improvement Value: $55,986

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,890
  • Assessed Land Value: $42,228
  • Assessed Improvements Value: $18,662
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 Woodford

Stats & Trends

Median Asking:

$201,500

Sale Price/ft²

$103

Below Asking

0.02%

Average Days on Market

43

Average Home Size

2148 ft²

Average Home Age

64.9 years

Currently For Sale

16 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: Larissa Seggerman, RE/MAX Choice
Data Source: MRED, MLS# MRD12525634
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 2913 County Rd 1700 North built and last sold?
The property at 2913 County Rd 1700 North was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2913 County Rd 1700 North is $0.
What are some comparable homes to 2913 County Rd 1700 North?
There are currently no comparable homes to 2913 County Rd 1700 North.
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