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Lee 61376
294 Baseline Road
$280,000
● House - Off Market

294 Baseline Road

WALNUT, IL 61376
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,806 Ft²
$632,165
RealtyHop Estimate
111.43%
Since Apr 1, 2009
National-US
Primary Model

About This Property

Multiple use property currently used as dairy facility.  Could be horse or other livestock operation.  Situated on 10.32 acres MOL, the property consists of a 100x58 Machine Shed with concrete floor, 50x36 Calf Shed, 52x164-72 Cow Free Stall Barn, Milk House with Office, 50x58 Barn, 48x30 Quanset Shed, and a well-maintained 3 bedroom, 1.75 bath home in good condition.
Unit Size
1,806 Ft²
Days on Market
-
Land Size
10.32 acres
Price per sqft
$166
Property Type
House
Property Taxes
$459
HOA Dues
-
Year Built
1921

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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: 1921
  • Effective Year Built: 1921
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 307,098
  • Total Building Area: 1,980
  • Gross Building Area: 1,980
  • Building Area: 1,980
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,980
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000007050
  • Standard Land Use Code: 1008
  • County Land Use Code: 0011
  • Legal Description 1: SEC33 TWP19 RNG8 7 AC TRACT IN SEQ SEQ

Neighborhood

  • School District Name: Bureau Valley Community Unit School District 340
  • Census Tract: 000700

Geography

  • Account Number: 114684
  • District: 09
  • Parcel: 09-19-33-400-006
  • Meridian: SEC 33 TWN 19 RNG 08
  • Municipality: HAMILTON
  • Latitude: 41.5858
  • Longitude: -89.5752

    Address

  • Full Address: 294 Baseline Rd
  • Address - House Number: 294
  • Address - Street Name: Baseline
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Walnut
  • Carrier Code: R001
  • 4-Digit Zip Code: 9603
  • Zip Code: 61376

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $358,862
  • Tax Rate Code Area: 09001

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 74
  • Final Value: 183,381
  • High Value: 218,272
  • Low Value: 148,489

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,906
  • Assessed Land Value: $4,111
  • Assessed Improvements Value: $44,795

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 24, 2009
  • Current Sale Recording Date: Mar 31, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2009001932
  • Previous Sale Recording Date: Oct 09, 2008
  • Previous Sale Contract Date: Oct 03, 2008
  • Previous Sale Amount: $267,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Lee

Stats & Trends

Median Asking:

$189,900

Sale Price/ft²

$125

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1915 ft²

Average Home Age

85.3 years

Currently For Sale

76 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: Darrell Dahl, Dahl Real Estate
Data Source: MRED, MLS# MRD07108988
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 294 Baseline Road built and last sold?
The property at 294 Baseline Road was built in 1921 and last sold on Mar 24, 2009 for $280,000.
How much is this home worth?
The estimated value of the home located at 294 Baseline Road is $0.
What are some comparable homes to 294 Baseline Road?
There are currently no comparable homes to 294 Baseline Road.
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