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Champaign 61840
301 Independence Street
$15,000
● Land - Off Market

301 Independence Street

Dewey, IL 61840
bedrooms
Studio
bathrooms
0 Bath
$92
Est. Monthly

About This Property

Vacant lot in Dewey.  The lot has new electric and water ran to the property.
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$18
HOA Dues
-
Year Built
1917

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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: 1917
  • Effective Year Built: 1917
  • Bedroom Count: 0
  • Full Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 13
  • 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: 10,047
  • Total Building Area: 1,268
  • Building Area: 1,268
  • Building Area Measurement: B

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: HAMMERS, B.R., ADD
  • Land Acres: 0000000231
  • Standard Land Use Code: 8000
  • County Land Use Code: 0030
  • Legal Description 1: LOTS PT 1, PT 2, PT 3 BLOCK 2 HAMMERS, B.R., ADD

Neighborhood

  • School District Name: Fisher Community Unit School District 1
  • School Tax School District: 101
  • Census Tract: 010500

Geography

  • District: 10
  • Parcel: 10-02-34-153-006
  • Block: 2
  • Lot: 3
  • Meridian: SEC 34 TWN 22N RNG 08E
  • Municipality: EAST BEND
  • Latitude: 40.319
  • Longitude: -88.2853

    Address

  • Full Address: 301 Independence St
  • Address - House Number: 301
  • Address - Street Name: Independence
  • Address - Suffix Type: St
  • State: IL
  • City Name: Dewey
  • Carrier Code: R001
  • 4-Digit Zip Code: 9715
  • Zip Code: 61840

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,938
  • Tax Rate Code Area: 1001

    Market Valuation

  • Market Total Value: $8,310
  • Market Land Value: $8,310

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,770
  • Assessed Land Value: $2,770

    Sales

  • Current Sale Contract Date: Jan 07, 2005
  • Current Sale Recording Date: Jan 18, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 20
  • Current Sale Input Document Number: 2005R01750
  • Previous Sale Recording Date: Nov 17, 2004
  • Previous Sale Contract Date: Aug 20, 2004
  • Previous Sale Document Type: 64
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 Champaign

Stats & Trends

Median Asking:

$254,900

Sale Price/ft²

$162

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1970 ft²

Average Home Age

44.5 years

Currently For Sale

429 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: Laura Heiser, The Real Estate Group,Inc
Data Source: MRED, MLS# MRD12157646
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 301 Independence Street built and last sold?
The property at 301 Independence Street was built in 1917 and last sold on Jan 7, 2005 for $15,000.
How much is this home worth?
The estimated value of the home located at 301 Independence Street is $0.
What are some comparable homes to 301 Independence Street?
There are currently no comparable homes to 301 Independence Street.
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