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Anchor 61720
313 N 2nd Street
$100,000
● House - Off Market

313 N 2nd Street

Anchor, IL 61720
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,485 Ft²
$108,098
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Enjoy small town living with this spacious 4 bed 2 bath ranch home! Large master bedroom with a spacious master bath. First floor laundry and a large living room! The enclosed front porch offers extra living and entertainment space. Good sized lot with a fenced backyard and large barn with alley access for extra storage. Some recent updates include; new furnace in 2016, new gutters and downspouts 6/22, 8 new windows 11/18, and fresh paint in several rooms. Septic replacement on record from 2005. Come check this one out before it's too late!
Unit Size
1,485 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$71
Property Type
House
Property Taxes
$117
HOA Dues
-
Year Built
1884

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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.

Last updated: 3 years ago (MRED MLS #11708529)

Price History

Date / Event Date Event Price
Mar 23, 2023 Sold
Premium
Sold
Jan 27, 2023 Listed by RE/MAX Rising $104,900
Listed by RE/MAX Rising

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1884
  • Effective Year Built: 1884
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 532
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 81
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 1,485
  • Gross Building Area: 1,485
  • Building Area: 1,485
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,485
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIRST ADD
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: FIRST ADDITION TO ANCHOR E1/2 LOT 5

Neighborhood

  • School District Name: Ridgeview Community Unit School District 19
  • Census Tract: 005601

Geography

  • District: 2
  • Parcel: 18-05-277-002
  • Lot: 5
  • Meridian: SEC 05 TWN 24N RNG 06E
  • Municipality: ANCHOR
  • Latitude: 40.5679
  • Longitude: -88.5393

    Address

  • Full Address: 313 2nd St
  • Address - House Number: 313
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Anchor
  • Carrier Code: R777
  • 4-Digit Zip Code: 7506
  • Zip Code: 61720

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $145,518
  • Tax Rate Code Area: 202

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 24,240
  • High Value: 35,369
  • Low Value: 13,110

    Market Valuation

  • Market Total Value: $63,123
  • Market Land Value: $7,461
  • Market Improvement Value: $55,662

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,041
  • Assessed Land Value: $2,487
  • Assessed Improvements Value: $18,554

    Sales

  • Current Sale Contract Date: Mar 16, 2023
  • Current Sale Recording Date: Apr 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4261
  • Previous Sale Recording Date: Jun 03, 2016
  • Previous Sale Contract Date: May 24, 2016
  • Previous Sale Amount: $27,500
  • 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 Anchor

Stats & Trends

Median Asking:

$205,000

Sale Price/ft²

$123

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1861 ft²

Average Home Age

65.3 years

Currently For Sale

0 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: Jaiden Snodgrass, RE/MAX Rising
Last Updated: 3 years ago
Data Source: MRED, MLS# 11708529
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 313 2nd Street built and last sold?
The property at 313 2nd Street was built in 1884 and last sold on Mar 16, 2023 for $100,000.
How much is this home worth?
The estimated value of the home located at 313 2nd Street is $105,949.
What are some comparable homes to 313 2nd Street?
There are currently no comparable homes to 313 2nd Street.
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