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Grundy 60450
3500 Oxbow Road
$775,000
● House - Off Market

3500 Oxbow Road

Morris, IL 60450
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,173 Ft²
$1,056,954
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Estate Sale Being Sold AS-IS!!    83 Acre Farm!  House is approximately 2200 square feet! Family room with fireplace and bay window! Spacioius updated kitchen with large eating area! Office! 1st floor laundry! Enclosed porch! 1st floor master bedroom with private bathroom! Full partial finished basement with full bathroom! Attached tandem 2+ car garage (25'x21')  Detached 4+ car garage (24'x23') Quonset (47'x28') Barn (64'x48')!  Main acreage with home and building 30.50.  2nd parcel 31.25 acres! 3rd parcel 21.25 acres!
Unit Size
2,173 Ft²
Days on Market
-
Land Size
83.00 acres
Price per sqft
$391
Property Type
House
Property Taxes
$619
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.

Last updated: 3 years ago (MRED MLS #10960202)

Price History

Date / Event Date Event Price
Mar 4, 2021 Sold
Premium
Sold
Dec 30, 2020 Listed by RE/MAX Ultimate Professionals $850,000
Listed by RE/MAX Ultimate Professionals

Property Highlights

Garage
Air Conditioning

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: 1,328,580
  • 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: R
  • Subdivision: LOOMIS SUB
  • Land Acres: 0000030500
  • Standard Land Use Code: 1008
  • County Land Use Code: 0011
  • Legal Description 1: W1/2 N61ACS OF W93ACS OF NE1/4 SEC 30-33-8 PER 302383

Neighborhood

  • School District Name: Morris School District 54
  • Census Tract: 000500

Geography

  • District: 17
  • Parcel: 06-30-200-001
  • Meridian: SEC 30 TWN 33N RNG 08W
  • Municipality: WAUPONSEE TOWNSHIP
  • Latitude: 41.3112
  • Longitude: -88.3522

    Address

  • Full Address: 3500 Oxbow Rd
  • Address - House Number: 3500
  • Address - Street Name: Oxbow
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Morris
  • Carrier Code: R007
  • 4-Digit Zip Code: 7415
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $775,326
  • Tax Rate Code Area: 17001

    Market Valuation

  • Market Total Value: $248,490
  • Market Land Value: $19,815
  • Market Improvement Value: $228,675

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $97,932
  • Assessed Land Value: $13,888
  • Assessed Improvements Value: $84,044

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 03, 2021
  • Current Sale Recording Date: Mar 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 601272
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 Grundy

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$184

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2133 ft²

Average Home Age

35 years

Currently For Sale

108 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

Currently no nearby rentals
MRED

Listed by: Dawn Dause, RE/MAX Ultimate Professionals
Last Updated: 3 years ago
Data Source: MRED, MLS# 10960202
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 3500 Oxbow Road built and last sold?
The property at 3500 Oxbow Road was built in and last sold on Mar 3, 2021 for $775,000.
How much is this home worth?
The estimated value of the home located at 3500 Oxbow Road is $837,485.
What are some comparable homes to 3500 Oxbow Road?
There are currently no comparable homes to 3500 Oxbow Road.
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