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Oglesby 61348
420 Richards Street
Photo of 420 Richards Street

2

Map

Photo of 420 Richards Street
$15,000
● Land - For Sale

420 Richards Street

Oglesby, IL 61348
bedrooms
Studio
bathrooms
0 Bath
$103
Est. Monthly

About This Property

Build your future on this vacant residential lot located in an established Oglesby neighborhood! Measuring approximately 104' x 83', this buildable lot offers a great opportunity to design and construct a home that fits your needs. Enjoy the benefits of building new while being surrounded by an existing neighborhood. Whether you're ready to build now or looking to secure land for the future, this Oglesby lot is worth a look. Bring your plans and start imagining the possibilities!
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
$29
HOA Dues
-
Year Built
-

Listed By

Thomas Templeton
[email protected]
Coldwell Banker Today's, Realtors

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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

Exterior Details
Lot Size Area: 8712
Lot Size Units: Square Feet
Lot Size Acres: 0.2
Lot Size Square Feet: 8712
Lot Size Dimensions: 83x104
Water Source: Municipal Water
Financial Details
Tax Annual Amount: $352

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: 12,632
  • 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
  • Subdivision: CARBON COAL CO S SUB
  • Land Acres: 0000000290
  • Standard Land Use Code: 8001
  • County Land Use Code: 0030
  • Legal Description 1: CARBON COAL CO SUB, W1/2 LT 74 SEC 25-33-1

Neighborhood

  • School District Name: LaSalle-Peru Township High School District 120
  • Census Tract: 963400

Geography

  • District: LS
  • Parcel: 18-25-106-021
  • Lot: 74
  • Meridian: SEC 25 TWN 33 RNG 01
  • Municipality: LASALLE TOWNSHIP
  • Latitude: 41.3031
  • Longitude: -89.0666

    Address

  • Full Address: 420 Richards St
  • Address - House Number: 420
  • Address - Street Name: Richards
  • Address - Suffix Type: St
  • State: IL
  • City Name: Oglesby
  • Carrier Code: C002
  • 4-Digit Zip Code: 1055
  • Zip Code: 61348

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $34,654
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: LS007

    Market Valuation

  • Market Total Value: $11,247
  • Market Land Value: $11,247

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,749
  • Assessed Land Value: $3,749

    Sales

  • Current Sale Contract Date: Sep 02, 2021
  • Current Sale Recording Date: Sep 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-13927
  • Previous Sale Recording Date: Oct 06, 2010
  • Previous Sale Contract Date: Sep 03, 2010
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: 4
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 Oglesby

Stats & Trends

Median Asking:

$160,950

Sale Price/ft²

$130

Below Asking

0.03%

Average Days on Market

48

Average Home Size

1693 ft²

Average Home Age

81.2 years

Currently For Sale

9 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

Rentals Near You

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MRED

Listed by: Thomas Templeton, Coldwell Banker Today's
Data Source: MRED, MLS# MRD12773477
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 420 Richards Street built and last sold?
The property at 420 Richards Street was built in and last sold on Sep 2, 2021 for $7,000.
How much is this home worth?
The estimated value of the home located at 420 Richards Street is $15,150.
What are some comparable homes to 420 Richards Street?
There are currently no comparable homes to 420 Richards Street.
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