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Woodford 61530
607 N Main Street
$45,000
● House - Off Market

607 N Main Street

Eureka, IL 61530
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,700 Ft²
$320
Est. Monthly
125.48%
Cap Rate

About This Property

Huge corner lot w/ no neighbor's to the N or E (only neighbors are across street). Large over sized 2 car detached garage. Walk out lower level. Covered porch w/ wraparound porch-deck. Central air. Not far from schools. Sold as is. Mold exists. Cash or Rehab loan offers only. All offers must be accompanied with a Proof of Funds or Pre-Qual letter. New roof coming Nov '23. Only "one time highest & best" offers will be considered. Deadline for those offers is 7am Friday 11/3/23.
Unit Size
2,700 Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$11
Property Type
House
Property Taxes
$172
HOA Dues
-
Year Built
1900

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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 #11921064)

Price History

Date / Event Date Event Price
Dec 13, 2023 Sold
Premium
Sold
Oct 31, 2023 Listed by Coldwell Banker Real Estate Group $29,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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 Count: 100
  • 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: 29,395
  • Total Building Area: 1,000
  • Building Area: 1,000
  • Building Area Measurement: M

    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: J S THIMPSONS SUBDIVISION
  • Land Acres: 0000000674
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: T26N - R1W - S07 PT LOT 15 J S THOMPSONS ADDN

Neighborhood

  • School District Name: Eureka Community Unit District 140
  • Census Tract: 030601

Geography

  • District: 14
  • Parcel: 14-07-100-020
  • Lot: 15
  • Meridian: SEC 07 TWN 26N RNG 01W
  • Municipality: OLIO
  • Latitude: 40.7282
  • Longitude: -89.2724

    Address

  • Full Address: 607 N Main St
  • Address - House Number: 607
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: IL
  • City Name: Eureka
  • Carrier Code: C002
  • 4-Digit Zip Code: 1071
  • Zip Code: 61530

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $206,826
  • Tax Rate Code Area: 14002

    Appraisal Valuation

  • Standard Deviation: 0.0883
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 92
  • Final Value: 27,558
  • High Value: 29,993
  • Low Value: 25,123

    Market Valuation

  • Market Total Value: $101,778
  • Market Land Value: $23,031
  • Market Improvement Value: $78,747

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,926
  • Assessed Land Value: $7,677
  • Assessed Improvements Value: $26,249

    Sales

  • Current Sale Contract Date: Dec 08, 2023
  • Current Sale Recording Date: Dec 11, 2023
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 4110
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 Woodford

Stats & Trends

Median Asking:

$201,500

Sale Price/ft²

$103

Below Asking

0.02%

Average Days on Market

43

Average Home Size

2148 ft²

Average Home Age

64.9 years

Currently For Sale

16 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: Matt Zenor, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11921064
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 607 North Main Street built and last sold?
The property at 607 North Main Street was built in 1900 and last sold on Dec 8, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 607 North Main Street is $0.
What are some comparable homes to 607 North Main Street?
There are currently no comparable homes to 607 North Main Street.
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