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Whiteside 61252
6566 Lock Road
$58,000
● House - Off Market

6566 Lock Road

Fulton, IL 61252
bedrooms
2 Beds
bathrooms
1 Bath
square feet
882 Ft²
$611
Est. Monthly
10.12%
Cap Rate

About This Property

Country ranch home with two bedrooms, one bath with detached two car garage and two outbuildings (40x40 and 41x60). Two lots total just under 1 acre located right beside the Lock and Dam 13 entrance, seconds away from fishing and river life. Property being sold "AS IS". Back parcel where two buildings are is on a flood plain (see photo for reference).
Unit Size
882 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$85
Property Type
House
Property Taxes
$242
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 #11911336)

Price History

Date / Event Date Event Price
May 3, 2024 Sold
Premium
Sold
Oct 29, 2023 Listed by Kophamer & Blean Realty $75,000
Listed by Kophamer & Blean Realty

Property Highlights

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: 19,602
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • 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
  • Land Acres: 0000000450
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: 100 X 200 LOT W OF R RD SW SE SEC 11 TWP 22 RNG 3 MF 5042-78 4003X

Neighborhood

  • School District Name: River Bend Community Unit District 2
  • Census Tract: 000400

Geography

  • Account Number: 109693
  • District: 01
  • Parcel: 0111400011
  • Lot: W
  • Meridian: SEC 11 TWN 22N RNG 03E
  • Municipality: FULTON
  • Latitude: 41.9032
  • Longitude: -90.1213

    Address

  • Full Address: 6566 Lock Rd
  • Address - House Number: 6566
  • Address - Street Name: Lock
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Fulton
  • Carrier Code: R215
  • 4-Digit Zip Code: 9733
  • Zip Code: 61252

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $192,382
  • Tax Rate Code Area: 00120

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 67,026
  • High Value: 85,070
  • Low Value: 48,982

    Market Valuation

  • Market Total Value: $83,124
  • Market Land Value: $6,012
  • Market Improvement Value: $77,112

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,708
  • Assessed Land Value: $2,004
  • Assessed Improvements Value: $25,704
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 Whiteside

Stats & Trends

Median Asking:

$154,900

Sale Price/ft²

$111

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1657 ft²

Average Home Age

79.5 years

Currently For Sale

125 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: Amanda Cook, Kophamer & Blean Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11911336
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 6566 Lock Road built and last sold?
The property at 6566 Lock Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 6566 Lock Road is $77,355.
What are some comparable homes to 6566 Lock Road?
There are currently no comparable homes to 6566 Lock Road.
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