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Virgil 60151
6N125 Meredith Road
$350,000
● House - Off Market

6N125 Meredith Road

Maple Park, IL 60151
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,710 Ft²
$352,624
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

This incredible 17.8 acre property contains 15.26 acres detailed as cropland and the other 2+ acres contain a lovely barn, shed, and small homesite.  Located at the corner of Rt 64 and Meredith Road, the property is perfect for a nursery or farming.
Unit Size
1,710 Ft²
Days on Market
-
Land Size
17.78 acres
Price per sqft
$205
Property Type
House
Property Taxes
$381
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 #11375337)

Price History

Date / Event Date Event Price
May 9, 2022 Sold
Premium
Sold
Apr 12, 2022 Listed by Coldwell Banker Realty $349,900
Listed by Coldwell Banker Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • 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: 8
  • Basement Area: 564
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 774,497
  • Total Building Area: 1,710
  • Gross Building Area: 1,710
  • Building Area: 1,146
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,146
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000017780
  • Standard Land Use Code: 1000
  • County Land Use Code: 0011
  • State Land Use Code: 0011

Neighborhood

  • School District Name: Kaneland Community Unit School District 302
  • Census Tract: 852403

Geography

  • Parcel: 07-10-452-007
  • Lot: 7
  • Municipality: VIRGIL
  • Latitude: 41.955
  • Longitude: -88.5367

    Address

  • Full Address: 6n125 Meredith Rd
  • Address - House Number: 6n125
  • Address - Street Name: Meredith
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Maple Park
  • Carrier Code: R014
  • 4-Digit Zip Code: 8321
  • Zip Code: 60151

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $496,798
  • Tax Rate Code Area: VI038

    Appraisal Valuation

  • Standard Deviation: 0.1417
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 267,404
  • High Value: 305,306
  • Low Value: 229,503

    Market Valuation

  • Market Total Value: $156,888
  • Market Land Value: $113,010
  • Market Improvement Value: $43,878

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,275
  • Assessed Land Value: $37,655
  • Assessed Improvements Value: $14,620

    Sales

  • Current Sale Contract Date: May 09, 2022
  • Current Sale Recording Date: May 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 26465
  • Previous Sale Recording Date: Sep 17, 2014
  • Previous Sale Contract Date: Sep 03, 2014
  • Previous Sale Amount: $153,500
  • 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 Virgil

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

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MRED

Listed by: Brian Bertoia, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11375337
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 6N125 Meredith Road built and last sold?
The property at 6N125 Meredith Road was built in 1900 and last sold on May 9, 2022 for $335,000.
How much is this home worth?
The estimated value of the home located at 6N125 Meredith Road is $0.
What are some comparable homes to 6N125 Meredith Road?
There are currently no comparable homes to 6N125 Meredith Road.
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