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Big Rock 60511
7S155 Mary Drive
$110,000
● Land - Off Market

7S155 Mary Drive

Big Rock, IL 60511
bedrooms
Studio
bathrooms
0 Bath
$129,239
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

*******DO NOT ENTER BUILDINGS!*****  THIS IS A COMPLETE TEAR DOWN.  LAND MUST BE CLEARED.  GORGEOUS ROLLING LANDS TUCKED AWAY IN A QUIET SETTING.  LAND ALREADY HAS ELECTRIC, SEPTIC AND WATER UTILITIES ON THE PROPERTY. BRING YOUR  IMAGINATION, THIS BEAUTIFUL PIECE OF LAND COULD BE YOUR PRIVATE OASIS! CLOSE TO I-88.
Unit Size
-
Days on Market
-
Land Size
4.63 acres
Price per sqft
-
Property Type
Land
Property Taxes
$402
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 #11368206)

Price History

Date / Event Date Event Price
Aug 5, 2022 Sold
Premium
Sold
Jun 15, 2022 Listed by Baird & Warner $125,000
Listed by Baird & Warner

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: 114,998
  • 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
  • Land Acres: 0000002640
  • Standard Land Use Code: 8000
  • County Land Use Code: 0030
  • State Land Use Code: 0030
  • Legal Description 1: PT N 1/2 OF SEC 23-38-6 AS DESC IN 2003K196996 (EX AS DESC IN DOC 2007K059827) SHERIFFS DEED

Neighborhood

  • School District Name: Hinckley-Big Rock Community Unit School District 429
  • Census Tract: 852403

Geography

  • Parcel: 13-23-251-048
  • Meridian: SEC 23 TWN 38 RNG 06
  • Municipality: BIG ROCK
  • Latitude: 41.7625
  • Longitude: -88.5167

    Address

  • Full Address: 7s155 Mary Dr
  • Address - House Number: 7s155
  • Address - Street Name: Mary
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Big Rock
  • Zip Code: 60511

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $201,768
  • Tax Rate Code Area: BR006

    Market Valuation

  • Market Total Value: $82,914
  • Market Land Value: $82,914

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,627
  • Assessed Land Value: $27,627
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 Big Rock

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$154

Above Asking

0.00%

Average Days on Market

45

Average Home Size

2161 ft²

Average Home Age

38 years

Currently For Sale

1 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: Kelly Michelson, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11368206
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 7S155 Mary Drive built and last sold?
The property at 7S155 Mary Drive 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 7S155 Mary Drive is $126,250.
What are some comparable homes to 7S155 Mary Drive?
There are currently no comparable homes to 7S155 Mary Drive.
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