For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Mercer 61486
807 283RD Street
$285,000
● House - Off Market

807 283RD Street

Viola, IL 61486
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,372 Ft²
$585,751
RealtyHop Estimate
101.98%
Since Aug 1, 2004
National-US
Primary Model

About This Property

20 ACRE HORSE FARM WITH 10 STALL HORSE BARN AND INDOOR & OUTDOOR ARENAS. 3BR RANCH HOME WITH FINISHED BASEMENT, 2 CAR ATTACHED GARAGE & 15X16 DECK. TMI HOME WARRANTY. 20 ACRE HORSE FARM WITH 10 STALL HORSE BARN, INDOOR & OUTDOOR ARENAS, 3BR
Unit Size
2,372 Ft²
Days on Market
-
Land Size
20.18 acres
Price per sqft
$122
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
-

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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

Garage
Air Conditioning

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: 879,041
  • 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: 0000020180
  • Standard Land Use Code: 1008
  • County Land Use Code: 0011
  • Legal Description 1: S30 T14N R1W N 660 W1/2 OF NE1/4

Neighborhood

  • School District Name: Sherrard Community Unit School District 200
  • Census Tract: 040400

Geography

  • District: 12
  • Parcel: 121230200012
  • Meridian: SEC 30 TWN 14N RNG 01W
  • Municipality: RIVOLI
  • Latitude: 41.18
  • Longitude: -90.5396

    Address

  • Full Address: 807 283rd St
  • Address - House Number: 807
  • Address - Street Name: 283rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Viola
  • Carrier Code: R005
  • 4-Digit Zip Code: 9541
  • Zip Code: 61486

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $709,506
  • Tax Rate Code Area: 12001

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 66
  • Final Value: 381,110
  • High Value: 473,196
  • Low Value: 289,025

    Market Valuation

  • Market Total Value: $307,341
  • Market Land Value: $18,285
  • Market Improvement Value: $289,056

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $102,447
  • Assessed Land Value: $6,095
  • Assessed Improvements Value: $96,352

    Sales

  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 000000343987
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 Mercer

Stats & Trends

Median Asking:

$165,000

Sale Price/ft²

$102

Below Asking

0.02%

Average Days on Market

67

Average Home Size

1486 ft²

Average Home Age

98.7 years

Currently For Sale

28 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

Click here to view more rentals in the neighborhood.
MRED

Listed by: Charles Burns, MEL FOSTER CO VIOLA
Data Source: MRED, MLS# MRDQC4057775
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 807 283rd Street built and last sold?
The property at 807 283rd Street 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 807 283rd Street is $0.
What are some comparable homes to 807 283rd Street?
There are currently no comparable homes to 807 283rd Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Rivoli Homes for Sale
Rivoli Houses for Sale
Rivoli Homes with Basements
Rivoli Homes with Pools
Rivoli Homes with Parking
Rivoli Homes with Garages
Rivoli Homes with a View
Rivoli Homes with Guest House
Nearby Cities
Sherrard Homes for Sale
Matherville Homes for Sale
Windsor Homes for Sale
Viola Homes for Sale
Alpha Homes for Sale
Alexis Homes for Sale
Rio Homes for Sale
North Henderson Homes for Sale
Nearby Property Records
Mercer County, IL Property Records
Rock Island County, IL Property Records
Warren County, IL Property Records
Henry County, IL Property Records
Knox County, IL Property Records
Scott County, IA Property Records
Henderson County, IL Property Records
Muscatine County, IA Property Records
Nearby Counties
Richland Grove Homes for Sale
Preemption Homes for Sale
Greene Homes for Sale
Oxford Homes for Sale
Lynn Homes for Sale
Suez Homes for Sale
North Henderson Homes for Sale
Rio Homes for Sale
Top Real Estate Agents
Top Agents in Rivoli
Top Agents in 61281
Top Agents in Richland Grove
Top Agents in Preemption
Top Agents in Sherrard
Top Agents in Greene
Top Agents in 61465
Top Agents in 61486