$195,000
●
Commercial -
Off Market
952 Harmon Road
Harmon, IL 61042
Studio
0 Bath
$222,903
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
WHEN OPPORTUNITY KNOCKS, BE SURE TO ANSWER THE DOOR! THIS IS
ONE OPPORTUNITY YOU WILL NOT WANT TO MISS OUT ON! GREAT CASH
FLOW WITH STEADY RENTALS! SIX APARTMENTS! ALL TWO
BEDROOMS WITH ALL KITCHEN APPLIANCES INCLUDED. LAUNDRY
FACILITIES ARE IN UNIT WITH WASHER/DRYER HOOK-UP!
APPROXIMATELY 900 SQ. FT. EACH. ALL ELECTRIC (TENANT
PAYS - INCLUDES HEAT AND A/C) WATER AND GARBAGE INCLUDED IN
RENTAL PRICE! HUGE GREENSPACE FOR OUTDOOR ACTIVITIES AND
ENTERTAINMENT! AMPLE PARKING PLUS CARPORT. BRAND
NEW ROOF IN 2020! PLAN FOR YOUR FUTURE TODAY - A PROVEN AND
SUCCESSFUL MULTI-FAMILY BUILDING! SPRING BRINGS NEW LIFE INTO
THE WORLD AROUND US. TAKE ADVANTAGE OF THIS CHANCE AT A NEW
LIFE! MAKE AN APPOINTMENT TODAY!
Unit Size
-
Days on Market
-
Land Size
0.91 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$424
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 #11163348)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 9, 2021 | Sold | ||
| Sold | |||
| Jul 21, 2021 | Listed by RE/MAX All Pro - Sugar Grove | $199,900 | |
| Listed by RE/MAX All Pro - Sugar Grove | |||
Property Highlights
Air Conditioning
Exterior Details
Parcel Number: 10131410001000
Property Type: Commercial Sale
Year Built: 1918
Building Area Total: 8640
Construction Methods: Brick
Lot Size Acres: 0.91
Lot Size Square Feet: 39468
Lot Size Dimensions: 189.75X208
Financial Details
Tax Year: 2019
Tax Annual Amount: $5,093
Utilities Details
Cooling: Window Unit(s)
Location Details
Township: Harmon
Directions: RT 26 South to RT 30. Turn right on RT 30 Harmon Rd is on left.
County or Parish: Lee
Other Details
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/24/2021
| |
Loft
|
-
|
-
|
$209,900
Loft
-
|
-
-
|
Melissa Garcia
James M. Solnes
|
|
02/29/2020
| |
Loft
|
-
|
-
|
$179,900
Loft
-
|
-
-
|
-
|
|
06/28/2019
| |
Studio
|
-
|
-
|
$189,900
Studio
-
|
-
-
|
-
|
Building Info
About Lee
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Listed by: Melissa Garcia, RE/MAX All Pro - Sugar Grove
Last Updated: 3 years ago
Data Source: MRED, MLS# 11163348
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11163348
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