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Oregon 61061
980 ILLINOIS Street
Photo of 980 ILLINOIS Street

2

Map

Photo of 980 ILLINOIS Street
$37,000
● Land - For Sale

980 ILLINOIS Street

Oregon, IL 61061
bedrooms
Studio
bathrooms
0 Bath
$190
Est. Monthly

About This Property

WHAT A VIEW! Come home to peaceful surroundings with your own hilltop, .65 acre buildable lot in Svoboda Woods. Offering magnificent views & the possibility of an exposed lower level, this lot is enhanced by beautiful & mature wooded surroundings. Making it an exceptional location for your dream home. You will enjoy having country charm with city convenience with historic, downtown Oregon, schools & parks just blocks away from your front door. City water/sewer available. Buy now so you can enjoy the Spring in your NEW HOME! City of Oregon offers reduced impact fees.
Unit Size
-
Days on Market
-
Land Size
0.65 acres
Price per sqft
-
Property Type
Land
Property Taxes
$7
HOA Dues
-
Year Built
-

Listed By

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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.

Property Highlights

Exterior Details
Lot Size Area: 28314
Lot Size Units: Square Feet
Lot Size Acres: 0.65
Lot Size Square Feet: 28314
Lot Size Dimensions: 219X150X179X138
Financial Details
Tax Annual Amount: $89

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: 28,314
  • 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
  • Subdivision: SURVEY OF SUBD
  • Land Acres: 0000000650
  • Standard Land Use Code: 8000
  • County Land Use Code: 0030
  • Legal Description 1: LOT 3 SVOBODA WOODS PHASE 1 SUB IN PT LOTS 2,9&10 IN SUB GOV LOT3 OF NE FRACL4 SEC 4-23-10 CITY OF OREGON BK 06-02324, SURVEY

Neighborhood

  • School District Name: Oregon Community Unit School District 220
  • Census Tract: 961400

Geography

  • District: 18
  • Subdivision Phase Number: E
  • Parcel: 16-04-231-003
  • Lot: 2-3,9
  • Meridian: SEC 04 TWN 23 RNG 10
  • Municipality: OREGON-NASHUA
  • Latitude: 42.0201
  • Longitude: -89.3394

    Address

  • Full Address: 980 Illinois St
  • Address - House Number: 980
  • Address - Street Name: Illinois
  • Address - Suffix Type: St
  • State: IL
  • City Name: Oregon
  • Carrier Code: C001
  • 4-Digit Zip Code: 1115
  • Zip Code: 61061

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,898
  • Tax Rate Code Area: 1840

    Market Valuation

  • Market Total Value: $2,298
  • Market Land Value: $2,298

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $766
  • Assessed Land Value: $766
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 Oregon

Stats & Trends

Median Asking:

$165,000

Sale Price/ft²

$118

Below Asking

0.02%

Average Days on Market

45

Average Home Size

1627 ft²

Average Home Age

88.4 years

Currently For Sale

8 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

Unit for rent at 709 Franklin Street, Oregon, IL, 61061

$2,500 /mo

  • 5 Beds
  • 4 Baths
  • 3,035 ft²
709 Franklin Street, Oregon, IL, 61061 Listing by Carla Benesh

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Rebecca Hazzard, RE/MAX of Rock Valley
Data Source: MRED, MLS# MRD12543575
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 980 Illinois Street built and last sold?
The property at 980 Illinois 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 980 Illinois Street is $37,370.
What are some comparable homes to 980 Illinois Street?
There are currently no comparable homes to 980 Illinois Street.
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