Property profile

16838 350 Rd Ridge Farm, IL 61870

OFF-MARKET
Land
2,195 SF 1.1 ac lot
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Property summary

AI-generated overview

This charming 3-bedroom, 1-bathroom home sits on a spacious 1.1-acre lot in the serene countryside just outside Ridge Farm, Illinois. Boasting 2,195 square feet, the property features a completely renovated kitchen, perfect for modern living, while the rest of the home retains its vintage character, offering a unique opportunity for personalization. The metal roof ensures durability and low maintenance, complemented by a convenient attached garage providing ample storage. While the main floor kitchen is updated, the upstairs requires some attention, presenting a fantastic opportunity for a buyer seeking a fixer-upper or a project to increase value. An unfinished area offers potential for a fourth bedroom, expanding the home's living space. The property is listed at an attractive price of $139,000, making it an exceptional value in this peaceful rural setting. The home's address is 16838 E 350 N Rd, Ridge Farm, IL 61870. This property combines the tranquility of country living with the potential for a comfortable and personalized home. The zip code is 61870, and the property is located in Vermilion County.

Property profile

Verified
Property type Land
Total area 2,195 SF
Lot 1.1 ac (47,916 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16838 350 Rd Ridge Farm, IL 61870
Ridge Farm metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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