1151 Fuller St Morrisonville, IL 62546
DIVISION II - RESIDENCE (R-1 AND R-2) ZONE DISTRICTS 1-5-10 PREAMBLE. The purpose of the Residence Districts is to provide an area for residential uses and those public and semi -public uses normally considered an integral part of the residential neighborhood they serve. 1-5-11 PERMITTED USES IN THE R-1 ZONE DISTRICT. The following uses are permitted in the…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
R-2 · Morrisonville, ILDIVISION II - RESIDENCE (R-1 AND R-2) ZONE DISTRICTS 1-5-10 PREAMBLE. The purpose of the Residence Districts is to provide an area for residential uses and those public and semi -public uses normally considered an integral part of the residential neighborhood they serve. 1-5-11 PERMITTED USES IN THE R-1 ZONE DISTRICT. The following uses are permitted in the R-1 District. Single-family and two-family residence dwellings, leasing of rooms to not more than two (2) families. Manufactured homes. Home agricultural uses including nurseries and raising of farm products (not to include livestock or sale of products on premises). Private swimming pools appurtenant to a one-family dwelling on the same lot when the swimming pool or the property on which it is located is adequately fenced with gate and lock to prevent access of small children and meets all applicable health and sanitary requirements and state law. Accessory buildings and uses. Unlighted real estate signs, nonconforming business use signs, and public building or church sign or bulletin boards pertaining to the property on which they are placed and not having over twelve (12) square feet of sign area. 1-5-12 PERMITTED USES IN THE R-2 ZONE DISTRICT. The following uses are permitted in the R-2 District. Any use permitted in the R-1 District. Multiple-family dwelling, tourist homes and lodging uses with accommodations for not more than fifteen (15) persons. 1-5-13 SPECIAL USES. The following uses may be permitted in the R-1 and
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.