3 months on rocket

10715 Commercial St, Richmond, IL, 60071

$220,000

Home List Price

$2,613*

Closing Credit

4 Bedrooms
2 Baths
House

Location

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10715 Commercial St, Richmond$220,000

Buyer Closing Credits

$2,613*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingOff Street
Year Built1950
HeatingNatural Gas, Forced Air
BasementYes
MLS #12120299
Lot Size0.15 Acres
StatusActive

About 10715 Commercial St

Great property for either an investor or an owner occupant at an affordable price and POSITIVE CASH FLOW!! Two side by side large two bedroom apartments each with their own laundry. The building is on village water and sewer and is located walking distance to downtown Richmond shopping district, shops and restaurants. Backs up to bike path. Tenants responsible for their own gas, electric and garbage. The owner pays for water and sewer. Many recent improvements include newer furnaces within 5 years and a new roof in 2015. Low rents with upside potential. Fantastic opportunity!!! Keep as investment property, live in 1, rent out other or convert to 4 br 2 bath home. either way a great deal!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1950

Listing Office:

  • Office Name: RE/MAX Plaza
  • Office Phone: (815) 385-6770
  • Listing Agent: Heidi Peterson

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

  • Richmond-Burton High School, Public District Grades 9-12
  • Nippersink Middle School, Public District Grades 6-8
  • Richmond Grade School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Route 12 to Route 173 east one block to Commercial St. then north to address

Price Information

Listing Price Info

Price Summary:

  • List Price: $220,000

Tax Information:

  • Annual Amount: $3,951
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Richmond, IL.

Med. Sold Price

$295K

Med. Price/SqFt

$164

Avg. Days On Market

13

# of Sold Homes

4

10715 Commercial St vs Richmond

98 DAYS ON ROCKET

+85 Days

$220,000

-$75K Less

KEY TAKEAWAY

This property is $75K less than the Median Sold Price in Richmond, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12120299

Listing Office:

  • Office Name: RE/MAX Plaza
  • Office Phone: (815) 385-6770
  • Listing Agent: Heidi Peterson

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/4/2024, 11:45:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 29, 2019Home Sold
$115,000
Aug 19, 2005Home Sold
$164,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,951$41,404
2019$4,110$42,073
2018$4,176$40,334
2017$4,176$38,409

History based on county public records data.

Payment Calculator

$1,166

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$726

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1866004
6
/10
  • Richmond Grade School

  • 5815 Broadway St

  • 0.54 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1866005
8
/10
  • Nippersink Middle School

  • 10006 N Main St

  • 0.73 miles

  • Public District Grades 6-8

High School

school-card-donut-1866006
5
/10
  • Richmond-Burton High School

  • 8311 Il Route 31

  • 2.46 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,678. The most common annual income of people living in Richmond, IL is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10715 Commercial St

What is the listing price of this property?

The listing price of 10715 Commercial St property is $220,000.

What type of property is this?

The property 10715 Commercial St is a house located in Richmond, Illinois, 60071.

Is this property for sale now?

Active Listing: 10715 Commercial St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 10715 Commercial St are:
Richmond Grade School: GreatSchools Rating 6/10
Nippersink Middle School: GreatSchools Rating 8/10
Richmond-Burton High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,951 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 29, 2019 for $115,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 10715 Commercial St has 4 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 10715 Commercial St is 1950.

Rocket Homes›Illinois›McHenry County›Richmond›60071›10715 Commercial St

This home is located at 10715 Commercial St in Richmond, IL and zip code 60071 in the Village of Richmond neighborhood. This home, which was built in 1950, sits on a 0.15 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 29, 2024 and is currently priced at $220,000.

Over 2 listings were sold over their listed price in October 2024 in Richmond, IL. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price. The number of listings in Richmond, IL increased by 31.3% between September 2024 and October 2024. Listings spent 13 days on the market in October 2024, and had a median list price of $295,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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