Welcome to Red Oak Lane in the Big Timber Subdivision. Big Timber subdivision has only 1 road with low traffic. It is zoned for R-2 Single Family Residence and is fully surrounded by Agricultural Zoning. The lots in the subdivision are greater than 1/2 acre and require a private well and septic system. The back and sides of the lot are lined with nice sized evergreen trees adding to the charm and appeal of the lot. A new house was built in this subdivision last year and you could be the next to enjoy the ambiance of this setting.
Property Details
Property Features
Listing Office:
Office Name: RE/MAX of Rock Valley
Office Phone: (815) 732-9100
Listing Agent: Lori Peterson
Lot Features
Lot Information:
Lot Size: 0.63 Acres
Other
Directions Information:
Directions: From RT 64 turn North onto Chana Rd, then 1st right onto Red Oak Lane
Price Information
Listing Price Info
Price Summary:
List Price: $24,000
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: MRED
MLS Number: #12191283
Listing Office:
Office Name: RE/MAX of Rock Valley
Office Phone: (815) 732-9100
Listing Agent: Lori Peterson
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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.
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.
DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$187
Per Month
Principal & Interest
$120
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$138
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Oregon Elementary School
1150 Jefferson St
Distance between this listing and this school6.40 miles
Public District Grades PK-6
6
/10
Mary Morgan Elementary School
420 N Colfax St
Distance between this listing and this school8.74 miles
Public District Grades PK-5
5
/10
Tilton Elementary School
1050 N 9th St
Distance between this listing and this school9.24 miles
Public District Grades 4-5
Nearby Schools
6
/10
Kings Elementary School
100 1st St
Distance between this listing and this school5.86 miles
Public District Grades KG-8
5
/10
Meridian Jr High School
207 W Main St
Distance between this listing and this school7.24 miles
Public District Grades 6-8
6
/10
Byron Middle School
325 N Colfax St
Distance between this listing and this school8.69 miles
Public District Grades 6-8
Nearby Schools
8
/10
Oregon High School
210 S 10th St
Distance between this listing and this school6.27 miles
Public District Grades 9-12
6
/10
Stillman Valley High School
425 S Pine St
Distance between this listing and this school6.85 miles
Public District Grades 9-12
4
/10
Rochelle Township High School
1401 Flagg Rd
Distance between this listing and this school8.53 miles
The neighbors living near this home have an average income of $69,207. Residents of Ogle County, IL typically earn between $35k-100k each year. Most families are married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 481 S Red Oak Ln
What is the listing price of this property?
The listing price of 481 S Red Oak Ln property is $24,000.
What type of property is this?
The property 481 S Red Oak Ln is land located in Chana, Illinois, 61015.
Is this property for sale now?
Active Listing: 481 S Red Oak Ln is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 481 S Red Oak Ln in Chana, IL and zip code 61015. This home sits on a 0.63 acre lot. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $24,000.
While more than 11 listings in Ogle County, IL in November 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 14 were sold below. In November 2024 in Ogle County, IL there were 4% less homes for sale than in October 2024. While the average time on the market in November 2024 was 29 days, the median list price was $199,900.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved. 
Hunting
Hunting
NASCAR
Figure Skating
Dillards
Dick's Sporting Goods
Bass Pro Shops
Cracker Barrel
Texas Roadhouse
Hardee's
Cadillac
Subaru
GMC
News/Talk/Information
New Country
Classic Country