4 months on rocket

8118 Il Route 31, Richmond, IL, 60071

$769,000

Home List Price

$9,132*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,232 SqFt
$238/SqFt
House

Location

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8118 Il Route 31, Richmond$769,000

Buyer Closing Credits

$9,132*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1924
HeatingPropane, Forced Air
CoolingCentral Air, Zoned
BasementYes
MLS #12133847
Lot Size5.25 Acres
StatusActive

About 8118 Il Route 31

Updated Large, charming farmhouse with 4 bedrooms and 3.5 bathrooms sits on 5.25 acres. House has separate office for an at-home business and an attached 2 car garage. Two outbuildings, one large two-story barn 67x40 and one metal pole barn 44x44 which has its own office. Horses Allowed, access to snowmobiling trails. Possibilities are endless. House set back from the road with plenty of parking. 2 story barn sold in as-is condition

Property Details

Property Features

Property Information:

  • Architectural Style: Farmhouse
  • Year Built: 1924
  • Living Area: 3,232 SqFt

Listing Office:

  • Office Name: ByOwner.com
  • Office Phone: (800) 296-9637
  • Listing Agent: Kirk Bennett

Interior Features

Interior Information:

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Yes
  • Interior: Sauna/Steam Room, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Coffered Ceiling(s), Open Floorplan, Granite Counters, Separate Dining Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck, Porch, Porch Screened

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 8118 Il Route 31
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 5.25 Acres

Utilities

Utilities Information:

  • Heating: Propane, Forced Air
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: Route 31 across from Richmond Burton High School

Price Information

Listing Price Info

Price Summary:

  • List Price: $769,000
  • Price Per SqFt: $238/SqFt

Tax Information:

  • Annual Amount: $9,720
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$290K

Med. Price/SqFt

$165

Avg. Days On Market

6

# of Sold Homes

3

8118 Il Route 31 vs Richmond

135 DAYS ON ROCKET

+129 Days

$769,000

+$479K More

$238/SqFt

+$72 More

KEY TAKEAWAY

This property is $479K more than the Median Sold Price and $72/SqFt more than other homes in Richmond, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12133847

Listing Office:

  • Office Name: ByOwner.com
  • Office Phone: (800) 296-9637
  • Listing Agent: Kirk Bennett

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

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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.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 8:16:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 11, 2016Home Sold
$260,000
Dec 07, 2015Home Sold
$260,000

Tax History

YEARPROP. TAXASSESSMENT
2020$9,720$117,898
2019$9,629$114,110
2018$9,752$109,395
2017$9,753$104,176

History based on county public records data.

Payment Calculator

$3,906

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,372

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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.

Nearby Schools

school-card-donut-920352
6
/10
  • Richmond Grade School

  • 5815 Broadway St

  • 2.26 miles

  • Public District Grades PK-5

school-card-donut-920353
4
/10
  • Spring Grove Elementary School

  • 2018 Main Street Rd

  • 3.44 miles

  • Public District Grades PK-5

school-card-donut-920354
3
/10
  • Brookwood Elementary School

  • 630 Kossuth St

  • 4.07 miles

  • Public District Grades PK-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,158. The most common annual income of people living in Richmond, IL is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8118 Il Route 31

What is the listing price of this property?

The listing price of 8118 Il Route 31 property is $769,000.

What type of property is this?

The property 8118 Il Route 31 is a house located in Richmond, Illinois, 60071.

Is this property for sale now?

Active Listing: 8118 Il Route 31 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $9,720 (source: MLS/based on county public records data).

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

The last sale was on February 11, 2016 for $260,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8118 Il Route 31 has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 8118 Il Route 31 is 3,232 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8118 Il Route 31 is 1924.

Rocket HomesIllinoisMcHenry CountyRichmond600718118 Il Route 31

This home is located at 8118 Il Route 31 in Richmond, IL and zip code 60071. This 3,232 square foot home, which was built in 1924, sits on a 5.25 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 08, 2024 and is currently priced at $769,000.

While more than 0 listings in Richmond, IL in November 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below. The inventory of homes for sale in Richmond, IL between October 2024 and November 2024 increased by 17.6%. The median list price of listings available in November 2024 was $290,000, while the average time on the real estate market was 6 days.

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

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