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Marseilles 61341
1001 Bratton Avenue
$260,000
● House - Off Market

1001 Bratton Avenue

Marseilles, IL 61341
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,968 Ft²
$260,436
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Welcome to your spacious and beautiful property! Move-in condition tri-level featuring 3 bedrooms and 4th bedroom in lower level.  Home is situated on almost a half-acre fenced backyard lot.  New windows, new furnace, and a concrete 40 X 20 patio and backyard pool.  Walk into an open floor plan on main level with living room showcasing a wood burning fireplace.  Large kitchen with plenty of cabinet space, island and spacious eating area.  Family room in lower level adds to the functionality of the home. Make this beautiful property your home today! The seller is offering a one-year home warranty that covers Heating & Cooling System, Electrical Systems, Plumbing Systems  and Rekey Service. Property being sold As-is. ( Showings will start on 04/27/23)
Unit Size
1,968 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$132
Property Type
House
Property Taxes
$272
HOA Dues
-
Year Built
1976

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MRED MLS #11755745)

Price History

Date / Event Date Event Price
Jun 7, 2023 Sold
Premium
Sold
Apr 10, 2023 Listed by NextHome Reach Your Dream $260,000
Listed by NextHome Reach Your Dream

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 2,184
  • Gross Building Area: 2,184
  • Building Area: 2,184
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,184
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARSEILLES HOME DEV CORP RESUB OF W 1/2
  • Land Acres: 0000000460
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: MARSEILLES HOME DEV RESUB LOT 1

Neighborhood

  • School District Name: Miller Township Community Consolidated School District
  • Census Tract: 962400

Geography

  • District: MA
  • Parcel: 24-07-306-012
  • Lot: 1
  • Municipality: MANLIUS TOWNSHIP
  • Latitude: 41.3398
  • Longitude: -88.7015

    Address

  • Full Address: 1001 Bratton Ave
  • Address - House Number: 1001
  • Address - Street Name: Bratton
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Marseilles
  • Carrier Code: R004
  • 4-Digit Zip Code: 1003
  • Zip Code: 61341

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: MA005

    Appraisal Valuation

  • Standard Deviation: 0.2713
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 265,785
  • High Value: 337,906
  • Low Value: 193,665

    Market Valuation

  • Market Total Value: $127,071
  • Market Land Value: $18,267
  • Market Improvement Value: $108,804

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,357
  • Assessed Land Value: $6,089
  • Assessed Improvements Value: $36,268

    Sales

  • Current Sale Contract Date: Jun 06, 2023
  • Current Sale Recording Date: Jun 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-05430
  • Previous Sale Recording Date: Oct 26, 2015
  • Previous Sale Contract Date: Oct 22, 2015
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Marseilles

Stats & Trends

Median Asking:

$166,500

Sale Price/ft²

$129

Below Asking

0.02%

Average Days on Market

49

Average Home Size

35803 ft²

Average Home Age

90.1 years

Currently For Sale

11 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 555 W Bluff Street, Marseilles, IL, 61341

$1,049 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
555 W Bluff Street, Marseilles, IL, 61341 Listing by Chris Czarnowski
Unit for rent at 1016 Bratton Avenue, Marseilles, IL, 61341

$830 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
1016 Bratton Avenue #5, Marseilles, IL, 61341 Listing by Chris Czarnowski

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Daniel Galvan, NextHome Reach Your Dream
Last Updated: 2 years ago
Data Source: MRED, MLS# 11755745
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. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1001 Bratton Avenue built and last sold?
The property at 1001 Bratton Avenue was built in 1976 and last sold on Jun 6, 2023 for $260,000.
How much is this home worth?
The estimated value of the home located at 1001 Bratton Avenue is $264,153.
What are some comparable homes to 1001 Bratton Avenue?
There are currently no comparable homes to 1001 Bratton Avenue.
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