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LaSalle 61301
1038 Wright Street
$95,000
● House - Off Market

1038 Wright Street

Lasalle, IL 61301
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,005 Ft²
$745
Est. Monthly

About This Property

Move right into this neat 2 bedroom in north LaSalle. Great starter, retirement or rental property. With updated Laminate flooring and carpeting throughout, new vinyl siding, roof, furnace, bath & kitchen. Main level laundry, sunny deck off rear of house, off street parking for 1 car and not far from restaurants and shopping.
Unit Size
1,005 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$99
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1893

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1893
  • Effective Year Built: 1893
  • Building Count: 2
  • 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: 1,742
  • Total Building Area: 1,005
  • Gross Building Area: 1,005
  • Building Area: 1,005
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LASALLE (ORIGINAL TOWN) SUB OF BLK 9
  • Land Acres: 0000000040
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: TOWN OF LA SALLE, S40' LT 6 BLK 9 SEC 15-33-1

Neighborhood

  • School District Name: LaSalle-Peru Township High School District 120
  • Census Tract: 962900

Geography

  • District: LS
  • Parcel: 18-15-105-013
  • Block: 9
  • Lot: 6
  • Meridian: SEC 15 TWN 33 RNG 01
  • Municipality: LASALLE TOWNSHIP
  • Latitude: 41.3383
  • Longitude: -89.0996

    Address

  • Full Address: 1038 Wright St
  • Address - House Number: 1038
  • Address - Street Name: Wright
  • Address - Suffix Type: St
  • State: IL
  • City Name: La Salle
  • Carrier Code: C004
  • 4-Digit Zip Code: 1839
  • Zip Code: 61301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $266,968
  • Tax Rate Code Area: LS004

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 84,552
  • High Value: 96,063
  • Low Value: 73,040

    Market Valuation

  • Market Total Value: $77,169
  • Market Land Value: $3,126
  • Market Improvement Value: $74,043

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,723
  • Assessed Land Value: $1,042
  • Assessed Improvements Value: $24,681

    Sales

  • Current Sale Contract Date: Nov 21, 2013
  • Current Sale Recording Date: Dec 04, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2013-26839

    Financing

  • First Mortgage Financing Type: VAR
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 LaSalle

Stats & Trends

Median Asking:

$149,900

Sale Price/ft²

$112

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1371 ft²

Average Home Age

91.4 years

Currently For Sale

18 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 1402 5th Street, LaSalle, IL, 61301

$1,295 /mo

  • 1 Bed
  • 1 Bath
  • 1,000 ft²
1402 5th Street #1402, LaSalle, IL, 61301 Listing by Delores Barrera
Unit for rent at 959 9th Street, LaSalle, IL, 61301

$850 /mo

  • 2 Beds
  • 1 Bath
  • 960 ft²
959 9th Street #BACK, LaSalle, IL, 61301 Listing by Thomas Templeton

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Bonnie Lester, Coldwell Banker Today's, Realtors
Data Source: MRED, MLS# MRD12521418
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 1038 Wright Street built and last sold?
The property at 1038 Wright Street was built in 1893 and last sold on Nov 21, 2013 for $40,000.
How much is this home worth?
The estimated value of the home located at 1038 Wright Street is $102,950.
What are some comparable homes to 1038 Wright Street?
There are currently no comparable homes to 1038 Wright Street.
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