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Aurora 60505 Southeast Aurora
1114 douglas Avenue
$197,000
● House - Off Market

1114 douglas Avenue

Aurora, IL 60505
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,025 Ft²
$1,174
Est. Monthly
16.67%
Cap Rate

About This Property

Welcome home to this adorable 3 bedroom 2 bathroom single family home in Aurora featuring a detached 2 car garage and shed. Perfect starter home. Being sold as-is and all offers due by Sunday, February 11 at 9pm CST.
Unit Size
1,025 Ft²
Days on Market
-
Land Size
-
Price per sqft
$166
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1989

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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: 3 years ago (MRED MLS #11974616)

Price History

Date / Event Date Event Price
Feb 26, 2024 Sold
Premium
Sold
Feb 5, 2024 Listed by Core Realty & Investments, Inc $170,000
Listed by Core Realty & Investments, Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,400
  • Total Building Area: 1,764
  • Gross Building Area: 1,764
  • Building Area: 1,188
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,188
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: H H EVANS 5TH ADD
  • Land Acres: 0000000193
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: H H EVANS 5TH ADD: LOT 4 BLK 8 & PT VAC

Neighborhood

  • School District Name: Aurora East Unit School District 131
  • Census Tract: 854100

Geography

  • Parcel: 15-34-151-034
  • Block: 8
  • Lot: 4
  • Municipality: AURORA
  • Latitude: 41.7347
  • Longitude: -88.3198

    Address

  • Full Address: 1114 Douglas Ave
  • Address - House Number: 1114
  • Address - Street Name: Douglas
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Aurora
  • Carrier Code: C081
  • 4-Digit Zip Code: 5505
  • Zip Code: 60505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $406,620
  • Tax Rate Code Area: AU021

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 232,672
  • High Value: 272,416
  • Low Value: 192,929

    Market Valuation

  • Market Total Value: $178,625
  • Market Land Value: $24,796
  • Market Improvement Value: $153,830

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,518
  • Assessed Land Value: $8,262
  • Assessed Improvements Value: $51,256

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 26, 2024
  • Current Sale Recording Date: Feb 29, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6560
  • Previous Sale Recording Date: May 27, 2005
  • Previous Sale Contract Date: Apr 29, 2005
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: 71
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 Southeast Aurora

Stats & Trends

Median Asking:

$264,950

Sale Price/ft²

$201

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1137 ft²

Average Home Age

90.3 years

Currently For Sale

5 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 532 Heritage Drive, Oswego, IL, 60543

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,350 ft²
532 Heritage Drive, Oswego, IL, 60543 Listing by Abhijit Leekha

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Julianne Conroy, Core Realty & Investments, Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11974616
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 1114 Douglas Avenue built and last sold?
The property at 1114 Douglas Avenue was built in 1989 and last sold on Feb 26, 2024 for $410,000.
How much is this home worth?
The estimated value of the home located at 1114 Douglas Avenue is $173,112.
What are some comparable homes to 1114 Douglas Avenue?
There are currently no comparable homes to 1114 Douglas Avenue.
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