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Spring Valley 61362
113 W 3RD Street
$64,050
● House - Off Market

113 W 3RD Street

Spring Valley, IL 61362
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,475 Ft²
$68,933
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Oozing with cottage curb appeal, this brick beauty has stood the test of time.  Lots of modern features and hardwood floors too! REO PROPERTY SOLD AT ONLINE AUCTION WITH RESERVE. A 5% buyer's premium is added to offer price. Property will bring what market bears. Seller DOES NOT ACTIVATE UTILITIES. Buyer should inspect, and confirm all listing information prior to making offer. Water cannot be turned on for any reason. Property sold "AS-IS" without contingencies, repairs, warranties, guarantees.
Unit Size
1,475 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$46
Property Type
House
Property Taxes
$267
HOA Dues
-
Year Built
-

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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.

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • 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: 8,000
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 500
  • Total Building Area: 0
  • Building Area: 0

    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: OBIERNES 3RD ADD
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: SPRING VALLEY-OBIERNES 3RD ADD. L 4 BLK 121 (50 X 160) D 22-2009

Neighborhood

  • School District Name: Spring Valley Community Consolidated School District 99
  • Census Tract: 965100

Geography

  • Account Number: 1834280005
  • District: 18
  • Parcel: 18-34-280-005
  • Block: 121
  • Meridian: SEC 34 TWN 16 RNG 11
  • Municipality: HALL
  • Latitude: 41.3304
  • Longitude: -89.2007

    Address

  • Full Address: 113 W 3rd St
  • Address - House Number: 113
  • Street Direction: W
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Spring Valley
  • Carrier Code: C003
  • 4-Digit Zip Code: 1414
  • Zip Code: 61362

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $334,296
  • Tax Rate Code Area: 18005

    Appraisal Valuation

  • Standard Deviation: 0.1317
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 85
  • Final Value: 144,162
  • High Value: 163,160
  • Low Value: 125,165

    Market Valuation

  • Market Total Value: $89,052
  • Market Land Value: $10,902
  • Market Improvement Value: $78,150

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $29,684
  • Assessed Land Value: $3,634
  • Assessed Improvements Value: $26,050

    Sales

  • Current Sale Contract Date: Nov 03, 2023
  • Current Sale Recording Date: Nov 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3704
  • Previous Sale Recording Date: Dec 21, 2021
  • Previous Sale Contract Date: Dec 16, 2021
  • Previous Sale Document Type: 64
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 Spring Valley

Stats & Trends

Median Asking:

$149,500

Sale Price/ft²

$116

Below Asking

0.05%

Average Days on Market

57

Average Home Size

1303 ft²

Average Home Age

93.1 years

Currently For Sale

9 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

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MRED

Listed by: Lori Brown, REALHome Services and Solutions, Inc.
Data Source: MRED, MLS# MRDQC4229226
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 113 West 3rd Street built and last sold?
The property at 113 West 3rd Street was built in and last sold on Nov 3, 2023 for $153,000.
How much is this home worth?
The estimated value of the home located at 113 West 3rd Street is $0.
What are some comparable homes to 113 West 3rd Street?
There are currently no comparable homes to 113 West 3rd Street.
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