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Genoa 60135 Oak Park
116 A Street
$172,500
● House - Off Market

116 A Street

Genoa, IL 60135
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,206 Ft²
$1,286
Est. Monthly
13.54%
Cap Rate

About This Property

Charming 3-bedroom, 1-bathroom home in Genoa, Illinois, perfect as a starter home or investment opportunity! While it needs a little TLC, this property boasts a newer furnace, wood laminate flooring, and a first-floor bedroom for added convenience. Enjoy the outdoors on the backyard deck or take advantage of the 1-car garage for storage or parking. Located in a prime spot close to schools, parks, and downtown, you can even walk to the middle school! Whether you're ready to roll up your sleeves or looking for a rental-ready investment, this home, sold AS IS, offers incredible potential at a great price. Don't miss this opportunity to own in a desirable area!
Unit Size
1,206 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$145
Property Type
House
Property Taxes
$426
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.

Last updated: 2 years ago (MRED MLS #12255903)

Price History

Date / Event Date Event Price
Feb 21, 2025 Sold
Premium
Sold
Jan 28, 2025 In contract -
In contract
Jan 22, 2025 Price Decreased $174,900
↓ $5K (2.8%)
Price Decreased
Dec 13, 2024 Listed by One Source Realty $179,900
Listed by One Source Realty

Property Highlights

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
  • Living Units: 1
  • 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: 7,500
  • Lot Size Depth Feet: 1,500
  • 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: OAK PARK ADDITION
  • Land Acres: 0000000172
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: OAK PARK ADDITION - LOT 5 BLOCK 2

Neighborhood

  • School District Name: Genoa-Kingston Community Unit School District 424
  • Census Tract: 000100

Geography

  • Account Number: 0319305005
  • District: GE
  • Parcel: 03-19-305-005
  • Block: 2
  • Lot: 5
  • Municipality: GENOA
  • Latitude: 42.1002
  • Longitude: -88.7009

    Address

  • Full Address: 116 A St
  • Address - House Number: 116
  • Address - Street Name: A
  • Address - Suffix Type: St
  • State: IL
  • City Name: Genoa
  • Carrier Code: C002
  • 4-Digit Zip Code: 1003
  • Zip Code: 60135

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $462,126
  • Tax Rate Code Area: GE06

    Appraisal Valuation

  • Standard Deviation: 0.138
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 193,540
  • High Value: 220,262
  • Low Value: 166,818

    Market Valuation

  • Market Total Value: $161,895
  • Market Land Value: $33,003
  • Market Improvement Value: $128,892

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,965
  • Assessed Land Value: $11,001
  • Assessed Improvements Value: $42,964

    Sales

  • Current Sale Contract Date: Mar 11, 2013
  • Current Sale Recording Date: Mar 26, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2013003843
  • Previous Sale Recording Date: May 25, 2006
  • Previous Sale Contract Date: Apr 17, 2006
  • Previous Sale Document Type: 69
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 Oak Park

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$169

Above Asking

0.00%

Average Days on Market

47

Average Home Size

1536 ft²

Average Home Age

2026 years

Currently For Sale

0 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: Matthew Kombrink, One Source Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 12255903
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 116 A Street built and last sold?
The property at 116 A Street was built in and last sold on Mar 11, 2013 for $35,000.
How much is this home worth?
The estimated value of the home located at 116 A Street is $0.
What are some comparable homes to 116 A Street?
There are currently no comparable homes to 116 A Street.
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