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Ladd 61329
116 S Central Avenue
$160,000
● House - Off Market

116 S Central Avenue

Ladd, IL 61329
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,200 Ft²
$1,221
Est. Monthly

About This Property

This beautifully updated 3-bedroom, 1.5-bathroom home in Ladd offers modern comfort with timeless charm. Completely rehabbed from the studs up in 2022, the property features a new roof, new garage, and new A/C unit for peace of mind. Inside, you'll love the open-concept layout, convenient main-level laundry, and a spacious main-level primary bedroom. Enjoy your morning coffee or unwind after a long day on the cute front porch. Move-in ready and thoughtfully redesigned, this home is the perfect blend of quality, style, and convenience
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$133
Property Type
House
Property Taxes
$435
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

Garage
Air Conditioning

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: 6,250
  • Lot Size Depth Feet: 1,250
  • 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: VILLAGE OF LADD
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LADD L 10 BLK 30 (50 X 125) D 22-3508

Neighborhood

  • School District Name: Hall High School District 502
  • Census Tract: 965100

Geography

  • Account Number: 1809481008
  • District: 18
  • Parcel: 18-09-481-008
  • Block: 30
  • Lot: 10
  • Meridian: SEC 09 TWN 16 RNG 11
  • Municipality: HALL
  • Latitude: 41.381
  • Longitude: -89.2218

    Address

  • Full Address: 116 S Central Ave
  • Address - House Number: 116
  • Street Direction: S
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Ladd
  • Carrier Code: R777
  • 4-Digit Zip Code: 9618
  • Zip Code: 61329

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $71,912
  • Tax Rate Code Area: 18002

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: May 31, 2023
  • Confidence Score: 61
  • Final Value: 86,888
  • High Value: 110,283
  • Low Value: 63,493

    Market Valuation

  • Market Total Value: $18,531
  • Market Land Value: $8,538
  • Market Improvement Value: $9,993

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $6,177
  • Assessed Land Value: $2,846
  • Assessed Improvements Value: $3,331

    Sales

  • Current Sale Contract Date: Sep 14, 2022
  • Current Sale Recording Date: Sep 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3508
  • Previous Sale Recording Date: Jul 29, 2021
  • Previous Sale Contract Date: Jul 27, 2021
  • Previous Sale Amount: $17,000
  • 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 Ladd

Stats & Trends

Median Asking:

$142,500

Sale Price/ft²

$129

Below Asking

0.05%

Average Days on Market

67

Average Home Size

1016 ft²

Average Home Age

110.7 years

Currently For Sale

7 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: Thomas Templeton, Coldwell Banker Today's, Realtors
Data Source: MRED, MLS# MRD12526325
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 South Central Avenue built and last sold?
The property at 116 South Central Avenue was built in and last sold on Sep 14, 2022 for $137,000.
How much is this home worth?
The estimated value of the home located at 116 South Central Avenue is $164,337.
What are some comparable homes to 116 South Central Avenue?
There are currently no comparable homes to 116 South Central Avenue.
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