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Streator 61364
1203 Riverside Avenue
$140,000
● House - Off Market

1203 Riverside Avenue

Streator, IL 61364
bedrooms
2 Beds
bathrooms
1 Bath
square feet
800 Ft²
$924
Est. Monthly

About This Property

Here's your opportunity for a move-in ready ranch home in the heart of Streator! Presenting 2 bedrooms, 1 full modernized bathroom, massive 32x24 detached garage, and a full basement. Recent updates include: 2023 furnace, MidAmerica Basement Waterproofing, 2023 full fence, 2024 Lifeproof flooring, brand new microwave, newer pergola, stamped concrete patio, and fresh interior paint. Utilize the garage for additional storage or as a workshop! Spacious basement offers additional storage capabilities, laundry space with washer and dryer included, as well as a current gym space. Seller spared no expense on updates and property maintenance. Within minutes to historic downtown Streator. Call today to schedule your private showing!
Unit Size
800 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$175
Property Type
House
Property Taxes
$236
HOA Dues
-
Year Built
1948

Payment Calculator

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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

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • 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: 6,901
  • Total Building Area: 800
  • Gross Building Area: 800
  • Building Area: 800
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 800
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SAWYERS ADD
  • Land Acres: 0000000158
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: SAWYERS ADD TO STREATOR, LT 2 BLK 10 SEC 35-31-3

Neighborhood

  • School District Name: Streator Township High School District 40
  • Census Tract: 964200

Geography

  • District: EA
  • Parcel: 32-39-128-005
  • Block: 10
  • Lot: 2
  • Meridian: SEC 35 TWN 31 RNG 03
  • Municipality: EAGLE TOWNSHIP
  • Latitude: 41.1167
  • Longitude: -88.8512

    Address

  • Full Address: 1203 Riverside Ave
  • Address - House Number: 1203
  • Address - Street Name: Riverside
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Streator
  • Carrier Code: C002
  • 4-Digit Zip Code: 2671
  • Zip Code: 61364

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: EA012

    Appraisal Valuation

  • Standard Deviation: 0.1062
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 89
  • Final Value: 119,487
  • High Value: 132,178
  • Low Value: 106,796

    Market Valuation

  • Market Total Value: $75,912
  • Market Land Value: $8,454
  • Market Improvement Value: $67,458

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,304
  • Assessed Land Value: $2,818
  • Assessed Improvements Value: $22,486

    Sales

  • Current Sale Contract Date: Oct 05, 2023
  • Current Sale Recording Date: Oct 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-10702
  • Previous Sale Recording Date: Apr 18, 2019
  • Previous Sale Contract Date: Apr 18, 2019
  • Previous Sale Amount: $87,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Streator

Stats & Trends

Median Asking:

$139,000

Sale Price/ft²

$105

Below Asking

0.03%

Average Days on Market

49

Average Home Size

1172 ft²

Average Home Age

108.6 years

Currently For Sale

47 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 214 S Bloomington Street, Streator, IL, 61364

$825 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
214 S Bloomington Street #1, Streator, IL, 61364 Listing by Shawn Sell
Unit for rent at 302 S Vermillion Street, Streator, IL, 60551

$825 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
302 S Vermillion Street #1A, Streator, IL, 60551 Listing by Tammy Irizarry

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Julie McElyea, RE/MAX Hometown Properties
Data Source: MRED, MLS# MRD12530569
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 1203 Riverside Avenue built and last sold?
The property at 1203 Riverside Avenue was built in 1948 and last sold on Oct 5, 2023 for $120,000.
How much is this home worth?
The estimated value of the home located at 1203 Riverside Avenue is $0.
What are some comparable homes to 1203 Riverside Avenue?
There are currently no comparable homes to 1203 Riverside Avenue.
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