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LaSalle 61301
1244 4th Street
$42,000
● House - Off Market

1244 4th Street

Lasalle, IL 61301
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,020 Ft²
$42,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Investment opportunity! 2 bedroom, 1 bath home with heated garage and alley access. Eat in kitchen. Bonus room. Enclosed front porch. Enclosed patio area. 2 car garage. Partial basement with laundry hook-ups. Central A/C.     Washer and dryer included, not warranted. AS IS.
Unit Size
1,020 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$41
Property Type
House
Property Taxes
$157
HOA Dues
-
Year Built
1888

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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 #11915643)

Price History

Date / Event Date Event Price
Nov 10, 2023 Sold
Premium
Sold
Oct 24, 2023 Listed by Coldwell Banker Today's, Realtors $42,000
Listed by Coldwell Banker Today's, Realtors

Property Highlights

Building Info

Overview

    General

  • Year Built: 1888
  • Effective Year Built: 1888
  • 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: 6,970
  • Total Building Area: 1,020
  • Gross Building Area: 1,020
  • Building Area: 1,020
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,020
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LASALLE (ORIGINAL TOWN)
  • Land Acres: 0000000160
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: TOWN OF LA SALLE LOT 2 BLK 86

Neighborhood

  • School District Name: LaSalle-Peru Township High School District 120
  • Census Tract: 963300

Geography

  • District: LS
  • Parcel: 18-15-405-004
  • Block: 86
  • Lot: 2
  • Municipality: LASALLE TOWNSHIP
  • Latitude: 41.3319
  • Longitude: -89.0881

    Address

  • Full Address: 1244 4th St
  • Address - House Number: 1244
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: IL
  • City Name: La Salle
  • Carrier Code: C007
  • 4-Digit Zip Code: 2236
  • Zip Code: 61301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: LS004

    Appraisal Valuation

  • Standard Deviation: 0.1069
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 89
  • Final Value: 38,662
  • High Value: 42,798
  • Low Value: 34,527

    Market Valuation

  • Market Total Value: $87,366
  • Market Land Value: $15,384
  • Market Improvement Value: $71,982

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $29,122
  • Assessed Land Value: $5,128
  • Assessed Improvements Value: $23,994

    Sales

  • Current Sale Contract Date: Nov 08, 2023
  • Current Sale Recording Date: Nov 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-12012

    Last Sale Mortgage

  • First Mortgage Transaction Date:
    Premium
  • First Mortgage Loan Type:
    Premium
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 LaSalle

Stats & Trends

Median Asking:

$149,900

Sale Price/ft²

$112

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1412 ft²

Average Home Age

91.7 years

Currently For Sale

21 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

Rentals Near You

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MRED

Listed by: Wendy Fulmer, Coldwell Banker Today's, Realtors
Last Updated: 3 years ago
Data Source: MRED, MLS# 11915643
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 1244 4th Street built and last sold?
The property at 1244 4th Street was built in 1888 and last sold on Nov 8, 2023 for $42,000.
How much is this home worth?
The estimated value of the home located at 1244 4th Street is $0.
What are some comparable homes to 1244 4th Street?
There are currently no comparable homes to 1244 4th Street.
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