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Ottawa 61350
1306 W Jackson Street
$132,250
● House - Off Market

1306 W Jackson Street

OTTAWA, IL 61350
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,460 Ft²
$231,755
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Completely remodeled 2 bedroom, 2 bath family home in great westside neighborhood.  Large, bright kitchen features oversized island with seating and hardwood floors. Convenient office, laundry, and bathroom located just off of family room. Master bedroom includes fabulous walk in closet.  Large 2 car garage with alley access.
Unit Size
1,460 Ft²
Days on Market
-
Land Size
-
Price per sqft
$94
Property Type
House
Property Taxes
$181
HOA Dues
-
Year Built
1925

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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 #09177320)

Price History

Date / Event Date Event Price
Jul 15, 2016 Sold
Premium
Sold
Mar 28, 2016 Listed by RE/MAX 1st Choice $137,000
Listed by RE/MAX 1st Choice

Property Highlights

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • 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: 6,926
  • Total Building Area: 1,536
  • Gross Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: T

    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: STRAWN & HAMMONS ADD
  • Land Acres: 0000000159
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: STRAWN-HAMMOND LOT 23 BLK 1

Neighborhood

  • School District Name: Ottawa Elementary School District 141
  • Census Tract: 962800

Geography

  • District: OT
  • Parcel: 21-10-217-023
  • Block: 1
  • Lot: 23
  • Municipality: OTTAWA TOWNSHIP
  • Latitude: 41.3491
  • Longitude: -88.8581

    Address

  • Full Address: 1306 W Jackson St
  • Address - House Number: 1306
  • Street Direction: W
  • Address - Street Name: Jackson
  • Address - Suffix Type: St
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C013
  • 4-Digit Zip Code: 2539
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $296,672
  • Tax Rate Code Area: OT002

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 119,135
  • High Value: 135,355
  • Low Value: 102,914

    Market Valuation

  • Market Total Value: $101,361
  • Market Land Value: $20,640
  • Market Improvement Value: $80,721

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,787
  • Assessed Land Value: $6,880
  • Assessed Improvements Value: $26,907

    Sales

  • Current Sale Contract Date: Jul 05, 2017
  • Current Sale Recording Date: Jul 06, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201709833
  • Previous Sale Recording Date: Jul 15, 2016
  • Previous Sale Contract Date: Jul 15, 2016
  • Previous Sale Amount: $132,500
  • 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 Ottawa

Stats & Trends

Median Asking:

$229,700

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1752 ft²

Average Home Age

50.6 years

Currently For Sale

71 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: Douglas Carroll, RE/MAX 1st Choice
Last Updated: 2 years ago
Data Source: MRED, MLS# 09177320
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 1306 West Jackson Street built and last sold?
The property at 1306 West Jackson Street was built in 1925 and last sold on Jul 5, 2017 for $140,000.
How much is this home worth?
The estimated value of the home located at 1306 West Jackson Street is $0.
What are some comparable homes to 1306 West Jackson Street?
There are currently no comparable homes to 1306 West Jackson Street.
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