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LaSalle 61301
1325 Argyle Road
$105,000
● House - Off Market

1325 Argyle Road

Lasalle, IL 61301
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,619 Ft²
$568
Est. Monthly
20.26%
Cap Rate

About This Property

Spacious 1.5 story home in convenient Lasalle location! Attached 2 car garage built in 2004, new garage roof in 2024, with alley access! This 2 bedroom, 1 bath home boasts a living room with decorative fireplace, dining room and bonus room. Full bath with walk-in shower. The hallway provides built-ins for storage. Front bedroom with original hardwood flooring. Replacement windows. Eat-in kitchen provides access to walk-up attic. Attic offers potential for extra living space including possible 3rd bedroom and much open attic space. The sunroom provides sliders to the newer concrete patio as well as access to the garage. A spacious full basement is equipped with washer/dryer, a shower and stool. Closed in back porch. Close to Hegeler Park, swimming pool and Lincoln Jr High.
Unit Size
1,619 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$65
Property Type
House
Property Taxes
$52
HOA Dues
-
Year Built
1913

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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 #12087430)

Price History

Date / Event Date Event Price
Jul 24, 2024 Sold
Premium
Sold
Jun 22, 2024 In contract -
In contract
Jun 18, 2024 Listed by Coldwell Banker Today's, Realtors $105,000
Listed by Coldwell Banker Today's, Realtors

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • 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: 1,619
  • Gross Building Area: 1,619
  • Building Area: 1,619
  • 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: CAMPBELL ALEX ESTATE SUB
  • Land Acres: 0000000160
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: ALEX CAMPBELL EST, LT C-5 SEC 10-33-1

Neighborhood

  • School District Name: LaSalle-Peru Township High School District 120
  • Census Tract: 962900

Geography

  • District: LS
  • Parcel: 18-10-330-024
  • Lot: C-5
  • Meridian: SEC 10 TWN 33 RNG 01
  • Municipality: LASALLE TOWNSHIP
  • Latitude: 41.3414
  • Longitude: -89.0992

    Address

  • Full Address: 1325 Argyle Rd
  • Address - House Number: 1325
  • Address - Street Name: Argyle
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: La Salle
  • Carrier Code: C003
  • 4-Digit Zip Code: 1601
  • Zip Code: 61301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $63,434
  • Tax Rate Code Area: LS004

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 99,504
  • High Value: 113,051
  • Low Value: 85,956

    Market Valuation

  • Market Total Value: $94,329
  • Market Land Value: $14,040
  • Market Improvement Value: $80,289

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,443
  • Assessed Land Value: $4,680
  • Assessed Improvements Value: $26,763
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

1371 ft²

Average Home Age

91.4 years

Currently For Sale

18 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

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MRED

Listed by: Karen Zermeno, Coldwell Banker Today's, Realtors
Last Updated: 2 years ago
Data Source: MRED, MLS# 12087430
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 1325 Argyle Road built and last sold?
The property at 1325 Argyle Road was built in 1913 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1325 Argyle Road is $0.
What are some comparable homes to 1325 Argyle Road?
There are currently no comparable homes to 1325 Argyle Road.
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