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Ottawa 61350
1403 Dakota Drive
$250,000
● House - Off Market

1403 Dakota Drive

Ottawa, IL 61350
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,830 Ft²
$1,718
Est. Monthly

About This Property

Move-in ready and full of charm, this South Side home has everything you need! With 4 bedrooms, 2 full bathrooms, and a 2-car garage, 1403 Dakota Drive offers comfortable living space. The kitchen opens to the dining and living areas, creating an easy, connected flow that feels bright and welcoming. Step outside to a spacious deck overlooking the yard, perfect for morning coffee or evening unwind time.    A fully finished basement adds even more versatility with a large recreation room, a second full bathroom, a laundry room, a flex space, and a 4th bedroom-ideal for guests, hobbies, or a home office.    Sweet, stylish, and ready for its next chapter-come make it yours!
Unit Size
1,830 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$137
Property Type
House
Property Taxes
$490
HOA Dues
-
Year Built
1989

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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
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • 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: 8,276
  • Total Building Area: 1,830
  • Gross Building Area: 1,830
  • Building Area: 1,830
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,830
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MCKINLEY VILLA SUB
  • Land Acres: 0000000190
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: MCKINLEY VILLA SUB, LT 3 SEC 13-33-3

Neighborhood

  • School District Name: Ottawa Elementary School District 141
  • Census Tract: 963500

Geography

  • District: SO
  • Parcel: 22-13-343-003
  • Lot: 3
  • Meridian: SEC 13 TWN 33 RNG 03
  • Municipality: SOUTH OTTAWA TOWNSHIP
  • Latitude: 41.3262
  • Longitude: -88.8282

    Address

  • Full Address: 1403 Dakota Dr
  • Address - House Number: 1403
  • Address - Street Name: Dakota
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C011
  • 4-Digit Zip Code: 4609
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $500,514
  • Tax Rate Code Area: SO001

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 167,359
  • High Value: 190,144
  • Low Value: 144,573

    Market Valuation

  • Market Total Value: $158,403
  • Market Land Value: $16,305
  • Market Improvement Value: $142,098

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,801
  • Assessed Land Value: $5,435
  • Assessed Improvements Value: $47,366

    Sales

  • Current Sale Contract Date: May 04, 2022
  • Current Sale Recording Date: May 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-05889

    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

Unit for rent at 615 Green Street, Ottawa, IL, 61350

$950 /mo

  • 2 Beds
  • 1 Bath
  • 600 ft²
615 Green Street #LOWER, Ottawa, IL, 61350 Listing by Shawn Sell
Unit for rent at 611 Webster Street, Ottawa, IL, 61350

$1,200 /mo

  • 2 Beds
  • 1 Bath
  • 980 ft²
611 Webster Street #B, Ottawa, IL, 61350 Listing by Irina Allison

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: George Shanley, Coldwell Banker Real Estate Group
Data Source: MRED, MLS# MRD12449366
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 1403 Dakota Drive built and last sold?
The property at 1403 Dakota Drive was built in 1989 and last sold on May 4, 2022 for $165,000.
How much is this home worth?
The estimated value of the home located at 1403 Dakota Drive is $0.
What are some comparable homes to 1403 Dakota Drive?
There are currently no comparable homes to 1403 Dakota Drive.
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