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LaSalle 61350
1453 N 2401st Road
$185,000
● House - Off Market

1453 N 2401st Road

Ottawa, IL 61350
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,506 Ft²
$1,217
Est. Monthly
14.22%
Cap Rate

About This Property

Nestled just minutes away from the breathtaking trails of Starved Rock State Park, this captivating tri-level home offers the perfect blend of comfort, convenience, and natural beauty. Boasting 3 bedrooms, 2 bathrooms, and a generous 1,506 square feet of living space. Additional features include a convenient two-car attached garage, providing ample space for parking and storage, as well as a tankless hot water heater for energy-efficient comfort.  With its idyllic location just moments from Starved Rock State Park, this home offers unparalleled access to hiking, biking, fishing, and other outdoor activities, making it the perfect oasis for nature enthusiasts and adventure seekers alike. Don't miss your chance to experience the beauty and tranquility of country living in this remarkable home!
Unit Size
1,506 Ft²
Days on Market
-
Land Size
0.96 acres
Price per sqft
$123
Property Type
House
Property Taxes
$308
HOA Dues
-
Year Built
-

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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 #12055146)

Price History

Date / Event Date Event Price
Dec 20, 2024 Sold
Premium
Sold
Nov 18, 2024 In contract -
In contract
Nov 15, 2024 Price Decreased $185,000
↓ $5K (2.6%)
Price Decreased
Oct 10, 2024 Price Decreased $190,000
↓ $7K (3.6%)
Price Decreased
Sep 21, 2024 Relisted $197,000
Relisted
Show More

Property Highlights

Building Info

Overview

    General

  • 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: 41,818
  • Total Building Area: 0
  • Building Area: 0

    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
  • Land Acres: 0000000960
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: TRACT W OF LOWELL- TONICA RD ETC SW1/4 ETC DOC #590837 & 87-05146

Neighborhood

  • School District Name: Deer Park Community Consolidated School District 82
  • Census Tract: 963500

Geography

  • District: SO
  • Subdivision Tract Number: W
  • Parcel: 22-28-319-000
  • Municipality: SOUTH OTTAWA TOWNSHIP
  • Latitude: 41.3
  • Longitude: -88.8861

    Address

  • Full Address: 1453 N 2401st Rd
  • Address - House Number: 1453
  • Street Direction: N
  • Address - Street Name: 2401st
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Ottawa
  • Carrier Code: R004
  • 4-Digit Zip Code: 9205
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $369,936
  • Tax Rate Code Area: SO003

    Appraisal Valuation

  • Standard Deviation: 0.2273
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 68
  • Final Value: 279,799
  • High Value: 343,407
  • Low Value: 216,191

    Market Valuation

  • Market Total Value: $248,148
  • Market Land Value: $29,265
  • Market Improvement Value: $218,883

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $82,716
  • Assessed Land Value: $9,755
  • Assessed Improvements Value: $72,961
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:

$209,900

Sale Price/ft²

$147

Below Asking

0.02%

Average Days on Market

52

Average Home Size

3059 ft²

Average Home Age

71.3 years

Currently For Sale

285 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

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MRED

Listed by: Cortney Kaufman, Coldwell Banker Real Estate Group
Last Updated: 2 years ago
Data Source: MRED, MLS# 12055146
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 1453 North 2401st Road built and last sold?
The property at 1453 North 2401st Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1453 North 2401st Road is $0.
What are some comparable homes to 1453 North 2401st Road?
There are currently no comparable homes to 1453 North 2401st Road.
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