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Oglesby 61348
150 Oak Street
$155,000
● House - Off Market

150 Oak Street

Oglesby, IL 61348
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,028 Ft²
$1,075
Est. Monthly
19.57%
Cap Rate

About This Property

Large ranch with 3 bedrooms/2 baths. Home has hardwood floors and a stone fireplace in the living room.  Nice corner lot with detached 1 car garage and shed.  Big 2 tiered deck.  Buyer to verify all listing information. HUD CASE #132-342202. Property is owned by the US Dept. of HUD, seller makes no representations or warranties as to property condition, HUD Homes are sold "as-is", IE, Subject to appraisal, EHO. Seller has no records or reports pertaining to Lead based paint and/or lead based paint hazards.to closing; seller will prosecute trespassers. All showing agents must sign in at the property for EVERY showing.
Unit Size
2,028 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$62
Property Type
House
Property Taxes
$461
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 9,583
  • Total Building Area: 2,070
  • Gross Building Area: 2,070
  • Building Area: 2,070
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,070
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BENTS RESIDENCE SUB
  • Land Acres: 0000000220
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: BENTS RESUB, LT 17 BLK 12 SEC 25-33-1

Neighborhood

  • School District Name: LaSalle-Peru Township High School District 120
  • Census Tract: 963400

Geography

  • District: LS
  • Parcel: 18-25-318-017
  • Block: 12
  • Lot: 17
  • Meridian: SEC 25 TWN 33 RNG 01
  • Municipality: LASALLE TOWNSHIP
  • Latitude: 41.2982
  • Longitude: -89.0596

    Address

  • Full Address: 150 Oak St
  • Address - House Number: 150
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: IL
  • City Name: Oglesby
  • Carrier Code: C003
  • 4-Digit Zip Code: 1223
  • Zip Code: 61348

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $454,898
  • Tax Rate Code Area: LS007

    Appraisal Valuation

  • Standard Deviation: 0.1112
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 88
  • Final Value: 152,174
  • High Value: 169,108
  • Low Value: 135,241

    Market Valuation

  • Market Total Value: $166,749
  • Market Land Value: $15,765
  • Market Improvement Value: $150,984

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,583
  • Assessed Land Value: $5,255
  • Assessed Improvements Value: $50,328

    Sales

  • Current Sale Contract Date: Aug 21, 2018
  • Current Sale Recording Date: Aug 22, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201811424

    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 Oglesby

Stats & Trends

Median Asking:

$160,950

Sale Price/ft²

$130

Below Asking

0.03%

Average Days on Market

49

Average Home Size

1651 ft²

Average Home Age

73.9 years

Currently For Sale

7 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: Andrea Greenwalt, Janko Realty & Development - Peru
Data Source: MRED, MLS# MRD12308190
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 150 Oak Street built and last sold?
The property at 150 Oak Street was built in 1954 and last sold on Aug 21, 2018 for $121,500.
How much is this home worth?
The estimated value of the home located at 150 Oak Street is $135,275.
What are some comparable homes to 150 Oak Street?
There are currently no comparable homes to 150 Oak Street.
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