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LaSalle 61364
1518 Sharon Road
$179,900
● House - Off Market

1518 Sharon Road

Streator, IL 61364
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,290 Ft²
$1,186
Est. Monthly
14.66%
Cap Rate

About This Property

Welcome to this 3 bed 1.5 bath home with a 2 car garage, family room in basement, and a 3 season room.  Home is complete with fenced in yard, back up generator, Furnace/a/c in 2015, breakers, leaf guard, and newer windows.  Take a look for yourself.
Unit Size
1,290 Ft²
Days on Market
-
Land Size
-
Price per sqft
$139
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
1966

Payment Calculator

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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 #12176037)

Price History

Date / Event Date Event Price
Nov 15, 2024 Sold
Premium
Sold
Oct 6, 2024 In contract -
In contract
Sep 29, 2024 Listed by Chismarick Realty, LLC $179,900
Listed by Chismarick Realty, LLC

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • 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: 16,553
  • Total Building Area: 1,290
  • Gross Building Area: 1,290
  • Building Area: 1,290
  • 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: EDGETOWN ACRES SUB THIRD ADD
  • Land Acres: 0000000380
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: 3RD ADD EDGETOWN ACRES, LT 6 BLK 2 SEC 30-31-4

Neighborhood

  • School District Name: Streator Township High School District 40
  • Census Tract: 963800

Geography

  • District: OZ
  • Parcel: 34-30-119-010
  • Block: 2
  • Lot: 6
  • Meridian: SEC 30 TWN 31 RNG 04
  • Municipality: OTTER CREEK TOWNSHIP
  • Latitude: 41.1336
  • Longitude: -88.8119

    Address

  • Full Address: 1518 Sharon Rd
  • Address - House Number: 1518
  • Address - Street Name: Sharon
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Streator
  • Carrier Code: R004
  • 4-Digit Zip Code: 1779
  • Zip Code: 61364

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $317,952
  • Tax Rate Code Area: OZ006

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 143,861
  • High Value: 163,447
  • Low Value: 124,274

    Market Valuation

  • Market Total Value: $132,552
  • Market Land Value: $11,043
  • Market Improvement Value: $121,509

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,184
  • Assessed Land Value: $3,681
  • Assessed Improvements Value: $40,503
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:

$207,200

Sale Price/ft²

$146

Below Asking

0.02%

Average Days on Market

52

Average Home Size

3056 ft²

Average Home Age

71.4 years

Currently For Sale

284 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: Jennifer Bliss, Chismarick Realty, LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 12176037
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 1518 Sharon Road built and last sold?
The property at 1518 Sharon Road was built in 1966 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1518 Sharon Road is $182,953.
What are some comparable homes to 1518 Sharon Road?
There are currently no comparable homes to 1518 Sharon Road.
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