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LaSalle 61334
1522 E 7th Road
$190,000
● House - Off Market

1522 E 7th Road

Lostant, IL 61334
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,972 Ft²
$1,500
Est. Monthly
14.43%
Cap Rate

About This Property

Country Living! Come take a look at this spacious 4 bedroom, 2 1/2 bath home on 1 acre outside Tonica & Lostant. Featuring vinyl siding and metal roof with full basement. Lovely hickory floors, cozy family room, 3 seasonal room with sky light and tile flooring. Kitchen has granite countertops and is open to the family room and dining room. Most windows were replaced. Plenty of closet space, some are walk ins. There are 2 patios in the back and a toasty firepit. Lots more features to see. Call today for a private showing! All appliances will remain "as is". Generators on property are not hooked up and not staying.
Unit Size
1,972 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$101
Property Type
House
Property Taxes
$518
HOA Dues
-
Year Built
1973

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.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • 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: 43,560
  • Lot Size Depth Feet: 2,847
  • Lot Size Frontage Feet: 1,530
  • Total Building Area: 1,972
  • Gross Building Area: 1,972
  • Building Area: 1,972
  • 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
  • Land Acres: 0000001000
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: 1TRACT 153 X 284.7 S1/2 SW1/4

Neighborhood

  • School District Name: Lostant Community Unit School District 425
  • Census Tract: 964100

Geography

  • District: RI
  • Parcel: 31-17-303-000
  • Municipality: RICHLAND TOWNSHIP
  • Latitude: 41.152
  • Longitude: -89.0277

    Address

  • Full Address: 1522 E 7th Rd
  • Address - House Number: 1522
  • Street Direction: E
  • Address - Street Name: 7th
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lostant
  • Carrier Code: R003
  • 4-Digit Zip Code: 9637
  • Zip Code: 61334

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $547,208
  • Tax Rate Code Area: RI007

    Appraisal Valuation

  • Standard Deviation: 0.2273
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 68
  • Final Value: 261,205
  • High Value: 320,586
  • Low Value: 201,824

    Market Valuation

  • Market Total Value: $211,305
  • Market Land Value: $28,194
  • Market Improvement Value: $183,111

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $70,435
  • Assessed Land Value: $9,398
  • Assessed Improvements Value: $61,037
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:

$206,000

Sale Price/ft²

$146

Below Asking

0.02%

Average Days on Market

52

Average Home Size

3058 ft²

Average Home Age

70.8 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: Bonnie Lester, Coldwell Banker Today's, Realtors
Data Source: MRED, MLS# MRD12215525
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 1522 East 7th Road built and last sold?
The property at 1522 East 7th Road was built in 1973 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1522 East 7th Road is $0.
What are some comparable homes to 1522 East 7th Road?
There are currently no comparable homes to 1522 East 7th Road.
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