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Ottawa 61350
1609 Sycamore Street
Photo of 1609 Sycamore Street

15

Map

Photo of 1609 Sycamore Street
Photo of 1609 Sycamore Street
$110,000
● House - In Contract

1609 Sycamore Street

Ottawa, IL 61350
bedrooms
1 Bed
bathrooms
1 Bath
square feet
844 Ft²
$725
Est. Monthly

About This Property

Welcome to this well-maintained home offering smart use of space, thoughtful updates, and great outdoor amenities. Ideal for a first-time homebuyer, investor, or anyone looking to downsize, this home offers comfortable living with convenience throughout. The spacious bedroom features an attached walk-in closet with laundry conveniently located right where you need it. The updated kitchen provides plenty of workspace and table space for everyday dining. Enjoy the large, fully fenced backyard leading to a newer 2-car heated garage, built in 2020, with an epoxy floor and new concrete sidewalk. Great curb appeal is enhanced by the covered front porch and swing, perfect for relaxing. Additional features include a partial basement and New furnace and A/C (2023). A great combination of comfort, functionality, and value!
Unit Size
844 Ft²
Days on Market
-
Land Size
-
Price per sqft
$130
Property Type
House
Property Taxes
$185
HOA Dues
-
Year Built
1920

Listed By

George Shanley
[email protected]
Coldwell Banker Real Estate Group

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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
Parking Available
Air Conditioning
Parking Details
Has Garage
Parking Features: Garage Door Opener, Heated Garage, Garage, Detached, Off Alley, Yes
Garage Spaces: 2
Interior Details
Full Bathrooms: 1
Appliances: Range, Microwave, Refrigerator, Washer, Dryer, Gas Cooktop, Gas Oven
Rooms: 3
Basement: Unfinished, Crawl Space, Exterior Entry, Partial
Exterior Details
Square Footage: 844
Square Footage Source: $0
Year Built: 1920
Construction Materials: Vinyl Siding
Lot Size Dimensions: 50 X 150
Water Source: Public
Financial Details
Tax Annual Amount: $2,217
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • 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: 7,596
  • Total Building Area: 460
  • Gross Building Area: 460
  • Building Area: 460
  • 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: CHAMPLINS ADD
  • Land Acres: 0000000174
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: CHAMPLIN'S ADD, LT 9 BLK 15 SEC 2-33-3

Neighborhood

  • School District Name: Ottawa Elementary School District 141
  • Census Tract: 962600

Geography

  • District: OT
  • Parcel: 21-02-316-012
  • Block: 15
  • Lot: 9
  • Meridian: SEC 02 TWN 33 RNG 03
  • Municipality: OTTAWA TOWNSHIP
  • Latitude: 41.3567
  • Longitude: -88.8505

    Address

  • Full Address: 1609 Sycamore St
  • Address - House Number: 1609
  • Address - Street Name: Sycamore
  • Address - Suffix Type: St
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C003
  • 4-Digit Zip Code: 1355
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $111,912
  • Tax Rate Code Area: OT002

    Appraisal Valuation

  • Standard Deviation: 0.2707
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 61
  • Final Value: 62,822
  • High Value: 79,832
  • Low Value: 45,811

    Market Valuation

  • Market Total Value: $62,055
  • Market Land Value: $11,073
  • Market Improvement Value: $50,982

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,685
  • Assessed Land Value: $3,691
  • Assessed Improvements Value: $16,994

    Sales

  • Current Sale Contract Date: Jan 03, 2013
  • Current Sale Recording Date: Jan 14, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2014-00753

    Financing

  • First Mortgage Financing Type: UNK
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 1952 Columbus Street, Ottawa, IL, 61350

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
1952 Columbus Street, Ottawa, IL, 61350 Listing by Delores Barrera

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# MRD12777908
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 1609 Sycamore Street built and last sold?
The property at 1609 Sycamore Street was built in 1920 and last sold on Jan 3, 2013 for $18,000.
How much is this home worth?
The estimated value of the home located at 1609 Sycamore Street is $119,111.
What are some comparable homes to 1609 Sycamore Street?
There are currently no comparable homes to 1609 Sycamore Street.
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