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LaSalle 61301
1702 Malcolm Avenue
$128,000
● House - Off Market

1702 Malcolm Avenue

LASALLE, IL 61301
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,456 Ft²
$252,947
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

Beautiful brick ranch in great location! New AC & furnace in 2015, lovely in-ground pool with slide, diving board, & new liner 2012. Main level with 3 bedrooms & full bath. Finished basement with bar room, family room, 3/4 bath, laundry room & potential bonus room for an office or fourth bedroom. 1-car garage with pull-down attic storage. Agent owned.
Unit Size
1,456 Ft²
Days on Market
-
Land Size
-
Price per sqft
$103
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1974

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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.

Last updated: 2 years ago (MRED MLS #09316388)

Price History

Date / Event Date Event Price
Oct 28, 2016 Sold
Premium
Sold
Aug 15, 2016 Listed by Coldwell Banker Today's, Realtors $150,000
Listed by Coldwell Banker Today's, Realtors

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • 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: 1,426
  • Gross Building Area: 1,426
  • Building Area: 1,426
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,426
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VOGEL WILLIAM SUB
  • Land Acres: 0000000220
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: WM VOGEL SUBD LOT 6

Neighborhood

  • School District Name: LaSalle-Peru Township High School District 120
  • Census Tract: 962100

Geography

  • District: LS
  • Parcel: 18-10-114-006
  • Lot: 6
  • Municipality: LASALLE TOWNSHIP
  • Latitude: 41.3462
  • Longitude: -89.1012

    Address

  • Full Address: 1702 Malcolm Ave
  • Address - House Number: 1702
  • Address - Street Name: Malcolm
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: La Salle
  • Carrier Code: C003
  • 4-Digit Zip Code: 1241
  • Zip Code: 61301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $448,904
  • Tax Rate Code Area: LS004

    Appraisal Valuation

  • Standard Deviation: 0.2647
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 62
  • Final Value: 187,969
  • High Value: 237,741
  • Low Value: 138,197

    Market Valuation

  • Market Total Value: $147,759
  • Market Land Value: $17,550
  • Market Improvement Value: $130,209

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,253
  • Assessed Land Value: $5,850
  • Assessed Improvements Value: $43,403

    Sales

  • Current Sale Contract Date: Oct 28, 2016
  • Current Sale Recording Date: Nov 02, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201616764
  • Previous Sale Recording Date: May 03, 2005
  • Previous Sale Contract Date: Apr 29, 2005
  • Previous Sale Amount: $148,500
  • Previous Sale Document Type: 71

    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 LaSalle

Stats & Trends

Median Asking:

$149,900

Sale Price/ft²

$112

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1412 ft²

Average Home Age

91.7 years

Currently For Sale

21 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: Cynthia Funfsinn, Coldwell Banker Today's, Realtors
Last Updated: 2 years ago
Data Source: MRED, MLS# 09316388
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 1702 Malcolm Avenue built and last sold?
The property at 1702 Malcolm Avenue was built in 1974 and last sold on Oct 28, 2016 for $128,000.
How much is this home worth?
The estimated value of the home located at 1702 Malcolm Avenue is $154,082.
What are some comparable homes to 1702 Malcolm Avenue?
There are currently no comparable homes to 1702 Malcolm Avenue.
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