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Oglesby 61348
18 Lehigh Avenue
$74,100
● House - Off Market

18 Lehigh Avenue

Oglesby, IL 61348
bedrooms
2 Beds
bathrooms
1 Bath
square feet
672 Ft²
$547
Est. Monthly
31.60%
Cap Rate

About This Property

Come check out this affordable cozy 2 bedroom home! Move in and make the place your own as you go or it may make a great rental. Lehigh park is just through the back yard, enjoy the play equipment or disc golf. The home sits on a nice size lot and has a covered back patio area, a little fire pit, mature oaks, and a 2 car garage. The launch for the Vermillion; Starved Rock & Matthiessen State Parks just minutes away! House roof new in 2023 HVAC unit new in 2021
Unit Size
672 Ft²
Days on Market
-
Land Size
-
Price per sqft
$108
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1916

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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 #12146400)

Price History

Date / Event Date Event Price
Oct 25, 2024 Sold
Premium
Sold
Sep 24, 2024 In contract -
In contract
Sep 21, 2024 Relisted $72,500
Relisted
Aug 28, 2024 In contract -
In contract
Aug 24, 2024 Listed by Landmark Realty of Illinois LLC $72,500
Listed by Landmark Realty of Illinois LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1916
  • 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: 5,663
  • Total Building Area: 672
  • Gross Building Area: 672
  • Building Area: 672
  • 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: LEHIGH MEMORIAL SUB
  • Land Acres: 0000000130
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: LEHIGH MEMORIAL SUB, LT 14 SEC 30-33-2

Neighborhood

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

Geography

  • District: LS
  • Parcel: 18-30-302-017
  • Lot: 14
  • Meridian: SEC 30 TWN 33 RNG 02
  • Municipality: LASALLE TOWNSHIP
  • Latitude: 41.2958
  • Longitude: -89.0417

    Address

  • Full Address: 18 Lehigh Ave
  • Address - House Number: 18
  • Address - Street Name: Lehigh
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oglesby
  • Carrier Code: C001
  • 4-Digit Zip Code: 1320
  • Zip Code: 61348

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $181,122
  • Tax Rate Code Area: LS007

    Appraisal Valuation

  • Standard Deviation: 0.2273
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 68
  • Final Value: 77,480
  • High Value: 95,093
  • Low Value: 59,866

    Market Valuation

  • Market Total Value: $59,226
  • Market Land Value: $5,622
  • Market Improvement Value: $53,604

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,742
  • Assessed Land Value: $1,874
  • Assessed Improvements Value: $17,868

    Sales

  • Current Sale Contract Date: Aug 05, 2005
  • Current Sale Recording Date: Aug 08, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2005-20639
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

48

Average Home Size

1702 ft²

Average Home Age

75.9 years

Currently For Sale

8 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

Rentals Near You

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MRED

Listed by: Kendra Gentry, Landmark Realty of Illinois LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 12146400
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 18 Lehigh Avenue built and last sold?
The property at 18 Lehigh Avenue was built in 1916 and last sold on Aug 5, 2005 for $78,000.
How much is this home worth?
The estimated value of the home located at 18 Lehigh Avenue is $0.
What are some comparable homes to 18 Lehigh Avenue?
There are currently no comparable homes to 18 Lehigh Avenue.
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