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Mendota 61342
202 6th Avenue
$139,000
● House - Off Market

202 6th Avenue

Mendota, IL 61342
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,661 Ft²
$825
Est. Monthly
20.31%
Cap Rate

About This Property

Come feel at home with this unique blend of early 20th century craftsmanship combined with many modern upgrades.  Modern flooring and fixtures blend together with classic features from a time gone by such as brick fireplace and a custom-built buffet cabinet.  Large, open and bright rooms throughout the main level, which includes two bedrooms and one full bathroom.  Upstairs has a large bedroom and another full bathroom.  The full, unfinished basement provides ample space for laundry, storage and workshop.
Unit Size
1,661 Ft²
Days on Market
-
Land Size
-
Price per sqft
$84
Property Type
House
Property Taxes
$142
HOA Dues
-
Year Built
1933

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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

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • 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: 9,148
  • Total Building Area: 1,661
  • Gross Building Area: 1,661
  • Building Area: 1,661
  • 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: MENDOTA (ORIGINAL TOWN)
  • Land Acres: 0000000210
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: TOWN OF MENDOTA, LT 2 & N45' LT 8 BLK 13 SEC 33-36-1

Neighborhood

  • School District Name: Mendota Township High School District 280
  • Census Tract: 962000

Geography

  • District: MD
  • Parcel: 01-33-424-014
  • Block: 13
  • Lot: 2-8
  • Meridian: SEC 33 TWN 36 RNG 01
  • Municipality: MENDOTA TOWNSHIP
  • Latitude: 41.5419
  • Longitude: -89.1164

    Address

  • Full Address: 202 6th Ave
  • Address - House Number: 202
  • Address - Street Name: 6th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Mendota
  • Carrier Code: C003
  • 4-Digit Zip Code: 2133
  • Zip Code: 61342

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $208,116
  • Tax Rate Code Area: MD002

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 104,007
  • High Value: 118,167
  • Low Value: 89,846

    Market Valuation

  • Market Total Value: $102,948
  • Market Land Value: $15,222
  • Market Improvement Value: $87,726

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,316
  • Assessed Land Value: $5,074
  • Assessed Improvements Value: $29,242
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 Mendota

Stats & Trends

Median Asking:

$157,000

Sale Price/ft²

$112

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1534 ft²

Average Home Age

92.8 years

Currently For Sale

10 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: Adam Finley, Dickerson & Nieman Realtors - Peru
Data Source: MRED, MLS# MRD12432872
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 202 6th Avenue built and last sold?
The property at 202 6th Avenue was built in 1933 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 202 6th Avenue is $0.
What are some comparable homes to 202 6th Avenue?
There are currently no comparable homes to 202 6th Avenue.
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