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Naplate 61350
205 17th Avenue
$168,000
● House - Off Market

205 17th Avenue

Ottawa, IL 61350
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,019 Ft²
$1,037
Est. Monthly
14.28%
Cap Rate

About This Property

Completely updated 2 bedroom,1 bath home.  New drywall, insulation, flooring, windows and doors.  Kitchen includes new cabinets, quartz countertops and stainless steel appliances.  Brand new bathroom with plenty of storage.  Main floor laundry.  Fenced in yard and 1.5 car detached garage.
Unit Size
1,019 Ft²
Days on Market
-
Land Size
-
Price per sqft
$169
Property Type
House
Property Taxes
$192
HOA Dues
-
Year Built
1928

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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 #12282762)

Price History

Date / Event Date Event Price
Mar 7, 2025 Sold
Premium
Sold
Feb 3, 2025 Listed by Coldwell Banker Real Estate Group $172,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • 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: 5,410
  • Total Building Area: 1,279
  • Gross Building Area: 1,279
  • Building Area: 1,279
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,279
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALLEY ADD DIV 2
  • Land Acres: 0000000124
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: VALLEY ADD DIV #2, LT 20 (EX N5') BLK 127 SEC 15-33-3

Neighborhood

  • School District Name: Ottawa Elementary School District 141
  • Census Tract: 962200

Geography

  • District: OT
  • Parcel: 21-15-110-014
  • Block: 127
  • Lot: 20
  • Meridian: SEC 15 TWN 33 RNG 03
  • Municipality: OTTAWA TOWNSHIP
  • Latitude: 41.3335
  • Longitude: -88.8741

    Address

  • Full Address: 205 17th Ave
  • Address - House Number: 205
  • Address - Street Name: 17th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C017
  • 4-Digit Zip Code: 3703
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $209,437
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: OT008

    Appraisal Valuation

  • Standard Deviation: 0.133
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 73
  • Final Value: 99,216
  • High Value: 112,412
  • Low Value: 86,019

    Market Valuation

  • Market Total Value: $91,458
  • Market Land Value: $13,287
  • Market Improvement Value: $78,171

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,486
  • Assessed Land Value: $4,429
  • Assessed Improvements Value: $26,057

    Sales

  • Current Sale Contract Date: Apr 18, 2022
  • Current Sale Recording Date: Apr 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-04989

    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 Naplate

Stats & Trends

Median Asking:

$191,500

Sale Price/ft²

$184

Below Asking

0.02%

Average Days on Market

36

Average Home Size

1051 ft²

Average Home Age

46 years

Currently For Sale

2 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 817 Columbus Streets, Ottawa, IL, 61350

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,384 ft²
817 Columbus Streets #2A, Ottawa, IL, 61350 Listing by Tammy Barry

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Cortney Kaufman, Coldwell Banker Real Estate Group
Last Updated: 2 years ago
Data Source: MRED, MLS# 12282762
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 205 17th Avenue built and last sold?
The property at 205 17th Avenue was built in 1928 and last sold on Apr 18, 2022 for $95,000.
How much is this home worth?
The estimated value of the home located at 205 17th Avenue is $173,720.
What are some comparable homes to 205 17th Avenue?
There are currently no comparable homes to 205 17th Avenue.
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