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Sterling 61081
208 9th Avenue
$155,000
● House - Off Market

208 9th Avenue

Sterling, IL 61081
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,477 Ft²
$154,033
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Take a look at this stunning, well maintained, Dutch Colonial style home. This home is beaming with character and is sure to win you over with it's charm. On the main floor,  a beautiful foyer will greet you and you will find an ample amount of space and natural lighting, perfect for entertaining. On the second floor you will find 3 spacious bedrooms and a full bath. Head down to the finished basement where the entertainers dream continues. With an additional living space and recreation area, the room to spread out is plentiful. You will also find additional storage space, your laundry and a second full bath down there perfect for your guests. Roof is being currently being replaced, fascia and gutters will follow. This home is well cared for and anxiously awaiting its new owner.
Unit Size
2,477 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$63
Property Type
House
Property Taxes
$146
HOA Dues
-
Year Built
-

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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: 3 years ago (MRED MLS #11826481)

Price History

Date / Event Date Event Price
Sep 28, 2023 Sold
Premium
Sold
Jul 8, 2023 Listed by Keller Williams Infinity $155,000
Listed by Keller Williams Infinity

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • 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: 4,995
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 370
  • Total Building Area: 0
  • Building Area: 0

    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: WEST OF BROADWAY
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: WEST OF BROADWAY S 37 LOT 3 BLK 52 151100X

Neighborhood

  • School District Name: Sterling Community Unit District 5
  • Census Tract: 001200

Geography

  • Account Number: 61774
  • District: 10
  • Parcel: 1122338005
  • Block: 52
  • Lot: 3
  • Municipality: STERLING
  • Latitude: 41.7909
  • Longitude: -89.6831

    Address

  • Full Address: 208 9th Ave
  • Address - House Number: 208
  • Address - Street Name: 9th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Sterling
  • Carrier Code: C004
  • 4-Digit Zip Code: 3817
  • Zip Code: 61081

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $181,548
  • Tax Rate Code Area: 01005

    Appraisal Valuation

  • Standard Deviation: 0.2526
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 64
  • Final Value: 107,823
  • High Value: 135,060
  • Low Value: 80,586

    Market Valuation

  • Market Total Value: $50,973
  • Market Land Value: $9,384
  • Market Improvement Value: $41,589

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,991
  • Assessed Land Value: $3,128
  • Assessed Improvements Value: $13,863

    Sales

  • Current Sale Contract Date: Sep 28, 2023
  • Current Sale Recording Date: Oct 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4902
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 Sterling

Stats & Trends

Median Asking:

$139,900

Sale Price/ft²

$108

Below Asking

0.02%

Average Days on Market

45

Average Home Size

1426 ft²

Average Home Age

98.6 years

Currently For Sale

36 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: Justin Pillion, Keller Williams Infinity
Last Updated: 3 years ago
Data Source: MRED, MLS# 11826481
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 208 9th Avenue built and last sold?
The property at 208 9th Avenue was built in and last sold on Sep 28, 2023 for $155,000.
How much is this home worth?
The estimated value of the home located at 208 9th Avenue is $0.
What are some comparable homes to 208 9th Avenue?
There are currently no comparable homes to 208 9th Avenue.
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