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Sterling 61081
2103 22nd Avenue
$146,000
● House - Off Market

2103 22nd Avenue

Sterling, IL 61081
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,552 Ft²
$920
Est. Monthly
8.73%
Cap Rate

About This Property

SIMPLY ADORABLE!  This well maintained, 3 bedroom, one level home is located in a handy Sterling neighborhood. You'll be warmly greeted by a cozy living room/dining room. The convenient kitchen, with center island and newer appliances, is perfect for meal prep and entertaining. Stove (2023). Dishwasher (2023). Sink/faucet/countertop (2023). Refrigerator (2017). You'll love the spacious family room with easy care laminate flooring, wood burning fireplace and sliders to the patio.  Plenty of storage too with a large walk in closet off the family room.. The convenient attached garage with keyless entry offers a safe, easy access.    Central air (2017). Roof (2013). The privacy fenced backyard with large storage shed is perfect for the family to enjoy year 'round.
Unit Size
1,552 Ft²
Days on Market
-
Land Size
-
Price per sqft
$90
Property Type
House
Property Taxes
$232
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 #11970515)

Price History

Date / Event Date Event Price
Mar 18, 2024 Sold
Premium
Sold
Feb 2, 2024 Listed by RE/MAX Sauk Valley $139,900
Listed by RE/MAX Sauk Valley

Property Highlights

Air Conditioning
Fireplace

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: 9,520
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 680
  • 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: NORTHVIEW HEIGHTS
  • Land Acres: 0000000219
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: NORTHVIEW HEIGHTS LOT 6 & S 2' LOT 5 644500X

Neighborhood

  • School District Name: Sterling Community Unit District 5
  • Census Tract: 001300

Geography

  • Account Number: 92731
  • District: 10
  • Parcel: 1115427021
  • Lot: 5-6
  • Municipality: STERLING
  • Latitude: 41.8077
  • Longitude: -89.672

    Address

  • Full Address: 2103 22nd Ave
  • Address - House Number: 2103
  • Address - Street Name: 22nd
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Sterling
  • Carrier Code: C001
  • 4-Digit Zip Code: 1707
  • Zip Code: 61081

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $278,514
  • Tax Rate Code Area: 01005

    Appraisal Valuation

  • Standard Deviation: 0.4582
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 8
  • Final Value: 92,795
  • High Value: 135,320
  • Low Value: 50,269

    Market Valuation

  • Market Total Value: $96,198
  • Market Land Value: $9,879
  • Market Improvement Value: $86,319

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,066
  • Assessed Land Value: $3,293
  • Assessed Improvements Value: $28,773

    Sales

  • Current Sale Contract Date: Mar 18, 2024
  • Current Sale Recording Date: Mar 22, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1244
  • Previous Sale Recording Date: Sep 29, 2014
  • Previous Sale Contract Date: Sep 26, 2014
  • Previous Sale Amount: $79,000
  • Previous Sale Document Type: 71
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:

$134,900

Sale Price/ft²

$109

Below Asking

0.02%

Average Days on Market

47

Average Home Size

1296 ft²

Average Home Age

89.6 years

Currently For Sale

32 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: Patricia Sword, RE/MAX Sauk Valley
Last Updated: 3 years ago
Data Source: MRED, MLS# 11970515
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 2103 22nd Avenue built and last sold?
The property at 2103 22nd Avenue was built in and last sold on Mar 18, 2024 for $146,000.
How much is this home worth?
The estimated value of the home located at 2103 22nd Avenue is $0.
What are some comparable homes to 2103 22nd Avenue?
There are currently no comparable homes to 2103 22nd Avenue.
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