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LaSalle 61341
2212 N 2829th Road
$348,000
● House - Off Market

2212 N 2829th Road

Marseilles, IL 61341
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,320 Ft²
$2,076
Est. Monthly
7.68%
Cap Rate

About This Property

Captivating, newly remodeled 3 bedrooms/3 full bathrooms home on 3.25 acres partially wooded lot, w/ updated 42'' kitchen cabinets, stylish countertops, high-end backsplash and stainless-steel appliances, beautiful hardwood floors throughout first floor and vinyl plank floors in basement, interior freshly painted and abundant natural light throughout, full finished basement with family room and office space or could be used as the 4th bedroom, and attached 1-car garage. Move-in ready in.
Unit Size
1,320 Ft²
Days on Market
-
Land Size
3.25 acres
Price per sqft
$269
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1954

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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

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 143,312
  • Total Building Area: 1,170
  • Gross Building Area: 1,170
  • Building Area: 1,170
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003290
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: E1/2 W1/2 SW1/4 SW1/4 SEC 11-33-4 (EX N264' N OF PUB HWY .363AC TO RD

Neighborhood

  • School District Name: Rutland Community Consolidated School District 230
  • Census Tract: 962500

Geography

  • District: RU
  • Parcel: 15-47-307-000
  • Meridian: SEC 11 TWN 33 RNG 04
  • Municipality: RUTLAND TOWNSHIP
  • Latitude: 41.342
  • Longitude: -88.7421

    Address

  • Full Address: 2212 N 2829th Rd
  • Address - House Number: 2212
  • Street Direction: N
  • Address - Street Name: 2829th
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Marseilles
  • Carrier Code: R003
  • 4-Digit Zip Code: 9611
  • Zip Code: 61341

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $219,600
  • Tax Rate Code Area: RU005

    Appraisal Valuation

  • Standard Deviation: 0.2273
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 68
  • Final Value: 177,273
  • High Value: 217,573
  • Low Value: 136,972

    Market Valuation

  • Market Total Value: $153,738
  • Market Land Value: $58,461
  • Market Improvement Value: $95,277

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,246
  • Assessed Land Value: $19,487
  • Assessed Improvements Value: $31,759
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 LaSalle

Stats & Trends

Median Asking:

$205,000

Sale Price/ft²

$145

Below Asking

0.02%

Average Days on Market

52

Average Home Size

3230 ft²

Average Home Age

72.8 years

Currently For Sale

255 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: Luis Carrillo, Kettley & Co. Inc. - Aurora
Data Source: MRED, MLS# MRD12394911
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 2212 North 2829th Road built and last sold?
The property at 2212 North 2829th Road was built in 1954 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2212 North 2829th Road is $0.
What are some comparable homes to 2212 North 2829th Road?
There are currently no comparable homes to 2212 North 2829th Road.
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