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LaSalle 61348
2452 E 350th Road
$405,000
● House - Off Market

2452 E 350th Road

Oglesby, IL 61348
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$2,265
Est. Monthly
8.86%
Cap Rate

About This Property

Modern Farmhouse Appeal! On the outskirts of town this 4 bedroom home has been stripped to the bones and is a completely stunning renovation by an experienced contractor! Could be a 5th bedroom upstairs or be a playroom-den (this room has the full bathroom) Mudroom is colossal and is also the main level laundry & there's extra room for additional fridge. Main level bedroom has huge walk-in closet so you will never have to put away seasonal clothes again! All new Vinylmax dual glaze windows, metal white farmhouse style siding & insurance friendly metal roof! Kitchen design features Klearvue white shaker style cabinetry and contemporary color contrasting (Quartz) countertops.  Blown insulation too! Survey to be completed and will be 1.5- 2 acres more or less that includes the oversized 2 car garage 36'x32'.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$213
Property Type
House
Property Taxes
$178
HOA Dues
-
Year Built
1946

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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: 1946
  • Effective Year Built: 1946
  • 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: 370,260
  • Total Building Area: 2,000
  • Gross Building Area: 2,000
  • Building Area: 2,000
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,000
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Land Acres: 0000008500
  • Standard Land Use Code: 7001
  • County Land Use Code: 0011
  • Legal Description 1: S1/2 SW1/4 NE1/4 SEC 34-33-1 LYG W OF TRANSIT LINE

Neighborhood

  • School District Name: LaSalle-Peru Township High School District 120
  • Census Tract: 963200

Geography

  • District: LS
  • Section: 34
  • Parcel: 18-34-207-000
  • Meridian: SEC 34 TWN 33 RNG 01
  • Municipality: LASALLE TOWNSHIP
  • Latitude: 41.288
  • Longitude: -89.0963

    Address

  • Full Address: 2452 E 350th Rd
  • Address - House Number: 2452
  • Street Direction: E
  • Address - Street Name: 350th
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Oglesby
  • Carrier Code: R001
  • 4-Digit Zip Code: 9666
  • Zip Code: 61348

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $149,204
  • Tax Rate Code Area: LS006

    Market Valuation

  • Market Total Value: $66,505
  • Market Land Value: $16,811
  • Market Improvement Value: $49,694

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,376
  • Assessed Land Value: $6,695
  • Assessed Improvements Value: $18,681
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:

$210,000

Sale Price/ft²

$148

Below Asking

0.02%

Average Days on Market

52

Average Home Size

3057 ft²

Average Home Age

73 years

Currently For Sale

285 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: Ellen Credi, Blackhawk Brokerage LLC
Data Source: MRED, MLS# MRD12374015
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 2452 East 350th Road built and last sold?
The property at 2452 East 350th Road was built in 1946 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2452 East 350th Road is $0.
What are some comparable homes to 2452 East 350th Road?
There are currently no comparable homes to 2452 East 350th Road.
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