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Ottawa 61350
2506 Sunset Boulevard
$240,000
● House - Off Market

2506 Sunset Boulevard

Ottawa, IL 61350
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,571 Ft²
$1,593
Est. Monthly

About This Property

Charming and full of character, this adorable two-bedroom, one-and-a-half-bath home on Ottawa's desirable north side is ready to welcome you! Beautiful hardwood floors flow through the inviting living room, complete with a cozy wood-burning fireplace, and into a separate dining area perfect for entertaining. The spacious family room is a true standout, featuring soaring vaulted ceilings and plenty of room to relax or gather. Need extra space? You'll love the versatile bonus room-ideal for a home office, recreation area, or whatever suits your lifestyle.  A warm, inviting home with flexible living space and timeless charm-don't miss your chance to make it yours!
Unit Size
1,571 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$153
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 8,071
  • Total Building Area: 1,571
  • Gross Building Area: 1,571
  • Building Area: 1,571
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,571
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAUDELLES OAK RIDGE SUB
  • Land Acres: 0000000185
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: MAUDELLES OAK RIDGE SUB PT NW1/4 NW1/4 SEC 1-33-3, LT 11 BLK 1 (EX E5

Neighborhood

  • School District Name: Ottawa Elementary School District 141
  • Census Tract: 962600

Geography

  • District: OT
  • Parcel: 21-01-101-011
  • Block: 1
  • Lot: 11
  • Meridian: SEC 01 TWN 33 RNG 03
  • Municipality: OTTAWA TOWNSHIP
  • Latitude: 41.3673
  • Longitude: -88.8315

    Address

  • Full Address: 2506 Sunset Blvd
  • Address - House Number: 2506
  • Address - Street Name: Sunset
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C004
  • 4-Digit Zip Code: 1255
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $388,170
  • Tax Rate Code Area: OT002

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 155,221
  • High Value: 176,354
  • Low Value: 134,087

    Market Valuation

  • Market Total Value: $127,071
  • Market Land Value: $41,292
  • Market Improvement Value: $85,779

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,357
  • Assessed Land Value: $13,764
  • Assessed Improvements Value: $28,593

    Sales

  • Current Sale Contract Date: Aug 01, 2020
  • Current Sale Recording Date: Aug 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202011490

    Last Sale Mortgage

  • First Mortgage Transaction Date:
    Premium
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 Ottawa

Stats & Trends

Median Asking:

$229,250

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1740 ft²

Average Home Age

52.3 years

Currently For Sale

66 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 1952 Columbus Street, Ottawa, IL, 61350

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
1952 Columbus Street, Ottawa, IL, 61350 Listing by Delores Barrera

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Cortney Kaufman, Coldwell Banker Real Estate Group
Data Source: MRED, MLS# MRD12635616
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 2506 Sunset Boulevard built and last sold?
The property at 2506 Sunset Boulevard was built in 1960 and last sold on Aug 1, 2020 for $147,500.
How much is this home worth?
The estimated value of the home located at 2506 Sunset Boulevard is $245,199.
What are some comparable homes to 2506 Sunset Boulevard?
There are currently no comparable homes to 2506 Sunset Boulevard.
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