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LaSalle 61350
2595 E 1069th Road
$65,000
● House - Off Market

2595 E 1069th Road

Ottawa, IL 61350
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,628 Ft²
$95,120
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

This two story home has four bedrooms, three baths  and includes family room and separate dining room. Located in a small subdivision near Starved Rock State Park. Fireplace. Porch. Patio doors to upper deck.  Seller will not complete any repairs to the subject property, either lender or buyer requested. The property is sold in AS IS condition.
Unit Size
2,628 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$25
Property Type
House
Property Taxes
$473
HOA Dues
-
Year Built
1950

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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: 2 years ago (MRED MLS #10172480)

Price History

Date / Event Date Event Price
Sep 13, 2019 Sold
Premium
Sold
Jan 11, 2019 Listed by Windsor Realty $64,900
Listed by Windsor Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 24,829
  • Total Building Area: 2,628
  • Gross Building Area: 2,628
  • Building Area: 2,628
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,628
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CANYON DRIVE SUB
  • Land Acres: 0000000570
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: CANYON DRIVE SUB, LT 6 SEC 26-33-2

Neighborhood

  • School District Name: LaSalle-Peru Township High School District 120
  • Census Tract: 964000

Geography

  • District: DE
  • Parcel: 20-26-210-003
  • Lot: 6
  • Meridian: SEC 26 TWN 33 RNG 02
  • Municipality: DEER PARK TOWNSHIP
  • Latitude: 41.3085
  • Longitude: -88.9587

    Address

  • Full Address: 2595 E 1069th Rd
  • Address - House Number: 2595
  • Street Direction: E
  • Address - Street Name: 1069th
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Ottawa
  • Carrier Code: R004
  • 4-Digit Zip Code: 9271
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $565,356
  • Tax Rate Code Area: DE002

    Appraisal Valuation

  • Standard Deviation: 0.1076
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 89
  • Final Value: 341,417
  • High Value: 378,155
  • Low Value: 304,678

    Market Valuation

  • Market Total Value: $236,181
  • Market Land Value: $19,827
  • Market Improvement Value: $216,354

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $78,727
  • Assessed Land Value: $6,609
  • Assessed Improvements Value: $72,118

    Sales

  • Current Sale Contract Date: Sep 06, 2019
  • Current Sale Recording Date: Sep 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201912218
  • Previous Sale Recording Date: Oct 19, 2018
  • Previous Sale Contract Date: Oct 12, 2018
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: FIX
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:

$206,450

Sale Price/ft²

$146

Below Asking

0.02%

Average Days on Market

52

Average Home Size

3058 ft²

Average Home Age

71.3 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: Bette Pearlman, Windsor Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 10172480
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 2595 East 1069th Road built and last sold?
The property at 2595 East 1069th Road was built in 1950 and last sold on Sep 6, 2019 for $65,000.
How much is this home worth?
The estimated value of the home located at 2595 East 1069th Road is $0.
What are some comparable homes to 2595 East 1069th Road?
There are currently no comparable homes to 2595 East 1069th Road.
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