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LaSalle 61348
2612 E 450th Road
$46,500
● House - Off Market

2612 E 450th Road

Oglesby, IL 61348
bedrooms
2 Beds
bathrooms
1 Bath
square feet
671 Ft²
$64,474
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Recently rehabbed, inside and out, 2-bedroom, 1-bath home. Features newer roof, siding, 9 doors and windows outside. Newer cabinets, carpeting, bathroom and fixtures. Home has main floor laundry. Newer furnace, a/c, and water heater. Great starter home or weekend retreat. Small lot with 2 parking spots. Maintenance free, must see! Outside deck great for cooking out.
Unit Size
671 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$69
Property Type
House
Property Taxes
$113
HOA Dues
-
Year Built
1948

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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.

Last updated: 2 years ago (MRED MLS #10497076)

Price History

Date / Event Date Event Price
Jul 2, 2020 Sold
Premium
Sold
Aug 26, 2019 Listed by Coldwell Banker Today's, Realtors $46,500
Listed by Coldwell Banker Today's, Realtors

Property Highlights

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • 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: 4,792
  • Total Building Area: 656
  • Gross Building Area: 656
  • Building Area: 656
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 656
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: S57' PT SE1/4 SW1/4 SEC 23-33-1, DESC AS, COM 194.7'N 1/4 COR WHICH IS 2673.3' W SE COR SEC 23, W59.4' N159' NE59.4' SE162.8'

Neighborhood

  • School District Name: LaSalle-Peru Township High School District 120
  • Census Tract: 963400

Geography

  • District: LS
  • Parcel: 18-23-301-009
  • Lot: 48
  • Meridian: SEC 23 TWN 33 RNG 01
  • Municipality: LASALLE TOWNSHIP
  • Latitude: 41.3103
  • Longitude: -89.078

    Address

  • Full Address: 2612 E 450th Rd
  • Address - House Number: 2612
  • Street Direction: E
  • Address - Street Name: 450th
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Oglesby
  • Carrier Code: R001
  • 4-Digit Zip Code: 9717
  • Zip Code: 61348

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $144,892
  • Tax Rate Code Area: LS006

    Appraisal Valuation

  • Standard Deviation: 0.2707
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 61
  • Final Value: 69,124
  • High Value: 87,841
  • Low Value: 50,408

    Market Valuation

  • Market Total Value: $56,448
  • Market Land Value: $1,680
  • Market Improvement Value: $54,768

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,816
  • Assessed Land Value: $560
  • Assessed Improvements Value: $18,256

    Sales

  • Current Sale Contract Date: Jul 02, 2020
  • Current Sale Recording Date: Jul 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202009720
  • Previous Sale Recording Date: Dec 01, 2014
  • Previous Sale Contract Date: Nov 26, 2014
  • Previous Sale Amount: $14,000
  • Previous Sale Document Type: 71

    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 LaSalle

Stats & Trends

Median Asking:

$210,000

Sale Price/ft²

$148

Below Asking

0.02%

Average Days on Market

51

Average Home Size

3060 ft²

Average Home Age

72.7 years

Currently For Sale

282 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: Garry Schroeder, Coldwell Banker Today's, Realtors
Last Updated: 2 years ago
Data Source: MRED, MLS# 10497076
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 2612 East 450th Road built and last sold?
The property at 2612 East 450th Road was built in 1948 and last sold on Jul 2, 2020 for $46,500.
How much is this home worth?
The estimated value of the home located at 2612 East 450th Road is $0.
What are some comparable homes to 2612 East 450th Road?
There are currently no comparable homes to 2612 East 450th Road.
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