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Ottawa 61350
2715 Everette Road
$224,000
● House - Off Market

2715 Everette Road

Ottawa, IL 61350
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,724 Ft²
$1,521
Est. Monthly
12.06%
Cap Rate

About This Property

Welcome to this charming brick ranch on Ottawa's desirable north side, perfectly situated near major interstates, shopping, restaurants, and just a short drive to downtown Ottawa. Step inside to find a warm and inviting layout featuring 3 main floor bedrooms with stunning hardwood floors, a full bathroom, and a spacious kitchen ready for your culinary creations. The cozy family room/den is the heart of the home, offering a wood-burning fireplace, beamed ceiling, and plenty of space to relax or entertain. The partially finished basement adds even more living space with a large rec room and a laundry area complete with a shower. Outside, enjoy the attached one-car garage, a wood deck perfect for summer evenings, and a property that offers both convenience and comfort.
Unit Size
1,724 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$133
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1957

Payment Calculator

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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
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • 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: 9,148
  • Total Building Area: 1,724
  • Gross Building Area: 1,724
  • Building Area: 1,724
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DUDGEONS 4TH ADD
  • Land Acres: 0000000210
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: DUDGEONS 4TH ADD PT SW1/4 SW1/4, LT 15 & ADJ W10' SEC 36-34-3

Neighborhood

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

Geography

  • District: DA
  • Parcel: 14-36-303-002
  • Lot: 15
  • Meridian: SEC 36 TWN 34 RNG 03
  • Municipality: DAYTON TOWNSHIP
  • Latitude: 41.3713
  • Longitude: -88.8321

    Address

  • Full Address: 2715 Everette Rd
  • Address - House Number: 2715
  • Address - Street Name: Everette
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C018
  • 4-Digit Zip Code: 1017
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $373,192
  • Tax Rate Code Area: DA007

    Appraisal Valuation

  • Standard Deviation: 0.2466
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 65
  • Final Value: 145,459
  • High Value: 181,336
  • Low Value: 109,582

    Market Valuation

  • Market Total Value: $104,514
  • Market Land Value: $33,264
  • Market Improvement Value: $71,250

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,838
  • Assessed Land Value: $11,088
  • Assessed Improvements Value: $23,750

    Sales

  • Current Sale Contract Date: Jan 23, 2014
  • Current Sale Recording Date: Jan 23, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 4
  • Current Sale Input Document Number: 2014-01403
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:

$229,700

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1752 ft²

Average Home Age

50.6 years

Currently For Sale

71 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: George Shanley, Coldwell Banker Real Estate Group
Data Source: MRED, MLS# MRD12425944
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 2715 Everette Road built and last sold?
The property at 2715 Everette Road was built in 1957 and last sold on Jan 23, 2014 for $80,000.
How much is this home worth?
The estimated value of the home located at 2715 Everette Road is $0.
What are some comparable homes to 2715 Everette Road?
There are currently no comparable homes to 2715 Everette Road.
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