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Mendota 61342
300 5th Avenue
$43,000
● House - Off Market

300 5th Avenue

Mendota, IL 61342
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,690 Ft²
$74,349
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

MOTIVATED SELLER!!!  3-4 Bedroom on a corner lot with gas fireplace ready to be updated inside!! Close to the park. Perfect for a family. Make it your own with a large, deep 2 car garage. Home features main level laundry, built in shelves, bonus rooms, large living room! Property being sold as-is.
Unit Size
1,690 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$33
Property Type
House
Property Taxes
$144
HOA Dues
-
Year Built
1885

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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 #10615777)

Price History

Date / Event Date Event Price
Sep 1, 2020 Sold
Premium
Sold
Jan 21, 2020 Listed by Bullock Real Estate Group, LLC $55,000
Listed by Bullock Real Estate Group, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1885
  • Effective Year Built: 1885
  • 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: 5,663
  • Total Building Area: 1,690
  • Gross Building Area: 1,690
  • Building Area: 1,690
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,690
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MENDOTA (ORIGINAL TOWN)
  • Land Acres: 0000000130
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: TOWN OF MENDOTA, LT 1 (EX W10') BLK 23 SEC 33-36-1

Neighborhood

  • School District Name: Mendota Township High School District 280
  • Census Tract: 962000

Geography

  • District: MD
  • Parcel: 01-33-419-018
  • Block: 23
  • Lot: 1
  • Meridian: SEC 33 TWN 36 RNG 01
  • Municipality: MENDOTA TOWNSHIP
  • Latitude: 41.543
  • Longitude: -89.1149

    Address

  • Full Address: 300 5th Ave
  • Address - House Number: 300
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Mendota
  • Carrier Code: C003
  • 4-Digit Zip Code: 2123
  • Zip Code: 61342

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $270,466
  • Tax Rate Code Area: MD002

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 108,754
  • High Value: 123,560
  • Low Value: 93,947

    Market Valuation

  • Market Total Value: $107,727
  • Market Land Value: $11,370
  • Market Improvement Value: $96,357

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $35,909
  • Assessed Land Value: $3,790
  • Assessed Improvements Value: $32,119

    Sales

  • Current Sale Contract Date: Aug 26, 2020
  • Current Sale Recording Date: Sep 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 2020-13282
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 Mendota

Stats & Trends

Median Asking:

$157,000

Sale Price/ft²

$112

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1550 ft²

Average Home Age

95.2 years

Currently For Sale

9 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: Jamie Unholz, Bullock Real Estate Group, LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 10615777
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 300 5th Avenue built and last sold?
The property at 300 5th Avenue was built in 1885 and last sold on Aug 26, 2020 for $43,000.
How much is this home worth?
The estimated value of the home located at 300 5th Avenue is $0.
What are some comparable homes to 300 5th Avenue?
There are currently no comparable homes to 300 5th Avenue.
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