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Oglesby 61348
308 Korter Avenue
$193,000
● House - Off Market

308 Korter Avenue

Oglesby, IL 61348
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,544 Ft²
$1,085
Est. Monthly
19.08%
Cap Rate

About This Property

Experience the charm of country living in this spacious 4 bedroom, 2.5 bath home! Sprawling over 1.25 acres, this beauty is waiting for you to call it your own. The family room welcomes you as you walk in the front door with generous natural light. Newer stainless steel appliances in the kitchen include a double oven for all your baking needs! The spacious primary provides a full bath and outdoor access. Relax in bed while feeling that country breeze come through the sliding doors. Cabinet space is plentiful in the main bathroom with a charming vanity. Three additional bedrooms all large in size. The  basement awaits your final touches with a half bath and dry bar! A single shower is located in the laundry room. The possibilities are endless with this beautiful home. Don't miss your opportunity!
Unit Size
1,544 Ft²
Days on Market
-
Land Size
1.25 acres
Price per sqft
$125
Property Type
House
Property Taxes
$139
HOA Dues
-
Year Built
-

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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: 3 years ago (MRED MLS #12032931)

Price History

Date / Event Date Event Price
Jul 1, 2024 Sold
Premium
Sold
May 3, 2024 Listed by eXp Realty, LLC $192,500
Listed by eXp Realty, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • 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: 10,890
  • Total Building Area: 0
  • Building Area: 0

    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: V
  • Subdivision: COX & KEEFES SUB
  • Land Acres: 0000000250
  • Standard Land Use Code: 8001
  • County Land Use Code: 0030
  • Legal Description 1: COX-KEEFES SUB, E 1/2 N 1/2 LT 8 SEC 36-33-1

Neighborhood

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

Geography

  • District: LS
  • Parcel: 18-36-210-022
  • Lot: 8
  • Meridian: SEC 36 TWN 33 RNG 01
  • Municipality: LASALLE TOWNSHIP
  • Latitude: 41.2929
  • Longitude: -89.0488

    Address

  • Full Address: 308 Kotor Ave
  • Address - House Number: 308
  • Address - Street Name: Kotor
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oglesby
  • Zip Code: 61348

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,286
  • Tax Rate Code Area: LS008

    Market Valuation

  • Market Total Value: $4,998
  • Market Land Value: $4,998

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,666
  • Assessed Land Value: $1,666

    Sales

  • Current Sale Recording Date: Apr 11, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 4
  • Current Sale Input Document Number: 2012-07482
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 Oglesby

Stats & Trends

Median Asking:

$162,000

Sale Price/ft²

$123

Below Asking

0.03%

Average Days on Market

48

Average Home Size

1824 ft²

Average Home Age

55.4 years

Currently For Sale

7 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: Brittany Zickus, eXp Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 12032931
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 308 Korter Avenue built and last sold?
The property at 308 Korter Avenue was built in and last sold on Jan 1, 1970 for $12,000.
How much is this home worth?
The estimated value of the home located at 308 Korter Avenue is $197,943.
What are some comparable homes to 308 Korter Avenue?
There are currently no comparable homes to 308 Korter Avenue.
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