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LaSalle 61350
3334 E 2059th Road
$48,000
● House - Off Market

3334 E 2059th Road

Ottawa, IL 61350
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$355
Est. Monthly
32.24%
Cap Rate

About This Property

Views of the Fox River from the front window! This 2 bedroom, one bath home is a great place to relax and chill.  Make this your getaway? How about your investment property? So much potential!  Located along the Fox River, if you like to canoe, fish, or just relax, this is a great location to do that!  Take time to take a look, it's priced to sell!  It will need a little TLC, but with a little elbow grease, it can be a real charmer! Selling this home 'as is'. Accepting offers only cash or conventional only. No govt. loans, home will not meet requirements. (Location is considered Wedron)
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$57
Property Type
House
Property Taxes
$65
HOA Dues
-
Year Built
1922

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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 #12175782)

Price History

Date / Event Date Event Price
Jan 2, 2025 Sold
Premium
Sold
Dec 12, 2024 In contract -
In contract
Nov 14, 2024 Price Decreased $59,000
↓ $10K (14.5%)
Price Decreased
Oct 30, 2024 Relisted $69,000
Relisted
Oct 16, 2024 In contract -
In contract
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • 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: 1,040
  • Gross Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEBOLTS 4TH ADD
  • Land Acres: 0000000130
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: DEBOLTS 4TH. ADD. TO SULPHUR SPRINGS LOT 44

Neighborhood

  • School District Name: Community Unit School District 2
  • Census Tract: 962300

Geography

  • District: RU
  • Parcel: 15-16-401-016
  • Lot: 44
  • Municipality: RUTLAND TOWNSHIP
  • Latitude: 41.4191
  • Longitude: -88.774

    Address

  • Full Address: 3334 E 2059th Rd
  • Address - House Number: 3334
  • Street Direction: E
  • Address - Street Name: 2059th
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Ottawa
  • Carrier Code: R003
  • 4-Digit Zip Code: 9487
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $77,547
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: RU003

    Appraisal Valuation

  • Standard Deviation: 0.2374
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 56,890
  • High Value: 70,400
  • Low Value: 43,380

    Market Valuation

  • Market Total Value: $34,128
  • Market Land Value: $10,917
  • Market Improvement Value: $23,211

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $11,376
  • Assessed Land Value: $3,639
  • Assessed Improvements Value: $7,737
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:

$209,900

Sale Price/ft²

$147

Below Asking

0.02%

Average Days on Market

52

Average Home Size

3069 ft²

Average Home Age

71.2 years

Currently For Sale

283 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

Rentals Near You

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MRED

Listed by: Alice Green, Starved Rock Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 12175782
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 3334 East 2059th Road built and last sold?
The property at 3334 East 2059th Road was built in 1922 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3334 East 2059th Road is $0.
What are some comparable homes to 3334 East 2059th Road?
There are currently no comparable homes to 3334 East 2059th Road.
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