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LaSalle 61301
340 8th Street
$185,000
● House - Off Market

340 8th Street

Lasalle, IL 61301
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,441 Ft²
$1,328
Est. Monthly
19.34%
Cap Rate

About This Property

Move in ready! This lovely 2 story home features 4 bedrooms, 2 renovated full baths, charming covered front porch, open floor plan & a spacious family/rec room. The home is 2441 sq ft with vaulted cathedral ceiling, maintenance free vinyl siding, first floor bedroom & first floor laundry. The primary bedroom is upstairs and features its own interior balcony. This home has an oversized 2 car garage for all your toys and the homes interior was recently painted. Neat and clean as can be. Lots of room in this spacious LaSalle home.
Unit Size
2,441 Ft²
Days on Market
-
Land Size
-
Price per sqft
$76
Property Type
House
Property Taxes
$419
HOA Dues
-
Year Built
1900

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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

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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: 3,485
  • Total Building Area: 2,990
  • Gross Building Area: 2,990
  • Building Area: 2,990
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,990
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LASALLE (ORIGINAL TOWN)
  • Land Acres: 0000000080
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: TOWN OF LASALLE, E1/2 LT 3 BLK 39 SEC 15-33-1

Neighborhood

  • School District Name: LaSalle-Peru Township High School District 120
  • Census Tract: 962900

Geography

  • District: LS
  • Parcel: 18-15-123-003
  • Block: 39
  • Lot: 3
  • Meridian: SEC 15 TWN 33 RNG 01
  • Municipality: LASALLE TOWNSHIP
  • Latitude: 41.3351
  • Longitude: -89.1015

    Address

  • Full Address: 340 8th St
  • Address - House Number: 340
  • Address - Street Name: 8th
  • Address - Suffix Type: St
  • State: IL
  • City Name: La Salle
  • Carrier Code: C002
  • 4-Digit Zip Code: 1741
  • Zip Code: 61301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $466,652
  • Tax Rate Code Area: LS004

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 144,007
  • High Value: 163,613
  • Low Value: 124,400

    Market Valuation

  • Market Total Value: $134,889
  • Market Land Value: $7,692
  • Market Improvement Value: $127,197

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,963
  • Assessed Land Value: $2,564
  • Assessed Improvements Value: $42,399

    Sales

  • Current Sale Contract Date: Feb 11, 2022
  • Current Sale Recording Date: Feb 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-02127
  • Previous Sale Recording Date: Dec 20, 2021
  • Previous Sale Contract Date: Dec 16, 2021
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: FIX
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:

$149,900

Sale Price/ft²

$115

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1412 ft²

Average Home Age

91.7 years

Currently For Sale

21 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: Bonnie Lester, Coldwell Banker Today's, Realtors
Data Source: MRED, MLS# MRD12303290
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 340 8th Street built and last sold?
The property at 340 8th Street was built in 1900 and last sold on Feb 11, 2022 for $107,000.
How much is this home worth?
The estimated value of the home located at 340 8th Street is $0.
What are some comparable homes to 340 8th Street?
There are currently no comparable homes to 340 8th Street.
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