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Oglesby 61348
355 Sunset Boulevard
$140,000
● House - Off Market

355 Sunset Boulevard

Oglesby, IL 61348
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,023 Ft²
$880
Est. Monthly
15.85%
Cap Rate

About This Property

Well built 2 bedroom, 1 bathroom house on a corner lot in Oglesby.  Property features an open concept with living room, dining room and kitchen all open to each other.  Property also features a 2 car garage, fenced in patio and full basement.  Imagine the possibilities when coming to see this property. Property is being sold "AS IS".
Unit Size
1,023 Ft²
Days on Market
-
Land Size
-
Price per sqft
$132
Property Type
House
Property Taxes
$216
HOA Dues
-
Year Built
1979

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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 #12090602)

Price History

Date / Event Date Event Price
Jul 26, 2024 Sold
Premium
Sold
Jun 27, 2024 In contract -
In contract
Jun 21, 2024 Listed by Coldwell Banker Today's, Realtors $135,000
Listed by Coldwell Banker Today's, Realtors

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • 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: 6,534
  • Total Building Area: 1,023
  • Gross Building Area: 1,023
  • Building Area: 1,023
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,023
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRESTWOOD 2ND ADD
  • Land Acres: 0000000150
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: CRESTWOOD 2ND ADD, LT 17 SEC 26-33-1

Neighborhood

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

Geography

  • District: LS
  • Parcel: 18-26-404-027
  • Lot: 17
  • Meridian: SEC 26 TWN 33 RNG 01
  • Municipality: LASALLE TOWNSHIP
  • Latitude: 41.2989
  • Longitude: -89.0698

    Address

  • Full Address: 355 Sunset Blvd
  • Address - House Number: 355
  • Address - Street Name: Sunset
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Oglesby
  • Carrier Code: C002
  • 4-Digit Zip Code: 1165
  • Zip Code: 61348

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $220,610
  • Tax Rate Code Area: LS007

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 114,864
  • High Value: 130,502
  • Low Value: 99,225

    Market Valuation

  • Market Total Value: $90,138
  • Market Land Value: $11,247
  • Market Improvement Value: $78,891

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,046
  • Assessed Land Value: $3,749
  • Assessed Improvements Value: $26,297

    Sales

  • Current Sale Contract Date: Aug 19, 2021
  • Current Sale Recording Date: Aug 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-13249
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:

$160,950

Sale Price/ft²

$130

Below Asking

0.03%

Average Days on Market

48

Average Home Size

1693 ft²

Average Home Age

81.2 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

Rentals Near You

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MRED

Listed by: Thomas Templeton, Coldwell Banker Today's, Realtors
Last Updated: 2 years ago
Data Source: MRED, MLS# 12090602
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 355 Sunset Boulevard built and last sold?
The property at 355 Sunset Boulevard was built in 1979 and last sold on Aug 19, 2021 for $105,000.
How much is this home worth?
The estimated value of the home located at 355 Sunset Boulevard is $137,494.
What are some comparable homes to 355 Sunset Boulevard?
There are currently no comparable homes to 355 Sunset Boulevard.
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