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El Paso 61738
357 W 3rd Street
Photo of 357 W 3rd Street
Sold on Jul 29, 2026

29

Map

Photo of 357 W 3rd Street
Photo of 357 W 3rd Street
$197,000
● House - Off Market

357 W 3rd Street

El Paso, IL 61738
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,096 Ft²
$1,185
Est. Monthly

About This Property

This lovely home boasts a convenient first-floor bedroom, complete with a full bath and laundry area. Upstairs, you'll discover two more bedrooms that share another full bath. The spacious fenced backyard is perfect for outdoor fun, and the oversized garage can fit up to four cars. A welcoming front porch greets you, while the back deck offers a great spot for relaxation and entertaining. With plenty of recent updates, this home is definitely worth a visit to see all it has to offer.
Unit Size
2,096 Ft²
Days on Market
-
Land Size
-
Price per sqft
$96
Property Type
House
Property Taxes
$195
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • 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 Count: 100
  • 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: 11,250
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 812
  • Building Area: 812
  • Building Area Measurement: M

    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: R
  • Subdivision: EL PASO-ORIGINAL TOWN
  • Land Acres: 0000000258
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: T26N - R2E - S05 PT LOT 2 BLK 24 ORIGINAL TOWN

Neighborhood

  • School District Name: El Paso-Gridley Community Unit School District 11
  • Census Tract: 030700

Geography

  • District: 16
  • Parcel: 16-05-302-005
  • Block: 24
  • Lot: 2
  • Meridian: SEC 05 TWN 26N RNG 02E
  • Municipality: EL PASO
  • Latitude: 40.7417
  • Longitude: -89.0216

    Address

  • Full Address: 357 W 3rd St
  • Address - House Number: 357
  • Street Direction: W
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: El Paso
  • Carrier Code: C002
  • 4-Digit Zip Code: 1035
  • Zip Code: 61738

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $184,274
  • Tax Rate Code Area: 16004

    Appraisal Valuation

  • Standard Deviation: 0.0929
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 91
  • Final Value: 144,567
  • High Value: 158,003
  • Low Value: 131,131

    Market Valuation

  • Market Total Value: $83,187
  • Market Land Value: $20,493
  • Market Improvement Value: $62,694

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,729
  • Assessed Land Value: $6,831
  • Assessed Improvements Value: $20,898

    Sales

  • Current Sale Contract Date: Nov 12, 2020
  • Current Sale Recording Date: Nov 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6258
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 El Paso

Stats & Trends

Median Asking:

$189,000

Sale Price/ft²

$93

Below Asking

0.02%

Average Days on Market

47

Average Home Size

1627 ft²

Average Home Age

63 years

Currently For Sale

4 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: Natalie Villagomez, eXp Realty
Data Source: MRED, MLS# MRD12633353
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 357 West 3rd Street built and last sold?
The property at 357 West 3rd Street was built in 1920 and last sold on Nov 12, 2020 for $136,500.
How much is this home worth?
The estimated value of the home located at 357 West 3rd Street is $214,621.
What are some comparable homes to 357 West 3rd Street?
There are currently no comparable homes to 357 West 3rd Street.
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