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LaSalle 61348
371 N 2575th Road
$95,000
● House - Off Market

371 N 2575th Road

Oglesby, IL 61348
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,112 Ft²
$492
Est. Monthly
30.00%
Cap Rate

About This Property

1.10 scenic acres!  This affordable home has 3 bedrooms, 1 bath, 2+ car attached garage, enclosed porch and a gorgeous yard.  There is a storage shed and most windows are replacement windows.  The kitchen has updated laminate flooring.  The stove, refrigerator, washer and dryer will remain.  A unique property at a great price!
Unit Size
1,112 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$85
Property Type
House
Property Taxes
$25
HOA Dues
-
Year Built
1933

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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.

Last updated: 2 years ago (MRED MLS #12060808)

Price History

Date / Event Date Event Price
Jul 17, 2024 Sold
Premium
Sold
May 19, 2024 Listed by Coldwell Banker Today's, Realtors $95,000
Listed by Coldwell Banker Today's, Realtors

Property Highlights

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • 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: 47,916
  • Total Building Area: 1,112
  • Gross Building Area: 1,112
  • Building Area: 1,112
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,112
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001100
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: THAT PT NW1/4 NE1/4 IN S330' & E66' ROAD ESMT EX E125' THEREOF

Neighborhood

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

Geography

  • District: LS
  • Parcel: 18-27-223-000
  • Municipality: LASALLE TOWNSHIP
  • Latitude: 41.3064
  • Longitude: -89.0932

    Address

  • Full Address: 371 N 2575th Rd
  • Address - House Number: 371
  • Street Direction: N
  • Address - Street Name: 2575th
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Oglesby
  • Carrier Code: R001
  • 4-Digit Zip Code: 9710
  • Zip Code: 61348

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: LS006

    Appraisal Valuation

  • Standard Deviation: 0.2374
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 120,403
  • High Value: 148,995
  • Low Value: 91,810

    Market Valuation

  • Market Total Value: $90,864
  • Market Land Value: $28,560
  • Market Improvement Value: $62,304

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,288
  • Assessed Land Value: $9,520
  • Assessed Improvements Value: $20,768

    Sales

  • Current Sale Contract Date: Jan 05, 2024
  • Current Sale Recording Date: Jan 19, 2024
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 2024-00593

    Last Sale Mortgage

  • First Mortgage Transaction Date:
    Premium
  • First Mortgage Loan Type:
    Premium
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:

$206,900

Sale Price/ft²

$146

Below Asking

0.02%

Average Days on Market

52

Average Home Size

3058 ft²

Average Home Age

71.3 years

Currently For Sale

285 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: Bonnie Lester, Coldwell Banker Today's, Realtors
Last Updated: 2 years ago
Data Source: MRED, MLS# 12060808
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 371 North 2575th Road built and last sold?
The property at 371 North 2575th Road was built in 1933 and last sold on Jan 5, 2024 for $0.
How much is this home worth?
The estimated value of the home located at 371 North 2575th Road is $0.
What are some comparable homes to 371 North 2575th Road?
There are currently no comparable homes to 371 North 2575th Road.
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