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Aurora 60505 McCarty Burlington
374 Beach Street
$250,000
● House - Off Market

374 Beach Street

Aurora, IL 60505
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,216 Ft²
$1,500
Est. Monthly
11.90%
Cap Rate

About This Property

Perfect starter home, very well maintained, recent (2013) and new (2023) upgrades! Home was rehabed in 2013 with upgrades that include: new electrical, pluming, insulation, windows, furnace W/H, roofing, siding. Recent upgrades and improvements include: drive way renovated - 2014, Second floor Bath-2023,Sump pump-2020,Laminated floor-2022, Kitchen counter top-2021, Kitchen appliances-2022.  Security cameras will stay with property. WASHER & DRYER ARE NOT INCLUDED.
Unit Size
1,216 Ft²
Days on Market
-
Land Size
-
Price per sqft
$201
Property Type
House
Property Taxes
$297
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.

Last updated: 3 years ago (MRED MLS #12101836)

Price History

Date / Event Date Event Price
Aug 14, 2024 Sold
Premium
Sold
Jul 11, 2024 In contract -
In contract
Jul 5, 2024 Listed by Homesmart Connect LLC $245,000
Listed by Homesmart Connect LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 608
  • Garage Type: 1
  • Garage Square Area: 324
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,608
  • Total Building Area: 2,148
  • Gross Building Area: 2,243
  • Building Area: 1,216
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,216
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEACH&SHEDDS ADD
  • Land Acres: 0000000106
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: LUGG & PLAINS SUB OF BLKS : 7 & 10 BEACH & SHEDDS ADD : PT LOT 1 BLK 7

Neighborhood

  • School District Name: Aurora East Unit School District 131
  • Census Tract: 853402

Geography

  • Parcel: 15-23-154-021
  • Block: 7
  • Lot: 1
  • Municipality: AURORA
  • Latitude: 41.7627
  • Longitude: -88.297

    Address

  • Full Address: 374 Beach St
  • Address - House Number: 374
  • Address - Street Name: Beach
  • Address - Suffix Type: St
  • State: IL
  • City Name: Aurora
  • Carrier Code: C065
  • 4-Digit Zip Code: 2868
  • Zip Code: 60505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $330,246
  • Tax Rate Code Area: AU021

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 194,317
  • High Value: 221,309
  • Low Value: 167,326

    Market Valuation

  • Market Total Value: $130,450
  • Market Land Value: $18,085
  • Market Improvement Value: $112,365

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,466
  • Assessed Land Value: $6,026
  • Assessed Improvements Value: $37,440
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 McCarty Burlington

Stats & Trends

Median Asking:

$269,950

Sale Price/ft²

$199

Above Asking

0.00%

Average Days on Market

44

Average Home Size

970 ft²

Average Home Age

120.6 years

Currently For Sale

5 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

Unit for rent at 1150 S Lincoln Avenue, Montgomery, IL, 60538

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,372 ft²
1150 S Lincoln Avenue, Montgomery, IL, 60538 Listing by Nicholas Brody

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Hugo Estarita, Homesmart Connect LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 12101836
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 374 Beach Street built and last sold?
The property at 374 Beach Street was built in 1900 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 374 Beach Street is $0.
What are some comparable homes to 374 Beach Street?
There are currently no comparable homes to 374 Beach Street.
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