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Aurora 60506 Blackhawk
401 N Fordham Avenue
$240,000
● House - Off Market

401 N Fordham Avenue

Aurora, IL 60506
bedrooms
2 Beds
bathrooms
1 Bath
square feet
994 Ft²
$1,611
Est. Monthly
8.38%
Cap Rate

About This Property

SOMETHING TO BE THANKFUL FOR!! ABSOLUTELY ADORABLE WEST SIDE RANCH IN MOVE IN CONDITION! PRETTY KITCHEN, LOADS OF CABINETRY, TILED BACKSPLASH AND WITH ALL APPLIANCES INCLUDED - OPENS TO LARGE FAMILY/FLEX ROOM WITH GREAT HARDSURFACE FLOORING! SPACIOUS FAMILY ROOM AND 2 BEDROOMS AND FULL BATHROOM - ALL NESTLED ON BIG FENCED IN LOT WITH AWESOME DECK FOR ENTERTAINING AND BIG 2 CAR GARAGE TOO! CLOSE TO SHOPPING AND RESTAURANTS AND WALKING DISTANCE TO SCHOOL!  FOLLOW YOUR HEART HOME!!
Unit Size
994 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$261
Property Type
House
Property Taxes
$335
HOA Dues
-
Year Built
1954

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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

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,390
  • Gross Building Area: 1,390
  • Building Area: 994
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 994
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST PARK ADDN
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: WEST PARK ADDN : S 1/4 LOT 11 & ALL : LOT 14 BLK 27

Neighborhood

  • School District Name: Aurora West Unit School District 129
  • Census Tract: 853100

Geography

  • Section: 20
  • Parcel: 15-20-227-009
  • Block: 27
  • Lot: 11,14
  • Municipality: AURORA
  • Latitude: 41.766
  • Longitude: -88.3414

    Address

  • Full Address: 401 N Fordham Ave
  • Address - House Number: 401
  • Street Direction: N
  • Address - Street Name: Fordham
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Aurora
  • Carrier Code: C016
  • 4-Digit Zip Code: 3612
  • Zip Code: 60506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $401,480
  • Tax Rate Code Area: AU005

    Appraisal Valuation

  • Standard Deviation: 0.1667
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 78
  • Final Value: 228,534
  • High Value: 266,631
  • Low Value: 190,437

    Market Valuation

  • Market Total Value: $169,133
  • Market Land Value: $26,609
  • Market Improvement Value: $142,524

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,355
  • Assessed Land Value: $8,866
  • Assessed Improvements Value: $47,489

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 10, 2023
  • Current Sale Recording Date: Nov 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 41435
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 Blackhawk

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$216

Below Asking

0.01%

Average Days on Market

36

Average Home Size

1726 ft²

Average Home Age

79 years

Currently For Sale

13 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 1351 Monomoy Street, Aurora, IL, 60506

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 876 ft²
1351 Monomoy Street #C3, Aurora, IL, 60506 Listing by Adriana Del Toro

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Melissa Garcia, Legacy Properties
Data Source: MRED, MLS# MRD12197797
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 401 North Fordham Avenue built and last sold?
The property at 401 North Fordham Avenue was built in 1954 and last sold on Nov 10, 2023 for $225,000.
How much is this home worth?
The estimated value of the home located at 401 North Fordham Avenue is $260,569.
What are some comparable homes to 401 North Fordham Avenue?
There are currently no comparable homes to 401 North Fordham Avenue.
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