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Ottawa 61350
410 Park Avenue
$333,000
● House - Off Market

410 Park Avenue

Ottawa, IL 61350
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2,183 Ft²
$404,952
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Brick 1.5 story house fully remodeled 2017-2019. All new roof, windows, kitchen, flooring, bathrooms, light fixtures, trim, doors, tankless water heater, separate furnaces for upstairs and main level. Hickory hardwood throughout most of the living area, granite/quartz in kitchen and bathrooms. Custom tile shower in master and tile surrounds in other bathrooms. Finished basement with additional bathroom. 1/2 acre lot with river view 6 months of the year. Large fenced in back yard, large brick patio paver, oversized 2 car detached garage.
Unit Size
2,183 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$153
Property Type
House
Property Taxes
$533
HOA Dues
-
Year Built
1967

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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: 3 years ago (MRED MLS #11052021)

Price History

Date / Event Date Event Price
Apr 15, 2021 Sold
Premium
Sold
Apr 13, 2021 Listed by TCG Realty $333,000
Listed by TCG Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 2
  • 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: 25,265
  • Total Building Area: 1,980
  • Gross Building Area: 1,980
  • Building Area: 1,980
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,980
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND PARK (PT VACATED)
  • Land Acres: 0000000580
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: HIGHLAND PARK ADD, LT 1 (EX RESERVE), LT 2 & N33' LT 3 BLK 2 SEC 13-33-3

Neighborhood

  • School District Name: Ottawa Elementary School District 141
  • Census Tract: 963600

Geography

  • District: SO
  • Parcel: 22-13-105-015
  • Block: 2
  • Lot: 1-3
  • Meridian: SEC 13 TWN 33 RNG 03
  • Municipality: SOUTH OTTAWA TOWNSHIP
  • Latitude: 41.3388
  • Longitude: -88.8311

    Address

  • Full Address: 410 Park Ave
  • Address - House Number: 410
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C006
  • 4-Digit Zip Code: 3634
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $594,774
  • Tax Rate Code Area: SO001

    Appraisal Valuation

  • Standard Deviation: 0.2538
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 317,185
  • High Value: 397,705
  • Low Value: 236,665

    Market Valuation

  • Market Total Value: $199,845
  • Market Land Value: $23,739
  • Market Improvement Value: $176,106

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,615
  • Assessed Land Value: $7,913
  • Assessed Improvements Value: $58,702

    Sales

  • Current Sale Contract Date: Apr 15, 2021
  • Current Sale Recording Date: Apr 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-06051
  • Previous Sale Recording Date: Nov 08, 2017
  • Previous Sale Contract Date: Nov 08, 2017
  • Previous Sale Amount: $107,000
  • Previous Sale Document Type: 27
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 Ottawa

Stats & Trends

Median Asking:

$229,900

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1737 ft²

Average Home Age

49.5 years

Currently For Sale

70 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: Gentry Nordstrom, TCG Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11052021
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 410 Park Avenue built and last sold?
The property at 410 Park Avenue was built in 1967 and last sold on Apr 15, 2021 for $333,000.
How much is this home worth?
The estimated value of the home located at 410 Park Avenue is $0.
What are some comparable homes to 410 Park Avenue?
There are currently no comparable homes to 410 Park Avenue.
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