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Oglesby 61348
411 Swift Avenue
$243,000
● House - Off Market

411 Swift Avenue

Oglesby, IL 61348
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,920 Ft²
$262,016
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

A lovely four bedroom tri-level home featuring two newly remodeled bathrooms. Downstairs includes a family room, office, and laundry room. The backyard and covered porch is the perfect spot for entertaining family and friends. With its spacious layout and beautifully remodeled bathrooms, this home is sure to impress. Schedule a viewing today and see it for yourself today!
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$135
Property Type
House
Property Taxes
$228
HOA Dues
-
Year Built
1962

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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 #11741851)

Price History

Date / Event Date Event Price
May 15, 2023 Sold
Premium
Sold
Mar 21, 2023 Listed by Janko Realty & Development $260,000
Listed by Janko Realty & Development

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 12,632
  • Total Building Area: 1,920
  • Gross Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRESTWOOD 2ND ADD
  • Land Acres: 0000000290
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: CRESTWOOD 2ND ADD LOTS 5 & 6

Neighborhood

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

Geography

  • District: LS
  • Parcel: 18-26-403-015
  • Lot: 5-6
  • Municipality: LASALLE TOWNSHIP
  • Latitude: 41.2992
  • Longitude: -89.0703

    Address

  • Full Address: 411 Swift Ave
  • Address - House Number: 411
  • Address - Street Name: Swift
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oglesby
  • Carrier Code: C002
  • 4-Digit Zip Code: 1169
  • Zip Code: 61348

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $239,866
  • Tax Rate Code Area: LS007

    Appraisal Valuation

  • Standard Deviation: 0.2523
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 240,326
  • High Value: 300,974
  • Low Value: 179,677

    Market Valuation

  • Market Total Value: $135,438
  • Market Land Value: $14,040
  • Market Improvement Value: $121,398

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,146
  • Assessed Land Value: $4,680
  • Assessed Improvements Value: $40,466

    Sales

  • Current Sale Contract Date: May 10, 2023
  • Current Sale Recording Date: May 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-04731

    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 Oglesby

Stats & Trends

Median Asking:

$160,950

Sale Price/ft²

$130

Below Asking

0.03%

Average Days on Market

48

Average Home Size

1693 ft²

Average Home Age

81.2 years

Currently For Sale

9 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: Erik Milaicki, Janko Realty & Development
Last Updated: 3 years ago
Data Source: MRED, MLS# 11741851
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 411 Swift Avenue built and last sold?
The property at 411 Swift Avenue was built in 1962 and last sold on May 10, 2023 for $231,000.
How much is this home worth?
The estimated value of the home located at 411 Swift Avenue is $0.
What are some comparable homes to 411 Swift Avenue?
There are currently no comparable homes to 411 Swift Avenue.
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