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Aurora 60506 Near West Galena
416 Spruce Street
$122,000
● House - Off Market

416 Spruce Street

Aurora, IL 60506
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,254 Ft²
$140,405
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model
Unit Size
1,254 Ft²
Days on Market
-
Land Size
-
Price per sqft
$108
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
1900

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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

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • 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: 468
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,896
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 560
  • Total Building Area: 1,722
  • Gross Building Area: 1,722
  • Building Area: 1,254
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 0
  • Heated Square Feet: 1,254
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GALES ADDN
  • Land Acres: 0000000181
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: GALES ADDN PT LOT 3 BLOCK 19

Neighborhood

  • School District Name: Aurora West Unit School District 129
  • Census Tract: 853200

Geography

  • District: TANNER
  • Parcel: 15-21-278-004
  • Block: 19
  • Lot: 3
  • Municipality: AURORA
  • Latitude: 41.7628
  • Longitude: -88.3237

    Address

  • Full Address: 416 Spruce St
  • Address - House Number: 416
  • Address - Street Name: Spruce
  • Address - Suffix Type: St
  • State: IL
  • City Name: Aurora
  • Carrier Code: C002
  • 4-Digit Zip Code: 3938
  • Zip Code: 60506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $373,774
  • Tax Rate Code Area: AU005

    Appraisal Valuation

  • Standard Deviation: 0.0879
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 92
  • Final Value: 208,498
  • High Value: 226,840
  • Low Value: 190,155

    Market Valuation

  • Market Total Value: $144,733
  • Market Land Value: $25,213
  • Market Improvement Value: $119,520

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,225
  • Assessed Land Value: $8,401
  • Assessed Improvements Value: $39,824

    Sales

  • Current Sale Contract Date: Sep 15, 2022
  • Current Sale Recording Date: Oct 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 49759
  • Previous Sale Recording Date: Sep 08, 2022
  • Previous Sale Contract Date: Jul 26, 2022
  • Previous Sale Amount: $122,000
  • Previous Sale Document Type: 71
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 Near West Galena

Stats & Trends

Median Asking:

$279,900

Sale Price/ft²

$195

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1270 ft²

Average Home Age

109.3 years

Currently For Sale

3 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

Rentals Near You

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MRED

Listed by: Dominic Po, Real People Realty
Data Source: MRED, MLS# MRD11612015
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 416 Spruce Street built and last sold?
The property at 416 Spruce Street was built in 1900 and last sold on Sep 15, 2022 for $122,000.
How much is this home worth?
The estimated value of the home located at 416 Spruce Street is $0.
What are some comparable homes to 416 Spruce Street?
There are currently no comparable homes to 416 Spruce Street.
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