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DeKalb 60115
425 Leonard Avenue
$139,000
● House - Off Market

425 Leonard Avenue

DeKalb, IL 60115
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,400 Ft²
$153,137
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Why rent when you can become a homeowner! Interest rates are at an amazing low!  Home offers 3 bedrooms, 1.5 bathrooms, four season room, dining room, living room, large kitchen, full basement - some finishing touches - must see.  Laundry is located in basement as well as 3/4 bathroom, two large outdoor decks (front and back of home). Home has 1.5 garage, with a large, fenced in backyard. Home is being completely painted inside (walls, trim, windows, both decks). and brand new carpet throughout. Conventional or Cash only offers
Unit Size
1,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$99
Property Type
House
Property Taxes
$384
HOA Dues
-
Year Built
1911

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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 #11257811)

Price History

Date / Event Date Event Price
Dec 13, 2021 Sold
Premium
Sold
Oct 27, 2021 Listed by Berkshire Hathaway HomeServices Starck Real Estate $139,000
Listed by Berkshire Hathaway HomeServices Starck Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Full Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,800
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 400
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TAYLORS ADDITION
  • Land Acres: 0000000133
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 7 - BLK 3 - TAYLORS ADDITION

Neighborhood

  • School District Name: DeKalb Community Unit School District 428
  • Census Tract: 001300

Geography

  • Account Number: 0822403013
  • District: DK
  • Parcel: 08-22-403-013
  • Block: 3
  • Lot: 7
  • Municipality: DEKALB
  • Latitude: 41.9276
  • Longitude: -88.7593

    Address

  • Full Address: 425 Leonard Ave
  • Address - House Number: 425
  • Address - Street Name: Leonard
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Dekalb
  • Carrier Code: C012
  • 4-Digit Zip Code: 3639
  • Zip Code: 60115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $378,126
  • Tax Rate Code Area: DK12

    Appraisal Valuation

  • Standard Deviation: 0.1923
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 173,817
  • High Value: 207,252
  • Low Value: 140,382

    Market Valuation

  • Market Total Value: $142,662
  • Market Land Value: $15,525
  • Market Improvement Value: $127,137

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,554
  • Assessed Land Value: $5,175
  • Assessed Improvements Value: $42,379

    Sales

  • Current Sale Contract Date: Dec 17, 2019
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021016204
  • Previous Sale Recording Date: Jun 09, 2016
  • Previous Sale Contract Date: May 16, 2016
  • 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 DeKalb

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$170

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1752 ft²

Average Home Age

38.1 years

Currently For Sale

41 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: Jerri Nelson, Berkshire Hathaway HomeServices Starck Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11257811
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 425 Leonard Avenue built and last sold?
The property at 425 Leonard Avenue was built in 1911 and last sold on Dec 17, 2019 for $139,000.
How much is this home worth?
The estimated value of the home located at 425 Leonard Avenue is $0.
What are some comparable homes to 425 Leonard Avenue?
There are currently no comparable homes to 425 Leonard Avenue.
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