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Aurora 60506 Near West Galena
441 Oak Avenue
$115,000
● House - Off Market

441 Oak Avenue

AURORA, IL 60506
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,836 Ft²
$167,207
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Handsomely Elegant Brick Colonial in Tanner Historic District. This architectural beauty is loaded with character and details galore, that needs some restoration. Sold "As-Is".
Unit Size
2,836 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$37
Property Type
House
Property Taxes
$551
HOA Dues
-
Year Built
1929

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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 #09409900)

Price History

Date / Event Date Event Price
Dec 10, 2018 No longer available -
No longer available
Oct 31, 2018 Relisted $219,900
Relisted
Oct 29, 2018 No longer available -
No longer available
Aug 25, 2018 No longer available -
No longer available
Aug 4, 2018 Listed $219,900
Listed
The manager has listed the unit size as 2836 square feet.
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Property Highlights

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 0
  • 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: 1,284
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,651
  • Total Building Area: 4,503
  • Gross Building Area: 4,503
  • Building Area: 2,778
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,778
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: J R&J C HANNAS ADDN
  • Land Acres: 0000000176
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: J R & J C HANNAS ADDN : LOT 18 BLOCK 4

Neighborhood

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

Geography

  • District: TANNER
  • Parcel: 15-22-104-011
  • Block: 4
  • Lot: 18
  • Municipality: AURORA
  • Latitude: 41.7658
  • Longitude: -88.3166

    Address

  • Full Address: 441 Oak Ave
  • Address - House Number: 441
  • Address - Street Name: Oak
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Aurora
  • Carrier Code: C002
  • 4-Digit Zip Code: 3107
  • Zip Code: 60506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $800,870
  • Tax Rate Code Area: AU152

    Appraisal Valuation

  • Standard Deviation: 0.1566
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 353,155
  • High Value: 408,463
  • Low Value: 297,847

    Market Valuation

  • Market Total Value: $289,538
  • Market Land Value: $16,966
  • Market Improvement Value: $272,572

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $96,474
  • Assessed Land Value: $5,653
  • Assessed Improvements Value: $90,821

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 25, 2020
  • Current Sale Recording Date: May 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020K025118
  • Previous Sale Recording Date: Dec 21, 2018
  • Previous Sale Contract Date: Oct 26, 2018
  • Previous Sale Amount: $217,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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

$196

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1184 ft²

Average Home Age

114 years

Currently For Sale

4 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: , Foley Properties Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 09409900
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 441 Oak Avenue built and last sold?
The property at 441 Oak Avenue was built in 1929 and last sold on Apr 25, 2020 for $250,000.
How much is this home worth?
The estimated value of the home located at 441 Oak Avenue is $0.
What are some comparable homes to 441 Oak Avenue?
There are currently no comparable homes to 441 Oak Avenue.
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