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LaSalle 61348
458 N 2599th Road
$162,500
● House - Off Market

458 N 2599th Road

Oglesby, IL 61348
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,522 Ft²
$171,037
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Custom 3 bedroom, 1.5 bath brick ranch with a 2.5 car garage on a beautiful private 1 acre wooded lot with many perennials.  Large kitchen with hardwood and custom cabinets with pull out shelving, under cabinet lighting, large island breakfast bar and additional space for dining.  All appliances remain.  The remodeled bath has a large gorgeous walk-in-shower.  First floor laundry.  The family room features a brick wood burning fireplace, bay window and custom wood ceiling. The large backyard contains a covered back porch, hot tub, redwood custom wishing well and shed for storage.  This is a beautiful country setting yet close to everything including nearby state parks.  The home is being sold as is.  Agent is related to seller.
Unit Size
1,522 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$113
Property Type
House
Property Taxes
$87
HOA Dues
-
Year Built
1974

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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: 2 years ago (MRED MLS #11840961)

Price History

Date / Event Date Event Price
Aug 16, 2023 Sold
Premium
Sold
Jul 23, 2023 Listed by Coldwell Banker Today's, Realtors $172,000
Listed by Coldwell Banker Today's, Realtors

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • 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: 164,657
  • Total Building Area: 2,140
  • Gross Building Area: 2,140
  • Building Area: 2,140
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003780
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: 3.78ACS SW1/4 NE1/4 SEC 26-33-1

Neighborhood

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

Geography

  • District: LS
  • Parcel: 18-26-218-000
  • Meridian: SEC 26 TWN 33 RNG 01
  • Municipality: LASALLE TOWNSHIP
  • Latitude: 41.3051
  • Longitude: -89.0773

    Address

  • Full Address: 458 N 2575th Rd
  • Address - House Number: 458
  • Street Direction: N
  • Address - Street Name: 2575th
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Oglesby
  • Carrier Code: C002
  • 4-Digit Zip Code: 9785
  • Zip Code: 61348

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $362,536
  • Tax Rate Code Area: LS006

    Appraisal Valuation

  • Standard Deviation: 0.2273
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 68
  • Final Value: 250,992
  • High Value: 308,051
  • Low Value: 193,933

    Market Valuation

  • Market Total Value: $215,154
  • Market Land Value: $39,666
  • Market Improvement Value: $175,488

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $71,718
  • Assessed Land Value: $13,222
  • Assessed Improvements Value: $58,496
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 LaSalle

Stats & Trends

Median Asking:

$208,421

Sale Price/ft²

$145

Below Asking

0.02%

Average Days on Market

52

Average Home Size

3168 ft²

Average Home Age

71.8 years

Currently For Sale

260 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

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MRED

Listed by: Barbara Kuzma, Coldwell Banker Today's, Realtors
Last Updated: 2 years ago
Data Source: MRED, MLS# 11840961
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 458 North 2599th Road built and last sold?
The property at 458 North 2599th Road was built in 1974 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 458 North 2599th Road is $0.
What are some comparable homes to 458 North 2599th Road?
There are currently no comparable homes to 458 North 2599th Road.
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