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Oswego 60543
505 Douglas Street
$278,000
● House - Off Market

505 Douglas Street

Oswego, IL 60543
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
900 Ft²
$306,274
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
Unit Size
900 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$309
Property Type
House
Property Taxes
$667
HOA Dues
-
Year Built
1966

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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

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Full Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,544
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,492
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,544
  • Gross Building Area: 1,544
  • Building Area: 1,544
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,544
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE OF OSWEGO
  • Land Acres: 0000000287
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: SEC. 19-37-8, COM INT SE LN MAIN ST & SW LN AVE A, SE 137.26 TO POB; CONT SE 125.29 TO NWLY ROW RT 25, SW ALG ROW 100, NW 131.96, NE 92.96 TO POB. VILLAGE OF OSWEGO.

Neighborhood

  • School District Name: Oswego Community Unit School District 308
  • Census Tract: 890106

Geography

  • Assessors Map Reference: 3263-B4
  • Parcel: 03-19-227-004
  • Meridian: SEC 19 TWN 37N RNG 08E
  • Municipality: OSWEGO TOWNSHIP
  • Latitude: 41.6771
  • Longitude: -88.3592

    Address

  • Full Address: 505 Douglas St
  • Address - House Number: 505
  • Address - Street Name: Douglas
  • Address - Suffix Type: St
  • State: IL
  • City Name: Oswego
  • Carrier Code: R012
  • 4-Digit Zip Code: 8515
  • Zip Code: 60543

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $797,684
  • Tax Rate Code Area: OS008

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 313,503
  • High Value: 366,341
  • Low Value: 260,665

    Market Valuation

  • Market Total Value: $283,011
  • Market Land Value: $47,901
  • Market Improvement Value: $235,110

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $94,337
  • Assessed Land Value: $15,967
  • Assessed Improvements Value: $78,370

    Sales

  • Current Sale Contract Date: Dec 06, 2021
  • Current Sale Recording Date: Jan 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 680
  • Previous Sale Recording Date: May 30, 2008
  • Previous Sale Contract Date: May 08, 2008
  • Previous Sale Amount: $240,000
  • 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 Oswego

Stats & Trends

Median Asking:

$419,900

Sale Price/ft²

$209

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2262 ft²

Average Home Age

17.5 years

Currently For Sale

119 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

Unit for rent at 6 Marlin Drive, Oswego, IL, 60543

$2,975 /mo

  • 3 Beds
  • 2 Baths
  • 1,746 ft²
6 Marlin Drive, Oswego, IL, 60543 Listing by Aneta Linko

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Scott Sartain, Keller Williams Innovate
Data Source: MRED, MLS# MRD11222004
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 505 Douglas Street built and last sold?
The property at 505 Douglas Street was built in 1966 and last sold on Dec 6, 2021 for $278,000.
How much is this home worth?
The estimated value of the home located at 505 Douglas Street is $0.
What are some comparable homes to 505 Douglas Street?
There are currently no comparable homes to 505 Douglas Street.
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