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Aurora 60506 Near West Galena
556 Charles Street E
$182,000
● House - Off Market

556 Charles Street E

Aurora, IL 60506
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,200 Ft²
$195,737
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

You have to see this home. Recently the interior was freshly painted, new bathroom vanities installed, ss appliances brought in, along with adding new carpet in the living areas along with each bedroom.  New windows were installed.  Each bedroom has ceiling fans for comfort.  This 3 bedroom, 1.5 bath home makes for good size to move around and space to enjoy the day.  The combination kitchen with dining area gives good room to enjoy meals, along with an outdoor deck right off the kitchen. In 2021 the house along with the 2 car garage had the roof replaced. The basement gives addition space to use. The home is being sold as is.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$154
Property Type
House
Property Taxes
$404
HOA Dues
-
Year Built
1932

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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 #11645569)

Price History

Date / Event Date Event Price
Jan 5, 2023 Sold
Premium
Sold
Oct 5, 2022 Listed by Keller Williams Inspire - Geneva $184,900
Listed by Keller Williams Inspire - Geneva

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 674
  • Garage Type: 1
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,874
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 490
  • Total Building Area: 2,278
  • Gross Building Area: 2,278
  • Building Area: 1,208
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 5
  • Heating: 0
  • Heated Square Feet: 1,208
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOYT BROS SUB
  • Land Acres: 0000000135
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: HOYT BROS SUBDN : LOT 7 BLK 2

Neighborhood

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

Geography

  • Parcel: 15-21-208-004
  • Block: 2
  • Lot: 7
  • Municipality: AURORA
  • Latitude: 41.7641
  • Longitude: -88.3284

    Address

  • Full Address: 556 Charles St
  • Address - House Number: 556
  • Address - Street Name: Charles
  • Address - Suffix Type: St
  • State: IL
  • City Name: Aurora
  • Carrier Code: C050
  • 4-Digit Zip Code: 3806
  • Zip Code: 60506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $462,620
  • Tax Rate Code Area: AU005

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 225,304
  • High Value: 263,460
  • Low Value: 187,147

    Market Valuation

  • Market Total Value: $156,849
  • Market Land Value: $23,953
  • Market Improvement Value: $132,896

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,262
  • Assessed Land Value: $7,981
  • Assessed Improvements Value: $44,281

    Sales

  • Current Sale Contract Date: Dec 20, 2022
  • Current Sale Recording Date: Feb 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3880
  • Previous Sale Recording Date: Feb 15, 2008
  • Previous Sale Contract Date: Jan 16, 2008
  • Previous Sale Amount: $112,000
  • Previous Sale Document Type: 68
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

Unit for rent at 1150 S Lincoln Avenue, Montgomery, IL, 60538

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,372 ft²
1150 S Lincoln Avenue, Montgomery, IL, 60538 Listing by Nicholas Brody

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Edgar Jimenez, Keller Williams Inspire - Geneva
Last Updated: 3 years ago
Data Source: MRED, MLS# 11645569
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 556 Charles Street built and last sold?
The property at 556 Charles Street was built in 1932 and last sold on Dec 20, 2022 for $182,000.
How much is this home worth?
The estimated value of the home located at 556 Charles Street is $0.
What are some comparable homes to 556 Charles Street?
There are currently no comparable homes to 556 Charles Street.
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