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Aurora 60505 Southeast Aurora
557 7th Avenue
$66,000
● House - Off Market

557 7th Avenue

AURORA, IL 60505
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,400 Ft²
$121,836
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model

About This Property

Charming home just waiting for an owner, property with a lot of potential just bring your ideas. Very spacious bathroom, formal dinning room, nice porch and cozy  kitchen.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$50
Property Type
House
Property Taxes
$129
HOA Dues
-
Year Built
1907

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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: 2 years ago (MRED MLS #09123855)

Price History

Date / Event Date Event Price
Mar 24, 2016 Sold
Premium
Sold
Jan 25, 2016 Listed by REDCO, Inc. $69,999
Listed by REDCO, Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1907
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 829
  • Garage Type: 1
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 2,422
  • Gross Building Area: 2,422
  • Building Area: 1,329
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,329
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BIDWELLS ADDN
  • Land Acres: 0000000900
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: BIDWELLS ADDN : WLY 60 FT LOT 16 BLK 6

Neighborhood

  • School District Name: Aurora East Unit School District 131
  • Census Tract: 854302

Geography

  • Parcel: 15-27-452-018
  • Block: 6
  • Lot: 16
  • Municipality: AURORA
  • Latitude: 41.7422
  • Longitude: -88.3083

    Address

  • Full Address: 557 7th Ave
  • Address - House Number: 557
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Aurora
  • Carrier Code: C056
  • 4-Digit Zip Code: 5239
  • Zip Code: 60505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $310,820
  • Tax Rate Code Area: AU021

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 190,065
  • High Value: 222,651
  • Low Value: 157,479

    Market Valuation

  • Market Total Value: $122,776
  • Market Land Value: $12,503
  • Market Improvement Value: $110,273

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,909
  • Assessed Land Value: $4,166
  • Assessed Improvements Value: $36,743

    Sales

  • Current Sale Contract Date: Mar 24, 2016
  • Current Sale Recording Date: Apr 13, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016K017379
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 Southeast Aurora

Stats & Trends

Median Asking:

$262,450

Sale Price/ft²

$203

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1215 ft²

Average Home Age

89.7 years

Currently For Sale

7 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 1085 Symphony Drive, Aurora, IL, 60504

$2,399 /mo

  • 3 Beds
  • 1 Bath
  • 1,160 ft²
1085 Symphony Drive, Aurora, IL, 60504 Listing by Anita Saggar

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Blanca Rivera, REDCO, Inc.
Last Updated: 2 years ago
Data Source: MRED, MLS# 09123855
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 557 7th Avenue built and last sold?
The property at 557 7th Avenue was built in 1907 and last sold on Mar 24, 2016 for $66,000.
How much is this home worth?
The estimated value of the home located at 557 7th Avenue is $81,202.
What are some comparable homes to 557 7th Avenue?
There are currently no comparable homes to 557 7th Avenue.
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