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DeKalb 60115
612 Leonard Avenue
$245,000
● House - Off Market

612 Leonard Avenue

DeKalb, IL 60115
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,295 Ft²
$1,503
Est. Monthly
10.78%
Cap Rate

About This Property

Wow! Come see this lovely ranch home that has been completely remodeled! Check out these upgrades: New complete HVAC system, all new foundation drainage system, complete new kitchen with all new appliances, 2 new full bathrooms, fresh paint, all new flooring and so, so much more! Full basement just waiting to be finished for more living space! Hardwood floors and new windows throughout! Cute brand new patio for those cookouts and warm summer nights! Show your buyers the rest and then show them the best! Move in ready and just waiting for the proud new homeowner!
Unit Size
1,295 Ft²
Days on Market
-
Land Size
-
Price per sqft
$189
Property Type
House
Property Taxes
$299
HOA Dues
-
Year Built
-

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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: 3 years ago (MRED MLS #12009061)

Price History

Date / Event Date Event Price
Jun 4, 2024 Sold
Premium
Sold
Mar 19, 2024 Listed by Whyrent Real Estate Company $245,000
Listed by Whyrent Real Estate Company

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • 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
  • Living Units: 1
  • 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: 7,200
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 480
  • Total Building Area: 0
  • Building Area: 0

    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
  • Subdivision: NORTON & HUDSONS ADDITION
  • Land Acres: 0000000165
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 3 - BLK 1 - NORTON & HUDSONS ADDITION

Neighborhood

  • School District Name: DeKalb Community Unit School District 428
  • Census Tract: 001300

Geography

  • Account Number: 0822453004
  • District: DK
  • Parcel: 08-22-453-004
  • Block: 1
  • Lot: 3
  • Municipality: DEKALB
  • Latitude: 41.9259
  • Longitude: -88.7592

    Address

  • Full Address: 612 Leonard Ave
  • Address - House Number: 612
  • Address - Street Name: Leonard
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Dekalb
  • Carrier Code: C012
  • 4-Digit Zip Code: 4158
  • Zip Code: 60115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $359,036
  • Tax Rate Code Area: DK12

    Appraisal Valuation

  • Standard Deviation: 0.138
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 171,597
  • High Value: 195,289
  • Low Value: 147,904

    Market Valuation

  • Market Total Value: $136,455
  • Market Land Value: $19,386
  • Market Improvement Value: $117,069

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,485
  • Assessed Land Value: $6,462
  • Assessed Improvements Value: $39,023

    Sales

  • Current Sale Contract Date: Jun 06, 2022
  • Current Sale Recording Date: Jun 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 5654
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 DeKalb

Stats & Trends

Median Asking:

$259,400

Sale Price/ft²

$170

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1723 ft²

Average Home Age

34.5 years

Currently For Sale

36 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 217 S 3rd Street, DeKalb, IL, 60115

$1,200 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
217 S 3rd Street #3, DeKalb, IL, 60115 Listing by Kenneth Carn

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: John Hoffman, Whyrent Real Estate Company
Last Updated: 3 years ago
Data Source: MRED, MLS# 12009061
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 612 Leonard Avenue built and last sold?
The property at 612 Leonard Avenue was built in and last sold on Jun 6, 2022 for $126,500.
How much is this home worth?
The estimated value of the home located at 612 Leonard Avenue is $247,436.
What are some comparable homes to 612 Leonard Avenue?
There are currently no comparable homes to 612 Leonard Avenue.
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