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DeKalb 60115
614 Best Avenue
$223,400
● House - Off Market

614 Best Avenue

DeKalb, IL 60115
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,000 Ft²
$220,269
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Adorable updated and remodeled  3 bedroom, 2 bath ranch all ready to go! This home features refinished hardwood floors, cozy living room with huge picture window making it light and bright. Lovely eat-in oak kitchen with stainless steel appliances and new modern flooring. Glass slider opens to rear deck and steps down to large patio. Lovely remodeled tiled bathroom with 42" solid surface vanity sink. Partially finished basement with vinyl wood plank flooring throughout hallway and bonus room.  New full bath and laundry room as well with two additional rooms that are perfect for storage with shelving or option to finish to expand. 2 car plus garage with work area, shed and yard is fully fenced! Updates include; New Plumbing, all electrical, windows, siding, roof and  insulation! Come take a look!
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$220
Property Type
House
Property Taxes
$307
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 #11776650)

Price History

Date / Event Date Event Price
Jun 23, 2023 Sold
Premium
Sold
May 5, 2023 Listed by J.Jill Realty Group $219,900
Listed by J.Jill Realty Group

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: 10,550
  • Lot Size Depth Feet: 1,407
  • Lot Size Frontage Feet: 750
  • 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: COLONIAL SUBDIVISION
  • Land Acres: 0000000242
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 19 - BLK 8 - COLONIAL SUBDIVISION

Neighborhood

  • School District Name: DeKalb Community Unit School District 428
  • Census Tract: 001500

Geography

  • Account Number: 0826354006
  • District: DK
  • Parcel: 08-26-354-006
  • Block: 8
  • Lot: 19
  • Municipality: DEKALB
  • Latitude: 41.9112
  • Longitude: -88.7494

    Address

  • Full Address: 614 Best Ave
  • Address - House Number: 614
  • Address - Street Name: Best
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Dekalb
  • Carrier Code: C009
  • 4-Digit Zip Code: 4768
  • Zip Code: 60115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $362,168
  • Tax Rate Code Area: DK12

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 193,340
  • High Value: 227,770
  • Low Value: 158,911

    Market Valuation

  • Market Total Value: $137,478
  • Market Land Value: $27,984
  • Market Improvement Value: $109,494

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,826
  • Assessed Land Value: $9,328
  • Assessed Improvements Value: $36,498

    Sales

  • Current Sale Contract Date: Jun 23, 2023
  • Current Sale Recording Date: Jun 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4348
  • Previous Sale Recording Date: Oct 16, 2007
  • Previous Sale Contract Date: Oct 11, 2007
  • Previous Sale Amount: $100,000
  • 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 DeKalb

Stats & Trends

Median Asking:

$259,950

Sale Price/ft²

$170

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1751 ft²

Average Home Age

37.1 years

Currently For Sale

38 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

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MRED

Listed by: Jill Jacobsen-Haka, J.Jill Realty Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11776650
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 614 Best Avenue built and last sold?
The property at 614 Best Avenue was built in and last sold on Jun 23, 2023 for $223,500.
How much is this home worth?
The estimated value of the home located at 614 Best Avenue is $0.
What are some comparable homes to 614 Best Avenue?
There are currently no comparable homes to 614 Best Avenue.
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