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Aurora 60505 Pigeon Hill
617 Monroe Street
$135,000
● House - Off Market

617 Monroe Street

Aurora, IL 60505
bedrooms
3 Beds
bathrooms
1 Bath
square feet
924 Ft²
$139,018
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

GREAT OPPORTUNITY for homeownership at a great price, PERFECT for rehabbers and investors.  This charming 3 bedroom, 1 bath 2-story is nestled on a quiet street and sits on one of the largest lots in the area.   It has great bones and there are MANY HIGHLIGHTS:   2 1/2 CAR DETACHED GARAGE with CARPORT 2014, ROOF 2015, REBUILT BACK PORCH 2016, ADDITIONAL BACK PARKING SPACES, UPDATED BATHROOM 2016, AND WATER HEATER 2019.   The property is being sold AS-IS.
Unit Size
924 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$146
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1900

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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 #11283375)

Price History

Date / Event Date Event Price
Mar 8, 2022 Sold
Premium
Sold
Jan 17, 2022 Listed by Baird & Warner $135,000
Listed by Baird & Warner

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • 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: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 616
  • Garage Type: 1
  • Garage Square Area: 319
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,372
  • Lot Size Depth Feet: 1,116
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,859
  • Gross Building Area: 2,013
  • Building Area: 924
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 924
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RURAL-PIERCE-WOOD-HIGH
  • Land Acres: 0000000192
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: PATRICK TIGHES ADDN TO AURORA LOT 10 BLK 2 LOT DIMENSIONS: 75 X 111.62 APPROX LOT SQ FT 8372 SUBDIVISION: RURAL-PIERCE-WOOD-HIGH RANGE CODE: 001

Neighborhood

  • School District Name: Aurora East Unit School District 131
  • Census Tract: 853300

Geography

  • Parcel: 15-14-357-006
  • Block: 2
  • Lot: 10
  • Municipality: AURORA
  • Latitude: 41.7683
  • Longitude: -88.2975

    Address

  • Full Address: 617 Monroe St
  • Address - House Number: 617
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: IL
  • City Name: Aurora
  • Carrier Code: C071
  • 4-Digit Zip Code: 2528
  • Zip Code: 60505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $384,464
  • Tax Rate Code Area: AU021

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 190,507
  • High Value: 223,169
  • Low Value: 157,845

    Market Valuation

  • Market Total Value: $151,867
  • Market Land Value: $27,173
  • Market Improvement Value: $124,694

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,602
  • Assessed Land Value: $9,054
  • Assessed Improvements Value: $41,548

    Sales

  • Current Sale Contract Date: Feb 07, 2022
  • Current Sale Recording Date: Apr 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 18664
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 Pigeon Hill

Stats & Trends

Median Asking:

$285,000

Sale Price/ft²

$214

Below Asking

0.01%

Average Days on Market

52

Average Home Size

857 ft²

Average Home Age

41.4 years

Currently For Sale

5 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 810 Four Seasons Boulevard, Aurora, IL, 60504

$2,800 /mo

  • 3 Beds
  • 3 Baths
  • 1,800 ft²
810 Four Seasons Boulevard, Aurora, IL, 60504 Listing by Ajit Kolekar

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Karen Wehrli, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11283375
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 617 Monroe Street built and last sold?
The property at 617 Monroe Street was built in 1900 and last sold on Feb 7, 2022 for $135,000.
How much is this home worth?
The estimated value of the home located at 617 Monroe Street is $0.
What are some comparable homes to 617 Monroe Street?
There are currently no comparable homes to 617 Monroe Street.
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