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Aurora 60506 Blackhawk
622 Morton Avenue
$190,000
● House - Off Market

622 Morton Avenue

Aurora, IL 60506
bedrooms
2 Beds
bathrooms
1 Bath
square feet
720 Ft²
$1,168
Est. Monthly
11.44%
Cap Rate

About This Property

***MULTIPLE OFFERS RECEIVED. HIGHEST & BEST DUE BY THURSDAY 11/9 @ NOON***Everything is NEW in this great 2 Bedroom, 1 Bathroom Ranch with Loft! Move right in! You'll love the New Laminate Flooring throughout, new SS Kitchen Appliances, new Light Fixtures, Canned Lighting, Updated Kitchen and Bathroom. Fenced Backyard with Concrete Patio. 1.5 Detached Garage. Sump Pump-2021, Roof-2017, AC-2017, Windows, Siding, Furnace-2013. Pull down stairs to attic loft.  Start off the fall in your new home.
Unit Size
720 Ft²
Days on Market
-
Land Size
-
Price per sqft
$250
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1943

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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 #11895484)

Price History

Date / Event Date Event Price
Dec 14, 2023 Sold
Premium
Sold
Nov 7, 2023 Listed by Keller Williams Premiere Properties $180,000
Listed by Keller Williams Premiere Properties

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 360
  • Garage Type: 1
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,280
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,360
  • Gross Building Area: 1,360
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 720
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST PARK ADDN
  • Land Acres: 0000000121
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: WEST PARK ADDN LOT 17 BLK 2

Neighborhood

  • School District Name: Aurora West Unit School District 129
  • Census Tract: 853100

Geography

  • Parcel: 15-16-353-024
  • Block: 2
  • Lot: 17
  • Municipality: AURORA
  • Latitude: 41.7694
  • Longitude: -88.336

    Address

  • Full Address: 622 Morton Ave
  • Address - House Number: 622
  • Address - Street Name: Morton
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Aurora
  • Carrier Code: C016
  • 4-Digit Zip Code: 2806
  • Zip Code: 60506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $340,392
  • Tax Rate Code Area: AU005

    Appraisal Valuation

  • Standard Deviation: 0.0882
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 92
  • Final Value: 178,821
  • High Value: 194,607
  • Low Value: 163,034

    Market Valuation

  • Market Total Value: $115,408
  • Market Land Value: $13,574
  • Market Improvement Value: $101,834

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,454
  • Assessed Land Value: $4,523
  • Assessed Improvements Value: $33,931

    Sales

  • Current Sale Contract Date: Dec 05, 2023
  • Current Sale Recording Date: Dec 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 44785
  • Previous Sale Recording Date: Jul 12, 2010
  • Previous Sale Contract Date: Jun 23, 2010
  • Previous Sale Amount: $79,000
  • 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 Blackhawk

Stats & Trends

Median Asking:

$337,000

Sale Price/ft²

$218

Below Asking

0.01%

Average Days on Market

36

Average Home Size

2282 ft²

Average Home Age

75.3 years

Currently For Sale

10 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 537-541 N Edgelawn Drive, Aurora, IL, 60506

$1,850 /mo

  • 2 Beds
  • 1 Bath
  • 864 ft²
537-541 N Edgelawn Drive #541, Aurora, IL, 60506 Listing by Haydee Rosas

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Annamarie Moise, Keller Williams Premiere Properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11895484
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 622 Morton Avenue built and last sold?
The property at 622 Morton Avenue was built in 1943 and last sold on Dec 5, 2023 for $190,000.
How much is this home worth?
The estimated value of the home located at 622 Morton Avenue is $180,136.
What are some comparable homes to 622 Morton Avenue?
There are currently no comparable homes to 622 Morton Avenue.
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