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Ottawa 61350
644 S First Avenue
$111,000
● House - Off Market

644 S First Avenue

OTTAWA, IL 61350
bedrooms
2 Beds
bathrooms
1 Bath
square feet
995 Ft²
$205,185
RealtyHop Estimate
71.13%
Since Jun 1, 2007
National-US
Primary Model

About This Property

ENJOY this 2 bdrm BRICK home, Open Lv. Rm to Lg Dining room. Eat in Kit has many newer style cabinets, Appliances stay,  Nice Pine Wood Floors, Stairs to floored Attic, Closed in Front Porch, Full Bsmnt.W/stool, shower, Lav. GFA & CA. New Ht. Wtr Heater, 1.5 car Det gar. Blcktop Driveway, VERY COMFORTABLE. ALL MEASUREMENTS ARE ROUNDED  644 S. FIRST AVE. OTTAWA, IL. 61350  $ 119,900.00
Unit Size
995 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$121
Property Type
House
Property Taxes
$127
HOA Dues
-
Year Built
1921

Payment Calculator

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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.

Property Highlights

Garage
Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • 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
  • 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: 7,841
  • Total Building Area: 988
  • Gross Building Area: 988
  • Building Area: 988
  • Building Area Measurement: T

    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: ASSESSORS PLAT OF SUB LOTS 1 THRU 4 OF L
  • Land Acres: 0000000180
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: S60'N126'W128'OF LOT 8 SUBD OF SW 1/4 NW 1/4

Neighborhood

  • School District Name: Ottawa Elementary School District 141
  • Census Tract: 963600

Geography

  • District: SO
  • Parcel: 22-13-129-011
  • Lot: 8
  • Municipality: SOUTH OTTAWA TOWNSHIP
  • Latitude: 41.3342
  • Longitude: -88.8369

    Address

  • Full Address: 644 1st Ave
  • Address - House Number: 644
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C006
  • 4-Digit Zip Code: 4002
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $297,756
  • Tax Rate Code Area: SO001

    Appraisal Valuation

  • Standard Deviation: 0.4112
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 17
  • Final Value: 248,713
  • High Value: 350,995
  • Low Value: 146,430

    Market Valuation

  • Market Total Value: $101,526
  • Market Land Value: $21,183
  • Market Improvement Value: $80,343

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,842
  • Assessed Land Value: $7,061
  • Assessed Improvements Value: $26,781

    Sales

  • Current Sale Contract Date: May 09, 2007
  • Current Sale Recording Date: May 10, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2007-11296
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 Ottawa

Stats & Trends

Median Asking:

$229,700

Sale Price/ft²

$157

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1771 ft²

Average Home Age

49.9 years

Currently For Sale

68 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 100 W Superior Street, Ottawa, IL, 61350

$1,100 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
100 W Superior Street #2, Ottawa, IL, 61350 Listing by Douglas Carroll

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Donald Jordan, Canale Real Estate Inc.
Data Source: MRED, MLS# MRD06396246
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 644 1st Avenue built and last sold?
The property at 644 1st Avenue was built in 1921 and last sold on May 9, 2007 for $111,000.
How much is this home worth?
The estimated value of the home located at 644 1st Avenue is $158,411.
What are some comparable homes to 644 1st Avenue?
There are currently no comparable homes to 644 1st Avenue.
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