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Marseilles 61341
644 Clark Street
$42,000
● House - Off Market

644 Clark Street

Marseilles, IL 61341
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,107 Ft²
$48,374
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Looking for a project?  This 2 bedroom, 1 bath home in an established neighborhood is for you.  Lots of possibilities with a large family room, original hardwood floors, newer roof.  Within walking distance to downtown.  Bank owned, sold AS-IS.
Unit Size
1,107 Ft²
Days on Market
-
Land Size
-
Price per sqft
$43
Property Type
House
Property Taxes
$224
HOA Dues
-
Year Built
1927

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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: 2 years ago (MRED MLS #11403915)

Price History

Date / Event Date Event Price
May 27, 2022 Sold
Premium
Sold
May 13, 2022 Listed by RE/MAX 1st Choice $48,000
Listed by RE/MAX 1st Choice

Property Highlights

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • 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: 6,970
  • Total Building Area: 1,107
  • Gross Building Area: 1,107
  • Building Area: 1,107
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,107
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND & WATER POWER CO ADD
  • Land Acres: 0000000160
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: LAND & WATER POWER CO ADD TO MARSEILLES E1/2 NW1/4 SEC 13-33-4, LT 3 BLK 14

Neighborhood

  • School District Name: Marseilles Elementary School District 150
  • Census Tract: 962500

Geography

  • District: RU
  • Section: 13
  • Parcel: 15-49-117-008
  • Block: 14
  • Lot: 3
  • Meridian: SEC 13 TWN 33 RNG 04
  • Municipality: RUTLAND TOWNSHIP
  • Latitude: 41.3326
  • Longitude: -88.7178

    Address

  • Full Address: 644 Clark St
  • Address - House Number: 644
  • Address - Street Name: Clark
  • Address - Suffix Type: St
  • State: IL
  • City Name: Marseilles
  • Carrier Code: C001
  • 4-Digit Zip Code: 1371
  • Zip Code: 61341

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $285,874
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: RU009

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 83,961
  • High Value: 95,392
  • Low Value: 72,529

    Market Valuation

  • Market Total Value: $98,454
  • Market Land Value: $15,060
  • Market Improvement Value: $83,394

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,818
  • Assessed Land Value: $5,020
  • Assessed Improvements Value: $27,798

    Sales

  • Current Sale Contract Date: May 26, 2022
  • Current Sale Recording Date: Jun 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2022-07229
  • Previous Sale Recording Date: Apr 25, 2022
  • Previous Sale Contract Date: Apr 13, 2022
  • Previous Sale Document Type: 64

    Last Sale Mortgage

  • First Mortgage Transaction Date:
    Premium
  • First Mortgage Loan Type:
    Premium

    Previous Mortgages

  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Type:
    Premium
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 Marseilles

Stats & Trends

Median Asking:

$166,500

Sale Price/ft²

$129

Below Asking

0.02%

Average Days on Market

50

Average Home Size

43433 ft²

Average Home Age

88 years

Currently For Sale

9 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

Rentals Near You

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MRED

Listed by: Douglas Carroll, RE/MAX 1st Choice
Last Updated: 2 years ago
Data Source: MRED, MLS# 11403915
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 Clark Street built and last sold?
The property at 644 Clark Street was built in 1927 and last sold on May 26, 2022 for $40,000.
How much is this home worth?
The estimated value of the home located at 644 Clark Street is $0.
What are some comparable homes to 644 Clark Street?
There are currently no comparable homes to 644 Clark Street.
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