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Oregon 61061
701 Jackson Street
$125,000
● House - Off Market

701 Jackson Street

Oregon, IL 61061
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,032 Ft²
$823
Est. Monthly
10.96%
Cap Rate

About This Property

Cute as can be in a town you will love. Check out the photos on this house! It has 2 bedrooms and an office, a great kitchen with modern cabinets, and a dining room. Laundry hook ups currently in the basement and on the first floor. All appliances stay with the house. The house has 9 foot ceilings adding to the appeal. The roof was replaced in 2023. Windows are all double pane replacements. Gas forced air heat and central air. The 2 car detached garage also has a new roof in 2023. Furnishings and contents are negotiable. Credit at closing for $5,000 for a new tub. You will want to see this one! Make an appointment today.
Unit Size
1,032 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$121
Property Type
House
Property Taxes
$209
HOA Dues
-
Year Built
1897

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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 #12064639)

Price History

Date / Event Date Event Price
Jun 17, 2024 Sold
Premium
Sold
May 23, 2024 Listed by RE/MAX of Rock Valley $125,000
Listed by RE/MAX of Rock Valley

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1897
  • Effective Year Built: 1897
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 672
  • Garage Type: 4
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,385
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 330
  • Total Building Area: 1,032
  • Building Area: 1,032
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,032
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JACKSON ST B T PHELPSS ADD
  • Land Acres: 0000000100
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: RNG/BLK: TWP:0 SECT/LOT: W 33FT OUTLOT 1 S OF JACKSON ST B T PHELPSS ADD CITY OF OREGON

Neighborhood

  • School District Name: Oregon Community Unit School District 220
  • Census Tract: 961400

Geography

  • District: 18
  • Parcel: 16-03-115-001
  • Lot: 1
  • Municipality: OREGON-NASHUA
  • Latitude: 42.0184
  • Longitude: -89.3365

    Address

  • Full Address: 701 Jackson St
  • Address - House Number: 701
  • Address - Street Name: Jackson
  • Address - Suffix Type: St
  • State: IL
  • City Name: Oregon
  • Carrier Code: C001
  • 4-Digit Zip Code: 1318
  • Zip Code: 61061

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $235,344
  • Tax Rate Code Area: 1840

    Appraisal Valuation

  • Standard Deviation: 0.1307
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 73
  • Final Value: 86,059
  • High Value: 97,314
  • Low Value: 74,803

    Market Valuation

  • Market Total Value: $86,475
  • Market Land Value: $12,033
  • Market Improvement Value: $74,442

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,825
  • Assessed Land Value: $4,011
  • Assessed Improvements Value: $24,814

    Sales

  • Current Sale Contract Date: Jul 06, 2018
  • Current Sale Recording Date: Jul 12, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201803840
  • Previous Sale Recording Date: Mar 30, 2010
  • Previous Sale Contract Date: Mar 26, 2010
  • Previous Sale Amount: $92,900
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Oregon

Stats & Trends

Median Asking:

$165,000

Sale Price/ft²

$118

Below Asking

0.02%

Average Days on Market

44

Average Home Size

1650 ft²

Average Home Age

84.2 years

Currently For Sale

7 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: Lori Peterson, RE/MAX of Rock Valley
Last Updated: 3 years ago
Data Source: MRED, MLS# 12064639
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 701 Jackson Street built and last sold?
The property at 701 Jackson Street was built in 1897 and last sold on Jul 6, 2018 for $73,500.
How much is this home worth?
The estimated value of the home located at 701 Jackson Street is $0.
What are some comparable homes to 701 Jackson Street?
There are currently no comparable homes to 701 Jackson Street.
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