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DeKalb 60115
702 N 5th Street
$160,000
● House - Off Market

702 N 5th Street

DeKalb, IL 60115
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,036 Ft²
$151,067
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Move-in Ready! Many new updates to this 3-4 Bedroom/1 Bath 2-story! Newly refinished hardwood floors, NEW flooring, NEW carpet, New paint, and more! Updated kitchen w/new countertops, paint, and flooring.   Updated full bath w/new vanity, plumbing, and light fixtures. Convenient 1st-floor bath & laundry. Office/Den can easily be converted back to an optional 4th bedroom on the 1st floor. Chimney and foundation recently had tuckpointing for general maintenance.  Mature trees and a larger yard to entertain outdoors as well!  The enclosed front porch and spacious side porch with newer decking provide additional entertainment space.
Unit Size
1,036 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$145
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
-

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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 #11368169)

Price History

Date / Event Date Event Price
May 13, 2022 Sold
Premium
Sold
Apr 8, 2022 Listed by American Realty $149,900
Listed by American Realty

Property Highlights

Building Info

Overview

    General

  • 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
  • Living Units: 1
  • 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: 9,068
  • Total Building Area: 0
  • Building Area: 0

    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: KINGS ADDITION
  • Land Acres: 0000000208
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: N 90FT LOT 3 - BLK 4 - W B KINGS ADDITION

Neighborhood

  • School District Name: DeKalb Community Unit School District 428
  • Census Tract: 001300

Geography

  • Account Number: 0823130005
  • District: DK
  • Parcel: 08-23-130-005
  • Block: 4
  • Lot: 3
  • Municipality: DEKALB
  • Latitude: 41.9354
  • Longitude: -88.7461

    Address

  • Full Address: 702 N 5th St
  • Address - House Number: 702
  • Street Direction: N
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Dekalb
  • Carrier Code: C003
  • 4-Digit Zip Code: 3319
  • Zip Code: 60115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $335,126
  • Tax Rate Code Area: DK12

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 154,720
  • High Value: 182,815
  • Low Value: 126,625

    Market Valuation

  • Market Total Value: $108,966
  • Market Land Value: $33,009
  • Market Improvement Value: $75,957

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,322
  • Assessed Land Value: $11,003
  • Assessed Improvements Value: $25,319

    Sales

  • Current Sale Contract Date: May 13, 2022
  • Current Sale Recording Date: May 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4932
  • Previous Sale Recording Date: Oct 03, 2012
  • Previous Sale Contract Date: Oct 01, 2012
  • Previous Sale Amount: $63,000
  • Previous Sale Document Type: 69
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 DeKalb

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$169

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1653 ft²

Average Home Age

41 years

Currently For Sale

43 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 416 Red Wing Lane, DeKalb, IL, 60115

$2,750 /mo

  • 4 Beds
  • 3 Baths
  • 1,800 ft²
416 Red Wing Lane, DeKalb, IL, 60115 Listing by Katherine Gannon

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Alison Rosenow, American Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11368169
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 702 North 5th Street built and last sold?
The property at 702 North 5th Street was built in and last sold on May 13, 2022 for $160,000.
How much is this home worth?
The estimated value of the home located at 702 North 5th Street is $153,470.
What are some comparable homes to 702 North 5th Street?
There are currently no comparable homes to 702 North 5th Street.
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