For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Marseilles 61341
711 First Avenue
$180,000
● House - Off Market

711 First Avenue

Marseilles, IL 61341
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,344 Ft²
$190,465
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

GREAT LOCATION, Well Built "Tri-level" (with a basement), beautiful wooded back yard, on  a quiet dead-end street (perfect for raising children).  Spacious home with 3 large bedrooms, completely re-done "Master Bathroom", 2.5 bathrooms, fireplace in lower level "Family Room", extra large 2.5 car garage (climate controlled), large deck and a storage shed.  Wonderful place to raise a family, or to  just relax and enjoy!
Unit Size
1,344 Ft²
Days on Market
-
Land Size
-
Price per sqft
$141
Property Type
House
Property Taxes
$311
HOA Dues
-
Year Built
1977

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 years ago (MRED MLS #11648930)

Price History

Date / Event Date Event Price
May 19, 2023 Sold
Premium
Sold
Oct 10, 2022 Listed by Washington Square, Realtors $189,000
Listed by Washington Square, Realtors

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • 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: 15,682
  • Total Building Area: 1,696
  • Gross Building Area: 1,696
  • Building Area: 1,696
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,696
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GUMM & HARRINGTON ADD
  • Land Acres: 0000000360
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: GUM-HARRINGTONS ADD LOT 4 & 5 BLK 2

Neighborhood

  • School District Name: Marseilles Elementary School District 150
  • Census Tract: 962400

Geography

  • District: MA
  • Parcel: 24-18-406-018
  • Block: 2
  • Lot: 4-5
  • Municipality: MANLIUS TOWNSHIP
  • Latitude: 41.3296
  • Longitude: -88.6954

    Address

  • Full Address: 711 1st Ave
  • Address - House Number: 711
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Marseilles
  • Carrier Code: R004
  • 4-Digit Zip Code: 1605
  • Zip Code: 61341

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $349,006
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: MA005

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 248,492
  • High Value: 349,132
  • Low Value: 147,851

    Market Valuation

  • Market Total Value: $116,343
  • Market Land Value: $13,698
  • Market Improvement Value: $102,645

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,781
  • Assessed Land Value: $4,566
  • Assessed Improvements Value: $34,215

    Sales

  • Current Sale Contract Date: May 19, 2023
  • Current Sale Recording Date: May 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-04988

    Financing

  • First Mortgage Financing Type: VAR
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

$130

Below Asking

0.01%

Average Days on Market

49

Average Home Size

35803 ft²

Average Home Age

90.1 years

Currently For Sale

11 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

Click here to view more rentals in the neighborhood.
MRED

Listed by: James Rice, Washington Square, Realtors
Last Updated: 2 years ago
Data Source: MRED, MLS# 11648930
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 711 1st Avenue built and last sold?
The property at 711 1st Avenue was built in 1977 and last sold on May 19, 2023 for $180,000.
How much is this home worth?
The estimated value of the home located at 711 1st Avenue is $0.
What are some comparable homes to 711 1st Avenue?
There are currently no comparable homes to 711 1st Avenue.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Manlius Homes for Sale
Manlius Houses for Sale
Manlius Townhouses for Sale
Manlius Multifamily for Sale
Manlius Land for Sale
Manlius Commercial for Sale
Manlius Homes with Basements
Manlius Homes with Pools
Nearby Cities
Marseilles Homes for Sale
Seneca Homes for Sale
Dayton Homes for Sale
Nearby Property Records
Grundy County, IL Property Records
LaSalle County, IL Property Records
Kendall County, IL Property Records
Will County, IL Property Records
Livingston County, IL Property Records
DeKalb County, IL Property Records
Lee County, IL Property Records
Bureau County, IL Property Records
Nearby Counties
Rutland Homes for Sale
Erienna Homes for Sale
Dayton Homes for Sale
Fall River Homes for Sale
Vienna Homes for Sale
Brookfield Homes for Sale
Miller Homes for Sale
Norman Homes for Sale
Top Real Estate Agents
Top Agents in Manlius
Top Agents in 61341
Top Agents in Rutland
Top Agents in Marseilles
Top Agents in Erienna
Top Agents in 61360
Top Agents in Seneca
Top Agents in Dayton