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Ottawa 61350
712 1st Avenue
$52,175
● House - Off Market

712 1st Avenue

Ottawa, IL 61350
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,537 Ft²
$60,042
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

3 bedroom 1 and 1/2 bath home with formal dining room, large partially fenced yard and 2 car detached garage.
Unit Size
1,537 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$30
Property Type
House
Property Taxes
$239
HOA Dues
-
Year Built
-

Payment Calculator

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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 #10930583)

Price History

Date / Event Date Event Price
Dec 16, 2020 Sold
Premium
Sold
Nov 10, 2020 Listed by Janko Realty & Development $45,700
Listed by Janko Realty & Development

Property Highlights

Garage

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
  • 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: 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: 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: PT SUBLOT 3 SW1/4 NW1/4 SEC 13-33-3, COM SW COR NW SEC, N559.50' ALG W LN NW1/4 SEC 13 TO A PT, E33' TO POB, N60' E136' S60'

Neighborhood

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

Geography

  • District: SO
  • Parcel: 22-13-129-026
  • Lot: 8
  • Meridian: SEC 13 TWN 33 RNG 03
  • Municipality: SOUTH OTTAWA TOWNSHIP
  • Latitude: 41.3333
  • Longitude: -88.8368

    Address

  • Full Address: 712 1st Ave
  • Address - House Number: 712
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C006
  • 4-Digit Zip Code: 4004
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $329,070
  • Tax Rate Code Area: SO001

    Appraisal Valuation

  • Standard Deviation: 0.2707
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 61
  • Final Value: 103,828
  • High Value: 131,942
  • Low Value: 75,715

    Market Valuation

  • Market Total Value: $110,310
  • Market Land Value: $28,182
  • Market Improvement Value: $82,128

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,770
  • Assessed Land Value: $9,394
  • Assessed Improvements Value: $27,376

    Sales

  • Current Sale Contract Date: Jan 10, 2020
  • Current Sale Recording Date: Jan 17, 2020
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 202000885
  • Previous Sale Recording Date: Apr 15, 2009
  • Previous Sale Contract Date: Apr 08, 2009
  • Previous Sale Document Type: 40
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:

$229,500

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1766 ft²

Average Home Age

51 years

Currently For Sale

70 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 611 Webster Street, Ottawa, IL, 61350

$1,200 /mo

  • 2 Beds
  • 1 Bath
  • 980 ft²
611 Webster Street #B, Ottawa, IL, 61350 Listing by Irina Allison

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Andrea Greenwalt, Janko Realty & Development
Last Updated: 2 years ago
Data Source: MRED, MLS# 10930583
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 712 1st Avenue built and last sold?
The property at 712 1st Avenue was built in and last sold on Jan 10, 2020 for $0.
How much is this home worth?
The estimated value of the home located at 712 1st Avenue is $0.
What are some comparable homes to 712 1st Avenue?
There are currently no comparable homes to 712 1st Avenue.
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