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Aurora 60506 North River
735 Hammond Avenue
$195,000
● House - Off Market

735 Hammond Avenue

Aurora, IL 60506
bedrooms
2 Beds
bathrooms
1 Bath
square feet
860 Ft²
$199,156
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Welcome Home! This adorable 2 bedroom ranch is just the right amount of space.  There is an enclosed porch as you walk up loaded with future potential and you walk in to a spacious family room with space for an office.  2 bedrooms are set off to the side with the 1 bath. Walk through to the kitchen complete with stainless steel appliances and a dining room that overlooks the backyard.  This home has a full basement, 100amp service, as well as some newer items in the home with windows and roof replaced in 2013, vinyl flooring in 2019, and new AC in 2016.  Under $200,000 this is a great deal.  Check out the video for a full walk-through and come see it in person today.
Unit Size
860 Ft²
Days on Market
-
Land Size
-
Price per sqft
$232
Property Type
House
Property Taxes
$246
HOA Dues
-
Year Built
1931

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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 #11903045)

Price History

Date / Event Date Event Price
Oct 31, 2023 Sold
Premium
Sold
Oct 6, 2023 Listed by MBC Realty & Insurance Group I $199,900
Listed by MBC Realty & Insurance Group I

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 860
  • Garage Type: 1
  • Garage Square Area: 252
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,100
  • Total Building Area: 1,972
  • Gross Building Area: 1,972
  • Building Area: 860
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 860
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAKER-MORTON ADDN
  • Land Acres: 0000000163
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: LOT 5 BLK 12 IN BAKER-MORTON ADDN

Neighborhood

  • School District Name: Aurora West Unit School District 129
  • Census Tract: 852905

Geography

  • Parcel: 15-16-427-005
  • Block: 12
  • Lot: 5
  • Municipality: AURORA
  • Latitude: 41.7719
  • Longitude: -88.3241

    Address

  • Full Address: 735 Hammond Ave
  • Address - House Number: 735
  • Address - Street Name: Hammond
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Aurora
  • Carrier Code: C003
  • 4-Digit Zip Code: 2917
  • Zip Code: 60506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $294,974
  • Tax Rate Code Area: AU005

    Appraisal Valuation

  • Standard Deviation: 0.0879
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 92
  • Final Value: 198,838
  • High Value: 216,331
  • Low Value: 181,346

    Market Valuation

  • Market Total Value: $118,016
  • Market Land Value: $19,463
  • Market Improvement Value: $98,553

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,323
  • Assessed Land Value: $6,485
  • Assessed Improvements Value: $32,838

    Sales

  • Current Sale Contract Date: Oct 26, 2023
  • Current Sale Recording Date: Nov 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 39109
  • Previous Sale Recording Date: Oct 18, 2011
  • Previous Sale Contract Date: Sep 26, 2011
  • Previous Sale Amount: $56,500
  • Previous Sale Document Type: 71
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 North River

Stats & Trends

Median Asking:

$285,000

Sale Price/ft²

$225

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1308 ft²

Average Home Age

78.4 years

Currently For Sale

5 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 735 Sexton Street, Aurora, IL, 60505

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
735 Sexton Street #1, Aurora, IL, 60505 Listing by Kenneth Carn

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Christoffel, MBC Realty & Insurance Group I
Last Updated: 3 years ago
Data Source: MRED, MLS# 11903045
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 735 Hammond Avenue built and last sold?
The property at 735 Hammond Avenue was built in 1931 and last sold on Oct 26, 2023 for $195,000.
How much is this home worth?
The estimated value of the home located at 735 Hammond Avenue is $201,899.
What are some comparable homes to 735 Hammond Avenue?
There are currently no comparable homes to 735 Hammond Avenue.
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