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Batavia 60510
754 Lake Street
$250,000
● House - Off Market

754 Lake Street

Batavia, IL 60510
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,564 Ft²
$294,017
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Charming 3 bedroom 2 bath ranch with partial basement with a bonus room is ready to be your family's home just blocks from Prairie Lathem Park. Ample outdoor space and newly fenced (2020) yard and shed (2020) give you peace and privacy amongst tall trees.  Want more activity?  Hike the Fabyan Forest Preserve or Hit the links at Settler's Hill Golf Course.  Quietly situated blocks from the Fox River and downtown Batavia, Lake street is near all your modern conveniences and needs. New dishwasher (2021), recently updated hot water heater (2018) and furnace (2015) mean you only need to add your personal touches to make this house your home.
Unit Size
1,564 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$166
Property Type
House
Property Taxes
$553
HOA Dues
-
Year Built
1978

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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 #11027530)

Price History

Date / Event Date Event Price
Sep 10, 2021 Sold
Premium
Sold
Mar 20, 2021 Listed by Exit Real Estate Partners $259,000
Listed by Exit Real Estate Partners

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,070
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,564
  • Gross Building Area: 1,564
  • Building Area: 1,564
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,564
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: YOUNGS
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040

Neighborhood

  • School District Name: Batavia Unit School District 101
  • Census Tract: 852803

Geography

  • Parcel: 12-14-326-039
  • Lot: 17
  • Municipality: BATAVIA
  • Latitude: 41.8585
  • Longitude: -88.2956

    Address

  • Full Address: 754 Lake St
  • Address - House Number: 754
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: IL
  • City Name: Batavia
  • Carrier Code: C001
  • 4-Digit Zip Code: 2176
  • Zip Code: 60510

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $722,098
  • Tax Rate Code Area: BA005

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 357,075
  • High Value: 406,674
  • Low Value: 307,476

    Market Valuation

  • Market Total Value: $266,197
  • Market Land Value: $52,953
  • Market Improvement Value: $213,244

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $88,697
  • Assessed Land Value: $17,644
  • Assessed Improvements Value: $71,053

    Sales

  • Current Sale Contract Date: Sep 10, 2021
  • Current Sale Recording Date: Sep 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021K069823
  • Previous Sale Recording Date: Sep 03, 1997
  • Previous Sale Contract Date: Aug 06, 1997
  • Previous Sale Amount: $80,333
  • 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 Batavia

Stats & Trends

Median Asking:

$456,591

Sale Price/ft²

$233

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2112 ft²

Average Home Age

47.6 years

Currently For Sale

39 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: David Kosir, Exit Real Estate Partners
Last Updated: 3 years ago
Data Source: MRED, MLS# 11027530
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 754 Lake Street built and last sold?
The property at 754 Lake Street was built in 1978 and last sold on Sep 10, 2021 for $250,000.
How much is this home worth?
The estimated value of the home located at 754 Lake Street is $266,845.
What are some comparable homes to 754 Lake Street?
There are currently no comparable homes to 754 Lake Street.
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