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Ottawa 61350
755 Fort Street
$219,900
● House - Off Market

755 Fort Street

Ottawa, IL 61350
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,581 Ft²
$1,551
Est. Monthly
11.07%
Cap Rate

About This Property

Come see this 3 bedroom home located South Ottawa with dead end access street providing less pass thru traffic.  Large back yard with shed and large deck surrounding aluminum fencing. Three bedrooms upper level with full bath. Family room with 1/2 bath in lower level and partially finished bonus room.  Seller has a door that can be left if new buyer wants to close off lower portion for a future 4th bedroom suite area. Crawl access thru laundry room.  Seller including kitchen appliances, patio furniture in shed and 3 tv and brackets in bedrooms.  Washer and dryer negotiable and Honda push mower negotiable. Come see this great home today.
Unit Size
1,581 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$139
Property Type
House
Property Taxes
$471
HOA Dues
-
Year Built
1972

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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 #12202323)

Price History

Date / Event Date Event Price
Mar 7, 2025 Sold
Premium
Sold
Jan 27, 2025 In contract -
In contract
Nov 2, 2024 Listed by Coldwell Banker Real Estate Group $219,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • 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: 8,276
  • Total Building Area: 1,581
  • Gross Building Area: 1,581
  • Building Area: 1,581
  • Building Area Measurement: T

    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: SOUTH BLUFF 2ND ADD
  • Land Acres: 0000000190
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: SO BLUFF 2ND ADD LOT 17

Neighborhood

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

Geography

  • District: SO
  • Parcel: 22-14-114-003
  • Lot: 17
  • Municipality: SOUTH OTTAWA TOWNSHIP
  • Latitude: 41.3317
  • Longitude: -88.8483

    Address

  • Full Address: 755 Fort St
  • Address - House Number: 755
  • Address - Street Name: Fort
  • Address - Suffix Type: St
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C008
  • 4-Digit Zip Code: 3829
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $517,144
  • Tax Rate Code Area: SO001

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 174,771
  • High Value: 198,566
  • Low Value: 150,975

    Market Valuation

  • Market Total Value: $163,068
  • Market Land Value: $29,616
  • Market Improvement Value: $133,452

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,356
  • Assessed Land Value: $9,872
  • Assessed Improvements Value: $44,484

    Sales

  • Current Sale Contract Date: May 16, 2008
  • Current Sale Recording Date: Aug 20, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2008-18974
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

53

Average Home Size

1752 ft²

Average Home Age

50.6 years

Currently For Sale

71 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

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MRED

Listed by: Theresa Poundstone, Coldwell Banker Real Estate Group
Last Updated: 2 years ago
Data Source: MRED, MLS# 12202323
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 755 Fort Street built and last sold?
The property at 755 Fort Street was built in 1972 and last sold on May 16, 2008 for $110,000.
How much is this home worth?
The estimated value of the home located at 755 Fort Street is $227,183.
What are some comparable homes to 755 Fort Street?
There are currently no comparable homes to 755 Fort Street.
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