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Aurora 60505 Southeast Aurora
788 4th Avenue
$255,000
● House - Off Market

788 4th Avenue

Aurora, IL 60505
bedrooms
4 Beds
bathrooms
2 Baths
$243,130
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

WELCOME HOME! UPDATED 4-5 BEDROOM WITH 2 FULL BATHS IS LOCATED WITHIN WALKING DISTANCE TO PHILIPS PARK, HIGH SCHOOL, SHOPPING, INTERSTATE, AND TRANSPORTATION! ALL NEW KITCHEN CABINETRY AND NEW FLOORING THROUGHOUT! FRESHLY PAINTED! UPDATED BATHROOMS! THIS HOUSE OFFERS TONS OF NATURAL LIGHT AND IS MOVE IN READY!!! FANTASTIC BACK YARD 20X20 CONCRETE PATIO, DECK, AND HUGE CONCRETE DRIVEWAY! HURRY!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$360
HOA Dues
-
Year Built
1985

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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 #11826937)

Price History

Date / Event Date Event Price
Aug 21, 2023 Sold
Premium
Sold
Jul 10, 2023 Listed by RE/MAX All Pro - Sugar Grove $244,500
Listed by RE/MAX All Pro - Sugar Grove

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • 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: 8,681
  • Lot Size Depth Feet: 1,610
  • Lot Size Frontage Feet: 530
  • Total Building Area: 1,548
  • Gross Building Area: 1,548
  • Building Area: 1,548
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 0
  • Heated Square Feet: 1,548
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOWELL PLACE ADDN
  • Land Acres: 0000000199
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: HOWELL PLACE ADDN : LOT 15 BLK 1

Neighborhood

  • School District Name: Aurora East Unit School District 131
  • Census Tract: 854301

Geography

  • Parcel: 15-26-153-017
  • Block: 1
  • Lot: 15
  • Municipality: AURORA
  • Latitude: 41.7484
  • Longitude: -88.2967

    Address

  • Full Address: 788 4th Ave
  • Address - House Number: 788
  • Address - Street Name: 4th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Aurora
  • Carrier Code: C060
  • 4-Digit Zip Code: 4946
  • Zip Code: 60505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $431,792
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: AU021

    Appraisal Valuation

  • Standard Deviation: 0.1673
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 244,490
  • High Value: 285,399
  • Low Value: 203,581

    Market Valuation

  • Market Total Value: $170,561
  • Market Land Value: $13,307
  • Market Improvement Value: $157,254

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,831
  • Assessed Land Value: $4,434
  • Assessed Improvements Value: $52,397

    Sales

  • Current Sale Contract Date: Aug 14, 2023
  • Current Sale Recording Date: Sep 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 30431
  • Previous Sale Recording Date: Mar 18, 2011
  • Previous Sale Contract Date: Mar 02, 2011
  • Previous Sale Amount: $46,500
  • Previous Sale Document Type: 68
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 Southeast Aurora

Stats & Trends

Median Asking:

$264,900

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

39

Average Home Size

1422 ft²

Average Home Age

97.4 years

Currently For Sale

9 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: Tracy Behrens, RE/MAX All Pro - Sugar Grove
Last Updated: 3 years ago
Data Source: MRED, MLS# 11826937
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 788 4th Avenue built and last sold?
The property at 788 4th Avenue was built in 1985 and last sold on Aug 14, 2023 for $255,000.
How much is this home worth?
The estimated value of the home located at 788 4th Avenue is $0.
What are some comparable homes to 788 4th Avenue?
There are currently no comparable homes to 788 4th Avenue.
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