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Ottawa 61350
815 WEBSTER Street
$59,900
● House - Off Market

815 WEBSTER Street

OTTAWA, IL 61350
bedrooms
3 Beds
bathrooms
1 Bath
$126,061
RealtyHop Estimate
110.45%
Since Feb 1, 2009
National-US
Primary Model

About This Property

3 BEDROOM FRAME RANCH WITH A FIREPLACE AND HARDWOOD FLOORS. BANK OWNED-SOLD AS IS! EARNEST MONEY-CERTIFIED FUNDS ONLY! NO SURVEY OR TERMITE PROVIDED BY THE SELLER.  PRESENT PRE-QUAL PROOF OF FUNDS WITH OFFER. NO DISCLOSURES.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$168
HOA Dues
-
Year Built
1943

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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.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • 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: 8,240
  • Total Building Area: 1,000
  • Gross Building Area: 1,000
  • Building Area: 1,000
  • 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: SHOTWELLS SUB
  • Land Acres: 0000000189
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: SHOTWELL'S SUBD ALL LT 4 E10' LT 5 BLK 28 SEC 11-33-3

Neighborhood

  • School District Name: Ottawa Elementary School District 141
  • Census Tract: 962800

Geography

  • District: OT
  • Parcel: 21-11-314-004
  • Block: 28
  • Lot: 4-5
  • Meridian: SEC 11 TWN 33 RNG 03
  • Municipality: OTTAWA TOWNSHIP
  • Latitude: 41.3449
  • Longitude: -88.8524

    Address

  • Full Address: 815 Webster St
  • Address - House Number: 815
  • Address - Street Name: Webster
  • Address - Suffix Type: St
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C001
  • 4-Digit Zip Code: 2751
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $310,256
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: OT002

    Appraisal Valuation

  • Standard Deviation: 0.133
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 73
  • Final Value: 50,680
  • High Value: 57,420
  • Low Value: 43,939

    Market Valuation

  • Market Total Value: $86,529
  • Market Land Value: $17,709
  • Market Improvement Value: $68,820

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,843
  • Assessed Land Value: $5,903
  • Assessed Improvements Value: $22,940

    Sales

  • Current Sale Contract Date: Apr 19, 2017
  • Current Sale Recording Date: Apr 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201705563
  • Previous Sale Recording Date: Aug 06, 2015
  • Previous Sale Contract Date: Jul 15, 2015
  • Previous Sale Document Type: 64
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

$157

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1837 ft²

Average Home Age

57.5 years

Currently For Sale

63 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 100 W Superior Street, Ottawa, IL, 61350

$1,100 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
100 W Superior Street #2, Ottawa, IL, 61350 Listing by Douglas Carroll

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jeff Mrozek, Crosstown Realtors, Inc.
Data Source: MRED, MLS# MRD06933763
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 815 Webster Street built and last sold?
The property at 815 Webster Street was built in 1943 and last sold on Apr 19, 2017 for $42,300.
How much is this home worth?
The estimated value of the home located at 815 Webster Street is $56,207.
What are some comparable homes to 815 Webster Street?
There are currently no comparable homes to 815 Webster Street.
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