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Ottawa 61350
823 Poplar Street
$177,000
● House - Off Market

823 Poplar Street

Ottawa, IL 61350
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,138 Ft²
$1,078
Est. Monthly
16.33%
Cap Rate

About This Property

Charming 3 bedroom, 1 bathroom home situated on a spacious corner lot.  The inviting eat-in kitchen features a stainless steel oven/range and refrigerator, a breakfast bar and ample cabinet space.  A convenient door leads from the kitchen to a private, fully fenced yard with a vinyl privacy fence-perfect for outdoor gatherings.  Enjoy the convenience of main floor laundry, with an additional washer and dryer set located in the basement, which also offers plenty of storage.  Relax on the adorable front porch, ideal for morning coffee or evening unwinding.  A large storage shed and a concrete driveway provide both functionality and off-street parking.  Schedule a showing today-this one won't last!
Unit Size
1,138 Ft²
Days on Market
-
Land Size
-
Price per sqft
$154
Property Type
House
Property Taxes
$218
HOA Dues
-
Year Built
1920

Payment Calculator

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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.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • 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: 6,213
  • Total Building Area: 1,138
  • Gross Building Area: 1,138
  • Building Area: 1,138
  • 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: STATES ADD SUB OF BLK 76
  • Land Acres: 0000000142
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: STATE'S ADD E 1/2 LT 1 BLK 76 SEC 11-33-3

Neighborhood

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

Geography

  • District: OT
  • Parcel: 21-11-133-003
  • Block: 76
  • Lot: 1
  • Meridian: SEC 11 TWN 33 RNG 03
  • Municipality: OTTAWA TOWNSHIP
  • Latitude: 41.3487
  • Longitude: -88.8549

    Address

  • Full Address: 823 Poplar St
  • Address - House Number: 823
  • Address - Street Name: Poplar
  • Address - Suffix Type: St
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C013
  • 4-Digit Zip Code: 2660
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $235,196
  • Tax Rate Code Area: OT002

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 97,544
  • High Value: 110,824
  • Low Value: 84,263

    Market Valuation

  • Market Total Value: $84,087
  • Market Land Value: $25,071
  • Market Improvement Value: $59,016

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,029
  • Assessed Land Value: $8,357
  • Assessed Improvements Value: $19,672

    Sales

  • Current Sale Contract Date: Sep 12, 2013
  • Current Sale Recording Date: Sep 16, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2013-20817

    Financing

  • First Mortgage Financing Type: UNK
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:

$227,200

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1783 ft²

Average Home Age

48.6 years

Currently For Sale

67 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: Cortney Kaufman, Coldwell Banker Real Estate Group
Data Source: MRED, MLS# MRD12345964
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 823 Poplar Street built and last sold?
The property at 823 Poplar Street was built in 1920 and last sold on Sep 12, 2013 for $59,500.
How much is this home worth?
The estimated value of the home located at 823 Poplar Street is $178,773.
What are some comparable homes to 823 Poplar Street?
There are currently no comparable homes to 823 Poplar Street.
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