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DeKalb 60115
824 State Street
$150,000
● House - Off Market

824 State Street

DEKALB, IL 60115
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,612 Ft²
$243,822
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

You must drive-by to see this home with wonderful curb appeal, large white picket fenced yard, back patio area and two car garage. Then of course you must visit inside in person. Owners have prepared the house for you to move in. There are original hardwood floors throughout...all redone, new windows, updating, and room to grow through the years: 4 bedrooms and bath upstairs and a bedroom/den/office and bath downstairs. Also a separate dining room, darling enclosed front and back porches. Even the very usable basement is all freshly painted.  Roof on house and garage 3 years old.
Unit Size
1,612 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$95
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
-

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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 #09641605)

Price History

Date / Event Date Event Price
Aug 10, 2017 Sold
Premium
Sold
May 30, 2017 Listed by Century 21 Elsner Realty $152,900
Listed by Century 21 Elsner Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Full Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 600
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GILSONS ADDITION
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: GILSONS ADDITION - LOT 1 BLOCK 12

Neighborhood

  • School District Name: DeKalb Community Unit School District 428
  • Census Tract: 000800

Geography

  • Account Number: 0823254005
  • District: DK
  • Parcel: 08-23-254-005
  • Block: 12
  • Lot: 1
  • Municipality: DEKALB
  • Latitude: 41.9317
  • Longitude: -88.7427

    Address

  • Full Address: 824 State St
  • Address - House Number: 824
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: IL
  • City Name: Dekalb
  • Carrier Code: C004
  • 4-Digit Zip Code: 3473
  • Zip Code: 60115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $464,236
  • Tax Rate Code Area: DK12

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 220,218
  • High Value: 260,207
  • Low Value: 180,230

    Market Valuation

  • Market Total Value: $170,664
  • Market Land Value: $25,173
  • Market Improvement Value: $145,491

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $56,888
  • Assessed Land Value: $8,391
  • Assessed Improvements Value: $48,497

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 10, 2017
  • Current Sale Recording Date: Aug 11, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017007778
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 DeKalb

Stats & Trends

Median Asking:

$262,250

Sale Price/ft²

$170

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1657 ft²

Average Home Age

40.7 years

Currently For Sale

42 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: Linda Tillis, Century 21 Elsner Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 09641605
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 824 State Street built and last sold?
The property at 824 State Street was built in and last sold on Aug 10, 2017 for $150,000.
How much is this home worth?
The estimated value of the home located at 824 State Street is $0.
What are some comparable homes to 824 State Street?
There are currently no comparable homes to 824 State Street.
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