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LaSalle 61348
873 N 2401 Road
$157,000
● House - Off Market

873 N 2401 Road

Oglesby, IL 61348
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,494 Ft²
$187,971
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Nice curb appeal with this 3 bedroom, 2 bath country home. Large living room with nice bay window. Open kitchen/ dining room with sliding glass doors to nice big yard! Appliances stay. Large master bedroom with master bath. All bedrooms have double closets! Plenty of storage. Family room in lower level has great space for entertaining! 2 car attached garage makes this home a prime choice! Whatever is in the home at the time of closing stays. The home is being sold as it. There is a well agreement in place.
Unit Size
1,494 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$120
Property Type
House
Property Taxes
$350
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: 2 years ago (MRED MLS #11672816)

Price History

Date / Event Date Event Price
Feb 8, 2023 Sold
Premium
Sold
Nov 14, 2022 Listed by Janko Realty & Development $179,900
Listed by Janko Realty & Development

Property Highlights

Garage

Building Info

Overview

    General

  • 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: 26,726
  • Total Building Area: 0
  • Building Area: 0

    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: LACEYS SUB NO 1
  • Land Acres: 0000000613
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: LACEYS SUB #1, LT 8 SEC 9-32-2

Neighborhood

  • School District Name: LaSalle-Peru Township High School District 120
  • Census Tract: 964000

Geography

  • District: DE
  • Parcel: 20-09-204-008
  • Lot: 8
  • Meridian: SEC 09 TWN 32 RNG 02
  • Municipality: DEER PARK TOWNSHIP
  • Latitude: 41.2599
  • Longitude: -88.9967

    Address

  • Full Address: 873 N 2401st Rd
  • Address - House Number: 873
  • Street Direction: N
  • Address - Street Name: 2401st
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Oglesby
  • Carrier Code: R001
  • 4-Digit Zip Code: 9750
  • Zip Code: 61348

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $473,050
  • Tax Rate Code Area: DE003

    Appraisal Valuation

  • Standard Deviation: 0.2457
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 65
  • Final Value: 209,443
  • High Value: 260,921
  • Low Value: 157,965

    Market Valuation

  • Market Total Value: $217,884
  • Market Land Value: $27,024
  • Market Improvement Value: $190,860

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $72,628
  • Assessed Land Value: $9,008
  • Assessed Improvements Value: $63,620

    Sales

  • Current Sale Contract Date: Feb 08, 2023
  • Current Sale Recording Date: Feb 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-01286

    Financing

  • First Mortgage Financing Type: FIX
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 LaSalle

Stats & Trends

Median Asking:

$207,200

Sale Price/ft²

$146

Below Asking

0.02%

Average Days on Market

52

Average Home Size

3056 ft²

Average Home Age

71.4 years

Currently For Sale

284 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 Washkowiak, Janko Realty & Development
Last Updated: 2 years ago
Data Source: MRED, MLS# 11672816
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 873 North 2401st Road built and last sold?
The property at 873 North 2401st Road was built in and last sold on Feb 8, 2023 for $157,000.
How much is this home worth?
The estimated value of the home located at 873 North 2401st Road is $184,587.
What are some comparable homes to 873 North 2401st Road?
There are currently no comparable homes to 873 North 2401st Road.
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