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LaSalle 61301
875 Roosevelt Road
$127,000
● House - Off Market

875 Roosevelt Road

Lasalle, IL 61301
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,109 Ft²
$141,057
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Beautiful well-kept home in quiet neighborhood.  Furnace and central air replaced in 2020, Garage roof in 2020, house roof 2011.  Gutters replaced in 2020 as well.  Water softener owned and home has a central vacuum system.  New windows in 2008.  This is the definition of "Move in Ready".  Recent appraisal of home was done and is on the kitchen counter.  Outside you have a neat large yard with a swing set.  Offering carpet allowance of $2000.00 with accepted offer.
Unit Size
1,109 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$122
Property Type
House
Property Taxes
$44
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 #11634976)

Price History

Date / Event Date Event Price
Feb 7, 2023 Sold
Premium
Sold
Sep 21, 2022 Listed by Coldwell Banker Today's, Realtors $135,000
Listed by Coldwell Banker Today's, Realtors

Property Highlights

Building Info

Overview

    General

  • Building Count: 2
  • 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: 14,810
  • 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: CHALDERS SUB
  • Land Acres: 0000000340
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: CHALDERS SUB OF FRL PT NW1/4 SE1/4 SEC 10 LOT 5(EX E8

Neighborhood

  • School District Name: LaSalle-Peru Township High School District 120
  • Census Tract: 962100

Geography

  • District: LS
  • Section: 10
  • Parcel: 18-10-400-041
  • Lot: 5
  • Municipality: LASALLE TOWNSHIP
  • Latitude: 41.3452
  • Longitude: -89.0948

    Address

  • Full Address: 875 Roosevelt Rd
  • Address - House Number: 875
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: La Salle
  • Carrier Code: C003
  • 4-Digit Zip Code: 1403
  • Zip Code: 61301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $51,488
  • Tax Rate Code Area: LS004

    Appraisal Valuation

  • Standard Deviation: 0.2707
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 61
  • Final Value: 105,919
  • High Value: 134,598
  • Low Value: 77,239

    Market Valuation

  • Market Total Value: $68,373
  • Market Land Value: $13,512
  • Market Improvement Value: $54,861

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,791
  • Assessed Land Value: $4,504
  • Assessed Improvements Value: $18,287

    Sales

  • Current Sale Contract Date: Feb 07, 2023
  • Current Sale Recording Date: Feb 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-01276

    Last Sale Mortgage

  • First Mortgage Transaction Date:
    Premium
  • First Mortgage Loan Type:
    Premium
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:

$149,900

Sale Price/ft²

$112

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1357 ft²

Average Home Age

92.5 years

Currently For Sale

19 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: Garry Schroeder, Coldwell Banker Today's, Realtors
Last Updated: 2 years ago
Data Source: MRED, MLS# 11634976
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 875 Roosevelt Road built and last sold?
The property at 875 Roosevelt Road was built in and last sold on Feb 7, 2023 for $127,000.
How much is this home worth?
The estimated value of the home located at 875 Roosevelt Road is $136,917.
What are some comparable homes to 875 Roosevelt Road?
There are currently no comparable homes to 875 Roosevelt Road.
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