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LaSalle 61301
894 OConor Avenue
$192,000
● House - Off Market

894 OConor Avenue

Lasalle, IL 61301
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,328 Ft²
$208,229
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

This ranch home on combined 2 lots features 3 bedrooms, 1 bath, and an unfinished basement with a full bath.  The kitchen is very large with a dining room and spacious living room.  The home offers a 1 car detached garage as well as an oversized 2 car detached garage.  The 2nd garage can easily hold 4 cars and includes a steel beam to utilize a mechanical lift.  The home has many upgrades: kitchen (2010) - flooring, appliances, cabinets, counter top and backsplash; bathroom (2021) - flooring, vanity, and walk-in shower; 2 car garage (2021) siding; roof (2018) with 50-yr warranty.
Unit Size
1,328 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$150
Property Type
House
Property Taxes
$96
HOA Dues
-
Year Built
1927

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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.

Last updated: 2 years ago (MRED MLS #11613815)

Price History

Date / Event Date Event Price
Oct 17, 2022 Sold
Premium
Sold
Aug 24, 2022 Listed by RE/MAX Top Properties $199,000
Listed by RE/MAX Top Properties

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • 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: 15,246
  • Total Building Area: 1,328
  • Gross Building Area: 1,328
  • Building Area: 1,328
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,328
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ASSESSORS SUB OF SE1/4 SEC 10-33-1
  • Land Acres: 0000000350
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: PT SE1/4 SEC 10-33-1, BEG 443' E OF NW COR SE1/4, E95' S160' W95' N160' POB

Neighborhood

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

Geography

  • District: LS
  • Section: 10
  • Parcel: 18-10-400-039
  • Meridian: SEC 10 TWN 33 RNG 01
  • Municipality: LASALLE TOWNSHIP
  • Latitude: 41.346
  • Longitude: -89.0945

    Address

  • Full Address: 894 Oconor Ave
  • Address - House Number: 894
  • Address - Street Name: Oconor
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: La Salle
  • Carrier Code: C003
  • 4-Digit Zip Code: 1213
  • Zip Code: 61301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $95,920
  • Tax Rate Code Area: LS004

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 236,823
  • High Value: 332,737
  • Low Value: 140,908

    Market Valuation

  • Market Total Value: $98,556
  • Market Land Value: $13,512
  • Market Improvement Value: $85,044

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,852
  • Assessed Land Value: $4,504
  • Assessed Improvements Value: $28,348

    Sales

  • Current Sale Contract Date: Oct 05, 2022
  • Current Sale Recording Date: Oct 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-13480

    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:

$149,900

Sale Price/ft²

$112

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1412 ft²

Average Home Age

91.7 years

Currently For Sale

21 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 1402 5th Street, LaSalle, IL, 61301

$1,295 /mo

  • 1 Bed
  • 1 Bath
  • 1,000 ft²
1402 5th Street #1402, LaSalle, IL, 61301 Listing by Delores Barrera
Unit for rent at 959 9th Street, LaSalle, IL, 61301

$850 /mo

  • 2 Beds
  • 1 Bath
  • 960 ft²
959 9th Street #FRONT, LaSalle, IL, 61301 Listing by Thomas Templeton

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sheila Jackson, RE/MAX Top Properties
Last Updated: 2 years ago
Data Source: MRED, MLS# 11613815
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 894 Oconor Avenue built and last sold?
The property at 894 Oconor Avenue was built in 1927 and last sold on Oct 5, 2022 for $192,000.
How much is this home worth?
The estimated value of the home located at 894 Oconor Avenue is $0.
What are some comparable homes to 894 Oconor Avenue?
There are currently no comparable homes to 894 Oconor Avenue.
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