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LaSalle 61350
9 Maplewood Lane
$180,000
● House - Off Market

9 Maplewood Lane

Ottawa, IL 61350
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,056 Ft²
$1,228
Est. Monthly
15.30%
Cap Rate

About This Property

Lots of opportunity in this 1056sf home ranch located in Wallace School District.  Home needs some finishing and for the right person this is a huge opportunity to make it your own.  Offering 3-4 bedrooms, 2 baths, basment that was started to be finished for additional 900sf of living space.  Home is liveable so dont be discouraged!  Nice backyard with above ground pool, decking and fenced in backyard.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$166
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
1975

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • 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: 9,583
  • Total Building Area: 1,056
  • Gross Building Area: 1,056
  • Building Area: 1,056
  • 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: BONA TERRA SUB
  • Land Acres: 0000000220
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: BONA TERRA SUB, LT 5 BLK 4 SEC 35-34-3

Neighborhood

  • School District Name: Wallace Community Consolidated School District 195
  • Census Tract: 962600

Geography

  • District: WA
  • Parcel: 13-35-308-003
  • Block: 4
  • Lot: 5
  • Meridian: SEC 35 TWN 34 RNG 03
  • Municipality: WALLACE TOWNSHIP
  • Latitude: 41.3688
  • Longitude: -88.8529

    Address

  • Full Address: 9 Maplewood Ln
  • Address - House Number: 9
  • Address - Street Name: Maplewood
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C018
  • 4-Digit Zip Code: 1131
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $407,012
  • Tax Rate Code Area: WA002

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 164,291
  • High Value: 186,659
  • Low Value: 141,922

    Market Valuation

  • Market Total Value: $161,877
  • Market Land Value: $24,366
  • Market Improvement Value: $137,511

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,959
  • Assessed Land Value: $8,122
  • Assessed Improvements Value: $45,837
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: Phil Makarewicz, Keller Williams Innovate
Data Source: MRED, MLS# MRD12369987
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 9 Maplewood Lane built and last sold?
The property at 9 Maplewood Lane was built in 1975 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 9 Maplewood Lane is $176,376.
What are some comparable homes to 9 Maplewood Lane?
There are currently no comparable homes to 9 Maplewood Lane.
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