Duplex with Attached
For Sale
$240,000
213 Oakwood Avenue Unit B, Oglesby, IL 61348
A basement bathroom rough-in and included appliances add practical features to this residential property.
Property Size1,500 SF
Price / SF$160
Days on Market19
Property Features for 213 Oakwood Avenue Unit B
General Information
Standard status
Active
Size
1,500 SF
Total Parking Spaces
2
Property subtype
1/2 Duplex
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,877
Amenities
gas fireplace
Building Details
Building Size
1,500 SF
Year Built
2003
Listing Agency:
Coldwell Banker Today's
(815) 228-9708
Listed By:
Thomas Templeton · License #475190082
(815) 223-1088
Source:
Eppelrealty
Added: Oct 9
Changed: Oct 26
Last Checked: Oct 26 at 3:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Today's
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Investment Insights
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Built in 2003, this duplex offers three bedrooms and two-and-a-half bathrooms. The living area includes a gas fireplace, and the kitchen has countertops updated in 2025. Appliances remain with the property. An attached two-car garage provides parking and storage, while the basement has a roughed-in bathroom.
Recorded improvements include a fence installed in 2020, a furnace in 2021, a roof in 2023, and a sliding door in 2026. The property is located in Oglesby, Illinois.
Recorded improvements include a fence installed in 2020, a furnace in 2021, a roof in 2023, and a sliding door in 2026. The property is located in Oglesby, Illinois.
Key Highlights
- Three‑bedroom, two‑and‑a‑half‑bath duplex
- Attached two‑car garage
- Basement with a roughed‑in bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,709
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,180
$274.2K
Cap Rate 7%
$195,843
$195.8K
Cap Rate 9%
$152,322
$152.3K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$26.1K $17.40/SF
− Vacancy
−$1.2K −$0.78/SF
EGI
$24.9K $16.62/SF
− OpEx
−$11.2K −$7.48/SF
NOI
$13.7K $9.14/SF
Area
LaSalle, IL
La Salle County, LA
Vacancy
4.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,180
Cap Rate 7%
$195,843
Cap Rate 9%
$152,322
Alternative Uses
Best Use
Apartment 5plus
$195.8K
$171.4K – $228.5K
NOI $13,709 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$375.4K
$328.5K – $438.0K
NOI $26,280 @ 7.0% cap · market cap 10.95%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
198
Businesses Nearby
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Business Placement
Demographics for 61348, IL
4,576
Population
2,182
Households
2.1
Avg Household Size
44
Median Age
20%
College-Educated
93%
High-School Grad
39.3 sq mi
ZIP Area
116
Density / Sq Mi
$71,197
Median Household Income
$44,029
Median Earnings
$691
Median Rent
$139,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A basement bathroom rough-in and included appliances add practical features to this residential property.
Where is this residential income property located?
The property is located at 213 Oakwood Avenue Unit B Oglesby, IL.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Three‑bedroom, two‑and‑a‑half‑bath duplex; Attached two‑car garage; Basement with a roughed‑in bathroom
