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Joliet 60435
1008 Westminster Road
$261,000
● House - Off Market

1008 Westminster Road

Joliet, IL 60435
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,656 Ft²
$258,443
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Pristine 3 bed 2 bath all brick RANCH in popular west Joliet location! Home has been updated thru-out. Full finished basement features full ceramic bath and large living room space with durable vinyl plank flooring, full service bar with refrigerator and bonus storage area. Kitchen has been updated with on trend lite grey cabinetry, quartz counter tops, newer appliances, back splash and tile flooring! Hardwood flooring thru-out the remainder of the main level. 3 large bedrooms with updated full bath (new cabinets and vanity top). Spacious living room upon entry. All situated on large fenced in lot boasts patio area! New AC 2015 and roof 2010! 220 amp service to backyard.
Unit Size
1,656 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$148
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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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: 1956
  • Effective Year Built: 1956
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,656
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UNIT #3 OF KRINGS ESTATES
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 103 IN KRINGS ACRES UNIT 3, BEING A SUB OF PRT OF THE E1/2 OF THE SE1/4 OF SEC 6, T35N-R10E.

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881500

Geography

  • Parcel: 30-07-06-408-004
  • Lot: 103
  • Meridian: SEC 06 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5415
  • Longitude: -88.1229

    Address

  • Full Address: 1008 Westminster Rd
  • Legal Unit: 3
  • Address - House Number: 1008
  • Address - Street Name: Westminster
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Joliet
  • Carrier Code: C102
  • 4-Digit Zip Code: 3406
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $528,756
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1606
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 238,779
  • High Value: 277,144
  • Low Value: 200,414

    Market Valuation

  • Market Total Value: $189,765
  • Market Land Value: $41,580
  • Market Improvement Value: $148,185

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,255
  • Assessed Land Value: $13,860
  • Assessed Improvements Value: $49,395

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 17, 2022
  • Current Sale Recording Date: Nov 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 84020
  • Previous Sale Recording Date: Jan 13, 2006
  • Previous Sale Contract Date: Dec 23, 2005
  • Previous Sale Amount: $164,000
  • Previous Sale Document Type: 71
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 Joliet

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

45

Average Home Size

1873 ft²

Average Home Age

42 years

Currently For Sale

274 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 2338 Carnation Drive, Crest Hill, IL, 60403

$2,400 /mo

  • 2 Beds
  • 1 Bath
  • 924 ft²
2338 Carnation Drive #1, Crest Hill, IL, 60403 Listing by Jacqueline Dix

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kathy Dames, RE/MAX Ultimate Professionals
Data Source: MRED, MLS# MRD11641176
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 1008 Westminster Road built and last sold?
The property at 1008 Westminster Road was built in 1956 and last sold on Nov 17, 2022 for $261,000.
How much is this home worth?
The estimated value of the home located at 1008 Westminster Road is $0.
What are some comparable homes to 1008 Westminster Road?
There are currently no comparable homes to 1008 Westminster Road.
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