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Joliet 60431
1009 Heron Circle
$257,500
● House - Off Market

1009 Heron Circle

Joliet, IL 60431
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,561 Ft²
$2,075
Est. Monthly
$350
HOA / Fees
7.87%
Cap Rate

About This Property

Great Opportunity before the market really heats up! This once 2 bedroom townhome has been updated to include a 3rd bedroom.  On the first floor new hardwood floors, some new light fixtures, freshly painted.  Kitchen has new microwave, dishwasher, stove, refrigerator, new faucet fixture, above cabinet lighting, newer backsplash and breakfast bar w/bar stools.  Eat in table area and living room and half bath, rounds out the first floor.  The second floor has all new carpet and the new large bedroom with walk in closet.  Main bedroom has walk in closet and there is an 11x11 bedroom.  Full bathroom has new fixtures and there is a laundry room complete with washer and dryer.  10x10 concrete patio in the back.  New landscaping in the back w/garden boxes.  Two car garage.  Call today!
Unit Size
1,561 Ft²
Days on Market
-
Land Size
-
Price per sqft
$165
Property Type
House
Property Taxes
$460
HOA Dues
$350
Year Built
-

Payment Calculator

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • 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: 1,851
  • 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: SABLE RIGE
  • Land Acres: 0000000042
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 40 (EXC E 3.57) & E 3.94 LOT 41 SABLE RIGE UNIT 2 CITY OF JOLIET

Neighborhood

  • School District Name: Minooka Community High School District 111
  • Census Tract: 890703

Geography

  • Parcel: 09-02-430-069
  • Lot: 40,41
  • Municipality: SEWARD TOWNSHIP
  • Latitude: 41.539
  • Longitude: -88.2776

    Address

  • Full Address: 1009 Heron Cir
  • Address - House Number: 1009
  • Address - Street Name: Heron
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Joliet
  • Carrier Code: R013
  • 4-Digit Zip Code: 8889
  • Zip Code: 60431

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $471,400
  • Tax Rate Code Area: SE008

    Appraisal Valuation

  • Standard Deviation: 0.1592
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 242,946
  • High Value: 281,637
  • Low Value: 204,256

    Market Valuation

  • Market Total Value: $178,734
  • Market Land Value: $12,102
  • Market Improvement Value: $166,632

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,578
  • Assessed Land Value: $4,034
  • Assessed Improvements Value: $55,544

    Sales

  • Current Sale Contract Date: Dec 22, 2016
  • Current Sale Recording Date: Jan 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201700001298
  • Previous Sale Recording Date: Sep 04, 2007
  • Previous Sale Contract Date: Aug 01, 2007
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1861 ft²

Average Home Age

42.9 years

Currently For Sale

268 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 8525 Sawyer Court, Joliet, IL, 60431

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,618 ft²
8525 Sawyer Court, Joliet, IL, 60431 Listing by Arthur Prazak

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ricky Gray, Spring Realty
Data Source: MRED, MLS# MRD12292899
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 1009 Heron Circle built and last sold?
The property at 1009 Heron Circle was built in and last sold on Dec 22, 2016 for $140,000.
How much is this home worth?
The estimated value of the home located at 1009 Heron Circle is $262,126.
What are some comparable homes to 1009 Heron Circle?
There are currently no comparable homes to 1009 Heron Circle.
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