For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Joliet 60432
1060 COLONIAL Drive
$185,000
● House - Off Market

1060 COLONIAL Drive

JOLIET, IL 60432
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,700 Ft²
$376,138
RealtyHop Estimate
95.19%
Since Oct 1, 2008
National-US
Primary Model

About This Property

Ready to move in, IMMACULATE, 3 BR, 2.5 bath townhouse for sale. Townhouse features master suite w/ walk-in closet, soaker tub w/ separate shower, 42" kitchen cabinets, all appliances, 2nd floor laundry, oak railings vaulted ceilings, 2.5 car garage, and New Lenox School District. Near the new I-355 interchange, and much more! A must see! Motivated seller!
Unit Size
1,700 Ft²
Days on Market
-
Land Size
-
Price per sqft
$113
Property Type
House
Property Taxes
$284
HOA Dues
$89
Year Built
-

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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
Parking Available

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: 1,867
  • 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: NEUFAIRFIELD UNIT 1 AREA 3
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 532 IN NEUFAIRFIELD UNIT 1 AREA 3, A PUD OF PART OF THE SW1/4 OF SEC. 6, T35N-R11E.

Neighborhood

  • School District Name: New Lenox School District 122
  • Census Tract: 881108

Geography

  • Parcel: 15-08-06-302-018
  • Lot: 532
  • Meridian: SEC 06 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.545
  • Longitude: -88.0229

    Address

  • Full Address: 1060 Colonial Dr
  • Legal Unit: 1
  • Address - House Number: 1060
  • Address - Street Name: Colonial
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Joliet
  • Carrier Code: R030
  • 4-Digit Zip Code: 2749
  • Zip Code: 60432

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $474,694
  • Tax Rate Code Area: 1531

    Appraisal Valuation

  • Standard Deviation: 0.1665
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 237,240
  • High Value: 276,753
  • Low Value: 197,727

    Market Valuation

  • Market Total Value: $173,301
  • Market Land Value: $18,084
  • Market Improvement Value: $155,217

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,767
  • Assessed Land Value: $6,028
  • Assessed Improvements Value: $51,739

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 11, 2020
  • Current Sale Recording Date: Apr 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2020029026
  • Previous Sale Recording Date: Sep 26, 2008
  • Previous Sale Contract Date: Sep 15, 2008
  • Previous Sale Amount: $185,000
  • 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

1880 ft²

Average Home Age

41.8 years

Currently For Sale

277 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 752 Rosanne Street, Lockport, IL, 60441

$3,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,890 ft²
752 Rosanne Street, Lockport, IL, 60441 Listing by Grazyna Pawlikowski
Unit for rent at 17419 Yakima Drive, Lockport, IL, 60441

$3,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,588 ft²
17419 Yakima Drive #17419, Lockport, IL, 60441 Listing by Samantha Ross

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Quin O'Brien, ABR,AHWD,CIPS,CRS, 4 Sale Realty, Inc.
Data Source: MRED, MLS# MRD06940454
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 1060 Colonial Drive built and last sold?
The property at 1060 Colonial Drive was built in and last sold on Mar 11, 2020 for $185,000.
How much is this home worth?
The estimated value of the home located at 1060 Colonial Drive is $194,340.
What are some comparable homes to 1060 Colonial Drive?
There are currently no comparable homes to 1060 Colonial Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
New Lenox Homes for Sale
New Lenox Houses for Sale
New Lenox Condos for Sale
New Lenox Townhouses for Sale
New Lenox Multifamily for Sale
New Lenox Land for Sale
New Lenox Commercial for Sale
New Lenox Homes with Basements
Nearby Cities
Joliet Homes for Sale
Orland Park Homes for Sale
Tinley Park Homes for Sale
Lockport Homes for Sale
Romeoville Homes for Sale
Homer Glen Homes for Sale
Frankfort Homes for Sale
Crest Hill Homes for Sale
Nearby Property Records
Will County, IL Property Records
Cook County, IL Property Records
DuPage County, IL Property Records
Kendall County, IL Property Records
Grundy County, IL Property Records
Kankakee County, IL Property Records
Lake County, IN Property Records
Kane County, IL Property Records
Neighborhoods
Cathedral Area Real Estate
Reedwood Real Estate
St. Pat's Real Estate
Cunningham Real Estate
Emerald Lawns Real Estate
Garnsey Real Estate
Midland Avenue West Real Estate
St. Mary's Real Estate
Nearby Counties
Orland Homes for Sale
Lockport Homes for Sale
Joliet Homes for Sale
Frankfort Homes for Sale
Homer Homes for Sale
Manhattan Homes for Sale
Jackson Homes for Sale
Green Garden Homes for Sale
Top Real Estate Agents
Top Agents in New Lenox
Top Agents in Joliet
Top Agents in Orland
Top Agents in Orland Park
Top Agents in Lockport
Top Agents in Joliet
Top Agents in Tinley Park
Top Agents in Frankfort