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Joliet 60435 Cunningham
1102 nicholson Street
$183,000
● House - Off Market

1102 nicholson Street

Joliet, IL 60435
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,180 Ft²
$168,840
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Hurry this won't last. All Brick bungalow that INCLUDES a 2nd buildable (corner lot)- with separate pin number! What an opportunity for investors too! Home enjoys an enclosed front porch! Beautiful hardwood under carpeting!Large living & dining room. 3 bedrooms, full hall bath with beautiful custom built ins in hall! Large updated kitchen with table area. Full basement partially finished. Newer plumbing & electrical. Large 2+ car garage with long front drive! Alley behind home. Needs updating and priced to SELL!   OPPORTUNITIES GALORE!!  In nice area of Joliet.  2nd lot pin#15  2022 taxes $424.36. See attached.
Unit Size
1,180 Ft²
Days on Market
-
Land Size
-
Price per sqft
$144
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1928

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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

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 0
  • 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: 4
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,900
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: L STERN & SONS
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 59 IN L STERN SON'S SUB OF LOT 4 OF HUTCHIN'S SUB, BEING A SUB OF PRT OF THE N1/2 OF THE S1/2 OF SEC 4, T35N-R10E.

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881401

Geography

  • Parcel: 30-07-04-306-014
  • Lot: 4
  • Meridian: SEC 04 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5436
  • Longitude: -88.094

    Address

  • Full Address: 1102 Nicholson St
  • Address - House Number: 1102
  • Address - Street Name: Nicholson
  • Address - Suffix Type: St
  • State: IL
  • City Name: Joliet
  • Carrier Code: C007
  • 4-Digit Zip Code: 4227
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $424,104
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.0912
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 92
  • Final Value: 167,892
  • High Value: 183,217
  • Low Value: 152,567

    Market Valuation

  • Market Total Value: $155,769
  • Market Land Value: $28,752
  • Market Improvement Value: $127,017

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,923
  • Assessed Land Value: $9,584
  • Assessed Improvements Value: $42,339

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 01, 2023
  • Current Sale Recording Date: Sep 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 48869
  • Previous Sale Recording Date: Mar 10, 1997
  • Previous Sale Contract Date: Feb 26, 1997
  • Previous Sale Amount: $90,000
  • 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 Cunningham

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$198

Below Asking

0.01%

Average Days on Market

51

Average Home Size

658 ft²

Average Home Age

113 years

Currently For Sale

3 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 803 1st Avenue, Joliet, IL, 60433

$2,500 /mo

  • 4 Beds
  • 1 Bath
  • 2,240 ft²
803 1st Avenue, Joliet, IL, 60433 Listing by Ilir Mekolli

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# MRD11857998
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 1102 Nicholson Street built and last sold?
The property at 1102 Nicholson Street was built in 1928 and last sold on Sep 1, 2023 for $183,000.
How much is this home worth?
The estimated value of the home located at 1102 Nicholson Street is $178,937.
What are some comparable homes to 1102 Nicholson Street?
There are currently no comparable homes to 1102 Nicholson Street.
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