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Joliet 60435
1103 Lilac Lane
$179,000
● House - Off Market

1103 Lilac Lane

Joliet, IL 60435
bedrooms
3 Beds
bathrooms
1 Bath
square feet
900 Ft²
$187,180
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Check it out!! Roll out the WELCOME HOME mat, unpack your things and move right in! You'll absolutely fall in love with your new three bedroom ranch that has been immaculately cared for  and features a fully fenced yard, oversized two and half car garage as well as a large yard, brick patio and fabulous front porch. You'll love your eat in kitchen with updated cabinets, newer countertops and dishwasher. Brand new 2021 roof, updated electric, vinyl windows, updated flooring, remodeled bathroom, freshly painted with ceiling fans in all rooms. Call today to schedule your own private showing!!
Unit Size
900 Ft²
Days on Market
-
Land Size
-
Price per sqft
$189
Property Type
House
Property Taxes
$292
HOA Dues
-
Year Built
1959

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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.

Last updated: 3 years ago (MRED MLS #11263113)

Price History

Date / Event Date Event Price
Dec 8, 2021 Sold
Premium
Sold
Nov 3, 2021 Listed by Coldwell Banker Realty $169,900
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,410
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 570
  • Total Building Area: 1,728
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 864
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UNIT #5 OF PEARSONS BRIDALWREATH ACRES
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 34 IN PEARSON'S BRIDALWREATH ACRES UNIT 5, BEING A SUB OF PRT OF THE W1/2 OF THE SW1/2 OF SEC 6, T35N-R10E.

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881603

Geography

  • Parcel: 30-07-06-305-024
  • Lot: 34
  • Meridian: SEC 06 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5426
  • Longitude: -88.1364

    Address

  • Full Address: 1103 Lilac Ln
  • Legal Unit: 5
  • Address - House Number: 1103
  • Address - Street Name: Lilac
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Joliet
  • Carrier Code: C081
  • 4-Digit Zip Code: 3243
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $396,002
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 187,460
  • High Value: 219,430
  • Low Value: 155,491

    Market Valuation

  • Market Total Value: $146,640
  • Market Land Value: $41,580
  • Market Improvement Value: $105,060

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,880
  • Assessed Land Value: $13,860
  • Assessed Improvements Value: $35,020

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 08, 2021
  • Current Sale Recording Date: Jan 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8733
  • Previous Sale Recording Date: Oct 25, 2006
  • Previous Sale Contract Date: Oct 02, 2006
  • Previous Sale Amount: $147,000
  • 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:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1849 ft²

Average Home Age

42.3 years

Currently For Sale

265 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 1712 Arden Place, Joliet, IL, 60435

$2,795 /mo

  • 4 Beds
  • 2 Baths
  • 2,240 ft²
1712 Arden Place, Joliet, IL, 60435 Listing by Joseph Diaz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Rory Hertzberg, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11263113
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 1103 Lilac Lane built and last sold?
The property at 1103 Lilac Lane was built in 1959 and last sold on Dec 8, 2021 for $170,000.
How much is this home worth?
The estimated value of the home located at 1103 Lilac Lane is $0.
What are some comparable homes to 1103 Lilac Lane?
There are currently no comparable homes to 1103 Lilac Lane.
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