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Joliet 60435
1114 Alann Drive
$224,900
● House - Off Market

1114 Alann Drive

Joliet, IL 60435
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
936 Ft²
$1,495
Est. Monthly
11.26%
Cap Rate

About This Property

Step into the character of this cozy 3-bedroom, 1.5-bath home. With a little love, paint and refinished hardwood floors, this could be your new home. Washer and dryer are newer. The roof is approx. 7 years old.  The living area offers a comfortable space with wood flooring. Basement is partially finished with a bar and rec room.   Each bedroom offers its own slice of comfort, with plenty of natural light  to create your own peaceful retreat. Main level full bath  and the additional half bath in the basement. Backyard is fully fenced with a large paver patio and shed.  Walking distance to schools and bus service.
Unit Size
936 Ft²
Days on Market
-
Land Size
-
Price per sqft
$240
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1953

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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

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Bedroom Count: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • 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: 312
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,787
  • Lot Size Frontage Feet: 690
  • Total Building Area: 1,248
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 936
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KRINGS ACRES UNIT #1
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 24 IN KRINGS ACRES UNIT 1, 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: 30-07-06-404-004
  • Lot: 24
  • Meridian: SEC 06 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5437
  • Longitude: -88.1219

    Address

  • Full Address: 1114 Alann Dr
  • Legal Unit: 1
  • Address - House Number: 1114
  • Address - Street Name: Alann
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Joliet
  • Carrier Code: C102
  • 4-Digit Zip Code: 3827
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $450,268
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 202,895
  • High Value: 231,699
  • Low Value: 174,090

    Market Valuation

  • Market Total Value: $164,268
  • Market Land Value: $41,325
  • Market Improvement Value: $122,943

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,756
  • Assessed Land Value: $13,775
  • Assessed Improvements Value: $40,981

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 16, 2017
  • Current Sale Recording Date: Sep 05, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2017069670
  • Previous Sale Recording Date: Sep 20, 2002
  • Previous Sale Contract Date: Sep 16, 2002
  • Previous Sale Amount: $104,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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

45

Average Home Size

1888 ft²

Average Home Age

41.2 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: Barbara Gall, RE/MAX Ultimate Professionals
Data Source: MRED, MLS# MRD12342598
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 1114 Alann Drive built and last sold?
The property at 1114 Alann Drive was built in 1953 and last sold on Aug 16, 2017 for $156,000.
How much is this home worth?
The estimated value of the home located at 1114 Alann Drive is $0.
What are some comparable homes to 1114 Alann Drive?
There are currently no comparable homes to 1114 Alann Drive.
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