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Joliet 60433 Adella McLean
115 Logan Avenue
$157,000
● House - Off Market

115 Logan Avenue

Joliet, IL 60433
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,192 Ft²
$923
Est. Monthly
13.50%
Cap Rate

About This Property

Buyers Financing Fell Thru! Estate Sale Sold AS-IS!  Great Condition and Well Cared for Ranch home! 2 Bedrooms! 1 Bathroom! Spacious Living Room and Dining Room! Large bedrooms! Eat in kitchen offers all appliances, planning desk, abundance of cabinets, ceiling fan! Unfinished basement! Deck! Detached 2.1 car garage has attached shed for additional storage plus concrete patio! Roof 2022! Minutes to I80!
Unit Size
1,192 Ft²
Days on Market
-
Land Size
-
Price per sqft
$143
Property Type
House
Property Taxes
$89
HOA Dues
-
Year Built
1900

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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.

Last updated: 3 years ago (MRED MLS #11888547)

Price History

Date / Event Date Event Price
Dec 5, 2023 Sold
Premium
Sold
Sep 19, 2023 Listed by RE/MAX Ultimate Professionals $169,900
Listed by RE/MAX Ultimate Professionals

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 360
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,785
  • Total Building Area: 1,192
  • Building Area: 1,192
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,192
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AVERY'S ADD
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 15 IN AVERY'S ADDN TO JOLIET, BEING A SUB OF PART OF THE E1/2 OF THE NW1/4 OF SEC 14, T35N-R10E.

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 882400

Geography

  • Parcel: 30-07-14-111-008
  • Lot: 15
  • Meridian: SEC 14 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5219
  • Longitude: -88.0553

    Address

  • Full Address: 115 Logan Ave
  • Address - House Number: 115
  • Address - Street Name: Logan
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C039
  • 4-Digit Zip Code: 1262
  • Zip Code: 60433

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $106,204
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.0867
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 92
  • Final Value: 165,819
  • High Value: 180,208
  • Low Value: 151,429

    Market Valuation

  • Market Total Value: $125,841
  • Market Land Value: $17,529
  • Market Improvement Value: $108,312

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,947
  • Assessed Land Value: $5,843
  • Assessed Improvements Value: $36,104

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 21, 2023
  • Current Sale Recording Date: Dec 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 64703
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 Adella McLean

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 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 303 Stone Street, Joliet, IL, 60435

$1,825 /mo

  • 2 Beds
  • 1 Bath
  • 925 ft²
303 Stone Street #2B, Joliet, IL, 60435 Listing by Jeff Jakob

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Dawn Dause, RE/MAX Ultimate Professionals
Last Updated: 3 years ago
Data Source: MRED, MLS# 11888547
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 115 Logan Avenue built and last sold?
The property at 115 Logan Avenue was built in 1900 and last sold on Nov 21, 2023 for $157,000.
How much is this home worth?
The estimated value of the home located at 115 Logan Avenue is $0.
What are some comparable homes to 115 Logan Avenue?
There are currently no comparable homes to 115 Logan Avenue.
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