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Joliet 60436 Idyleside
115 Morris Street
$178,000
● House - Off Market

115 Morris Street

JOLIET, IL 60436
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$279,064
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

WELCOME HOME!!!! THIS 3BR. HOME IS IN PERFECT MOVE-IN CONDITION. HOME HAS NEW SIDING, NEW ROOF, NEW AC, NEWER WATER HEATER, NEW CARPET IN BEDOOMS 2 AND 3, A REMODELLED KITCHEN WITH BEAUTIFUL FRENCH DOORS OPENING UP TO A HUGE BACKYARD,  A NEWLY FINISHED BASEMENT WITH A BEAUTIFUL FULL BATHROOM. HOME IS VERY CLOSE TO MAJOR EXPRESSWAY. MOTIVATED SELLERS. COME PREVIEW!!!!
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$125
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1950

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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 #09671837)

Price History

Date / Event Date Event Price
Aug 11, 2017 Sold
Premium
Sold
Jun 23, 2017 Listed by Baird & Warner Real Estate $175,000
Listed by Baird & Warner Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,000
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,224
  • Building Area: 1,224
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,224
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IDYLSIDE
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 4 5 BLOCK 6 IN JAMES J. SMILEY'S RESUB OF PRT OF S JOLIET, BEING A SUB OF PRT OF THE W1/2 OF SEC 21, PRT OF THE SW1/4 O

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 882801

Geography

  • Parcel: 30-07-18-202-041
  • Block: 6
  • Lot: 4-5
  • Meridian: SEC 21 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5199
  • Longitude: -88.1225

    Address

  • Full Address: 115 Morris St
  • Address - House Number: 115
  • Address - Street Name: Morris
  • Address - Suffix Type: St
  • State: IL
  • City Name: Joliet
  • Carrier Code: C084
  • 4-Digit Zip Code: 1228
  • Zip Code: 60436

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $558,114
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 229,718
  • High Value: 270,112
  • Low Value: 189,325

    Market Valuation

  • Market Total Value: $199,302
  • Market Land Value: $52,914
  • Market Improvement Value: $146,388

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,434
  • Assessed Land Value: $17,638
  • Assessed Improvements Value: $48,796

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 16, 2023
  • Current Sale Recording Date: Jun 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 31213
  • Previous Sale Recording Date: Aug 25, 2017
  • Previous Sale Contract Date: Aug 10, 2017
  • Previous Sale Amount: $178,000
  • 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 Idyleside

Stats & Trends

Median Asking:

$259,900

Sale Price/ft²

$244

Above Asking

0.00%

Average Days on Market

56

Average Home Size

1056 ft²

Average Home Age

72.1 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 1311 Loral Avenue, Joliet, IL, 60435

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,005 ft²
1311 Loral Avenue, Joliet, IL, 60435 Listing by Jayson Iniguez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jeffrey Mappa, Baird & Warner Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 09671837
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 Morris Street built and last sold?
The property at 115 Morris Street was built in 1950 and last sold on Jun 16, 2023 for $213,200.
How much is this home worth?
The estimated value of the home located at 115 Morris Street is $176,750.
What are some comparable homes to 115 Morris Street?
There are currently no comparable homes to 115 Morris Street.
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