$108,600
●
House -
Off Market
1208 Chippewa Street
Joliet, IL 60433
4 Beds
1 Bath
848 Ft²
$110,060
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
Charming home on quiet street. 4 bedrooms (or 3 bedrooms and dining
room) with 1 full bath on a full, unfinished basement. Hardwood
floors. Tile bath. Recent mechanicals, newer roof. Wheel chair ramp
and appliances stay. Sold as-is. Listing includes 2 additional PINS
behind 1208 Chippewa and includes a 2.5 car garage, making this a
0.578 acre parcel (Additional Parcels: 25X128:25X128) Newer
Central Air, hot water heater, sump pumps, battery backup and well
replaced in 2020. Multiple offers received, highest and best
offers by 5pm on Monday, October 25, 2021.
Unit Size
848 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$118
Property Type
House
Property Taxes
$144
HOA Dues
-
Year Built
1951
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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 #11253020)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 5, 2022 | Sold | ||
| Sold | |||
| Mar 3, 2022 | Listed by Chase Real Estate LLC | $199,700 | |
| Listed by Chase Real Estate LLC | |||
| | |||
|
Beautifully updated and ready for new owners! Charming home on quiet street. 4 bedrooms with 1 full bath and a full, unfinished basement. Gorgeous new kitchen with white, shaker style cabinets, quarts countertops and all stainless appliances, All new light fixtures, interior paint, durable new vinyl plank flooring. Clean and modern updated bathroom. Recent mechanicals, newer roof. Listing includes 2 additional PINS behind 1208 Chippewa and includes a 2.5 car garage, making this a 0.578 acre parcel (Additional Parcels: 25X128:25X128) Newer Central Air, hot water heater, sump pumps, battery backup and well replaced in 2020. Please view the 3-D tour and schedule your private showing today!
| |||
| Dec 20, 2021 | Sold | ||
| Sold | |||
| Oct 22, 2021 | Listed by Keller Williams Preferred Rlty | $99,900 | |
| Listed by Keller Williams Preferred Rlty | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Joliet
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Listed by: Carol Moore, Keller Williams Preferred Rlty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11253020
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11253020
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