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Joliet 60435 Emerald Lawns
1208 Schriber Avenue
$179,000
● House - Off Market

1208 Schriber Avenue

Joliet, IL 60435
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,332 Ft²
$181,295
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Great opportunity to own a charming corner lot ranch home in well established west Joliet neighborhood!! First time on the market, this home has been lovingly cared for and has so much to offer. The home features a large living room with beamed ceiling, generous sized eat-in kitchen that opens up to a family room with gas fireplace. Three bedrooms all have nice sized closets. Large utility room off the kitchen has door leading out to private patio and partially fenced in yard with large shed. Bright and welcoming three season room off back of attached garage is perfect for relaxing or entertaining. The home is surrounded by mature trees including a spectacular magnolia tree in front yard. Great location close to schools, shopping and so much more!! The home is an estate and being offered As-Is.
Unit Size
1,332 Ft²
Days on Market
-
Land Size
-
Price per sqft
$135
Property Type
House
Property Taxes
$122
HOA Dues
-
Year Built
1954

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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 #11772531)

Price History

Date / Event Date Event Price
May 24, 2023 Sold
Premium
Sold
May 5, 2023 Listed by @properties Christie's International Real Estate $179,900
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 8
  • Basement Area: 1,332
  • Garage Type: 1
  • Garage Square Area: 320
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,913
  • Total Building Area: 2,984
  • Building Area: 1,332
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,332
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: UNIT 2 LOT 189 THE WEST 17 FT OF LOT 190 IN UNIT 2 OF BLACK ROAD ESTATES, BEING A SUB OF PART OF THE E1/2 OF THE SW1/4 OF SE

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881500

Geography

  • Parcel: 30-07-05-335-001
  • Lot: 189
  • Meridian: SEC 05 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5399
  • Longitude: -88.1122

    Address

  • Full Address: 1208 Schriber Ave
  • Legal Unit: 2
  • Address - House Number: 1208
  • Address - Street Name: Schriber
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C059
  • 4-Digit Zip Code: 3926
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $143,662
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 214,763
  • High Value: 252,301
  • Low Value: 177,224

    Market Valuation

  • Market Total Value: $175,662
  • Market Land Value: $50,217
  • Market Improvement Value: $125,445

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,554
  • Assessed Land Value: $16,739
  • Assessed Improvements Value: $41,815

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 19, 2023
  • Current Sale Recording Date: May 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 4
  • Current Sale Input Document Number: 25805
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 Emerald Lawns

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$224

Below Asking

0.02%

Average Days on Market

49

Average Home Size

972 ft²

Average Home Age

75 years

Currently For Sale

4 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

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MRED

Listed by: Jennifer Hubl, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11772531
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 1208 Schriber Avenue built and last sold?
The property at 1208 Schriber Avenue was built in 1954 and last sold on May 19, 2023 for $179,900.
How much is this home worth?
The estimated value of the home located at 1208 Schriber Avenue is $0.
What are some comparable homes to 1208 Schriber Avenue?
There are currently no comparable homes to 1208 Schriber Avenue.
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