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Joliet 60433
122 Akin Avenue
$145,000
● House - Off Market

122 Akin Avenue

Joliet, IL 60433
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,208 Ft²
$903
Est. Monthly
18.70%
Cap Rate

About This Property

3 Bedrooms 1 bath , Full basement , Excellent opportunity to own this beautiful house, with a double lot and very cheap taxes, Don't miss the opportunity to buy this house at a low price, make your appointment today
Unit Size
1,208 Ft²
Days on Market
-
Land Size
-
Price per sqft
$120
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1890

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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 #11919198)

Price History

Date / Event Date Event Price
Jan 31, 2024 Sold
Premium
Sold
Oct 28, 2023 Listed by Casa Moderna Real Estate $145,000
Listed by Casa Moderna Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • 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: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,592
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,208
  • Building Area: 1,208
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,208
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AKINS
  • Land Acres: 0000000080
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: THE N1/2 OF LOT 10 IN BLK 8 IN AKIN'S SUB, BEING A SUB OF PRT OF THE E1/2 OF THE NE1/4 OF SEC. 15, T35N-R10E.

Neighborhood

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

Geography

  • Parcel: 30-07-15-217-015
  • Block: 8
  • Lot: 10
  • Meridian: SEC 15 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5225
  • Longitude: -88.0626

    Address

  • Full Address: 122 Akin Ave
  • Address - House Number: 122
  • Address - Street Name: Akin
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C086
  • 4-Digit Zip Code: 1204
  • Zip Code: 60433

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $228,984
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.0867
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 92
  • Final Value: 144,115
  • High Value: 156,621
  • Low Value: 131,609

    Market Valuation

  • Market Total Value: $74,385
  • Market Land Value: $12,909
  • Market Improvement Value: $61,476

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,795
  • Assessed Land Value: $4,303
  • Assessed Improvements Value: $20,492

    Sales

  • Current Sale Contract Date: Jan 16, 2024
  • Current Sale Recording Date: Feb 05, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5739
  • Previous Sale Recording Date: Jun 19, 1997
  • Previous Sale Contract Date: Jun 10, 1997
  • Previous Sale Amount: $37,000
  • 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 Joliet

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1889 ft²

Average Home Age

41.3 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

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MRED

Listed by: Alma (Coral) Ortega, Casa Moderna Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11919198
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 122 Akin Avenue built and last sold?
The property at 122 Akin Avenue was built in 1890 and last sold on Jan 16, 2024 for $145,000.
How much is this home worth?
The estimated value of the home located at 122 Akin Avenue is $0.
What are some comparable homes to 122 Akin Avenue?
There are currently no comparable homes to 122 Akin Avenue.
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