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Ingalls Park 60433
123 Cherry Hill Road
$140,000
● House - Off Market

123 Cherry Hill Road

JOLIET, IL 60433
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$196,504
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Charming 3 bed 2 bath home in New Lenox! Large eat in kitchen with grande island. Main level formal living and dining rooms. Large lot with detached oversized 2 car garage, perfect for someone handy! Second level has all original hardwood flooring. Large bedrooms! close to I 80. Home is to be sold as is
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$72
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
1904

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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.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1904
  • Effective Year Built: 1904
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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 Cover: 0
  • Basement Type: 8
  • Basement Area: 432
  • Garage Type: 4
  • Garage Square Area: 480
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,204
  • Total Building Area: 2,232
  • Building Area: 1,800
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,800
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EASTLAWN
  • Land Acres: 0000000900
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: THAT PART OF THE NE1/4 OF SEC 13, T35N-RT10E, DAF: BEGINNING AT A PT 33 FT W OF THE E LINE OF SAID NE1/4 AND 215.5 FT S OF TH

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 882300

Geography

  • Parcel: 30-07-13-224-002
  • Meridian: SEC 13 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5218
  • Longitude: -88.0244

    Address

  • Full Address: 123 Cherry Hill Rd
  • Address - House Number: 123
  • Address - Street Name: Cherry Hill
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Joliet
  • Carrier Code: R004
  • 4-Digit Zip Code: 1605
  • Zip Code: 60433

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $509,492
  • Tax Rate Code Area: 3012

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 228,165
  • High Value: 267,784
  • Low Value: 188,545

    Market Valuation

  • Market Total Value: $165,924
  • Market Land Value: $42,441
  • Market Improvement Value: $123,483

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,308
  • Assessed Land Value: $14,147
  • Assessed Improvements Value: $41,161

    Sales

  • Current Sale Contract Date: Sep 11, 2018
  • Current Sale Recording Date: Sep 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: R2018067633
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 Ingalls Park

Stats & Trends

Median Asking:

$218,000

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

52

Average Home Size

838 ft²

Average Home Age

97.6 years

Currently For Sale

5 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 2515 E Cass Street, Joliet, IL, 60432

$1,800 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
2515 E Cass Street #1A, Joliet, IL, 60432 Listing by Debbie Andrews

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kathy Dames, RE/MAX Ultimate Professionals
Data Source: MRED, MLS# MRD10031973
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 123 Cherry Hill Road built and last sold?
The property at 123 Cherry Hill Road was built in 1904 and last sold on Sep 11, 2018 for $140,000.
How much is this home worth?
The estimated value of the home located at 123 Cherry Hill Road is $0.
What are some comparable homes to 123 Cherry Hill Road?
There are currently no comparable homes to 123 Cherry Hill Road.
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