For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Joliet 60431
1304 Gilray Drive
$207,500
● House - Off Market

1304 Gilray Drive

JOLIET, IL 60431
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,944 Ft²
$335,527
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Leach homes spacious quad level (sub basement) features 3 bedrooms, 2 baths, 2 car garage, cathedral ceilings with plenty of space in each room. The lower level has 2 living areas (easily converted to an office or 4th bedroom) and access to the garage. The kitchen has honey oak cabinets and high cathedral ceilings and opens to the lower level. The large fenced back yard has a concrete patio and plenty of room to roam.
Unit Size
1,944 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$108
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
2005

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #09625332)

Price History

Date / Event Date Event Price
Jul 13, 2017 Sold
Premium
Sold
May 12, 2017 Listed by Baird & Warner $209,900
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 494
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,184
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,944
  • Building Area: 1,944
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,944
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CUMBERLAND SOUTH UNIT 7
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 227 IN CUMBERLAND SOUTH UNIT SEVEN, BEING A SUB OF PRT OF THE NW FRACT'L 1/4 OF SEC. 6, T35N-R9E.

Neighborhood

  • School District Name: Troy Community Consolidated School District 30C
  • Census Tract: 883218

Geography

  • Parcel: 05-06-06-110-022
  • Lot: 227
  • Meridian: SEC 06 TWN 35N RNG 09E
  • Municipality: TROY
  • Latitude: 41.5443
  • Longitude: -88.2517

    Address

  • Full Address: 1304 Gilray Dr
  • Legal Unit: 7
  • Address - House Number: 1304
  • Address - Street Name: Gilray
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Joliet
  • Carrier Code: R018
  • 4-Digit Zip Code: 6069
  • Zip Code: 60431

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $689,432
  • Tax Rate Code Area: 0520

    Appraisal Valuation

  • Standard Deviation: 0.1608
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 312,887
  • High Value: 363,207
  • Low Value: 262,566

    Market Valuation

  • Market Total Value: $240,843
  • Market Land Value: $40,728
  • Market Improvement Value: $200,115

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,281
  • Assessed Land Value: $13,576
  • Assessed Improvements Value: $66,705

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 03, 2017
  • Current Sale Recording Date: Jul 25, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2017057656
  • Previous Sale Recording Date: Aug 10, 2005
  • Previous Sale Contract Date: Aug 04, 2005
  • Previous Sale Amount: $205,500
  • Previous Sale Document Type: 20

    Financing

  • First Mortgage Financing Type: FIX
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:

$339,900

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

45

Average Home Size

1913 ft²

Average Home Age

40.3 years

Currently For Sale

268 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 7705 Nightshade Lane, Joliet, IL, 60431

$2,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
7705 Nightshade Lane, Joliet, IL, 60431 Listing by Liz Ruiz
Unit for rent at 7707 Nightshade Lane, Joliet, IL, 60431

$2,795 /mo

  • 3 Beds
  • 2 Baths
  • 1,701 ft²
7707 Nightshade Lane #7707, Joliet, IL, 60431 Listing by Waqar Riaz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Teri-Lynn Tomazic, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 09625332
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 1304 Gilray Drive built and last sold?
The property at 1304 Gilray Drive was built in 2005 and last sold on Jul 3, 2017 for $207,500.
How much is this home worth?
The estimated value of the home located at 1304 Gilray Drive is $0.
What are some comparable homes to 1304 Gilray Drive?
There are currently no comparable homes to 1304 Gilray Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Troy Homes for Sale
Troy Houses for Sale
Troy Condos for Sale
Troy Townhouses for Sale
Troy Multifamily for Sale
Troy Land for Sale
Troy Commercial for Sale
Troy Homes with Basements
Nearby Cities
Joliet Homes for Sale
Plainfield Homes for Sale
Lockport Homes for Sale
Romeoville Homes for Sale
Shorewood Homes for Sale
Crest Hill Homes for Sale
Channahon Homes for Sale
Minooka Homes for Sale
Nearby Property Records
Will County, IL Property Records
Kendall County, IL Property Records
Grundy County, IL Property Records
DuPage County, IL Property Records
Cook County, IL Property Records
Kankakee County, IL Property Records
DeKalb County, IL Property Records
Kane County, IL Property Records
Neighborhoods
Cathedral Area Real Estate
Reedwood Real Estate
Country Glen Real Estate
St. Pat's Real Estate
Cunningham Real Estate
Clublands Real Estate
Cumberland Real Estate
Emerald Lawns Real Estate
Nearby Counties
Plainfield Homes for Sale
Lockport Homes for Sale
Joliet Homes for Sale
Aux Sable Homes for Sale
Na-Au-Say Homes for Sale
Channahon Homes for Sale
Seward Homes for Sale
Jackson Homes for Sale
Top Real Estate Agents
Top Agents in Troy
Top Agents in Joliet
Top Agents in Plainfield
Top Agents in Lockport
Top Agents in Joliet
Top Agents in Plainfield
Top Agents in 60586
Top Agents in 60435