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Joliet 60435 Emerald Lawns
1306 Schriber Avenue
$245,000
● House - Off Market

1306 Schriber Avenue

Joliet, IL 60435
bedrooms
3 Beds
bathrooms
1 Bath
$1,313
Est. Monthly
11.96%
Cap Rate

About This Property

Move-in ready 3-bedroom, 1-bathroom home located in a quiet area of Joliet. Freshly painted with modern flooring throughout. Enjoy a beautiful kitchen featuring sleek cabinets and countertops. The home offers a partially fenced yard and a long driveway for plenty of parking. Conveniently located just blocks from schools, with easy interstate access and close proximity to shopping and dining options. Schedule your showing now!
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
House
Property Taxes
$159
HOA Dues
-
Year Built
1953

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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

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Total Rooms: 5
  • Bedroom Count: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 900
  • Garage Type: 4
  • Garage Square Area: 178
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,710
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,800
  • Building Area: 900
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 900
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLACK ROAD ESTATES UNIT #2
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 115 IN BLACK ROAD ESTATES UNIT 2, BEING A SUB OF PRT OF S50 ACR OF THE E1/2 OF THE SE1/4 OF SEC. 5, T35N-R10E.

Neighborhood

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

Geography

  • Parcel: 30-07-05-326-006
  • Lot: 115
  • Meridian: SEC 05 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.54
  • Longitude: -88.1145

    Address

  • Full Address: 1306 Schriber Ave
  • Legal Unit: 2
  • Address - House Number: 1306
  • Address - Street Name: Schriber
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C059
  • 4-Digit Zip Code: 3928
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $256,976
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 198,361
  • High Value: 232,089
  • Low Value: 164,633

    Market Valuation

  • Market Total Value: $157,542
  • Market Land Value: $42,144
  • Market Improvement Value: $115,398

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,514
  • Assessed Land Value: $14,048
  • Assessed Improvements Value: $38,466

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 19, 2017
  • Current Sale Recording Date: Jan 25, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2017007997
  • Previous Sale Recording Date: Nov 19, 2007
  • Previous Sale Contract Date: Nov 08, 2007
  • Previous Sale Amount: $125,000
  • 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 Emerald Lawns

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$224

Below Asking

0.02%

Average Days on Market

49

Average Home Size

985 ft²

Average Home Age

74 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 1467 Berta Drive, Crest Hill, IL, 60403

$2,375 /mo

  • 2 Beds
  • 1 Bath
  • 1,300 ft²
1467 Berta Drive, Crest Hill, IL, 60403 Listing by William Neuman

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Julian Vasquez, Results Realty ERA Powered
Data Source: MRED, MLS# MRD12373512
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 1306 Schriber Avenue built and last sold?
The property at 1306 Schriber Avenue was built in 1953 and last sold on Jan 19, 2017 for $120,000.
How much is this home worth?
The estimated value of the home located at 1306 Schriber Avenue is $0.
What are some comparable homes to 1306 Schriber Avenue?
There are currently no comparable homes to 1306 Schriber Avenue.
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