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Joliet 60432
1311 Maple Road
$24,000
● Land - Off Market

1311 Maple Road

Joliet, IL 60432
bedrooms
Studio
bathrooms
0 Bath
$28,136
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Up for sale is this vacant .55 acre residential lot. Good frontage on Maple Rd in Joliet. Quick and easy access to both I-80 and I-355. Nice residential lot at a most affordable price. See and Compare. Priced right for today's market. Special Owner financing available. Please Call for details.
Unit Size
-
Days on Market
-
Land Size
0.55 acres
Price per sqft
-
Property Type
Land
Property Taxes
$35
HOA Dues
-
Year Built
-

Payment Calculator

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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 #11177334)

Price History

Date / Event Date Event Price
Oct 1, 2021 Sold
Premium
Sold
Aug 2, 2021 Listed by Brummel Properties, Inc. $25,000
Listed by Brummel Properties, Inc.

Property Highlights

Building Info

Overview

    General

  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,958
  • Lot Size Frontage Feet: 1,410
  • Total Building Area: 1,304
  • Building Area: 1,304
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,304
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: ROYAL MEADOWS 02
  • Land Acres: 0000000550
  • Standard Land Use Code: 8001
  • County Land Use Code: 0030
  • Legal Description 1: THAT PRT OF THE SE1/4 OF SEC 2 AND THE NE1/4 OF SEC 11, T35N-R10E, DESC AS COMM ON THE S LN OF SD SEC 2, A DIST OF 1005.75 FT

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 882200

Geography

  • Parcel: 30-07-02-410-013
  • Meridian: SEC 11 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5392
  • Longitude: -88.051

    Address

  • Full Address: 1311 Maple Rd
  • Address - House Number: 1311
  • Address - Street Name: Maple
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Joliet
  • Carrier Code: C051
  • 4-Digit Zip Code: 1440
  • Zip Code: 60432

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $49,104
  • Tax Rate Code Area: 3073

    Market Valuation

  • Market Total Value: $15,951
  • Market Land Value: $15,951

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $5,317
  • Assessed Land Value: $5,317

    Sales

  • Current Sale Contract Date: Sep 20, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021111788
  • Previous Sale Recording Date: Oct 10, 2003
  • Previous Sale Contract Date: Sep 10, 2003
  • Previous Sale Amount: $200,000
  • 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

1849 ft²

Average Home Age

42.3 years

Currently For Sale

265 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 204 E Washington Street, Joliet, IL, 60433

$1,500 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
204 E Washington Street #204, Joliet, IL, 60433 Listing by Dennis Hough

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Keith Warpinski, Brummel Properties, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11177334
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 1311 Maple Road built and last sold?
The property at 1311 Maple Road was built in and last sold on Sep 20, 2021 for $24,000.
How much is this home worth?
The estimated value of the home located at 1311 Maple Road is $25,250.
What are some comparable homes to 1311 Maple Road?
There are currently no comparable homes to 1311 Maple Road.
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