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Morris 60450
1316 Brendan Drive
$188,000
● House - Off Market

1316 Brendan Drive

MORRIS, IL 60450
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$365,582
RealtyHop Estimate
87.48%
Since Jul 1, 2008
National-US
Primary Model

About This Property

Corporate owned / sold as-is  / addendum required upon accepted offer / no survey or disclosure provided / buyer responsible for any required inspections / pre-approval or verification of funds required  / EM certified funds only / Allow ample time for response to offers /  Great investment property. Great Cul-De-Sac Location!! Woodburning Fireplace! Large Deck! Fenced Yard!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$491
HOA Dues
-
Year Built
1990

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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.

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,903
  • Gross Building Area: 1,903
  • Building Area: 1,903
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,903
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TREND BUILDERS SUBDIVISION
  • Land Acres: 0000000270
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: TREND BUILDERS SUB 1ST ADD LT 16 SEC 4-33-7

Neighborhood

  • School District Name: Morris School District 54
  • Census Tract: 000400

Geography

  • District: 12
  • Parcel: 05-04-108-006
  • Lot: 16
  • Meridian: SEC 04 TWN 33N RNG 07W
  • Municipality: MORRIS TOWNSHIP
  • Latitude: 41.3698
  • Longitude: -88.439

    Address

  • Full Address: 1316 Brendan Dr
  • Address - House Number: 1316
  • Address - Street Name: Brendan
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Morris
  • Carrier Code: C006
  • 4-Digit Zip Code: 2436
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $635,394
  • Tax Rate Code Area: 12001

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 75
  • Final Value: 282,334
  • High Value: 334,598
  • Low Value: 230,071

    Market Valuation

  • Market Total Value: $243,561
  • Market Land Value: $47,331
  • Market Improvement Value: $196,230

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $81,187
  • Assessed Land Value: $15,777
  • Assessed Improvements Value: $65,410

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 05, 2013
  • Current Sale Recording Date: Dec 03, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 543665

    Last Sale Mortgage

  • First Mortgage Loan Type:
    Premium
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 Morris

Stats & Trends

Median Asking:

$303,500

Sale Price/ft²

$173

Below Asking

0.02%

Average Days on Market

44

Average Home Size

2001 ft²

Average Home Age

61.8 years

Currently For Sale

22 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 714 E Jackson Street, Morris, IL, 60450

$1,700 /mo

  • 2 Beds
  • 1 Bath
  • 868 ft²
714 E Jackson Street #1, Morris, IL, 60450 Listing by John Krozel
Unit for rent at 416 1/2 W Jackson Street, Morris, IL, 60450

$1,600 /mo

  • 3 Beds
  • 1 Bath
  • 1,230 ft²
416 1/2 W Jackson Street, Morris, IL, 60450 Listing by William Hornsby

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Art Weller, Three Rivers Realty, Inc
Data Source: MRED, MLS# MRD06867459
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 1316 Brendan Drive built and last sold?
The property at 1316 Brendan Drive was built in 1990 and last sold on Oct 5, 2013 for $195,000.
How much is this home worth?
The estimated value of the home located at 1316 Brendan Drive is $196,950.
What are some comparable homes to 1316 Brendan Drive?
There are currently no comparable homes to 1316 Brendan Drive.
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