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Morris 60450
1624 BLACK Street
$150,000
● House - Off Market

1624 BLACK Street

MORRIS, IL 60450
bedrooms
2 Beds
bathrooms
1 Bath
$265,252
RealtyHop Estimate
71.13%
Since Jun 1, 2007
National-US
Primary Model

About This Property

PERFECT STARTER HOME OR TO DOWNSIZE.  BRICK RANCH. GREAT LOCATION! MODERN, SHARP KITCHEN WITH LOTS OF CABINESTS AND NICE DINNING AREA.  NICE TILE AND COUNTERTOPS. MAY HAVE HARDWOOD UNDER CARPET.  FENCED BACK YARD. HEATED GARAGE. STOVE,REF,WASHER & DRYER CAN STAY.MATURE TREES.  NEW PAVED DOUBLE DRIVEWAY FOR EXTRA PARKING.  READY TO CALL YOUR OWN
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$195
HOA Dues
-
Year Built
1959

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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.

Last updated: 2 years ago (MRED MLS #06403828)

Price History

Date / Event Date Event Price
Sep 18, 2017 Sold
Premium
Sold
Jul 20, 2017 Listed by Marquette Properties, Inc $142,900
Listed by Marquette Properties, Inc
Nice all brick ranch on a quiet neighborhood. Sold before print.
May 21, 2007 Sold
Premium
Sold
Feb 5, 2007 Listed by Tiered Real Estate $155,000
Listed by Tiered Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 7,405
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 620
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 864
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOLS SUBDIVISION
  • Land Acres: 0000000170
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: BOLS SUB NO 2 S1/2 LTS 4 & 5 SEC 33-34-7

Neighborhood

  • School District Name: Saratoga Community Consolidated School District 60C
  • Census Tract: 000200

Geography

  • District: 15
  • Parcel: 02-33-454-011
  • Lot: 4-5
  • Meridian: SEC 33 TWN 34N RNG 07W
  • Municipality: SARATOGA TOWNSHIP
  • Latitude: 41.375
  • Longitude: -88.428

    Address

  • Full Address: 1624 Black St
  • Address - House Number: 1624
  • Address - Street Name: Black
  • Address - Suffix Type: St
  • State: IL
  • City Name: Morris
  • Carrier Code: C007
  • 4-Digit Zip Code: 1102
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $365,096
  • Tax Rate Code Area: 15003

    Appraisal Valuation

  • Standard Deviation: 0.2161
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 70
  • Final Value: 165,706
  • High Value: 201,520
  • Low Value: 129,893

    Market Valuation

  • Market Total Value: $137,562
  • Market Land Value: $28,707
  • Market Improvement Value: $108,855

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,854
  • Assessed Land Value: $9,569
  • Assessed Improvements Value: $36,285

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 07, 2023
  • Current Sale Recording Date: Apr 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 618935
  • Previous Sale Recording Date: Sep 15, 2017
  • Previous Sale Contract Date: Aug 21, 2017
  • Previous Sale Amount: $137,000
  • Previous Sale Document Type: 27
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

1962 ft²

Average Home Age

62.8 years

Currently For Sale

21 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

Currently no nearby rentals
MRED

Listed by: , Tiered Real Estate
Last Updated: 2 years ago
Data Source: MRED, MLS# 06403828
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 1624 Black Street built and last sold?
The property at 1624 Black Street was built in 1959 and last sold on Apr 7, 2023 for $198,000.
How much is this home worth?
The estimated value of the home located at 1624 Black Street is $145,506.
What are some comparable homes to 1624 Black Street?
There are currently no comparable homes to 1624 Black Street.
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