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Grundy 60450
1680 Riverview Court
$195,000
● House - Off Market

1680 Riverview Court

Morris, IL 60450
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,192 Ft²
$1,581
Est. Monthly
10.92%
Cap Rate

About This Property

Estate Sale, sold "As Is" Over half acre privacy fenced lot with in-ground pool, large gardening shed, fruit trees, large garden plot, very big deck with built-in seating, and charming landscaping to enjoy year round!  Just a few minutes to town you'll find a little piece of perfection to enjoy all Mother Nature has to offer! This three bedroom home has one bath, one car attached garage, newer kitchen and bath, all appliances remain and covered front porch!
Unit Size
1,192 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$182
Property Type
House
Property Taxes
$515
HOA Dues
-
Year Built
1968

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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 #11878387)

Price History

Date / Event Date Event Price
Apr 9, 2024 Sold
Premium
Sold
Sep 8, 2023 Listed by Onorato Real Estate $217,000
Listed by Onorato Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • 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: 11,326
  • Total Building Area: 1,192
  • Gross Building Area: 1,192
  • Building Area: 1,192
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,192
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLLENBECKS FIRST ADDITION
  • Land Acres: 0000000260
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: HOLLENBECKS 1ST ADD LT 36

Neighborhood

  • School District Name: Morris School District 54
  • Census Tract: 000500

Geography

  • District: 17
  • Parcel: 05-11-452-004
  • Lot: 36
  • Municipality: WAUPONSEE TOWNSHIP
  • Latitude: 41.3453
  • Longitude: -88.3891

    Address

  • Full Address: 1680 Riverview Ct
  • Address - House Number: 1680
  • Address - Street Name: Riverview
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Morris
  • Carrier Code: R007
  • 4-Digit Zip Code: 9571
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $450,167
  • Tax Rate Code Area: 17001

    Appraisal Valuation

  • Standard Deviation: 0.1032
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 90
  • Final Value: 211,945
  • High Value: 233,836
  • Low Value: 190,053

    Market Valuation

  • Market Total Value: $170,583
  • Market Land Value: $33,819
  • Market Improvement Value: $136,764

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,861
  • Assessed Land Value: $11,273
  • Assessed Improvements Value: $45,588

    Exemptions

  • Homeowner Exemption: Yes
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 Grundy

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$185

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2095 ft²

Average Home Age

33.8 years

Currently For Sale

114 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

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MRED

Listed by: Christine White, Onorato Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11878387
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 1680 Riverview Court built and last sold?
The property at 1680 Riverview Court was built in 1968 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1680 Riverview Court is $220,393.
What are some comparable homes to 1680 Riverview Court?
There are currently no comparable homes to 1680 Riverview Court.
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