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Joliet 60435
1706 Prairie Wind Drive
$315,000
● House - Off Market

1706 Prairie Wind Drive

Joliet, IL 60435
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,850 Ft²
$2,044
Est. Monthly
8.01%
Cap Rate

About This Property

Welcome in -- to this 2 story home in Joliet with with over 1800 sq ft of living space! Featuring 3 bedrooms, 2 and a half baths and full basement! This beautiful home shines with possibilities! Interior is freshly painted, 2 full bathrooms on second floor with powder room on main. Large master bedroom features cathedral ceiling, walk-in closet, full bath. Full basement is unfinished, waiting for your ideas to add additional living space! Plainfield district 202 schools and no HOA fees! Home being sold as-is. Seller is offering $5,000 credit at closing!!
Unit Size
1,850 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$170
Property Type
House
Property Taxes
$496
HOA Dues
-
Year Built
2001

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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 #12118431)

Price History

Date / Event Date Event Price
Aug 30, 2024 Sold
Premium
Sold
Jul 30, 2024 In contract -
In contract
Jul 25, 2024 Listed by Goggin Real Estate LLC $315,000
Listed by Goggin Real Estate LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • 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: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,206
  • Total Building Area: 1,850
  • Building Area: 1,850
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,850
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEXFORD EAST UNIT 3
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 86 IN WEXFORD EAST SUB UNIT 3, A SUB OF PRT OF THE SE1/4 OF SEC 36, T36N-R9E.

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880412

Geography

  • Parcel: 06-03-36-407-010
  • Lot: 86
  • Meridian: SEC 36 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5539
  • Longitude: -88.1496

    Address

  • Full Address: 1706 Prairie Wind Dr
  • Legal Unit: 3
  • Address - House Number: 1706
  • Address - Street Name: Prairie Wind
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Joliet
  • Carrier Code: C101
  • 4-Digit Zip Code: 0686
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $558,806
  • Tax Rate Code Area: 0606

    Appraisal Valuation

  • Standard Deviation: 0.1606
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 303,421
  • High Value: 352,172
  • Low Value: 254,670

    Market Valuation

  • Market Total Value: $231,483
  • Market Land Value: $58,971
  • Market Improvement Value: $172,512

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $77,161
  • Assessed Land Value: $19,657
  • Assessed Improvements Value: $57,504

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 17, 2017
  • Current Sale Recording Date: Jan 10, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: R2018002508
  • Previous Sale Recording Date: Apr 03, 2002
  • Previous Sale Contract Date: Mar 12, 2002
  • Previous Sale Amount: $168,500
  • Previous Sale Document Type: 51

    Financing

  • First Mortgage Financing Type: UNK
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:

$339,900

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

45

Average Home Size

1924 ft²

Average Home Age

39.7 years

Currently For Sale

271 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: Nancy Gibson, Goggin Real Estate LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 12118431
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 1706 Prairie Wind Drive built and last sold?
The property at 1706 Prairie Wind Drive was built in 2001 and last sold on Dec 17, 2017 for $199,000.
How much is this home worth?
The estimated value of the home located at 1706 Prairie Wind Drive is $0.
What are some comparable homes to 1706 Prairie Wind Drive?
There are currently no comparable homes to 1706 Prairie Wind Drive.
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