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Will 60433
1858 David Avenue
$340,000
● House - Off Market

1858 David Avenue

Joliet, IL 60433
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,100 Ft²
$2,438
Est. Monthly
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$162
Property Type
House
Property Taxes
$769
HOA Dues
-
Year Built
2003

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 192
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,160
  • Lot Size Depth Feet: 1,680
  • Lot Size Frontage Feet: 1,210
  • Total Building Area: 2,292
  • Building Area: 2,100
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,100
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MCNALLY ACRES UNIT #2
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 33 UNIT 2 IN MCNALLY ACRES, BEING A SUB OF PRT OF THE E1/2 OF THE NW1/4 SEC 24, T35N-R10E.

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 883000

Geography

  • Parcel: 30-07-24-108-018
  • Lot: 33
  • Meridian: SEC 24 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5052
  • Longitude: -88.0356

    Address

  • Full Address: 1858 David Ave
  • Legal Unit: 2
  • Address - House Number: 1858
  • Address - Street Name: David
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: R004
  • 4-Digit Zip Code: 8511
  • Zip Code: 60433

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $881,460
  • Tax Rate Code Area: 3012

    Appraisal Valuation

  • Standard Deviation: 0.1665
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 311,799
  • High Value: 363,730
  • Low Value: 259,869

    Market Valuation

  • Market Total Value: $305,061
  • Market Land Value: $34,773
  • Market Improvement Value: $270,288

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $101,687
  • Assessed Land Value: $11,591
  • Assessed Improvements Value: $90,096

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 18, 2005
  • Current Sale Recording Date: Dec 01, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2005210677
  • Previous Sale Recording Date: Apr 26, 2002
  • Previous Sale Contract Date: Apr 16, 2002
  • Previous Sale Amount: $20,000
  • 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 Will

Stats & Trends

Median Asking:

$389,900

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2340 ft²

Average Home Age

32.8 years

Currently For Sale

1538 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 2515 E Cass Street, Joliet, IL, 60432

$1,800 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
2515 E Cass Street #1A, Joliet, IL, 60432 Listing by Debbie Andrews

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Alma (Coral) Ortega, Casa Moderna Real Estate
Data Source: MRED, MLS# MRD12507016
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 1858 David Avenue built and last sold?
The property at 1858 David Avenue was built in 2003 and last sold on Nov 18, 2005 for $200,000.
How much is this home worth?
The estimated value of the home located at 1858 David Avenue is $0.
What are some comparable homes to 1858 David Avenue?
There are currently no comparable homes to 1858 David Avenue.
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