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Morris 60450
201 George Street
$237,500
● House - Off Market

201 George Street

Morris, IL 60450
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,664 Ft²
$256,891
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

CHECK OUT THIS ADORABLE 4 BEDROOM, 3 BATH, ALL BRICK HOME WITH A FULL FINISHED BASEMENT. THE MAIN LEVEL PROVIDES A SPACIOUS LIVING ROOM, FAMILY ROOM, AND EAT-IN KITCHEN.THE FINISHED BASEMENT IS THE PERFECT SPOT FOR ENTERTAINING, FEATURING A BAR / POOL-TABLE AREA, FULL BATHROOM AND STORAGE ROOM. THE HOUSE IS SITUATED ON A PEACEFUL LOT ALLOWING FOR CONVENT ACCESS TO STORES, RESTAURANTS, AND EASY ACCESS TO I-80. NICE COVERED REAR PORCH FOR SUMMER TIME BBQ's.  BRAND NEW CARPET ON THE MAIN FLOOR AND VINYL IN THE KITCHEN/UTILITY ROOM.  FINALLY, NO NEED TO WORRY ABOUT THE SNOW AND ICE ON YOUR CAR THIS WINTER-ENJOY THE 2 CAR ATTACHED GARAGE! ESTATE SALE SOLD "AS IS".
Unit Size
1,664 Ft²
Days on Market
-
Land Size
-
Price per sqft
$143
Property Type
House
Property Taxes
$214
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 #11268419)

Price History

Date / Event Date Event Price
Jan 25, 2022 Sold
Premium
Sold
Nov 10, 2021 Listed by Advantage Realty, Inc $237,500
Listed by Advantage Realty, Inc

Property Highlights

Garage
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: 7,841
  • Total Building Area: 1,635
  • Gross Building Area: 1,635
  • Building Area: 1,635
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,635
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEATTY SUBDIVISION
  • Land Acres: 0000000180
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: BEATTYS SUB LT 16 SEC 33-34-7

Neighborhood

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

Geography

  • District: 15
  • Parcel: 02-33-476-002
  • Lot: 16
  • Meridian: SEC 33 TWN 34N RNG 07W
  • Municipality: SARATOGA TOWNSHIP
  • Latitude: 41.3751
  • Longitude: -88.4257

    Address

  • Full Address: 201 George St
  • Address - House Number: 201
  • Address - Street Name: George
  • Address - Suffix Type: St
  • State: IL
  • City Name: Morris
  • Carrier Code: C007
  • 4-Digit Zip Code: 1105
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $638,715
  • Tax Rate Code Area: 15003

    Appraisal Valuation

  • Standard Deviation: 0.2006
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 73
  • Final Value: 261,621
  • High Value: 314,110
  • Low Value: 209,132

    Market Valuation

  • Market Total Value: $240,657
  • Market Land Value: $38,364
  • Market Improvement Value: $202,293

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,219
  • Assessed Land Value: $12,788
  • Assessed Improvements Value: $67,431

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 25, 2022
  • Current Sale Recording Date: Jan 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 610855
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:

$307,000

Sale Price/ft²

$174

Below Asking

0.02%

Average Days on Market

43

Average Home Size

1933 ft²

Average Home Age

59 years

Currently For Sale

18 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: Joan Eslinger, Advantage Realty, Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11268419
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 201 George Street built and last sold?
The property at 201 George Street was built in 1968 and last sold on Jan 25, 2022 for $237,500.
How much is this home worth?
The estimated value of the home located at 201 George Street is $242,549.
What are some comparable homes to 201 George Street?
There are currently no comparable homes to 201 George Street.
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