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Joliet 60586
2011 Olde Mill Road
$365,100
● House - Off Market

2011 Olde Mill Road

Plainfield, IL 60586
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,852 Ft²
$2,335
Est. Monthly
$12
HOA / Fees
6.44%
Cap Rate

About This Property

Beautifully maintained and move-in ready!   This home offers cathedral ceilings in the living room and dining room combo.  The kitchen offers an eat in area, all appliances and under cabinet lighting.  The family room is spacious and has a sliding glass door leading to a great fenced in backyard with deck and shed.  The owner's suite offers a bathroom and 2 walk in closets.  2 additional bedrooms all on the 2nd floor.  A finished basement provides a recreation area and storage area.   New carpet, paint.  Roof and windows 2016, furnace and ac 2018, some siding and deck 2023. Close to park, restaurants and shopping.
Unit Size
1,852 Ft²
Days on Market
-
Land Size
-
Price per sqft
$197
Property Type
House
Property Taxes
$530
HOA Dues
$12
Year Built
1996

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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: 2 years ago (MRED MLS #12206047)

Price History

Date / Event Date Event Price
Jan 6, 2025 Sold
Premium
Sold
Nov 16, 2024 In contract -
In contract
Nov 8, 2024 Listed by Coldwell Banker Real Estate Group $365,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Total Rooms: 9
  • Bedroom Count: 3
  • 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: 6
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 110
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,852
  • Building Area: 1,852
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,852
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRAIRIE TRAIL
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 83 UNIT 1 IN PRAIRIE TRAIL UNIT 1, A SUB OF PRT OF THE E1/2 OF THE NE1/4 PRT OF THE E1/2 OF THE SE1/4 OF SEC 33, T36N-R9

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880418

Geography

  • Parcel: 06-03-33-210-011
  • Lot: 83
  • Meridian: SEC 33 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5585
  • Longitude: -88.2023

    Address

  • Full Address: 2011 Olde Mill Rd
  • Legal Unit: 1
  • Address - House Number: 2011
  • Address - Street Name: Olde Mill
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R049
  • 4-Digit Zip Code: 8648
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $584,752
  • Tax Rate Code Area: 0606

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 316,895
  • High Value: 366,148
  • Low Value: 267,641

    Market Valuation

  • Market Total Value: $241,395
  • Market Land Value: $69,783
  • Market Improvement Value: $171,612

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,465
  • Assessed Land Value: $23,261
  • Assessed Improvements Value: $57,204

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 27, 2003
  • Current Sale Recording Date: Jul 16, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2003167874
  • Previous Sale Recording Date: Aug 20, 1996
  • Previous Sale Contract Date: Aug 12, 1996
  • Previous Sale Amount: $155,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

45

Average Home Size

1890 ft²

Average Home Age

42.2 years

Currently For Sale

276 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 2551 Oak Tree Lane, Plainfield, IL, 60586

$2,700 /mo

  • 3 Beds
  • 1 Bath
  • 1,271 ft²
2551 Oak Tree Lane #2551, Plainfield, IL, 60586 Listing by Miguel Tineo
Unit for rent at 4917 Montauk Drive, Plainfield, IL, 60586

$2,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,484 ft²
4917 Montauk Drive #4917, Plainfield, IL, 60586 Listing by Sebastian Hila

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ellen Williams, Coldwell Banker Real Estate Group
Last Updated: 2 years ago
Data Source: MRED, MLS# 12206047
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 2011 Olde Mill Road built and last sold?
The property at 2011 Olde Mill Road was built in 1996 and last sold on Jun 27, 2003 for $194,000.
How much is this home worth?
The estimated value of the home located at 2011 Olde Mill Road is $0.
What are some comparable homes to 2011 Olde Mill Road?
There are currently no comparable homes to 2011 Olde Mill Road.
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