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Joliet 60436 Reedwood
207 Dwight Avenue
$174,500
● House - Off Market

207 Dwight Avenue

Joliet, IL 60436
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,136 Ft²
$175,663
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Located in the popular Reedswood area, this cute 3 bedroom, 2 bath ranch home with fenced front deck is perfect for the young professional or couple, young family or empty nesters. Hardwood floors in the living rooms and bedrooms. Kitchen with dining area. Super rec room area in basement(poured concrete walls) with full bath and laundry room.   Back yard is completely fenced with patio, yard shed and mature maple and elm trees offering afternoon shade. Home being sold in 'AS-IS' condition.     Ready . . . Set . . . Go to make you appointment TODAY!
Unit Size
1,136 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$149
Property Type
House
Property Taxes
$310
HOA Dues
-
Year Built
1953

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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 #11469942)

Price History

Date / Event Date Event Price
Sep 17, 2022 Sold
Premium
Sold
Jul 20, 2022 Listed by Karges Realty $168,900
Listed by Karges Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,499
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,444
  • Building Area: 1,136
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,136
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HYDE PARK
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 173 THE N 15 FT OF LOT 174 IN HYDE PARK, IN THE E1/2 OF THE NW1/4 OF SEC 17, T35N-R10E.

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 882601

Geography

  • Parcel: 30-07-17-107-037
  • Lot: 173
  • Meridian: SEC 17 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.519
  • Longitude: -88.1117

    Address

  • Full Address: 207 Dwight Ave
  • Address - House Number: 207
  • Address - Street Name: Dwight
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C050
  • 4-Digit Zip Code: 1428
  • Zip Code: 60436

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $399,150
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 199,885
  • High Value: 235,033
  • Low Value: 164,737

    Market Valuation

  • Market Total Value: $162,663
  • Market Land Value: $36,039
  • Market Improvement Value: $126,624

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,221
  • Assessed Land Value: $12,013
  • Assessed Improvements Value: $42,208

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 19, 2022
  • Current Sale Recording Date: Aug 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 64659
  • Previous Sale Recording Date: Mar 03, 1999
  • Previous Sale Contract Date: Feb 26, 1999
  • Previous Sale Amount: $91,000
  • Previous Sale Document Type: 71
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 Reedwood

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$197

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1228 ft²

Average Home Age

70 years

Currently For Sale

4 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

Rentals Near You

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MRED

Listed by: John Knudson, Karges Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11469942
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 207 Dwight Avenue built and last sold?
The property at 207 Dwight Avenue was built in 1953 and last sold on Aug 19, 2022 for $174,500.
How much is this home worth?
The estimated value of the home located at 207 Dwight Avenue is $172,271.
What are some comparable homes to 207 Dwight Avenue?
There are currently no comparable homes to 207 Dwight Avenue.
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