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Ingalls Park 60433
213 Schorie Avenue
$110,000
● House - Off Market

213 Schorie Avenue

Joliet, IL 60433
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,032 Ft²
$734
Est. Monthly
17.58%
Cap Rate

About This Property

Location Location Location! Close to shopping schools hospitals! With some updating this 2 bedroom, den with a closet, and 1 full bath home is ready to be your new home!! Sunny Living room opens to nice size kitchen with all appliances, oak cabinetry and lots of space for dining! 1st floor laundry with washer and gas dryer! Fenced in backyard plus attached workshop/shed off of back patio! Some hardwood under carpet! Window air units included! Pull down stair for attic access. Roof and siding approx. 8 years old, Furnace 1 Year old! Community Well!
Unit Size
1,032 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$106
Property Type
House
Property Taxes
$196
HOA Dues
-
Year Built
1950

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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 #11950257)

Price History

Date / Event Date Event Price
Jan 22, 2024 Sold
Premium
Sold
Dec 21, 2023 Listed by RE/MAX All Pro - Sugar Grove $109,500
Listed by RE/MAX All Pro - Sugar Grove

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,032
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,373
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,064
  • Building Area: 1,032
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,032
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EASTMORELAND
  • Land Acres: 0000000100
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 469 IN EASTMORELAND, A SUB OF LOT 30 AND PRT OF LOTS 28 29, OF R J BARR'S SUB OF PRT OF THE S1/2 OF SEC 12 PRT OF THE N

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 882300

Geography

  • Parcel: 30-07-13-122-020
  • Lot: 469
  • Meridian: SEC 13 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5201
  • Longitude: -88.0351

    Address

  • Full Address: 213 Schorie Ave
  • Address - House Number: 213
  • Address - Street Name: Schorie
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C056
  • 4-Digit Zip Code: 1409
  • Zip Code: 60433

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $235,476
  • Tax Rate Code Area: 3012

    Appraisal Valuation

  • Standard Deviation: 0.1429
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 83
  • Final Value: 174,075
  • High Value: 198,966
  • Low Value: 149,184

    Market Valuation

  • Market Total Value: $109,686
  • Market Land Value: $14,178
  • Market Improvement Value: $95,508

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,562
  • Assessed Land Value: $4,726
  • Assessed Improvements Value: $31,836

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 12, 2024
  • Current Sale Recording Date: Jan 23, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 3714
  • Previous Sale Recording Date: Aug 25, 1995
  • Previous Sale Contract Date: Aug 24, 1995
  • Previous Sale Amount: $59,000
  • 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 Ingalls Park

Stats & Trends

Median Asking:

$216,500

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

51

Average Home Size

822 ft²

Average Home Age

92.3 years

Currently For Sale

3 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: Tracy Behrens, RE/MAX All Pro - Sugar Grove
Last Updated: 3 years ago
Data Source: MRED, MLS# 11950257
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 213 Schorie Avenue built and last sold?
The property at 213 Schorie Avenue was built in 1950 and last sold on Jan 12, 2024 for $110,000.
How much is this home worth?
The estimated value of the home located at 213 Schorie Avenue is $0.
What are some comparable homes to 213 Schorie Avenue?
There are currently no comparable homes to 213 Schorie Avenue.
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