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Joliet 60435
2226 Douglas Street
$265,000
● House - Off Market

2226 Douglas Street

Joliet, IL 60435
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,960 Ft²
$270,452
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

So much potential on this very well maintained home that sits on 3 lots!!!The east side of the lot has a double gate perfect access for a boat or a camper with a concrete pad in the corner of the yard. The entire yard is fenced. The huge deck comes with a covered pergola. There is electrical for a hot tub on the deck with reinforced boards under the patio. Potential to add a large 4rd bedroom. The basement has a roughed in bath, large family room, and brick bar. Plenty of storage throughout the home.
Unit Size
1,960 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$138
Property Type
House
Property Taxes
$492
HOA Dues
-
Year Built
1956

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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.

Last updated: 3 years ago (MRED MLS #11771927)

Price History

Date / Event Date Event Price
Jun 27, 2023 Sold
Premium
Sold
May 1, 2023 Listed by Realtopia Real Estate Inc $269,999
Listed by Realtopia Real Estate Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • 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: 336
  • Garage Type: 4
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,174
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 1,708
  • Building Area: 1,372
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,372
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLACK ROAD ACRES
  • Land Acres: 0000000420
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 189, 190, 191 IN BLACK ROAD ACRES WEST SUB, BEING A SUB OF PRT OF THE W1/2 OF THE NW1/4 IN SEC 7, T35N-R10E.

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881601

Geography

  • Parcel: 30-07-07-111-004
  • Lot: 189,190
  • Meridian: SEC 07 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.533
  • Longitude: -88.1372

    Address

  • Full Address: 2226 Douglas St
  • Address - House Number: 2226
  • Address - Street Name: Douglas
  • Address - Suffix Type: St
  • State: IL
  • City Name: Joliet
  • Carrier Code: C067
  • 4-Digit Zip Code: 5408
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $625,724
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1643
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 272,687
  • High Value: 317,495
  • Low Value: 227,878

    Market Valuation

  • Market Total Value: $221,265
  • Market Land Value: $74,082
  • Market Improvement Value: $147,183

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $73,755
  • Assessed Land Value: $24,694
  • Assessed Improvements Value: $49,061

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 05, 2023
  • Current Sale Recording Date: Jul 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33987
  • Previous Sale Recording Date: May 25, 2022
  • Previous Sale Contract Date: Apr 18, 2022
  • Previous Sale Amount: $250,000
  • 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 Joliet

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1865 ft²

Average Home Age

41.6 years

Currently For Sale

257 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 1712 Arden Place, Joliet, IL, 60435

$2,795 /mo

  • 4 Beds
  • 2 Baths
  • 2,240 ft²
1712 Arden Place, Joliet, IL, 60435 Listing by Joseph Diaz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Cecilia Conti, Realtopia Real Estate Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11771927
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 2226 Douglas Street built and last sold?
The property at 2226 Douglas Street was built in 1956 and last sold on Jun 5, 2023 for $265,000.
How much is this home worth?
The estimated value of the home located at 2226 Douglas Street is $278,156.
What are some comparable homes to 2226 Douglas Street?
There are currently no comparable homes to 2226 Douglas Street.
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