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Joliet 60436
2327 Benedict Avenue
$285,000
● House - Off Market

2327 Benedict Avenue

Joliet, IL 60436
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,329 Ft²
$1,731
Est. Monthly
8.62%
Cap Rate

About This Property

Absolutely stunning! This spacious ranch home has been completely renovated throughout-all permitted through the City of Joliet. Updates include a brand-new roof, siding, windows, gutters, and exterior doors. New asphalt driveway.  All new electrical including new outlets, switches, light fixtures, electrical panel and wiring. All new plumbing and plumbing fixtures. Newer HWH, furnace and AC unit. All new drywall, flooring, fresh paint, trim, and doors. Open concept kitchen features white cabinetry, new undermount sink, stainless steel appliances and quartz counter tops. Both baths have been completely renovated offering brand new vanities, vanity tops, fixtures, toilets, tub/shower surrounds and exquisite tiled finishes. Nothing to do but move right in!
Unit Size
1,329 Ft²
Days on Market
-
Land Size
-
Price per sqft
$207
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1954

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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.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 7
  • Bedroom Count: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,416
  • Garage Type: 4
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,425
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 550
  • Total Building Area: 2,832
  • Building Area: 1,416
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 2
  • Heated Square Feet: 1,416
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARYCREST FIRST ADDITION
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 14 BLOCK 4 IN 1ST ADDN TO MARYCREST, BEING A SUB OF PRT OF THE W1/2 OF THE NW1/4 OF SEC 18, T35N-R10E.

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 882802

Geography

  • Parcel: 30-07-18-104-019
  • Block: 4
  • Lot: 14
  • Meridian: SEC 18 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5194
  • Longitude: -88.139

    Address

  • Full Address: 2327 Benedict Ave
  • Address - House Number: 2327
  • Address - Street Name: Benedict
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C043
  • 4-Digit Zip Code: 1162
  • Zip Code: 60436

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $438,908
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1776
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 77
  • Final Value: 215,662
  • High Value: 253,972
  • Low Value: 177,352

    Market Valuation

  • Market Total Value: $160,578
  • Market Land Value: $34,566
  • Market Improvement Value: $126,012

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,526
  • Assessed Land Value: $11,522
  • Assessed Improvements Value: $42,004

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 31, 2006
  • Current Sale Recording Date: Mar 09, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2006040053
  • Previous Sale Recording Date: Aug 03, 2005
  • Previous Sale Contract Date: Jul 08, 2005
  • Previous Sale Amount: $94,000
  • 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

46

Average Home Size

1870 ft²

Average Home Age

43.2 years

Currently For Sale

285 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: Edward Lukasik, RE/MAX Professionals
Data Source: MRED, MLS# MRD12326570
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 2327 Benedict Avenue built and last sold?
The property at 2327 Benedict Avenue was built in 1954 and last sold on Jan 31, 2006 for $137,000.
How much is this home worth?
The estimated value of the home located at 2327 Benedict Avenue is $0.
What are some comparable homes to 2327 Benedict Avenue?
There are currently no comparable homes to 2327 Benedict Avenue.
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