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Romeoville 60446
233 Pell Avenue
$292,000
● House - Off Market

233 Pell Avenue

Romeoville, IL 60446
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,440 Ft²
$1,967
Est. Monthly
8.85%
Cap Rate

About This Property

Welcome to 233 Pell Ave!  This cozy and bright raised ranch home features 3 bedrooms and 1.5 baths on a lovely tree lined street. The open concept living room with bay window and kitchen are perfect for entertaining. The updated eat-in kitchen is light and airy, with a sliding door to the large deck.  The primary bedroom is spacious with a nice sized closet, ceiling fan, and large windows. The renovated full bathroom has two closets and plenty of storage. The lower level features two additional bedrooms, a newly updated 1/2 bath, laundry room, family room, and large storage closet underneath the stairs.  New roof installed in 2022. The 2.5 car garage and fenced in yard complete this move in ready house. Walk to Irene King Park and High School. Welcome home!
Unit Size
1,440 Ft²
Days on Market
-
Land Size
-
Price per sqft
$207
Property Type
House
Property Taxes
$506
HOA Dues
-
Year Built
1969

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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 #12118018)

Price History

Date / Event Date Event Price
Aug 30, 2024 Sold
Premium
Sold
Aug 5, 2024 In contract -
In contract
Jul 25, 2024 Listed by Coldwell Banker Real Estate Group $297,500
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 576
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,420
  • Total Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAMPTON PARK SUB 12
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 6 BLOCK 13 IN HAMPTON PARK SUB UNIT 12, A SUB OF PRT OF THE NE1/4 OF SEC 4 THE NW1/4 OF SEC 3, T36N-R10E.

Neighborhood

  • School District Name: Valley View Community Unit School District 365U
  • Census Tract: 880509

Geography

  • Parcel: 11-04-04-221-002
  • Block: 13
  • Lot: 6
  • Meridian: SEC 03 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.6356
  • Longitude: -88.0862

    Address

  • Full Address: 233 Pell Ave
  • Legal Unit: 12
  • Address - House Number: 233
  • Address - Street Name: Pell
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Romeoville
  • Carrier Code: C019
  • 4-Digit Zip Code: 1743
  • Zip Code: 60446

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $572,486
  • Tax Rate Code Area: 1117

    Appraisal Valuation

  • Standard Deviation: 0.173
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 77
  • Final Value: 255,957
  • High Value: 300,256
  • Low Value: 211,658

    Market Valuation

  • Market Total Value: $190,200
  • Market Land Value: $67,473
  • Market Improvement Value: $122,727

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,400
  • Assessed Land Value: $22,491
  • Assessed Improvements Value: $40,909

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 16, 2002
  • Current Sale Recording Date: Jan 14, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2003009438
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 Romeoville

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$196

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1680 ft²

Average Home Age

36.9 years

Currently For Sale

59 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 407 Laurel Avenue, Romeoville, IL, 60446

$2,550 /mo

  • 3 Beds
  • 1 Bath
  • 906 ft²
407 Laurel Avenue, Romeoville, IL, 60446 Listing by Hugo Galicia
Unit for rent at 40 Arlington Drive, Romeoville, IL, 60446

$2,550 /mo

  • 4 Beds
  • 1 Bath
  • 1,536 ft²
40 Arlington Drive, Romeoville, IL, 60446 Listing by Francine Caliendo

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Tracy Fussaro, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 12118018
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 233 Pell Avenue built and last sold?
The property at 233 Pell Avenue was built in 1969 and last sold on Dec 16, 2002 for $141,000.
How much is this home worth?
The estimated value of the home located at 233 Pell Avenue is $300,909.
What are some comparable homes to 233 Pell Avenue?
There are currently no comparable homes to 233 Pell Avenue.
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