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Grundy 60450
2380 E CEMETERY Road
$32,000
● House - Off Market

2380 E CEMETERY Road

MORRIS, IL 60450
bedrooms
3 Beds
bathrooms
2 Baths
$84,178
RealtyHop Estimate
87.48%
Since Jul 1, 2008
National-US
Primary Model

About This Property

***PRE-APPROVAL LETTER STATING LENDER WILL MAKE AN "AS-IS" LOAN OR PROOF OF FUNDS (IF CASH) & SPECIAL ADDENDUM REQUIRED W/ALL OFFERS TO PURCHASE. BUYER RESPONSIBLE FOR TERMITE, SURVEY, WELL & SEPTIC. EMPTY, CALL LO NOT LA FOR COMBO OR ADDENDUM*** 3 BEDROOM FIXER-UPPER ON .4 ACRE IN RURAL MORRIS! FEATURES 2 BATHS & GARAGE. PLEASE, BRING BUYERS W/LARGE DOWN PAYMENTS AND RESERVES TO COMPLETE REPAIRS ONLY.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$120
HOA Dues
-
Year Built
1965

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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.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,295
  • Lot Size Depth Feet: 1,840
  • Lot Size Frontage Feet: 1,010
  • Total Building Area: 720
  • Gross Building Area: 720
  • Building Area: 720
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 720
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000420
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: 101' X 184' IN SW1/4 SEC 36-34-7

Neighborhood

  • School District Name: Morris School District 54
  • Census Tract: 000103

Geography

  • District: 15
  • Parcel: 02-36-376-007
  • Meridian: SEC 36 TWN 34N RNG 07W
  • Municipality: SARATOGA TOWNSHIP
  • Latitude: 41.3757
  • Longitude: -88.3761

    Address

  • Full Address: 2380 Cemetery Rd
  • Address - House Number: 2380
  • Address - Street Name: Cemetery
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Morris
  • Carrier Code: R002
  • 4-Digit Zip Code: 7333
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $200,385
  • Tax Rate Code Area: 15004

    Appraisal Valuation

  • Standard Deviation: 0.2049
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 72
  • Final Value: 137,983
  • High Value: 166,267
  • Low Value: 109,699

    Market Valuation

  • Market Total Value: $81,870
  • Market Land Value: $20,193
  • Market Improvement Value: $61,677

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,290
  • Assessed Land Value: $6,731
  • Assessed Improvements Value: $20,559
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 Grundy

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$184

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2057 ft²

Average Home Age

35.5 years

Currently For Sale

106 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: James Conway, GRI, RE/MAX Realty of Joliet
Data Source: MRED, MLS# MRD06704852
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 2380 Cemetery Road built and last sold?
The property at 2380 Cemetery Road was built in 1965 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2380 Cemetery Road is $45,349.
What are some comparable homes to 2380 Cemetery Road?
There are currently no comparable homes to 2380 Cemetery Road.
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