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Ingalls Park 60433
308 PEALE
$132,000
● House - Off Market

308 PEALE

JOLIET, IL 60433
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
$235,224
RealtyHop Estimate
70.58%
Since Apr 1, 2007
National-US
Primary Model

About This Property

Recently updated!  New carpet thru out, additional bath in Basmt; new roof 2004, freshly painted thru out, 11'x19' enclosed rear porch, whole house fan, walk up to attic storage, walk out basmt, long driveway for extra parking, quick possession if needed, large family size home. posssible 4 th. bedroom.  Attach as is rider
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$207
HOA Dues
-
Year Built
1923

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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
Garage

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,040
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 10
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELM HIGHLANDS
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 57 IN ELM HIGHLANDS, A SUB OF THE W 1267 FT OF LOT 29, IN RICHARD J. BARR'S, SUB OF PRT OF THE S 1/2 OF SEC. 12, PRT OF

Neighborhood

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

Geography

  • Parcel: 30-07-13-126-005
  • Lot: 57
  • Meridian: SEC 13 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5187
  • Longitude: -88.0402

    Address

  • Full Address: 308 Peale St
  • Address - House Number: 308
  • Address - Street Name: Peale
  • Address - Suffix Type: St
  • State: IL
  • City Name: Joliet
  • Carrier Code: C061
  • 4-Digit Zip Code: 2140
  • Zip Code: 60433

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $417,778
  • Tax Rate Code Area: 3017

    Appraisal Valuation

  • Standard Deviation: 0.1773
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 210,146
  • High Value: 247,408
  • Low Value: 172,884

    Market Valuation

  • Market Total Value: $151,833
  • Market Land Value: $15,951
  • Market Improvement Value: $135,882

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,611
  • Assessed Land Value: $5,317
  • Assessed Improvements Value: $45,294

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 12, 2007
  • Current Sale Recording Date: Mar 20, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2007042536
  • Previous Sale Recording Date: Mar 30, 1998
  • Previous Sale Contract Date: Mar 23, 1998
  • Previous Sale Amount: $70,000
  • 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:

$215,000

Sale Price/ft²

$195

Below Asking

0.02%

Average Days on Market

50

Average Home Size

914 ft²

Average Home Age

95.3 years

Currently For Sale

4 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: Donna Jarvis, RE/MAX All Properties
Data Source: MRED, MLS# MRD06214272
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 308 Peale Street built and last sold?
The property at 308 Peale Street was built in 1923 and last sold on Mar 12, 2007 for $132,000.
How much is this home worth?
The estimated value of the home located at 308 Peale Street is $0.
What are some comparable homes to 308 Peale Street?
There are currently no comparable homes to 308 Peale Street.
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