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Morris 60450
311 George Street
$105,000
● House - Off Market

311 George Street

MORRIS, IL 60450
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,508 Ft²
$216,948
RealtyHop Estimate
88.65%
Since May 1, 2014
National-US
Primary Model

About This Property

CUTE 3 BED 2 BATH RANCH, CLOSE TO DOWNTOWN MORRIS!  EAT-IN KITCHEN PLUS FAMILY RM/DEN AND MAIN FLOOR LAUNDRY.  NICE CORNER LOT AND CONVENIENTLY LOCATED TO SHOPPING, RESTAURANTS AND EASY ACCESS TO INTERSTATE 80.  DON'T WAIT!!!
Unit Size
1,508 Ft²
Days on Market
-
Land Size
-
Price per sqft
$76
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
1959

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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: 2 years ago (MRED MLS #08456488)

Price History

Date / Event Date Event Price
Apr 1, 2014 Sold
Premium
Sold
Sep 30, 2013 Listed by Coldwell Banker Real Estate Group $115,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 6
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 600
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,707
  • Gross Building Area: 1,707
  • Building Area: 1,707
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,707
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOLS SUBDIVISION
  • Land Acres: 0000000170
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: BOLS SUB NO 2 N1/2 LTS 4 & 5 SEC 33-34-7

Neighborhood

  • School District Name: Saratoga Community Consolidated School District 60C
  • Census Tract: 000200

Geography

  • District: 15
  • Parcel: 02-33-454-010
  • Lot: 4-5
  • Meridian: SEC 33 TWN 34N RNG 07W
  • Municipality: SARATOGA TOWNSHIP
  • Latitude: 41.3751
  • Longitude: -88.428

    Address

  • Full Address: 311 George St
  • Address - House Number: 311
  • Address - Street Name: George
  • Address - Suffix Type: St
  • State: IL
  • City Name: Morris
  • Carrier Code: C007
  • 4-Digit Zip Code: 1107
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $384,826
  • Tax Rate Code Area: 15003

    Appraisal Valuation

  • Standard Deviation: 0.2161
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 70
  • Final Value: 209,583
  • High Value: 254,880
  • Low Value: 164,287

    Market Valuation

  • Market Total Value: $144,996
  • Market Land Value: $28,707
  • Market Improvement Value: $116,289

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,332
  • Assessed Land Value: $9,569
  • Assessed Improvements Value: $38,763

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 01, 2014
  • Current Sale Recording Date: Apr 01, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 545791
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 Morris

Stats & Trends

Median Asking:

$307,000

Sale Price/ft²

$174

Below Asking

0.02%

Average Days on Market

43

Average Home Size

1933 ft²

Average Home Age

59 years

Currently For Sale

18 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: Suzanne Jeziorski, Coldwell Banker Real Estate Group
Last Updated: 2 years ago
Data Source: MRED, MLS# 08456488
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 311 George Street built and last sold?
The property at 311 George Street was built in 1959 and last sold on Apr 1, 2014 for $105,000.
How much is this home worth?
The estimated value of the home located at 311 George Street is $0.
What are some comparable homes to 311 George Street?
There are currently no comparable homes to 311 George Street.
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