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Morris 60450
315 George Street
$241,000
● House - Off Market

315 George Street

Morris, IL 60450
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,456 Ft²
$1,607
Est. Monthly
9.84%
Cap Rate

About This Property

Comfortable 3 bedroom, 2 1/2 bath ranch style home.  Situated on a big and beautiful lot.  This home features hardwood floors in living room, hall and bedrooms. New roof this year.  Central air and hot water heat - and the boiler is only approx. 6 years old! Partially finished basement, perfect for all your crafting, sewing, woodworking, parties and other hobbies. You will love spending time outside in the backyard pergola or in the cozy sun room/enclosed porch.  Plenty of extra storage in the several outbuildings/sheds.  Appliances stay with the house, including a newer washer and dryer.  Built in oven and countertop range. A house you'll love to call HOME!
Unit Size
1,456 Ft²
Days on Market
-
Land Size
-
Price per sqft
$171
Property Type
House
Property Taxes
$384
HOA Dues
-
Year Built
-

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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: 2 years ago (MRED MLS #12206875)

Price History

Date / Event Date Event Price
Dec 17, 2024 Sold
Premium
Sold
Nov 10, 2024 In contract -
In contract
Nov 6, 2024 Listed by Century 21 Coleman-Hornsby $249,000
Listed by Century 21 Coleman-Hornsby

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOLS SECOND SUBDIVISION
  • Land Acres: 0000000360
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: BOLS 2ND SUB MORRIS LTS 6 & 7 SEC 33-34-7

Neighborhood

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

Geography

  • District: 15
  • Parcel: 02-33-454-009
  • Lot: 6-7
  • Meridian: SEC 33 TWN 34N RNG 07W
  • Municipality: SARATOGA TOWNSHIP
  • Latitude: 41.3751
  • Longitude: -88.4283

    Address

  • Full Address: 315 George St
  • Address - House Number: 315
  • 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: $507,865
  • Tax Rate Code Area: 15003

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 75
  • Final Value: 233,804
  • High Value: 277,649
  • Low Value: 189,959

    Market Valuation

  • Market Total Value: $191,355
  • Market Land Value: $59,991
  • Market Improvement Value: $131,364

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,785
  • Assessed Land Value: $19,997
  • Assessed Improvements Value: $43,788

    Exemptions

  • Homeowner Exemption: Yes
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: Theresa Lamb, Century 21 Coleman-Hornsby
Last Updated: 2 years ago
Data Source: MRED, MLS# 12206875
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 315 George Street built and last sold?
The property at 315 George Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 315 George Street is $0.
What are some comparable homes to 315 George Street?
There are currently no comparable homes to 315 George Street.
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