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Morris 60450
329 Robinson Drive
$183,000
● House - Off Market

329 Robinson Drive

Morris, IL 60450
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$1,230
Est. Monthly

About This Property

Come and add your own updates and make this your own home in a great location! 3 bed, 1 bath ranch home. Rehab in 2015. Newer solid oak kitchen cabinets. Washer-Brand new! Water heater-New (2025) Dryer new as of 2018. Central air-2017. Heated Garage extra-deep for additional storage with newer garage door/opener in 2016. Roof estimated to be done in 2015. Fenced in backyard for pets or children. Not far from historic downtown Morris and only a few mintues away from RT 80 for commuting. Recreational park just a few mintues away. Home is on flood map but has very low-cost flood insurance quote information included in MLS Dropdown-$53/mo. Motivated seller! Seller offering credit for carpet.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$190
Property Type
House
Property Taxes
$297
HOA Dues
-
Year Built
1960

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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

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 6,970
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 864
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOUSING AUTHORITY SUBDIVISION
  • Land Acres: 0000000160
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: HOUSING AUTHORITY SUB LT 27 BLK 2 SEC 3-33-7

Neighborhood

  • School District Name: Morris School District 54
  • Census Tract: 000300

Geography

  • District: 12
  • Parcel: 05-03-105-027
  • Block: 2
  • Lot: 27
  • Meridian: SEC 03 TWN 33N RNG 07W
  • Municipality: MORRIS TOWNSHIP
  • Latitude: 41.3702
  • Longitude: -88.4179

    Address

  • Full Address: 329 Robinson Dr
  • Address - House Number: 329
  • Address - Street Name: Robinson
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Morris
  • Carrier Code: C003
  • 4-Digit Zip Code: 1439
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $344,827
  • Tax Rate Code Area: 12001

    Appraisal Valuation

  • Standard Deviation: 0.2049
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 72
  • Final Value: 168,798
  • High Value: 203,398
  • Low Value: 134,197

    Market Valuation

  • Market Total Value: $132,180
  • Market Land Value: $30,315
  • Market Improvement Value: $101,865

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,060
  • Assessed Land Value: $10,105
  • Assessed Improvements Value: $33,955

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 23, 2018
  • Current Sale Recording Date: May 24, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 577565
  • Previous Sale Recording Date: Dec 02, 2015
  • Previous Sale Contract Date: Dec 01, 2015
  • Previous Sale Amount: $82,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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:

$305,000

Sale Price/ft²

$173

Below Asking

0.02%

Average Days on Market

44

Average Home Size

1910 ft²

Average Home Age

60.8 years

Currently For Sale

21 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 714 E Jackson Street, Morris, IL, 60450

$1,700 /mo

  • 2 Beds
  • 1 Bath
  • 868 ft²
714 E Jackson Street #1, Morris, IL, 60450 Listing by John Krozel

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michelle Mitchell, RE/MAX Top Properties
Data Source: MRED, MLS# MRD12557272
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 329 Robinson Drive built and last sold?
The property at 329 Robinson Drive was built in 1960 and last sold on May 23, 2018 for $117,000.
How much is this home worth?
The estimated value of the home located at 329 Robinson Drive is $182,964.
What are some comparable homes to 329 Robinson Drive?
There are currently no comparable homes to 329 Robinson Drive.
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