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Joliet 60431 Grand Prairie
3620 Hennepin Drive
$272,900
● House - Off Market

3620 Hennepin Drive

Joliet, IL 60431
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,472 Ft²
$307,136
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

3 bedroom 21/2 bath 2 story in Joliet's west side. Full eat-in kitchen has oak cabinetry, pantry, & newer appliances. Relax in the living room by the gas fireplace or in the comfy screened patio room. Take a dip in the 15'x26' oval pool with custom deck. Master bedroom has a full bath & sitting area. Large 2nd & 3rd bedrooms share a full bath. Enjoy the finished basement with family room, pool table, & laundry/utility room. Fenced landscaped yard and 2 car garage. Roof 2006, windows 2015. Carpeting 2020. Upgraded siding 2006. Fresh paint and trim 2020. Close to restaurants, shopping and highways.
Unit Size
1,472 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$185
Property Type
House
Property Taxes
$376
HOA Dues
-
Year Built
1993

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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: 3 years ago (MRED MLS #11213272)

Price History

Date / Event Date Event Price
Oct 22, 2021 Sold
Premium
Sold
Sep 9, 2021 Listed by Coldwell Banker Real Estate Group $272,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,041
  • Total Building Area: 1,472
  • Building Area: 1,472
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,472
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THIRD ADDITION TO GRAND PRAIRIE
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 10 IN THE THIRD ADDN TO GRAND PRAIRIE P U D, A SUB OF PRT OF THE NW1/4 OF SEC 26, T36N-R9E.

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880427

Geography

  • Parcel: 06-03-26-105-014
  • Lot: 10
  • Meridian: SEC 26 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5731
  • Longitude: -88.1739

    Address

  • Full Address: 3620 Hennepin Dr
  • Address - House Number: 3620
  • Address - Street Name: Hennepin
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Joliet
  • Carrier Code: C055
  • 4-Digit Zip Code: 9204
  • Zip Code: 60431

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $527,670
  • Tax Rate Code Area: 0606

    Appraisal Valuation

  • Standard Deviation: 0.1557
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 289,476
  • High Value: 334,551
  • Low Value: 244,401

    Market Valuation

  • Market Total Value: $219,588
  • Market Land Value: $50,568
  • Market Improvement Value: $169,020

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $73,196
  • Assessed Land Value: $16,856
  • Assessed Improvements Value: $56,340

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 22, 2021
  • Current Sale Recording Date: Oct 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021116682
  • Previous Sale Recording Date: Nov 17, 1993
  • Previous Sale Contract Date: Oct 14, 1993
  • Previous Sale Amount: $118,000
  • Previous Sale Document Type: 41

    Financing

  • First Mortgage Financing Type: UNK
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 Grand Prairie

Stats & Trends

Median Asking:

$286,950

Sale Price/ft²

$205

Above Asking

0.00%

Average Days on Market

49

Average Home Size

1218 ft²

Average Home Age

27 years

Currently For Sale

1 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 2551 Oak Tree Lane, Plainfield, IL, 60586

$2,700 /mo

  • 3 Beds
  • 1 Bath
  • 1,271 ft²
2551 Oak Tree Lane #2551, Plainfield, IL, 60586 Listing by Miguel Tineo
Unit for rent at 4037 Oak Tree Lane, Plainfield, IL, 60586

$2,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,470 ft²
4037 Oak Tree Lane, Plainfield, IL, 60586 Listing by Abha Dey

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Gerald Shepich, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11213272
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 3620 Hennepin Drive built and last sold?
The property at 3620 Hennepin Drive was built in 1993 and last sold on Oct 22, 2021 for $272,900.
How much is this home worth?
The estimated value of the home located at 3620 Hennepin Drive is $0.
What are some comparable homes to 3620 Hennepin Drive?
There are currently no comparable homes to 3620 Hennepin Drive.
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