For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Joliet 60436 Reedwood
408 S Earl Avenue
$295,000
● House - Off Market

408 S Earl Avenue

Joliet, IL 60436
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,040 Ft²
$309,624
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Welcome Home~ Spacious 4 Bed / 2 Bath two-story in South Joliet! First floor features generous foyer with slate tile, eat-in-kitchen with two sided fireplace and indoor grill, spacious living room with hardwood floors, half bath, office, and 4 seasons room. Crown molding throughout the home! On the second floor you will find very spacious bedrooms with lots of closet space and a recently updated full bath. The finished basement has a full bath, recently update waterproof VP flooring, rec room, laundry and TONS of storage.  Roomy two car garage has a 220V and a generator receptacle with transfer switch. New roof in 2019. Please ask your agent for a full list of updates and improvements located in additional documents.
Unit Size
2,040 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$145
Property Type
House
Property Taxes
$479
HOA Dues
-
Year Built
1961

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 3 years ago (MRED MLS #11635428)

Price History

Date / Event Date Event Price
Oct 28, 2022 Sold
Premium
Sold
Sep 22, 2022 Listed by Jason Mitchell Real Estate IL $295,900
Listed by Jason Mitchell Real Estate IL

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 576
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,214
  • Total Building Area: 2,616
  • Building Area: 2,040
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REEDWOOD
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 101 THE S 25 FT OF LOT 102 IN REED WOOD, BEING A SUB OF PRT OF THE E1/2 OF THE SW1/4 OF SEC 17, T35N-R10E.

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 882601

Geography

  • Parcel: 30-07-17-314-003
  • Lot: 101
  • Meridian: SEC 17 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5151
  • Longitude: -88.1133

    Address

  • Full Address: 408 Earl Ave
  • Address - House Number: 408
  • Address - Street Name: Earl
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C050
  • 4-Digit Zip Code: 1904
  • Zip Code: 60436

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $644,528
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1589
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 276,319
  • High Value: 320,232
  • Low Value: 232,405

    Market Valuation

  • Market Total Value: $227,373
  • Market Land Value: $39,315
  • Market Improvement Value: $188,058

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $75,791
  • Assessed Land Value: $13,105
  • Assessed Improvements Value: $62,686

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 23, 2022
  • Current Sale Recording Date: Nov 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 80041
  • Previous Sale Recording Date: Jan 29, 2015
  • Previous Sale Contract Date: Dec 12, 2014
  • Previous Sale Amount: $184,900
  • 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 Reedwood

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$197

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1896 ft²

Average Home Age

81.4 years

Currently For Sale

5 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jennifer Wadhwa, Jason Mitchell Real Estate IL
Last Updated: 3 years ago
Data Source: MRED, MLS# 11635428
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 408 Earl Avenue built and last sold?
The property at 408 Earl Avenue was built in 1961 and last sold on Oct 23, 2022 for $295,000.
How much is this home worth?
The estimated value of the home located at 408 Earl Avenue is $296,480.
What are some comparable homes to 408 Earl Avenue?
There are currently no comparable homes to 408 Earl Avenue.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Joliet Homes for Sale
Joliet Houses for Sale
Joliet Condos for Sale
Joliet Townhouses for Sale
Joliet Multifamily for Sale
Joliet Land for Sale
Joliet Commercial for Sale
Joliet Homes with Basements
Nearby Cities
Naperville Homes for Sale
Orland Park Homes for Sale
Plainfield Homes for Sale
Bolingbrook Homes for Sale
Tinley Park Homes for Sale
Oak Lawn Homes for Sale
Oswego Homes for Sale
Yorkville Homes for Sale
Nearby Property Records
Will County, IL Property Records
Kendall County, IL Property Records
Grundy County, IL Property Records
DuPage County, IL Property Records
Cook County, IL Property Records
Kankakee County, IL Property Records
Kane County, IL Property Records
DeKalb County, IL Property Records
Neighborhoods
Gresham Real Estate
West Pullman Real Estate
South Chicago Real Estate
Roseland Real Estate
Far Southeast Real Estate
Beverly Real Estate
Chatham Real Estate
Far East Real Estate
Nearby Counties
Downers Grove Homes for Sale
Thornton Homes for Sale
Worth Homes for Sale
Wheatland Homes for Sale
Bremen Homes for Sale
Orland Homes for Sale
Plainfield Homes for Sale
Rich Homes for Sale
Top Real Estate Agents
Top Agents in Reedwood
Top Agents in Joliet
Top Agents in Naperville
Top Agents in Downers Grove
Top Agents in Thornton
Top Agents in Worth
Top Agents in Wheatland
Top Agents in Bremen