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Joliet 60432
418 Chase Avenue
$156,000
● House - Off Market

418 Chase Avenue

Joliet, IL 60432
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$170,280
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

2-Story Home Now available! 3 Bedroom, 1 bath with a loft! Updated kitchen, new cabinets, granite counter tops with Samsung stainless steel appliances. Newer washer and dryer conveniently located near the kitchen. Fully remodeled bathroom. 1st and 2nd bedroom offer high ceilings and are both located on the main floor. Master Bedroom and loft are located on the second level. Partial basement with a separate entry way. Spacious private yard, new porch and so much more, this a must see property! Schedule your showing appointments today!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$125
Property Type
House
Property Taxes
$188
HOA Dues
-
Year Built
1890

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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 #11154941)

Price History

Date / Event Date Event Price
Sep 1, 2021 Sold
Premium
Sold
Jul 13, 2021 Listed by RE/MAX 10 $150,000
Listed by RE/MAX 10

Property Highlights

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,379
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOAGS ADDITION TO JOLIET
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 5 BLOCK 4 IN HOAG'S ADDN TO JOLIET, BEING A SUB OF PRT OF THE W1/2 OF THE SE1/4 OF SEC 3, T35N-R10E.

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881301

Geography

  • Parcel: 30-07-03-423-007
  • Block: 4
  • Lot: 5
  • Meridian: SEC 03 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5394
  • Longitude: -88.071

    Address

  • Full Address: 418 Chase Ave
  • Address - House Number: 418
  • Address - Street Name: Chase
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C073
  • 4-Digit Zip Code: 1618
  • Zip Code: 60432

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $256,792
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.2411
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 66
  • Final Value: 167,781
  • High Value: 208,235
  • Low Value: 127,326

    Market Valuation

  • Market Total Value: $101,418
  • Market Land Value: $17,724
  • Market Improvement Value: $83,694

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,806
  • Assessed Land Value: $5,908
  • Assessed Improvements Value: $27,898

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 23, 2021
  • Current Sale Recording Date: Feb 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12694
  • Previous Sale Recording Date: May 02, 2014
  • Previous Sale Contract Date: Apr 17, 2014
  • Previous Sale Amount: $88,500
  • 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 Joliet

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

45

Average Home Size

1883 ft²

Average Home Age

42 years

Currently For Sale

283 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: Sandy Munoz, RE/MAX 10
Last Updated: 3 years ago
Data Source: MRED, MLS# 11154941
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 418 Chase Avenue built and last sold?
The property at 418 Chase Avenue was built in 1890 and last sold on Aug 23, 2021 for $156,000.
How much is this home worth?
The estimated value of the home located at 418 Chase Avenue is $0.
What are some comparable homes to 418 Chase Avenue?
There are currently no comparable homes to 418 Chase Avenue.
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