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Will 60432
419 ALGONQUIN Street
$24,000
● House - Off Market

419 ALGONQUIN Street

JOLIET, IL 60432
bedrooms
1 Bed
bathrooms
1 Bath
$59,518
RealtyHop Estimate
99.06%
Since Nov 1, 2008
National-US
Primary Model

About This Property

Corporate owned / sold as-is  / addendum required upon accepted offer / no survey or disclosure provided / buyer responsible for any required inspections / pre-approval or verification of funds required  / EM certified funds only / Allow ample time for response to offers /  Great investment property.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$117
HOA Dues
-
Year Built
1918

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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

Parking Available

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Total Rooms: 3
  • Bedroom Count: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,430
  • Lot Size Depth Feet: 980
  • Lot Size Frontage Feet: 350
  • Total Building Area: 600
  • Building Area: 600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 24
  • Heated Square Feet: 600
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIR ACRES
  • Land Acres: 0000000080
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 98 IN FAIR ACRES, BEING A SUB OF PRT OF THE W1/2 OF THE NW1/4 OF SEC. 12, T35N-R10E.

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 882200

Geography

  • Parcel: 30-07-12-127-017
  • Lot: 98
  • Meridian: SEC 12 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5334
  • Longitude: -88.0424

    Address

  • Full Address: 419 Algonquin St
  • Address - House Number: 419
  • Address - Street Name: Algonquin
  • Address - Suffix Type: St
  • State: IL
  • City Name: Joliet
  • Carrier Code: C026
  • 4-Digit Zip Code: 2758
  • Zip Code: 60432

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $194,814
  • Tax Rate Code Area: 3031

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 114,965
  • High Value: 131,287
  • Low Value: 98,644

    Market Valuation

  • Market Total Value: $63,444
  • Market Land Value: $11,814
  • Market Improvement Value: $51,630

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,148
  • Assessed Land Value: $3,938
  • Assessed Improvements Value: $17,210

    Sales

  • Current Sale Contract Date: Oct 20, 2008
  • Current Sale Recording Date: Nov 13, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: R2008136843
  • Previous Sale Recording Date: Oct 20, 2008
  • Previous Sale Contract Date: Mar 26, 2008
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: 64
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 Will

Stats & Trends

Median Asking:

$389,900

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2353 ft²

Average Home Age

32.6 years

Currently For Sale

1533 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 827 Porter Street, Joliet, IL, 60432

$2,250 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
827 Porter Street, Joliet, IL, 60432 Listing by Jacquelyn Jenke

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Art Weller, Three Rivers Realty, Inc
Data Source: MRED, MLS# MRD06939399
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 419 Algonquin Street built and last sold?
The property at 419 Algonquin Street was built in 1918 and last sold on Oct 20, 2008 for $24,000.
How much is this home worth?
The estimated value of the home located at 419 Algonquin Street is $30,199.
What are some comparable homes to 419 Algonquin Street?
There are currently no comparable homes to 419 Algonquin Street.
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