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Joliet 60435 Cathedral Area
422 Buell Avenue
$200,000
● House - Off Market

422 Buell Avenue

Joliet, IL 60435
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,456 Ft²
$1,549
Est. Monthly
11.33%
Cap Rate

About This Property

Looking for more space? This all-brick half duplex offers ample room across multiple levels, perfect for accommodating the whole family.  Featuring 3 bedrooms plus a versatile bonus room in the attic, 1.5 bathrooms, a full basement, and a detached two-car garage, this home combines comfort and functionality. The kitchen comes equipped with appliances and offers space for casual dining, while the adjoining dining and living areas-complete with a cozy wood-burning fireplace-provide plenty of room for entertaining and everyday living.
Unit Size
1,456 Ft²
Days on Market
-
Land Size
-
Price per sqft
$144
Property Type
House
Property Taxes
$517
HOA Dues
-
Year Built
1925

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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
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 2
  • 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: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,169
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLS
  • Land Acres: 0000000140
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 1 IN HILLS SUB OF LOT 9, BLK 1 IN GLENWOOD, BEING A SUB OF PRT OF THE E1/2 OF THE SW1/4 SEC 9, T35N-R10E.

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 882702

Geography

  • Parcel: 30-07-09-309-014
  • Block: 1
  • Lot: 1
  • Meridian: SEC 09 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5295
  • Longitude: -88.0929

    Address

  • Full Address: 422 Buell Ave
  • Address - House Number: 422
  • Address - Street Name: Buell
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C053
  • 4-Digit Zip Code: 7022
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $549,960
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 220,551
  • High Value: 259,101
  • Low Value: 182,001

    Market Valuation

  • Market Total Value: $178,653
  • Market Land Value: $26,706
  • Market Improvement Value: $151,947

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,551
  • Assessed Land Value: $8,902
  • Assessed Improvements Value: $50,649

    Sales

  • Current Sale Contract Date: Mar 16, 2010
  • Current Sale Recording Date: Apr 08, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 20
  • Current Sale Input Document Number: R2010035869
  • Previous Sale Recording Date: Feb 02, 2010
  • Previous Sale Contract Date: Jan 04, 2009
  • 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 Cathedral Area

Stats & Trends

Median Asking:

$294,750

Sale Price/ft²

$184

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1785 ft²

Average Home Age

111.4 years

Currently For Sale

19 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: Mark Meers, Spring Realty
Data Source: MRED, MLS# MRD12367362
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 422 Buell Avenue built and last sold?
The property at 422 Buell Avenue was built in 1925 and last sold on Mar 16, 2010 for $75,000.
How much is this home worth?
The estimated value of the home located at 422 Buell Avenue is $0.
What are some comparable homes to 422 Buell Avenue?
There are currently no comparable homes to 422 Buell Avenue.
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