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Lyons 60534
4525 Joliet Avenue
$254,000
● House - Off Market

4525 Joliet Avenue

Lyons, IL 60534
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,165 Ft²
$1,653
Est. Monthly
7.97%
Cap Rate

About This Property

Deceptively spacious- bigger than at first glance. Large front porch- great for mud room, outdoor furnishings, bikes, and more. Bright ceramic bath. Large living room, bright large eat-in kitchen w/lots of wood cabinets and counter space. Heated front and rear porches. Two main floor bedrooms on main floor and one more plus sitting room upstairs. Basement is partially finished with half bath. Gas forced air heat and central air conditioning. New garage w/party door and new side drive, both passed by Lyons. Fenced backyard + side yard. Low RE taxes! Centrally located with e-z drive to Joliet Rd and I-55 Expressway, 1.5 miles to Riverside depot BNSF Metra train. Very nice... welcome home!
Unit Size
1,165 Ft²
Days on Market
-
Land Size
-
Price per sqft
$222
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1911

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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

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,042
  • Total Building Area: 1,165
  • Gross Building Area: 1,165
  • Building Area: 1,165
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,165
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERSIDE ACRES
  • Land Acres: 0000000139
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Lyons School District 103
  • Census Tract: 819200

Geography

  • District: 21
  • Parcel: 18-01-315-024-0000
  • Lot: 1
  • Meridian: SEC 01 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.8088
  • Longitude: -87.8203

    Address

  • Full Address: 4525 Joliet Ave
  • Address - House Number: 4525
  • Address - Street Name: Joliet
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lyons
  • Carrier Code: C005
  • 4-Digit Zip Code: 1837
  • Zip Code: 60534

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $305,444
  • Tax Rate Code Area: 21049

    Appraisal Valuation

  • Standard Deviation: 0.2323
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 248,222
  • High Value: 305,900
  • Low Value: 190,544

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $34,740
  • Market Improvement Value: $165,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $3,474
  • Assessed Improvements Value: $16,526

    Sales

  • Current Sale Contract Date: Oct 25, 2004
  • Current Sale Recording Date: Nov 10, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0431514174
  • Previous Sale Recording Date: Dec 26, 2003
  • Previous Sale Contract Date: Aug 06, 2003
  • Previous Sale Amount: $138,000
  • Previous Sale Document Type: 42

    Financing

  • First Mortgage Financing Type: ADJ
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 Lyons

Stats & Trends

Median Asking:

$317,000

Sale Price/ft²

$220

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1797 ft²

Average Home Age

77.3 years

Currently For Sale

16 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: Joseph Washick, Century 21 Hallmark Ltd.
Data Source: MRED, MLS# MRD12270403
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 4525 Joliet Avenue built and last sold?
The property at 4525 Joliet Avenue was built in 1911 and last sold on Oct 25, 2004 for $208,000.
How much is this home worth?
The estimated value of the home located at 4525 Joliet Avenue is $0.
What are some comparable homes to 4525 Joliet Avenue?
There are currently no comparable homes to 4525 Joliet Avenue.
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