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Joliet 60432
Undisclosed Address
$120,000
● House - Off Market

Undisclosed Address

Joliet, IL 60432
bedrooms
2 Beds
bathrooms
1 Bath
square feet
728 Ft²
$882
Est. Monthly
17.46%
Cap Rate
Unit Size
728 Ft²
Days on Market
-
Land Size
-
Price per sqft
$178
Property Type
House
Property Taxes
$243
HOA Dues
-
Year Built
1894

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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

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1894
  • Effective Year Built: 1894
  • Bedroom Count: 0
  • 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: 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: 7,121
  • Lot Size Frontage Feet: 500
  • Total Building Area: 728
  • Building Area: 728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 728
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DURHAM ENGLISH ADD
  • Land Acres: 0000000160
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 4 BLOCK 2 1/2 IN DURHAM ENGLISH ADDN TO JOLIET, A SUB OF PRT OF THE W1/2 OF THE NE1/4 OF SEC 10, T35N-R10E.

Neighborhood

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

Geography

  • Parcel: 30-07-10-202-003
  • Block: 2
  • Lot: 4
  • Meridian: SEC 10 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5382
  • Longitude: -88.0699

    Address

  • Full Address: 504 Ward Ave
  • Address - House Number: 504
  • Address - Street Name: Ward
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C031
  • 4-Digit Zip Code: 1610
  • Zip Code: 60432

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $258,842
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.4677
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 6
  • Final Value: 196,951
  • High Value: 289,070
  • Low Value: 104,831

    Market Valuation

  • Market Total Value: $84,084
  • Market Land Value: $14,373
  • Market Improvement Value: $69,711

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,028
  • Assessed Land Value: $4,791
  • Assessed Improvements Value: $23,237

    Sales

  • Current Sale Contract Date: Mar 22, 2002
  • Current Sale Recording Date: Apr 17, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2002066375
  • Previous Sale Recording Date: Apr 17, 2002
  • Previous Sale Contract Date: Mar 22, 2002
  • Previous Sale Amount: $20,000
  • 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:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1849 ft²

Average Home Age

42.3 years

Currently For Sale

265 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 307 Stone Street, Joliet, IL, 60435

$2,150 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
307 Stone Street #1A, Joliet, IL, 60435 Listing by Jeff Jakob
Unit for rent at 400 Summit Street, Joliet, IL, 60435

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,290 ft²
400 Summit Street, Joliet, IL, 60435 Listing by Stacie McGlone

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Joe Contreras, Karges Realty
Data Source: MRED, MLS# MRD12393979
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 504 Ward Avenue built and last sold?
The property at 504 Ward Avenue was built in 1894 and last sold on Mar 22, 2002 for $55,000.
How much is this home worth?
The estimated value of the home located at 504 Ward Avenue is $0.
What are some comparable homes to 504 Ward Avenue?
There are currently no comparable homes to 504 Ward Avenue.
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