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Will 60432
509 Mohawk Street
$212,000
● House - Off Market

509 Mohawk Street

Joliet, IL 60432
bedrooms
3 Beds
bathrooms
1 Bath
square feet
968 Ft²
$204,617
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Professionally remodeled from the ground up and ready to move right in!!    New Roof, siding, deck, front porch.  New Plumbing, Electrical, HVAC, Water heater/softener  New Appliances, fixtures  New Kitchen cabinets, Quartz tops, Hardwood floors  All New Doors, Trim and Crown    On a Double Lot ready for a huge Garage!    2 Pins for this listing    36   $2379.32 Taxes
Unit Size
968 Ft²
Days on Market
-
Land Size
-
Price per sqft
$207
Property Type
House
Property Taxes
$24
HOA Dues
-
Year Built
1942

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11410620)

Price History

Date / Event Date Event Price
Jul 11, 2022 Sold
Premium
Sold
May 19, 2022 Listed by Lukasik Realty Group $200,000
Listed by Lukasik Realty Group
Jul 22, 2020 No longer available -
No longer available
Jul 14, 2020 Relisted $54,900
Relisted
Jul 9, 2020 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 418
  • Garage Type: 4
  • Garage Square Area: 216
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,304
  • Total Building Area: 1,386
  • Building Area: 968
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 968
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BELMONT SUB
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 125 IN BELMONT SUB, 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: 30-07-12-119-036
  • Lot: 125
  • Meridian: SEC 12 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5346
  • Longitude: -88.0414

    Address

  • Full Address: 509 Mohawk St
  • Address - House Number: 509
  • Address - Street Name: Mohawk
  • Address - Suffix Type: St
  • State: IL
  • City Name: Joliet
  • Carrier Code: C025
  • 4-Digit Zip Code: 2130
  • Zip Code: 60432

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $324,112
  • Tax Rate Code Area: 3031

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 155,811
  • High Value: 177,932
  • Low Value: 133,691

    Market Valuation

  • Market Total Value: $105,552
  • Market Land Value: $10,440
  • Market Improvement Value: $95,112

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $35,184
  • Assessed Land Value: $3,480
  • Assessed Improvements Value: $31,704

    Sales

  • Current Sale Contract Date: Jun 21, 2022
  • Current Sale Recording Date: Jun 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 50290
  • Previous Sale Recording Date: Sep 14, 2020
  • Previous Sale Contract Date: Aug 03, 2020
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: 68
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 2515 E Cass Street, Joliet, IL, 60432

$1,800 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
2515 E Cass Street #1A, Joliet, IL, 60432 Listing by Debbie Andrews
Unit for rent at 11 Nw Circle Drive, Joliet, IL, 60433

$1,300 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
11 Nw Circle Drive, Joliet, IL, 60433 Listing by Alba Diaz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Lukasik, Lukasik Realty Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11410620
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 509 Mohawk Street built and last sold?
The property at 509 Mohawk Street was built in 1942 and last sold on Jun 21, 2022 for $212,000.
How much is this home worth?
The estimated value of the home located at 509 Mohawk Street is $0.
What are some comparable homes to 509 Mohawk Street?
There are currently no comparable homes to 509 Mohawk Street.
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