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Joliet 60586 Riverbrook Estates
5217 Oakbrook Drive
$358,000
● House - Off Market

5217 Oakbrook Drive

Plainfield, IL 60586
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,442 Ft²
$2,333
Est. Monthly
$25
HOA / Fees
6.47%
Cap Rate

About This Property

This home is absolutely perfect in a fantastic location! 3 large bedrooms, 2.1 baths, new paint, new carpet, 6 yr new roof, incredible back yard, patio, multi split level with sub basement, rare 3 car garage, principal bedroom with en suite full bath. Minutes to shopping, dining, I55, I80, and historic downtown Plainfield! Don't delay and get in on this beautiful home before it's gone!
Unit Size
1,442 Ft²
Days on Market
-
Land Size
-
Price per sqft
$243
Property Type
House
Property Taxes
$589
HOA Dues
$25
Year Built
1995

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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 #12081722)

Price History

Date / Event Date Event Price
Oct 9, 2024 Sold
Premium
Sold
Sep 26, 2024 In contract -
In contract
Sep 4, 2024 Price Decreased $349,900
↓ $10K (2.8%)
Price Decreased
Aug 30, 2024 Listed by Mode 1 Real Estate LLC $359,900
Listed by Mode 1 Real Estate LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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 Cover: 0
  • Basement Type: 8
  • Basement Area: 320
  • Garage Type: 1
  • Garage Square Area: 630
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,627
  • Total Building Area: 2,392
  • Building Area: 1,442
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,442
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERBROOK ESTATES SECTION IIC
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 79 IN RIVERBROOK ESTATES SECTION IIC, BEING A SUB OF PRT OF THE E1/2 OF THE NW1/4 OF SEC. 4, T35N-R9E.

Neighborhood

  • School District Name: Troy Community Consolidated School District 30C
  • Census Tract: 883217

Geography

  • Parcel: 05-06-04-104-017
  • Lot: 79
  • Meridian: SEC 04 TWN 35N RNG 09E
  • Municipality: TROY
  • Latitude: 41.5483
  • Longitude: -88.2116

    Address

  • Full Address: 5217 Oakbrook Dr
  • Address - House Number: 5217
  • Address - Street Name: Oakbrook
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R016
  • 4-Digit Zip Code: 7588
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $610,290
  • Tax Rate Code Area: 0520

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 297,057
  • High Value: 339,230
  • Low Value: 254,885

    Market Valuation

  • Market Total Value: $215,262
  • Market Land Value: $38,895
  • Market Improvement Value: $176,367

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $71,754
  • Assessed Land Value: $12,965
  • Assessed Improvements Value: $58,789

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 17, 1995
  • Current Sale Recording Date: Feb 22, 1995
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: R95-011535

    Financing

  • First Mortgage Financing Type: VAR
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 Riverbrook Estates

Stats & Trends

Median Asking:

$377,450

Sale Price/ft²

$183

Below Asking

0.01%

Average Days on Market

29

Average Home Size

2164 ft²

Average Home Age

26.2 years

Currently For Sale

9 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 2551 Oak Tree Lane, Plainfield, IL, 60586

$2,700 /mo

  • 3 Beds
  • 1 Bath
  • 1,271 ft²
2551 Oak Tree Lane #2551, Plainfield, IL, 60586 Listing by Miguel Tineo
Unit for rent at 4917 Montauk Drive, Plainfield, IL, 60586

$2,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,484 ft²
4917 Montauk Drive #4917, Plainfield, IL, 60586 Listing by Sebastian Hila

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michelle Sather, Mode 1 Real Estate LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 12081722
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 5217 Oakbrook Drive built and last sold?
The property at 5217 Oakbrook Drive was built in 1995 and last sold on Feb 17, 1995 for $30,000.
How much is this home worth?
The estimated value of the home located at 5217 Oakbrook Drive is $348,248.
What are some comparable homes to 5217 Oakbrook Drive?
There are currently no comparable homes to 5217 Oakbrook Drive.
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