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Will 60432
531 Fox Street
$139,000
● House - Off Market

531 Fox Street

Joliet, IL 60432
bedrooms
2 Beds
bathrooms
1 Bath
square feet
690 Ft²
$839
Est. Monthly
15.34%
Cap Rate

About This Property

Great little starter home in affordable, unincorporated Joliet location.  Nicely updated 2BR/1BA.  Features new kitchen cabinets, quartz countertop, stainless steel appliances.  Bathroom has modern tile design and new vanity and fixtures.  Newer vinyl flooring.  Freshly painted in neutral color.  Shows well.  Will not disappoint.
Unit Size
690 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$196
Property Type
House
Property Taxes
$176
HOA Dues
-
Year Built
1929

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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: 2 years ago (MRED MLS #12190295)

Price History

Date / Event Date Event Price
Nov 27, 2024 Sold
Premium
Sold
Oct 28, 2024 In contract -
In contract
Oct 26, 2024 Relisted $134,900
Relisted
Oct 22, 2024 In contract -
In contract
Oct 16, 2024 Listed by DNV Solutions LLC $134,900
Listed by DNV Solutions LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • 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: 568
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,242
  • Total Building Area: 1,136
  • Building Area: 568
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 568
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND PARKSIDE
  • Land Acres: 0000000100
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 241 IN HIGHLAND PARKSIDE, BEING A SUB OF PRT OF THE E1/2 OF THE NW1/4 OF SEC. 12, T35N-R10E.

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 882200

Geography

  • Parcel: 30-07-12-125-027
  • Lot: 241
  • Meridian: SEC 12 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5358
  • Longitude: -88.0347

    Address

  • Full Address: 531 Fox St
  • Address - House Number: 531
  • Address - Street Name: Fox
  • Address - Suffix Type: St
  • State: IL
  • City Name: Joliet
  • Carrier Code: C025
  • 4-Digit Zip Code: 2223
  • Zip Code: 60432

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $198,840
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 3031

    Appraisal Valuation

  • Standard Deviation: 0.1151
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 87
  • Final Value: 104,844
  • High Value: 116,914
  • Low Value: 92,775

    Market Valuation

  • Market Total Value: $64,755
  • Market Land Value: $9,627
  • Market Improvement Value: $55,128

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,585
  • Assessed Land Value: $3,209
  • Assessed Improvements Value: $18,376
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:

$389,490

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2383 ft²

Average Home Age

31.4 years

Currently For Sale

1505 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Tassone, DNV Solutions LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 12190295
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 531 Fox Street built and last sold?
The property at 531 Fox Street was built in 1929 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 531 Fox Street is $136,854.
What are some comparable homes to 531 Fox Street?
There are currently no comparable homes to 531 Fox Street.
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