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Morris 60450
539 Shabbona Street
Photo of 539 Shabbona Street

3

Map

Photo of 539 Shabbona Street
Photo of 539 Shabbona Street
$0
● House - For Sale

539 Shabbona Street

Morris, IL 60450
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,200 Ft²
$0
Est. Monthly

About This Property

This 3-bedroom, 2-bath home offers a great opportunity to enjoy small-town living in an established residential neighborhood. Whether you're looking for a place to call home or an opportunity to make a property your own, this home offers plenty of possibilities. Conveniently located near downtown Morris, local shopping, restaurants, parks, and schools, with easy access to major roadways. Enjoy all that this charming community has to offer!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$500
HOA Dues
-
Year Built
2002

Listed By

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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.

Property Highlights

Air Conditioning
Garage
Parking Details
Has Garage
Parking Features: Concrete, Attached, Garage, Yes
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Rooms: 6
Basement: Crawl Space
Exterior Details
Square Footage: 1200
Square Footage Source: $0
Architectural Style: Ranch
Year Built: 2004
Construction Materials: Vinyl Siding
Lot Size Dimensions: 127X88X125X64
Water Source: Public
Financial Details
Tax Annual Amount: $5,999
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HEAPS
  • Land Acres: 0000000220
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: HEAPS RESUB LT 3 SEC 4-33-7

Neighborhood

  • School District Name: Morris School District 54
  • Census Tract: 000400

Geography

  • District: 12
  • Parcel: 05-04-307-005
  • Lot: 3
  • Meridian: SEC 04 TWN 33N RNG 07W
  • Municipality: MORRIS TOWNSHIP
  • Latitude: 41.3613
  • Longitude: -88.4384

    Address

  • Full Address: 539 Shabbona St
  • Address - House Number: 539
  • Address - Street Name: Shabbona
  • Address - Suffix Type: St
  • State: IL
  • City Name: Morris
  • Carrier Code: C008
  • 4-Digit Zip Code: 1608
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $499,224
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 12001

    Appraisal Valuation

  • Standard Deviation: 0.2028
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 72
  • Final Value: 230,249
  • High Value: 276,957
  • Low Value: 183,542

    Market Valuation

  • Market Total Value: $191,364
  • Market Land Value: $33,993
  • Market Improvement Value: $157,371

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,788
  • Assessed Land Value: $11,331
  • Assessed Improvements Value: $52,457

    Exemptions

  • Homeowner Exemption: Yes
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 Morris

Stats & Trends

Median Asking:

$307,000

Sale Price/ft²

$174

Below Asking

0.02%

Average Days on Market

44

Average Home Size

1762 ft²

Average Home Age

49.4 years

Currently For Sale

24 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 115 W High Street, Morris, IL, 60450

$1,650 /mo

  • 3 Beds
  • 1 Bath
  • 1,030 ft²
115 W High Street, Morris, IL, 60450 Listing by Ricky Gray

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Halina Zdanowski, LPT Realty
Data Source: MRED, MLS# MRD12787855
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 539 Shabbona Street built and last sold?
The property at 539 Shabbona Street was built in 2002 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 539 Shabbona Street is -$nan.
What are some comparable homes to 539 Shabbona Street?
There are currently no comparable homes to 539 Shabbona Street.
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