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Morris 60450
602 Armstrong Street
Photo of 602 Armstrong Street

26

Map

Photo of 602 Armstrong Street
Photo of 602 Armstrong Street
$238,900
↓ $1K (0.4%)
● House - For Sale

602 Armstrong Street

Morris, IL 60450
bedrooms
2 Beds
bathrooms
1 Bath
square feet
720 Ft²
$1,519
Est. Monthly
Unit Size
720 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$332
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
1945

Listed By

Cara Boren
[email protected]
Crosstown Realtors, Inc.

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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

Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Concrete, Detached, Garage, Yes
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Rooms: 4
Basement: Unfinished, Full
Exterior Details
Square Footage: 720
Square Footage Source: $0
Year Built: 1945
Construction Materials: Frame, Wood Siding
Lot Size Area: 15246
Lot Size Units: Square Feet
Lot Size Acres: 0.35
Lot Size Square Feet: 15246
Lot Size Dimensions: 50X110
Water Source: Public
Financial Details
Tax Annual Amount: $4,148
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 720
  • Gross Building Area: 720
  • Building Area: 720
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 720
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARDER & SPELLISY
  • Land Acres: 0000000110
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: HARDER & SPELLISY RESUB LT 6 SEC 3-33-7

Neighborhood

  • School District Name: Morris School District 54
  • Census Tract: 000300

Geography

  • District: 12
  • Parcel: 05-03-160-014
  • Lot: 6
  • Meridian: SEC 03 TWN 33N RNG 07W
  • Municipality: MORRIS TOWNSHIP
  • Latitude: 41.3651
  • Longitude: -88.4181

    Address

  • Full Address: 602 Armstrong St
  • Address - House Number: 602
  • Address - Street Name: Armstrong
  • Address - Suffix Type: St
  • State: IL
  • City Name: Morris
  • Carrier Code: C005
  • 4-Digit Zip Code: 1915
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $319,337
  • Tax Rate Code Area: 12051

    Appraisal Valuation

  • Standard Deviation: 0.2126
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 71
  • Final Value: 153,408
  • High Value: 186,025
  • Low Value: 120,792

    Market Valuation

  • Market Total Value: $122,409
  • Market Land Value: $22,308
  • Market Improvement Value: $100,101

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,803
  • Assessed Land Value: $7,436
  • Assessed Improvements Value: $33,367

    Sales

  • Current Sale Contract Date: Feb 04, 2022
  • Current Sale Recording Date: Feb 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 611137
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:

$305,000

Sale Price/ft²

$173

Below Asking

0.02%

Average Days on Market

44

Average Home Size

1910 ft²

Average Home Age

60.8 years

Currently For Sale

21 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

Rentals Near You

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MRED

Listed by: Cara Cameron, Crosstown Realtors Inc
Data Source: MRED, MLS# MRD12757678
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 602 Armstrong Street built and last sold?
The property at 602 Armstrong Street was built in 1945 and last sold on Feb 4, 2022 for $156,500.
How much is this home worth?
The estimated value of the home located at 602 Armstrong Street is $236,495.
What are some comparable homes to 602 Armstrong Street?
There are currently no comparable homes to 602 Armstrong Street.
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