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Joliet 60433
710 Florence Avenue
$90,000
● House - Off Market

710 Florence Avenue

Joliet, IL 60433
bedrooms
2 Beds
bathrooms
1 Bath
$104,475
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Move in ready! Take a look at this home that sits on a large corner lot! This two-bedroom, one bath home has updated carpet and plenty of space for more rooms in the basement. Located near schools, shopping and highway.
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$159
HOA Dues
-
Year Built
1930

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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.

Last updated: 3 years ago (MRED MLS #11666331)

Price History

Date / Event Date Event Price
Nov 18, 2022 Sold
Premium
Sold
Nov 3, 2022 Listed by eXp Realty, LLC - Yorkville $99,000
Listed by eXp Realty, LLC - Yorkville

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • 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: 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: 5,389
  • Total Building Area: 748
  • Building Area: 748
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 748
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORRIS SUB
  • Land Acres: 0000000120
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 10 BLOCK 2 IN NORRIS SUB OF LOTS 11, 12 13 OF MASTER IN CHANCERY'S SUB, BEING A SUB OF PRT OF BLK 1 PRT OF BLK 2 IN BOW

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 882400

Geography

  • Parcel: 30-07-15-413-006
  • Block: 2
  • Lot: 10
  • Meridian: SEC 15 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5162
  • Longitude: -88.0628

    Address

  • Full Address: 710 Florence Ave
  • Address - House Number: 710
  • Address - Street Name: Florence
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C086
  • 4-Digit Zip Code: 2002
  • Zip Code: 60433

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $212,130
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1773
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 117,968
  • High Value: 138,886
  • Low Value: 97,050

    Market Valuation

  • Market Total Value: $68,910
  • Market Land Value: $13,998
  • Market Improvement Value: $54,912

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,970
  • Assessed Land Value: $4,666
  • Assessed Improvements Value: $18,304

    Sales

  • Current Sale Contract Date: Nov 16, 2022
  • Current Sale Recording Date: Jan 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 106
  • Previous Sale Recording Date: Jan 03, 2023
  • Previous Sale Contract Date: Sep 16, 2022
  • Previous Sale Amount: $66,000
  • Previous Sale Document Type: 71
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 Joliet

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1850 ft²

Average Home Age

43 years

Currently For Sale

265 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: Ivan Santos, eXp Realty, LLC - Yorkville
Last Updated: 3 years ago
Data Source: MRED, MLS# 11666331
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 710 Florence Avenue built and last sold?
The property at 710 Florence Avenue was built in 1930 and last sold on Nov 16, 2022 for $90,000.
How much is this home worth?
The estimated value of the home located at 710 Florence Avenue is $0.
What are some comparable homes to 710 Florence Avenue?
There are currently no comparable homes to 710 Florence Avenue.
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