For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Morris 60450
721 E Douglas Street
$199,500
● House - Off Market

721 E Douglas Street

Morris, IL 60450
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,568 Ft²
$1,367
Est. Monthly
21.13%
Cap Rate

About This Property

Large two-story home featuring 5 bedrooms and 2 baths.  Hardwood floors on the main level. Kitchen offers all appliances and a large pantry, Washer/dryer area inside the back door.  Living room and dining room combination. Master bedroom on main floor has a full shower bath, 2nd bathroom off the kitchen has a tub and shower.  4 large bedrooms on the second level. Enjoy the fenced rear yard for your furry friends.  Attached one car garage is currently used as a storage area.  Separate driveway for additional parking located on the east side of the house.
Unit Size
1,568 Ft²
Days on Market
-
Land Size
-
Price per sqft
$127
Property Type
House
Property Taxes
$387
HOA Dues
-
Year Built
1900

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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: 6,534
  • Total Building Area: 1,568
  • Gross Building Area: 1,568
  • Building Area: 1,568
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CUNNEA & HYNDS SUBDIVISION
  • Land Acres: 0000000150
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: CUNNEA & HYNDS SUB OF S1/2 BLK 2 LT 8 SEC 3-33-7

Neighborhood

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

Geography

  • District: 12
  • Parcel: 05-03-327-006
  • Block: 2
  • Lot: 8
  • Meridian: SEC 03 TWN 33N RNG 07W
  • Municipality: MORRIS TOWNSHIP
  • Latitude: 41.3638
  • Longitude: -88.416

    Address

  • Full Address: 721 Douglas St
  • Address - House Number: 721
  • Address - Street Name: Douglas
  • Address - Suffix Type: St
  • State: IL
  • City Name: Morris
  • Carrier Code: C005
  • 4-Digit Zip Code: 1901
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $419,623
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 12001

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 75
  • Final Value: 207,999
  • High Value: 246,502
  • Low Value: 169,496

    Market Valuation

  • Market Total Value: $160,851
  • Market Land Value: $26,595
  • Market Improvement Value: $134,256

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,617
  • Assessed Land Value: $8,865
  • Assessed Improvements Value: $44,752

    Sales

  • Current Sale Contract Date: Sep 16, 2016
  • Current Sale Recording Date: Sep 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 564627
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

43

Average Home Size

1933 ft²

Average Home Age

59 years

Currently For Sale

18 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

Click here to view more rentals in the neighborhood.
MRED

Listed by: Joan Eslinger, Advantage Realty, Inc.
Data Source: MRED, MLS# MRD12217101
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 721 Douglas Street built and last sold?
The property at 721 Douglas Street was built in 1900 and last sold on Sep 16, 2016 for $100,000.
How much is this home worth?
The estimated value of the home located at 721 Douglas Street is $201,495.
What are some comparable homes to 721 Douglas Street?
There are currently no comparable homes to 721 Douglas Street.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Morris Homes for Sale
Morris Houses for Sale
Morris Condos for Sale
Morris Townhouses for Sale
Morris Multifamily for Sale
Morris Land for Sale
Morris Commercial for Sale
Morris Homes with Basements
Nearby Cities
Minooka Homes for Sale
Seneca Homes for Sale
Carbon Hill Homes for Sale
Nearby Property Records
Grundy County, IL Property Records
Kendall County, IL Property Records
Will County, IL Property Records
LaSalle County, IL Property Records
DeKalb County, IL Property Records
Livingston County, IL Property Records
DuPage County, IL Property Records
Kankakee County, IL Property Records
Nearby Counties
Aux Sable Homes for Sale
Saratoga Homes for Sale
Felix Homes for Sale
Erienna Homes for Sale
Wauponsee Homes for Sale
Goose Lake Homes for Sale
Norman Homes for Sale
Nettle Creek Homes for Sale
Top Real Estate Agents
Top Agents in Morris
Top Agents in 60450
Top Agents in Aux Sable
Top Agents in Minooka
Top Agents in 60416
Top Agents in Saratoga
Top Agents in Felix
Top Agents in Erienna