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Joliet 60586 Clublands
7509 Prairieside Drive
$379,000
● House - Off Market

7509 Prairieside Drive

Plainfield, IL 60586
bedrooms
5 Beds
bathrooms
4 Baths
square feet
2,212 Ft²
$2,655
Est. Monthly
$65
HOA / Fees
11.21%
Cap Rate

About This Property

This wonderful 5-bedroom home in the Clublands boasts a spacious layout featuring a living room and dining room perfect for entertaining. The kitchen is a chef's dream with a pantry, and an eat-in area that flows into a cozy family room with a fireplace. The first-floor bedroom includes a full bath for convenience. The owner's suite is a true retreat with tray ceilings, a luxury bathroom that features a separate shower, soaking tub, and walk-in closet. Each bedroom is equipped with ceiling fans for comfort. The finished basement adds value with a recreation room, large laundry area, office, bathroom, and storage space. The community amenities include a clubhouse with a pool, exercise area, party rooms, tennis courts, and beautiful ponds. Plus, the subdivision is home to an elementary school.
Unit Size
2,212 Ft²
Days on Market
-
Land Size
-
Price per sqft
$174
Property Type
House
Property Taxes
$699
HOA Dues
$65
Year Built
-

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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

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • 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: 7,800
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 650
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLUBLANDS SUB
  • Land Acres: 0000000179
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 723 CLUBLANDS SUB NEIGHBORHOOD 7 UNIT 1 CITY OF JOLIET

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 890701

Geography

  • Assessors Map Reference: 3495-A1
  • Parcel: 06-36-331-015
  • Lot: 723
  • Municipality: NA-AU-SAY TOWNSHIP
  • Latitude: 41.5524
  • Longitude: -88.2661

    Address

  • Full Address: 7509 Prairieside Dr
  • Address - House Number: 7509
  • Address - Street Name: Prairieside
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R042
  • 4-Digit Zip Code: 4122
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $698,196
  • Tax Rate Code Area: NS004

    Appraisal Valuation

  • Standard Deviation: 0.1375
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 355,477
  • High Value: 404,378
  • Low Value: 306,575

    Market Valuation

  • Market Total Value: $281,025
  • Market Land Value: $39,399
  • Market Improvement Value: $241,626

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $93,675
  • Assessed Land Value: $13,133
  • Assessed Improvements Value: $80,542

    Sales

  • Current Sale Contract Date: Jun 08, 2005
  • Current Sale Recording Date: Jul 01, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 200500018614

    Financing

  • First Mortgage Financing Type: ADJ
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 Clublands

Stats & Trends

Median Asking:

$429,900

Sale Price/ft²

$184

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2251 ft²

Average Home Age

21.6 years

Currently For Sale

5 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

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MRED

Listed by: Ellen Williams, Coldwell Banker Real Estate Group
Data Source: MRED, MLS# MRD12438034
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 7509 Prairieside Drive built and last sold?
The property at 7509 Prairieside Drive was built in and last sold on Jun 8, 2005 for $247,000.
How much is this home worth?
The estimated value of the home located at 7509 Prairieside Drive is $0.
What are some comparable homes to 7509 Prairieside Drive?
There are currently no comparable homes to 7509 Prairieside Drive.
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