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Joliet 60433
808 Mills Road
$202,000
● House - Off Market

808 Mills Road

Joliet, IL 60433
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$1,286
Est. Monthly
Unit Size
1,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$206
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1954

Payment Calculator

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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

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 7,231
  • Total Building Area: 1,000
  • Building Area: 1,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,000
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MANNINGDALE
  • Land Acres: 0000000170
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 1 2 BLOCK 4 IN MANNINGDALE, BEING A SUB OF PRT OF THE W1/2 OF THE SW1/4 OF SEC. 23, T35N-R10E.

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 883000

Geography

  • Parcel: 30-07-23-300-024
  • Block: 4
  • Lot: 1-2
  • Meridian: SEC 23 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5027
  • Longitude: -88.0607

    Address

  • Full Address: 808 Mills Rd
  • Address - House Number: 808
  • Address - Street Name: Mills
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Joliet
  • Carrier Code: C063
  • 4-Digit Zip Code: 2860
  • Zip Code: 60433

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $291,912
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 131,963
  • High Value: 154,878
  • Low Value: 109,049

    Market Valuation

  • Market Total Value: $94,827
  • Market Land Value: $8,571
  • Market Improvement Value: $86,256

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,609
  • Assessed Land Value: $2,857
  • Assessed Improvements Value: $28,752

    Sales

  • Current Sale Contract Date: Nov 11, 2021
  • Current Sale Recording Date: Dec 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: R2021130308
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:

$339,900

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

45

Average Home Size

1873 ft²

Average Home Age

42 years

Currently For Sale

274 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 204 E Washington Street, Joliet, IL, 60433

$1,500 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
204 E Washington Street #204, Joliet, IL, 60433 Listing by Dennis Hough
Unit for rent at 108 E Webster Street, Joliet, IL, 60432

$2,250 /mo

  • 4 Beds
  • 2 Baths
  • 1,900 ft²
108 E Webster Street, Joliet, IL, 60432 Listing by Jillian Johnson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Lauren Grigus, Crosstown REALTORS Inc
Data Source: MRED, MLS# MRD12526368
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 808 Mills Road built and last sold?
The property at 808 Mills Road was built in 1954 and last sold on Nov 11, 2021 for $120,000.
How much is this home worth?
The estimated value of the home located at 808 Mills Road is $206,971.
What are some comparable homes to 808 Mills Road?
There are currently no comparable homes to 808 Mills Road.
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