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Joliet 60436 Reedwood
900 W Audrey Avenue
$240,500
● House - Off Market

900 W Audrey Avenue

Joliet, IL 60436
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,776 Ft²
$1,652
Est. Monthly

About This Property

MULTIPLE OFFERS RECEIVED.  HIGHEST AND BEST BY April 7, 11am.  Assumable Mortgage!!!  Very Low Interest Rate!!! Spacious Ranch Home with Open Layout and Large Yard!  Welcome to this well-maintained ranch-style home offering comfortable, single-level living and a functional layout. Featuring hardwood floors throughout and a newer roof, this home includes a bright and open-concept design with a wood-burning fireplace that adds warmth and character to the main living space.    This true ranch home offers 3 generously sized bedrooms and 2 full bathrooms, including a primary bedroom with its own private bath and walk-in closet. The layout provides a great balance of open living space while maintaining a practical and comfortable bedroom setup.    Step outside to a large backyard with plenty of room for entertaining, relaxing, or outdoor activities.    Ideally located near schools, shopping, and everyday conveniences, this home is a great opportunity in a desirable location. Don't miss your chance to see it!    ---
Unit Size
1,776 Ft²
Days on Market
-
Land Size
-
Price per sqft
$132
Property Type
House
Property Taxes
$498
HOA Dues
-
Year Built
1927

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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

  • Year Built: 1927
  • Effective Year Built: 1927
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,900
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,776
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTWOOD
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 53 IN WESTWOOD, BEING A SUB OF PRT OF THE E1/2 OF THE NE1/4 OF SEC 17, T35N-R10E.

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 882601

Geography

  • Parcel: 30-07-17-227-014
  • Lot: 53
  • Meridian: SEC 17 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5169
  • Longitude: -88.103

    Address

  • Full Address: 900 Audrey Ave
  • Address - House Number: 900
  • Address - Street Name: Audrey
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C010
  • 4-Digit Zip Code: 2004
  • Zip Code: 60436

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $533,216
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1715
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 240,021
  • High Value: 281,191
  • Low Value: 198,851

    Market Valuation

  • Market Total Value: $191,214
  • Market Land Value: $30,324
  • Market Improvement Value: $160,890

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,738
  • Assessed Land Value: $10,108
  • Assessed Improvements Value: $53,630

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 27, 2015
  • Current Sale Recording Date: Mar 11, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2015020344
  • Previous Sale Recording Date: Mar 06, 2014
  • Previous Sale Contract Date: Feb 10, 2014
  • Previous Sale Amount: $45,101
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: FIX
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 Reedwood

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$197

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1896 ft²

Average Home Age

81.4 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

Unit for rent at 121 Davis Avenue, Rockdale, IL, 60436

$1,575 /mo

  • 3 Beds
  • 1 Bath
  • 1,196 ft²
121 Davis Avenue #1, Rockdale, IL, 60436 Listing by Maira Navar
Unit for rent at 400 Summit Street, Joliet, IL, 60435

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,290 ft²
400 Summit Street, Joliet, IL, 60435 Listing by Stacie McGlone
Unit for rent at 719 Taylor Street, Joliet, IL, 60435

$2,150 /mo

  • 3 Beds
  • 1 Bath
  • 1,500 ft²
719 Taylor Street #UPPER, Joliet, IL, 60435 Listing by Joseph Diaz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mike Musa, Keller Williams Preferred Rlty
Data Source: MRED, MLS# MRD12606304
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 900 Audrey Avenue built and last sold?
The property at 900 Audrey Avenue was built in 1927 and last sold on Feb 27, 2015 for $119,900.
How much is this home worth?
The estimated value of the home located at 900 Audrey Avenue is $239,839.
What are some comparable homes to 900 Audrey Avenue?
There are currently no comparable homes to 900 Audrey Avenue.
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