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Joliet 60435
906 Barthelme Avenue
$221,000
● House - Off Market

906 Barthelme Avenue

Joliet, IL 60435
bedrooms
3 Beds
bathrooms
1 Bath
square feet
850 Ft²
$1,434
Est. Monthly
11.71%
Cap Rate

About This Property

This updated ranch-style home offers 3 bedrooms and 1 bathroom, with a spacious living room perfect for relaxation. The property boasts newer appliances, a recently installed air conditioning unit, and a newer roof, ensuring modern comfort. Detached 2 car garage with ample space for storage. Situated on a beautiful lot, this home is perfect for outdoor entertaining. Don't miss the opportunity to own this delightful property!
Unit Size
850 Ft²
Days on Market
-
Land Size
-
Price per sqft
$259
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1955

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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.

Last updated: 3 years ago (MRED MLS #12152210)

Price History

Date / Event Date Event Price
Oct 23, 2024 Sold
Premium
Sold
Sep 19, 2024 In contract -
In contract
Sep 11, 2024 Listed by Duarte Realty Company $220,000
Listed by Duarte Realty Company
Sep 2, 2017 Listed $135,000
Listed
The manager has listed the unit size as 850 square feet.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • 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: 8
  • Basement Area: 850
  • Garage Type: 4
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,607
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,700
  • Building Area: 850
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 850
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SECOND ADDITION TO MAPLE LAWNS
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 98 2ND ADDN TO MAPLE LAWNS, BEING A SUB OF PRT OF THE W1/2 OF THE SW1/4 OF SEC. 5, T35N-R10E.

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881500

Geography

  • Parcel: 30-07-05-325-002
  • Lot: 98
  • Meridian: SEC 05 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5394
  • Longitude: -88.1173

    Address

  • Full Address: 906 Barthelme Ave
  • Address - House Number: 906
  • Address - Street Name: Barthelme
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C103
  • 4-Digit Zip Code: 3805
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $424,104
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 191,044
  • High Value: 224,436
  • Low Value: 157,651

    Market Valuation

  • Market Total Value: $155,769
  • Market Land Value: $40,962
  • Market Improvement Value: $114,807

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,923
  • Assessed Land Value: $13,654
  • Assessed Improvements Value: $38,269

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 11, 2017
  • Current Sale Recording Date: Dec 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2017099153
  • Previous Sale Recording Date: Oct 25, 1994
  • Previous Sale Contract Date: Oct 21, 1994
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: 71

    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 Joliet

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1845 ft²

Average Home Age

43.8 years

Currently For Sale

271 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 2338 Carnation Drive, Crest Hill, IL, 60403

$2,400 /mo

  • 2 Beds
  • 1 Bath
  • 924 ft²
2338 Carnation Drive #1, Crest Hill, IL, 60403 Listing by Jacqueline Dix
Unit for rent at 1467 Berta Drive, Crest Hill, IL, 60403

$2,375 /mo

  • 2 Beds
  • 1 Bath
  • 1,300 ft²
1467 Berta Drive, Crest Hill, IL, 60403 Listing by William Neuman

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Nancy Cisneros, Duarte Realty Company
Last Updated: 3 years ago
Data Source: MRED, MLS# 12152210
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 906 Barthelme Avenue built and last sold?
The property at 906 Barthelme Avenue was built in 1955 and last sold on Dec 11, 2017 for $135,000.
How much is this home worth?
The estimated value of the home located at 906 Barthelme Avenue is $0.
What are some comparable homes to 906 Barthelme Avenue?
There are currently no comparable homes to 906 Barthelme Avenue.
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