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Joliet 60432
941 ARTHUR Avenue
$295,000
● House - Off Market

941 ARTHUR Avenue

Joliet, IL 60432
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,550 Ft²
$1,733
Est. Monthly
12.54%
Cap Rate

About This Property

Beautiful house 4 bedrooms 3 bathrooms, with a lot of potential , The two-car garage is situated to the side, providing ample parking space and storage.This home offers a perfect blend of style, comfort, and functionality, making it an ideal choice for modern family living. AS IS Condition !
Unit Size
1,550 Ft²
Days on Market
-
Land Size
-
Price per sqft
$171
Property Type
House
Property Taxes
$432
HOA Dues
-
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

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: 9,707
  • 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: OAKVILLE SUB
  • Land Acres: 0000000222
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: TRACT 2: THAT PRT OF LOTS 73, 74, 75 76 PRT OF THE VACATED WILLIAMSON AVE IN OAKVILLE SUB, OF PRT OF THE SW1/4 OF SEC 2, T3

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881201

Geography

  • Subdivision Tract Number: 2
  • Parcel: 30-07-02-317-091
  • Lot: 73,74
  • Meridian: SEC 02 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5429
  • Longitude: -88.0584

    Address

  • Full Address: 941 Arthur Ave
  • Address - House Number: 941
  • Address - Street Name: Arthur
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C051
  • 4-Digit Zip Code: 1342
  • Zip Code: 60432

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $518,072
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1151
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 87
  • Final Value: 237,923
  • High Value: 265,313
  • Low Value: 210,534

    Market Valuation

  • Market Total Value: $168,294
  • Market Land Value: $10,077
  • Market Improvement Value: $158,217

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,098
  • Assessed Land Value: $3,359
  • Assessed Improvements Value: $52,739
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

1880 ft²

Average Home Age

41.9 years

Currently For Sale

276 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: Alma (Coral) Ortega, Casa Moderna Real Estate
Data Source: MRED, MLS# MRD12341450
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 941 Arthur Avenue built and last sold?
The property at 941 Arthur Avenue was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 941 Arthur Avenue is $0.
What are some comparable homes to 941 Arthur Avenue?
There are currently no comparable homes to 941 Arthur Avenue.
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