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Joliet 60435 Cathedral Area
952 Western Avenue
Photo of 952 Western Avenue
Sold on Jan 13, 2023

36

Map

Photo of 952 Western Avenue
Photo of 952 Western Avenue
$275,000
● House - Off Market

952 Western Avenue

Joliet, IL 60435
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,600 Ft²
$296,305
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model
Unit Size
2,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$108
Property Type
House
Property Taxes
$645
HOA Dues
-
Year Built
1924

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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

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 396
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,260
  • Total Building Area: 2,968
  • Building Area: 2,968
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,968
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: T P FORDS SUB
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 3 THE W 7.20 FT OF LOT 2 IN T P FORDS SUB IN CAGWIN MACKS SUB LOT 14, BEING A SUB OF PRT OF THE E1/2 OF THE SE1/4 OF SE

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 882701

Geography

  • Parcel: 30-07-08-408-013
  • Lot: 2
  • Meridian: SEC 08 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5278
  • Longitude: -88.1052

    Address

  • Full Address: 952 Western Ave
  • Address - House Number: 952
  • Address - Street Name: Western
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C044
  • 4-Digit Zip Code: 6954
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $871,702
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1606
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 335,681
  • High Value: 389,616
  • Low Value: 281,747

    Market Valuation

  • Market Total Value: $316,170
  • Market Land Value: $49,389
  • Market Improvement Value: $266,781

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $105,390
  • Assessed Land Value: $16,463
  • Assessed Improvements Value: $88,927

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 13, 2023
  • Current Sale Recording Date: Jan 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2917
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 Cathedral Area

Stats & Trends

Median Asking:

$297,000

Sale Price/ft²

$184

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1756 ft²

Average Home Age

110.1 years

Currently For Sale

16 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 417 Buell Avenue, Joliet, IL, 60435

$3,300 /mo

  • 5 Beds
  • 2 Baths
  • 2,700 ft²
417 Buell Avenue, Joliet, IL, 60435 Listing by Michelle Carr

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: George Venturella, Century 21 Circle
Data Source: MRED, MLS# MRD11631991
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 952 Western Avenue built and last sold?
The property at 952 Western Avenue was built in 1924 and last sold on Jan 13, 2023 for $275,000.
How much is this home worth?
The estimated value of the home located at 952 Western Avenue is $0.
What are some comparable homes to 952 Western Avenue?
There are currently no comparable homes to 952 Western Avenue.
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