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Joliet 60435 Cathedral Area
969 John Street
$223,000
● House - Off Market

969 John Street

Joliet, IL 60435
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$1,455
Est. Monthly
11.98%
Cap Rate

About This Property

This Move-in ready home on a corner lot features 3 bedrooms and 2 Full baths with a full basement. This home is in need of some updating. Great location easy to get to interstate, shopping, and restaurants. Don't wait to schedule your showing today!!! Property is being sold "AS IS".
Unit Size
1,500 Ft²
Days on Market
-
Land Size
-
Price per sqft
$147
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
1880

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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 #11980186)

Price History

Date / Event Date Event Price
Mar 11, 2024 Sold
Premium
Sold
Feb 13, 2024 Listed by HomeSmart Realty Group $220,000
Listed by HomeSmart Realty Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,356,000
  • Lot Size Frontage Feet: 680
  • Total Building Area: 1,000
  • Building Area: 1,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • 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: FORDS RE
  • Land Acres: 0000100000
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: THE W 68 FT OF LOT 14 IN FORDS RE-SUB OF LOTS 15, 16, 17 IN FORDS SUB OF THE W 100 ACRES OF THE W 1/2 SE 1/4 OF SEC 8, T35N-

Neighborhood

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

Geography

  • Parcel: 30-07-08-418-014
  • Lot: 14,15
  • Meridian: SEC 08 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5242
  • Longitude: -88.1061

    Address

  • Full Address: 969 John St
  • Address - House Number: 969
  • Address - Street Name: John
  • Address - Suffix Type: St
  • State: IL
  • City Name: Joliet
  • Carrier Code: C044
  • 4-Digit Zip Code: 7350
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $449,076
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 92
  • Final Value: 217,850
  • High Value: 236,796
  • Low Value: 198,904

    Market Valuation

  • Market Total Value: $145,881
  • Market Land Value: $41,325
  • Market Improvement Value: $104,556

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,627
  • Assessed Land Value: $13,775
  • Assessed Improvements Value: $34,852

    Sales

  • Current Sale Contract Date: Mar 07, 2024
  • Current Sale Recording Date: Mar 19, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12852
  • Previous Sale Recording Date: Jul 17, 2019
  • Previous Sale Contract Date: Jul 03, 2019
  • Previous Sale Amount: $108,000
  • Previous Sale Document Type: 71
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:

$299,450

Sale Price/ft²

$186

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1745 ft²

Average Home Age

110.6 years

Currently For Sale

17 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 1311 Loral Avenue, Joliet, IL, 60435

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,005 ft²
1311 Loral Avenue, Joliet, IL, 60435 Listing by Jayson Iniguez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Harry Owens, HomeSmart Realty Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11980186
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 969 John Street built and last sold?
The property at 969 John Street was built in 1880 and last sold on Mar 7, 2024 for $223,000.
How much is this home worth?
The estimated value of the home located at 969 John Street is $0.
What are some comparable homes to 969 John Street?
There are currently no comparable homes to 969 John Street.
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