NOT LISTED FOR SALE

402 Nicholson St Unit 2R Joliet, IL 60435

Cathedral Area Neighborhood

Estimated Value: $267,000 - $314,000

-- Bed
1 Bath
438 Sq Ft
$664/Sq Ft Est. Value

About This Home

As of December 2023

Don't miss this roomy, 1 Bedroom Studio in the heart of the Cathedral Area and kiddie corner from the University of St. Francis campus. This unit features an updated bathroom, private entrance, stove & refrigerator and off street parking. Located minutes off of the highway & bus service within 2 blocks. **Building is real estate agent owned**, Security deposit is the same as rent. Must have good time on the job and good credit. Tenant pays all utilities. The application process includes a credit report, criminal background check, review of the court records, employment verification & landlord references. Application fee is $35 and non-refundable.

Last Agent to Rent the Property

Dan Condon

Century 21 Kroll Realty License #475178004 Listed on: 11/21/2023

Century 21 Kroll Realty

Co-Listed By

Kayleigh Condon

Century 21 Kroll Realty License #471021898

Last Renter's Agent

Kaleb Louden

RE/MAX NEXT License #475202518

RE/MAX NEXT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,117

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 63x129x61x129

Home Design

  • Property Attached
  • Studio
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 438 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Parking Space
  • Driveway
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $795
  • Property Available on 11/15/23

Community Details

Overview

  • 3 Units

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,117

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Available Date: 2023-11-15
  • Board Number: 17
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 795
  • Security Deposit: 795
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Studio
  • Property Sub-Type: Attached
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Non-Smoking Unit
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Furnished: No
  • LivingArea: 438
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2638
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Foundation Details: Block
  • List Price: 795
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Unassigned, Off Street, Driveway
  • ParkingTotal: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Cooling: Window/Wall Unit - 1
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Rent Includes: None

Schools

  • Middle/Junior School District: 86

Lot Info

  • Lot Dimensions: 63X129X61X129

Multi Family

  • Units in Building: 3

MLS Schools

  • Other Public Sch Dist: 525

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2021
Sold by
Teakwood Llc
Bought by
Condon Daniel J and Condon Kayleigh A
Current Estimated Value
$290,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,750
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2017
Sold by
Tomczak Barbara and Flood Christopher
Bought by
Teakwood Llc

Purchase Details

Closed on
Nov 15, 2011
Sold by
Teakwood Llc
Bought by
Tomczak Barbara and Flood Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,594
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2009
Sold by
Flood Christopher and Tomczak Barbara A
Bought by
Teakwood Llc

Purchase Details

Closed on
Feb 15, 2000
Sold by
Flood Christopher
Bought by
Flood Christopher and Tomczak Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.62%

Purchase Details

Closed on
Feb 10, 2000
Sold by
Rojo Arthur and Rojo Brynda
Bought by
Flood Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.62%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Condon Daniel J $201,000 Old Republic Title
Teakwood Llc -- Attorney
Tomczak Barbara -- Chicago Title Insurance Co
Teakwood Llc -- None Available
Flood Christopher -- Chicago Title Insurance Co
Flood Christopher $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Condon Daniel J $150,750
Previous Owner Tomczak Barbara $84,594
Previous Owner Flood Christopher $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Rented $795 0.0% --
12/04/2023 12/04/23 Under Contract -- -- --
11/21/2023 11/21/23 For Rent $795 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,117 $84,968 $22,365 $62,603
2023 $7,117 $75,493 $19,871 $55,622
2022 $6,307 $68,289 $17,975 $50,314
2021 $5,994 $63,780 $16,788 $46,992
2020 $5,687 $60,570 $15,943 $44,627
2019 $5,409 $56,292 $14,817 $41,475
2018 $5,183 $52,017 $13,692 $38,325
2017 $4,885 $47,292 $12,448 $34,844
2016 $4,677 $43,514 $11,412 $32,102
2015 $4,509 $40,800 $10,700 $30,100
2014 $4,509 $40,600 $10,650 $29,950
2013 $4,509 $42,395 $11,839 $30,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11930704

Midwest Real Estate Data (MRED)

APN: 30-07-09-127-009