Duplex with Owned
For Sale
$320,000
Pending
312 Richfield Trail, Romeoville, IL 60446
An eat-in kitchen, upstairs laundry, and community recreation amenities complement this two-unit residential property.
Property Size1,668 SF
Days on Market65
Property Features for 312 Richfield Trail
General Information
Standard status
Pending
Size
1,668 SF
Property subtype
1/2 Duplex
Additional Details
HOA Fee
$40
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,993
Amenities
clubhouse
community swimming pool
tennis court
pickleball courts
sand volleyball court
Building Details
Building Size
1,668 SF
Year Built
2001
Buildings
1
Listing Agency:
Compass
(630) 803-4150
Listed By:
Keith McMahon · License #475141372
(630) 845-1800
Source:
Angelawalkerhomes
Added: Aug 26
Changed: Oct 26
Last Checked: Oct 26 at 3:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
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Investment Insights
Based on property information with market context.
Built in 2001, this 1,668-square-foot duplex has hardwood floors, six-panel wood doors, custom blinds, and an eat-in kitchen with granite counters, stainless steel appliances, and a ceramic backsplash. Upstairs are carpeted bedrooms, a laundry room with a stackable washer and dryer, and a primary suite with a sitting area and renovated bath. The garage has an epoxy floor and a 240V outlet ready for an EV charger; a backyard shed is included.
An owned solar system installed three years ago has 1:1 net metering. The roof and sliding patio door were replaced in 2019, and the water heater is three years old. Community amenities include a swimming pool, resurfaced tennis court, four pickleball courts, and sand volleyball court.
An owned solar system installed three years ago has 1:1 net metering. The roof and sliding patio door were replaced in 2019, and the water heater is three years old. Community amenities include a swimming pool, resurfaced tennis court, four pickleball courts, and sand volleyball court.
Key Highlights
- Duplex with 1,668 square feet; built in 2001
- Owned solar system installed 3 years ago with 1:1 net metering
- Roof and sliding patio door replaced in 2019
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,350
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,000
$387.0K
Cap Rate 7%
$276,429
$276.4K
Cap Rate 9%
$215,000
$215.0K
Market Conditions
NOI Build-Up for 1,668 SF
Gross rent
$37.8K $22.68/SF
− Vacancy
−$2.6K −$1.59/SF
EGI
$35.2K $21.09/SF
− OpEx
−$15.8K −$9.49/SF
NOI
$19.4K $11.60/SF
Area
Will County, IL
Vacancy
7.00%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,000
Cap Rate 7%
$276,429
Cap Rate 9%
$215,000
Alternative Uses
Best Use
Apartment 5plus
$276.4K
$241.9K – $322.5K
NOI $19,350 @ 7.0% cap · market cap 6.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$378.3K
$331.0K – $441.4K
NOI $26,481 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
181
Businesses Nearby
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Business Placement
Demographics for 60446, IL
40,465
Population
13,986
Households
2.9
Avg Household Size
36
Median Age
23%
College-Educated
84%
High-School Grad
19.5 sq mi
ZIP Area
2,075
Density / Sq Mi
$99,461
Median Household Income
$41,908
Median Earnings
$1,894
Median Rent
$245,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - An eat-in kitchen, upstairs laundry, and community recreation amenities complement this two-unit residential property.
Where is this residential income property located?
The property is located at 312 Richfield Trail Romeoville, IL.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Duplex with 1,668 square feet; built in 2001; Owned solar system installed 3 years ago with 1:1 net metering; Roof and sliding patio door replaced in 2019
