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Kankakee 60901
10 Elmwood Drive
$240,000
● House - Off Market

10 Elmwood Drive

KANKAKEE, IL 60901
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,350 Ft²
$446,343
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Want to fish from your back yard? Absolutely stunning, impeccably well maintained home on the Kankakee River! Beautiful, nice quiet neighborhood. Relax and enjoy the scenery. This amazing 3bd, 2bath, 2 car garage home won't last long! Call to schedule a private showing.
Unit Size
2,350 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$119
Property Type
House
Property Taxes
$404
HOA Dues
-
Year Built
-

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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.

Last updated: 3 years ago (MRED MLS #09625930)

Price History

Date / Event Date Event Price
Aug 10, 2017 Sold
Premium
Sold
Jul 9, 2017 Listed $279,900
Listed
Want to fish from your back yard? Absolutely stunning, impeccably well maintained home on the Kankakee River! Beautiful, nice quiet neighborhood. Relax and enjoy the scenery. This amazing 3bd, 2bath, 2 car garage home won't last long! Call to schedule a private showing.The manager has listed the unit size as 2350 square feet.
May 11, 2017 Listed by Jennifer Williamson $279,900
Listed by Jennifer Williamson

Property Highlights

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: 22,240
  • 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: OAKWOODS SUB
  • Land Acres: 0000000510
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: OAKWOODS SUB LOT 10 15-30-13W

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 011300

Zoning

  • Zoning: R1

Geography

  • District: 12
  • Parcel: 12-17-15-102-012
  • Lot: 10
  • Municipality: AROMA
  • Latitude: 41.0889
  • Longitude: -87.828

    Address

  • Full Address: 10 Elmwood Dr
  • Address - House Number: 10
  • Address - Street Name: Elmwood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Kankakee
  • Carrier Code: R005
  • 4-Digit Zip Code: 5909
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $632,016
  • Tax Rate Code Area: 12004

    Appraisal Valuation

  • Standard Deviation: 0.1932
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 333,434
  • High Value: 397,727
  • Low Value: 269,140

    Market Valuation

  • Market Total Value: $255,501
  • Market Land Value: $57,180
  • Market Improvement Value: $198,321

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,167
  • Assessed Land Value: $19,060
  • Assessed Improvements Value: $66,107

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Aug 23, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 9337
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 Kankakee

Stats & Trends

Median Asking:

$239,000

Sale Price/ft²

$162

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1678 ft²

Average Home Age

58.7 years

Currently For Sale

202 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: , Jennifer Williamson
Last Updated: 3 years ago
Data Source: MRED, MLS# 09625930
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 10 Elmwood Drive built and last sold?
The property at 10 Elmwood Drive was built in and last sold on Jan 1, 1970 for $240,000.
How much is this home worth?
The estimated value of the home located at 10 Elmwood Drive is $288,733.
What are some comparable homes to 10 Elmwood Drive?
There are currently no comparable homes to 10 Elmwood Drive.
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