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Kankakee 60901
1035 E Willow Street
$20,000
● House - Off Market

1035 E Willow Street

Kankakee, IL 60901
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,296 Ft²
$28,779
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

1 story ranch home with full basement and 1 car attached garage. HOME IS BEING SOLD AS-IS CASH SALE ONLY. Seller will pay for no repairs or inspections. Potential with the work being done.
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$19
Property Type
House
Property Taxes
$127
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 #11046203)

Price History

Date / Event Date Event Price
Jul 21, 2021 Sold
Premium
Sold
Apr 5, 2021 Listed by Coldwell Banker Realty $24,900
Listed by Coldwell Banker Realty

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: 4,029
  • 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: HARDEBECKS SUB
  • Land Acres: 0000000092
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: HARDEBECKS SUB E 80' LT 15 BLK 1 33-31-12E

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 011600

Geography

  • District: 16
  • Parcel: 16-09-33-106-025
  • Block: 1
  • Lot: 15
  • Municipality: KANKAKEE
  • Latitude: 41.1282
  • Longitude: -87.8505

    Address

  • Full Address: 1035 E Willow St
  • Address - House Number: 1035
  • Street Direction: E
  • Address - Street Name: Willow
  • Address - Suffix Type: St
  • State: IL
  • City Name: Kankakee
  • Carrier Code: C024
  • 4-Digit Zip Code: 2551
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $182,050
  • Tax Rate Code Area: 16003

    Appraisal Valuation

  • Standard Deviation: 0.2648
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 62
  • Final Value: 42,812
  • High Value: 54,143
  • Low Value: 31,480

    Market Valuation

  • Market Total Value: $45,918
  • Market Land Value: $1,662
  • Market Improvement Value: $44,256

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,306
  • Assessed Land Value: $554
  • Assessed Improvements Value: $14,752

    Sales

  • Current Sale Contract Date: Jul 21, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10507
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:

$162,500

Sale Price/ft²

$120

Below Asking

0.02%

Average Days on Market

66

Average Home Size

1305 ft²

Average Home Age

93.4 years

Currently For Sale

46 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: Norman Gaskin, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11046203
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 1035 East Willow Street built and last sold?
The property at 1035 East Willow Street was built in and last sold on Jul 21, 2021 for $20,000.
How much is this home worth?
The estimated value of the home located at 1035 East Willow Street is $0.
What are some comparable homes to 1035 East Willow Street?
There are currently no comparable homes to 1035 East Willow Street.
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