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Kankakee 60901
1088 Hawthorne Lane
$90,000
● House - Off Market

1088 Hawthorne Lane

Kankakee, IL 60901
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,026 Ft²
$84,470
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Large crack in concrete in garage. Please be careful or do not enter. Charming 2 Bedroom ranch home in a cul-de-sac located in West Kankakee! Large open kitchen, spacious back yard, full basement. 1 car attached garage. Bedrooms are of ample size. In walking distance to the Kankakee County Museum, schools and parks. Sold AS IS. No inspections will be paid for by seller. No credits. Cash or conventional offers only. This one wont last! Call today for your private showing!
Unit Size
1,026 Ft²
Days on Market
-
Land Size
-
Price per sqft
$83
Property Type
House
Property Taxes
$407
HOA Dues
-
Year Built
-

Payment Calculator

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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 #11815895)

Price History

Date / Event Date Event Price
Sep 11, 2023 Sold
Premium
Sold
Jun 22, 2023 Listed by RE/MAX Prestige Homes $85,000
Listed by RE/MAX Prestige Homes

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: 7,800
  • 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: KNOLLWOOD SUB
  • Land Acres: 0000000179
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: KNOLLWOOD SUB 1ST ADDN LOT 59 06-30-13W

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 012200

Zoning

  • Zoning: R1

Geography

  • District: 16
  • Parcel: 16-17-06-308-034
  • Lot: 59
  • Municipality: KANKAKEE
  • Latitude: 41.1082
  • Longitude: -87.8832

    Address

  • Full Address: 1088 Hawthorne Ln
  • Address - House Number: 1088
  • Address - Street Name: Hawthorne
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Kankakee
  • Carrier Code: C013
  • 4-Digit Zip Code: 4622
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $487,978
  • Tax Rate Code Area: 16003

    Appraisal Valuation

  • Standard Deviation: 0.263
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 62
  • Final Value: 126,454
  • High Value: 159,701
  • Low Value: 93,208

    Market Valuation

  • Market Total Value: $123,081
  • Market Land Value: $15,279
  • Market Improvement Value: $107,802

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,027
  • Assessed Land Value: $5,093
  • Assessed Improvements Value: $35,934

    Sales

  • Current Sale Contract Date: Sep 11, 2023
  • Current Sale Recording Date: Sep 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9382
  • Previous Sale Recording Date: Nov 15, 2018
  • Previous Sale Contract Date: Nov 09, 2018
  • Previous Sale Amount: $28,500
  • 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 Kankakee

Stats & Trends

Median Asking:

$159,944

Sale Price/ft²

$120

Below Asking

0.03%

Average Days on Market

64

Average Home Size

1185 ft²

Average Home Age

92.5 years

Currently For Sale

56 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 241 S Small Avenue, Kankakee, IL, 60901

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
241 S Small Avenue #1S, Kankakee, IL, 60901 Listing by Azza Tawfik

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Monica Pizano, RE/MAX Prestige Homes
Last Updated: 3 years ago
Data Source: MRED, MLS# 11815895
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 1088 Hawthorne Lane built and last sold?
The property at 1088 Hawthorne Lane was built in and last sold on Sep 11, 2023 for $90,000.
How much is this home worth?
The estimated value of the home located at 1088 Hawthorne Lane is $87,263.
What are some comparable homes to 1088 Hawthorne Lane?
There are currently no comparable homes to 1088 Hawthorne Lane.
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