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Limestone 60901
1092 N Oak Lane Drive
$173,900
● House - Off Market

1092 N Oak Lane Drive

KANKAKEE, IL 60901
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,918 Ft²
$345,189
RealtyHop Estimate
91.88%
Since Sep 1, 2008
National-US
Primary Model

About This Property

Welcome to this park like setting with over 40 mature oak trees on this gorgeous 1/2 acre lot. U-shaped driveway offers plenty of parking.  oak Kitchen cabinets - island w/ceramic top. Vaulted ceiling in living room. Vinyl thermopane windows. Furnace new 2002, water htr. 2005. Shed with loft, stone burn pit & picnic table.   3/4" knotty pine in family room. Washer/Dryer negotiable. 13 month Home Warranty included.
Unit Size
1,918 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$94
Property Type
House
Property Taxes
$225
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.

Property Highlights

Air Conditioning
Garage

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: 22,275
  • 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: OAKDALE ACRES 2ND ADD
  • Land Acres: 0000000511
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: OAKDALE ACRES 2ND ADDN LOTS 3-4 & S 15' LOT 5 28-31-11E

Neighborhood

  • School District Name: Herscher Community Unit School District 2
  • Census Tract: 010400

Geography

  • District: 7
  • Parcel: 07-08-28-303-043
  • Lot: 5,3-4
  • Municipality: LIMESTONE
  • Latitude: 41.1355
  • Longitude: -87.9665

    Address

  • Full Address: 1092 N Oak Lane Dr
  • Address - House Number: 1092
  • Street Direction: N
  • Address - Street Name: Oak Lane
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Kankakee
  • Carrier Code: R004
  • 4-Digit Zip Code: 7787
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $420,452
  • Tax Rate Code Area: 7006

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 232,528
  • High Value: 282,475
  • Low Value: 182,582

    Market Valuation

  • Market Total Value: $197,238
  • Market Land Value: $22,560
  • Market Improvement Value: $174,678

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,746
  • Assessed Land Value: $7,520
  • Assessed Improvements Value: $58,226

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 04, 2008
  • Current Sale Recording Date: Aug 07, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 36

    Last Sale Mortgage

  • Second Mortgage Loan Amount:
    Premium
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 Limestone

Stats & Trends

Median Asking:

$239,950

Sale Price/ft²

$178

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2000 ft²

Average Home Age

106 years

Currently For Sale

1 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: Amanda Fedrow, ABR,GRI, Real Living Speckman Realty, Inc
Data Source: MRED, MLS# MRD06866258
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 1092 North Oak Lane Drive built and last sold?
The property at 1092 North Oak Lane Drive was built in and last sold on Aug 4, 2008 for $174,000.
How much is this home worth?
The estimated value of the home located at 1092 North Oak Lane Drive is $181,328.
What are some comparable homes to 1092 North Oak Lane Drive?
There are currently no comparable homes to 1092 North Oak Lane Drive.
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