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Kankakee 60901
1133 N Prairie View Drive
$259,900
● House - Off Market

1133 N Prairie View Drive

Kankakee, IL 60901
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,951 Ft²
$286,333
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Move in ready home, with a large beautiful kitchen with dining room area, and stainless steel appliances. Remodeled recently, home has 3 bedrooms and 2 full baths. There with a very inviting living room that includes a gas fire place, and a family room in lower level with walkout access to a huge back yard with cedar privacy fence, and also a concrete patio for cooking out or just relaxing. There is also a  2.5  car garage with newer concrete floor, insulated, and OSB Boards put up. gravel parking area on the side for a camper or boat. too many updates to list. This home is in Herscher School District, but only minutes to Kankakee. This one will go fast!
Unit Size
1,951 Ft²
Days on Market
-
Land Size
-
Price per sqft
$133
Property Type
House
Property Taxes
$360
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 #11269334)

Price History

Date / Event Date Event Price
Dec 27, 2021 Sold
Premium
Sold
Nov 11, 2021 Listed by Chicago Residential Experts $259,900
Listed by Chicago Residential Experts

Property Highlights

Air Conditioning
Fireplace

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: 18,150
  • 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: HEIL ESTATES
  • Land Acres: 0000000416
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: HEIL ESTATES 7TH ADDN LOT 7 25-31-11E

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • District: 7
  • Parcel: 07-08-25-406-002
  • Lot: 7
  • Municipality: LIMESTONE
  • Latitude: 41.1352
  • Longitude: -87.8985

    Address

  • Full Address: 1133 N Prairie View Dr
  • Address - House Number: 1133
  • Street Direction: N
  • Address - Street Name: Prairie View
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Kankakee
  • Carrier Code: R008
  • 4-Digit Zip Code: 7398
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $617,922
  • Tax Rate Code Area: 7002

    Appraisal Valuation

  • Standard Deviation: 0.1932
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 308,535
  • High Value: 368,028
  • Low Value: 249,042

    Market Valuation

  • Market Total Value: $279,627
  • Market Land Value: $20,118
  • Market Improvement Value: $259,509

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $93,209
  • Assessed Land Value: $6,706
  • Assessed Improvements Value: $86,503

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 27, 2021
  • Current Sale Recording Date: Dec 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17862
  • Previous Sale Recording Date: Oct 12, 2016
  • Previous Sale Contract Date: Sep 30, 2016
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: 36
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:

$235,000

Sale Price/ft²

$161

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2047 ft²

Average Home Age

56.7 years

Currently For Sale

199 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: Kyle Geistwhite, Chicago Residential Experts
Last Updated: 3 years ago
Data Source: MRED, MLS# 11269334
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 1133 North Prairie View Drive built and last sold?
The property at 1133 North Prairie View Drive was built in and last sold on Dec 27, 2021 for $259,900.
How much is this home worth?
The estimated value of the home located at 1133 North Prairie View Drive is $0.
What are some comparable homes to 1133 North Prairie View Drive?
There are currently no comparable homes to 1133 North Prairie View Drive.
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