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Kankakee 60901
1254 Justine Drive
$229,000
● House - Off Market

1254 Justine Drive

Kankakee, IL 60901
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,300 Ft²
$1,647
Est. Monthly
5.10%
Cap Rate

About This Property

Fantastic Home Find! This newly renovated gem boasts 4 bedrooms, 2 bathrooms, with many additional features. The first-floor living room offers a cozy fireplace and large windows for plenty of natural light. Newly refinished hardwood flooring throughout creates a warm and luxurious feel.  The kitchen is fully remodeled with custom cabinetry, stone countertops, and stainless steel appliances.   The fully finished basement provides extra space for relaxation or entertainment along with a second stone fireplace.  Upgrades include new AC, furnace, plumbing, electric, energy efficient windows, and roof.  This home perfectly blends modern style with classic comfort. Don't miss out-apply online for a free viewing and make this fantastic home yours!
Unit Size
1,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$177
Property Type
House
Property Taxes
$518
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 10,695
  • 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: PAULISSEN SUB
  • Land Acres: 0000000245
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: JOSEPH P PAULISSEN SUB #2 SH LOT 11 & N 45' LOT 12 BLK 2 09-30-13W

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 012400

Geography

  • District: 16
  • Parcel: 16-17-09-105-010
  • Block: 2
  • Lot: 11,12
  • Municipality: KANKAKEE
  • Latitude: 41.1039
  • Longitude: -87.8439

    Address

  • Full Address: 1254 Justine Dr
  • Address - House Number: 1254
  • Address - Street Name: Justine
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Kankakee
  • Carrier Code: C002
  • 4-Digit Zip Code: 5820
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $621,394
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 16003

    Appraisal Valuation

  • Standard Deviation: 0.1982
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 73
  • Final Value: 219,592
  • High Value: 263,133
  • Low Value: 176,051

    Market Valuation

  • Market Total Value: $156,732
  • Market Land Value: $15,588
  • Market Improvement Value: $141,144

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,244
  • Assessed Land Value: $5,196
  • Assessed Improvements Value: $47,048

    Sales

  • Current Sale Contract Date: Dec 12, 2023
  • Current Sale Recording Date: Jan 02, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1
  • Previous Sale Recording Date: May 15, 2023
  • Previous Sale Contract Date: May 12, 2023
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: 27
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:

$165,000

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: Steven Harder, HB Real Estate LLC
Data Source: MRED, MLS# MRD11934347
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 1254 Justine Drive built and last sold?
The property at 1254 Justine Drive was built in and last sold on Dec 12, 2023 for $229,000.
How much is this home worth?
The estimated value of the home located at 1254 Justine Drive is $227,784.
What are some comparable homes to 1254 Justine Drive?
There are currently no comparable homes to 1254 Justine Drive.
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