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Kankakee 60914
1314 Arrowhead Drive
$182,500
● House - Off Market

1314 Arrowhead Drive

Bourbonnais, IL 60914
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,512 Ft²
$185,384
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Check out this 3 bedroom, 2 bath ranch home in unincorporated Bourbonnais. Large Living Room with gas log fireplace and new carpeting.  All bedrooms have hardwood floors. Country-chic eat-in kitchen, with attached bonus room that could be a playroom, office, game room, etc. From the bonus room, you can get to the covered and screened-in back patio area, the second bathroom, or the oversized 2.5 car garage. The back yard with storage shed, is fenced in and when the perennials come in for the Spring and Summer, the back yard is absolutely beautiful. Minutes from shopping, restaurants, and public parks. Hurry and make your appointment to see this home! New Central Air September 2022.
Unit Size
1,512 Ft²
Days on Market
-
Land Size
-
Price per sqft
$119
Property Type
House
Property Taxes
$317
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: 2 years ago (MRED MLS #11712548)

Price History

Date / Event Date Event Price
Mar 17, 2023 Sold
Premium
Sold
Feb 3, 2023 Listed by Coldwell Banker Realty $179,900
Listed by Coldwell Banker Realty

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: 11,250
  • 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: ARROWHEAD HILLS SUB
  • Land Acres: 0000000258
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: ARROWHEAD HILLS SUB LOT 23 13-31-11E

Neighborhood

  • School District Name: Bourbonnais School District 53
  • Census Tract: 010601

Zoning

  • Zoning: R1

Geography

  • District: 17
  • Parcel: 17-08-13-407-001
  • Lot: 23
  • Municipality: BOURBONNAIS
  • Latitude: 41.1661
  • Longitude: -87.8994

    Address

  • Full Address: 1314 Arrowhead Dr
  • Address - House Number: 1314
  • Address - Street Name: Arrowhead
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bourbonnais
  • Carrier Code: R011
  • 4-Digit Zip Code: 4296
  • Zip Code: 60914

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $388,170
  • Tax Rate Code Area: 17023

    Appraisal Valuation

  • Standard Deviation: 0.2056
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 196,274
  • High Value: 236,698
  • Low Value: 155,849

    Market Valuation

  • Market Total Value: $174,966
  • Market Land Value: $18,228
  • Market Improvement Value: $156,738

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,322
  • Assessed Land Value: $6,076
  • Assessed Improvements Value: $52,246

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 02, 2023
  • Current Sale Recording Date: Mar 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2324
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

$160

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1772 ft²

Average Home Age

55.3 years

Currently For Sale

205 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: Dawn Olson, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 11712548
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 1314 Arrowhead Drive built and last sold?
The property at 1314 Arrowhead Drive was built in and last sold on Mar 2, 2023 for $182,500.
How much is this home worth?
The estimated value of the home located at 1314 Arrowhead Drive is $0.
What are some comparable homes to 1314 Arrowhead Drive?
There are currently no comparable homes to 1314 Arrowhead Drive.
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