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Kankakee 60901
1425 Indian Trail
$22,000
● Land - Off Market

1425 Indian Trail

Kankakee, IL 60901
bedrooms
Studio
bathrooms
0 Bath
$120
Est. Monthly

About This Property

Lots for sale! Can't find your perfect home? Build it! Here is your chance to build a home in the beautiful Indian Meadows subdivision. Property is located close to hospital, river and is in Herscher school district. Drive by and see for yourself why this would be a great spot to build! *Property qualifies for special tax abatement to refund about half of annual taxes. Ask me for more info!
Unit Size
-
Days on Market
-
Land Size
0.27 acres
Price per sqft
-
Property Type
Land
Property Taxes
$2
HOA Dues
-
Year Built
-

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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.

Last updated: 2 years ago (MRED MLS #12177992)

Price History

Date / Event Date Event Price
Oct 16, 2024 Sold
Premium
Sold
Oct 1, 2024 Listed by LaMore Realty $24,000
Listed by LaMore Realty
Jan 2, 2022 No longer available -
No longer available
Jun 25, 2021 Relisted $29,700
Relisted
Jun 12, 2021 No longer available -
No longer available
Show More

Property Highlights

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: 11,636
  • 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: V
  • Subdivision: INDIAN MEADOWS
  • Land Acres: 0000000267
  • Standard Land Use Code: 8001
  • County Land Use Code: 0032
  • Legal Description 1: INDIAN MEADOWS LT 117 25-31-11E

Neighborhood

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

Geography

  • District: 7
  • Parcel: 07-08-25-412-117
  • Lot: 117
  • Municipality: LIMESTONE
  • Latitude: 41.1424
  • Longitude: -87.9013

    Address

  • Full Address: 1425 Indian Trl
  • Address - House Number: 1425
  • Address - Street Name: Indian
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Kankakee
  • Carrier Code: R008
  • 4-Digit Zip Code: 7561
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,126
  • Tax Rate Code Area: 7004

    Market Valuation

  • Market Total Value: $525
  • Market Land Value: $525

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175
  • Assessed Land Value: $175
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 227 Mohawk Drive, Bourbonnais, IL, 60914

$1,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
227 Mohawk Drive #227, Bourbonnais, IL, 60914 Listing by Michele Nelson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mollie Grizzle, LaMore Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 12177992
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 1425 Indian Trail built and last sold?
The property at 1425 Indian Trail was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1425 Indian Trail is $24,240.
What are some comparable homes to 1425 Indian Trail?
There are currently no comparable homes to 1425 Indian Trail.
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