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Kankakee 60901
1464 W Vanmeter Street
$178,500
● House - Off Market

1464 W Vanmeter Street

Kankakee, IL 60901
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,550 Ft²
$187,971
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

This beautiful brick ranch is just awaiting new owners! This home features 3 BR, 2 full baths (in which the master has its own full bath!), huge living room with wood burning fireplace, open dining room, and nice kitchen with island that round out this great home! The full basement is fantastic and adds even more great space to this home! The deck off the kitchen is so cozy and you could enjoy many morning coffees out here! There is also an attached 2 car garage, partially fenced yard, and storage shed! Don't miss out on this great home! Sold AS IS
Unit Size
1,550 Ft²
Days on Market
-
Land Size
-
Price per sqft
$116
Property Type
House
Property Taxes
$0
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: 3 years ago (MRED MLS #11682186)

Price History

Date / Event Date Event Price
Feb 17, 2023 Sold
Premium
Sold
Dec 2, 2022 Listed by McColly Rosenboom - B $179,900
Listed by McColly Rosenboom - B

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: 10,638
  • 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: GRACEFIELD SUB
  • Land Acres: 0000000244
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: GRACEFIELD SUB LOT 6 & E 2' LOT 7 BLK 7 01-30-14W

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 012200

Geography

  • District: 16
  • Parcel: 16-16-01-411-006
  • Block: 7
  • Lot: 6,7
  • Municipality: KANKAKEE
  • Latitude: 41.1088
  • Longitude: -87.8901

    Address

  • Full Address: 1464 W Vanmeter St
  • Address - House Number: 1464
  • Street Direction: W
  • Address - Street Name: Vanmeter
  • Address - Suffix Type: St
  • State: IL
  • City Name: Kankakee
  • Carrier Code: C014
  • 4-Digit Zip Code: 4545
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $562
  • Tax Rate Code Area: 16003

    Market Valuation

  • Market Total Value: $196,509
  • Market Land Value: $14,583
  • Market Improvement Value: $181,926

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,503
  • Assessed Land Value: $4,861
  • Assessed Improvements Value: $60,642
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

$119

Below Asking

0.03%

Average Days on Market

64

Average Home Size

1141 ft²

Average Home Age

92.1 years

Currently For Sale

57 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: Lisa Scanlon, McColly Rosenboom - B
Last Updated: 3 years ago
Data Source: MRED, MLS# 11682186
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 1464 West Vanmeter Street built and last sold?
The property at 1464 West Vanmeter Street 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 1464 West Vanmeter Street is $0.
What are some comparable homes to 1464 West Vanmeter Street?
There are currently no comparable homes to 1464 West Vanmeter Street.
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