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Kankakee 60901
1701 Indian Trail
$22,000
● Land - Off Market

1701 Indian Trail

Kankakee, IL 60901
bedrooms
Studio
bathrooms
0 Bath
$29,733
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

PLEASE DRIVE BY THE PROPERTY IN BEAUTIFUL RIVER CROSSING SUBDIVISION AND CALL CO-LISTING AGENT: MICHELLE ESPARZA WITH ANY QUESTIONS.
Unit Size
-
Days on Market
-
Land Size
1.07 acres
Price per sqft
-
Property Type
Land
Property Taxes
$115
HOA Dues
-
Year Built
-

Payment Calculator

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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 #11324275)

Price History

Date / Event Date Event Price
Aug 18, 2023 Sold
Premium
Sold
Feb 14, 2022 Listed by Coldwell Banker Realty $29,900
Listed by Coldwell Banker Realty

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: 46,465
  • 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: RIVER CROSSING
  • Land Acres: 0000001066
  • Standard Land Use Code: 8001
  • County Land Use Code: 0030
  • Legal Description 1: RIVER CROSSING LT 1 25-31-11E

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • District: 7
  • Parcel: 07-08-25-201-001
  • Lot: 1
  • Municipality: LIMESTONE
  • Latitude: 41.1467
  • Longitude: -87.9016

    Address

  • Full Address: 1701 Indian Trl
  • Address - House Number: 1701
  • Address - Street Name: Indian
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Kankakee
  • Carrier Code: R002
  • 4-Digit Zip Code: 6250
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $137,500
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 7002

    Market Valuation

  • Market Total Value: $57,888
  • Market Land Value: $57,888

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,296
  • Assessed Land Value: $19,296

    Sales

  • Current Sale Contract Date: Aug 17, 2023
  • Current Sale Recording Date: Aug 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7989
  • Previous Sale Recording Date: Mar 28, 2014
  • Previous Sale Contract Date: Mar 26, 2014
  • Previous Sale Amount: $27,500
  • 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:

$234,900

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1857 ft²

Average Home Age

59.1 years

Currently For Sale

196 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: Michelle Arseneau, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11324275
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 1701 Indian Trail built and last sold?
The property at 1701 Indian Trail was built in and last sold on Aug 17, 2023 for $22,000.
How much is this home worth?
The estimated value of the home located at 1701 Indian Trail is $0.
What are some comparable homes to 1701 Indian Trail?
There are currently no comparable homes to 1701 Indian Trail.
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