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Kankakee 60961
17374 W Route 17
$160,000
● House - Off Market

17374 W Route 17

Reddick, IL 60961
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,177 Ft²
$171,502
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Are you looking for the country life? Maybe a little piece of your own land to enjoy and spread out? This beautiful home in Reddick may be the one you're looking for! A ranch home featuring 2 bedrooms (+large office/bonus room) and 1 bath sitting on 1.24 acres! The open concept in this home allows for plenty of natural light and easy living. Eat in kitchen features ample counter space and storage. You'll notice the large office off the kitchen, which can be used as such or converted into another bedroom. Attached heated deep 2.5 car garage is wonderful for hobbyist (propane heated). What stands out most about this home is the land - 1.24 acres which backs up to farmland for ultimate privacy. Herscher School District - close to local amenities!
Unit Size
1,177 Ft²
Days on Market
-
Land Size
1.24 acres
Price per sqft
$140
Property Type
House
Property Taxes
$196
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: 3 years ago (MRED MLS #11454375)

Price History

Date / Event Date Event Price
Sep 19, 2022 Sold
Premium
Sold
Jul 11, 2022 Listed by Re/Max Ultimate Professionals $164,900
Listed by Re/Max Ultimate Professionals

Property Highlights

Garage
Air Conditioning

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: 53,961
  • Lot Size Depth Feet: 3,084
  • Lot Size Frontage Feet: 1,750
  • 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
  • Land Acres: 0000001239
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: 1.24AC TR POB 517.84' E NW COR NEQ 175X308.35' 04-30-09E 04-30-09E

Neighborhood

  • School District Name: Herscher Community Unit School District 2
  • Census Tract: 010300

Geography

  • District: 15
  • Parcel: 15-13-04-200-008
  • Municipality: NORTON
  • Latitude: 41.1146
  • Longitude: -88.1999

    Address

  • Full Address: 17374 W Route 17
  • Address - House Number: 17374
  • Street Direction: W
  • Address - Street Name: Route 17
  • State: IL
  • City Name: Reddick
  • Carrier Code: R003
  • 4-Digit Zip Code: 8103
  • Zip Code: 60961

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $242,136
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 15002

    Appraisal Valuation

  • Standard Deviation: 0.2122
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 157,169
  • High Value: 190,606
  • Low Value: 123,732

    Market Valuation

  • Market Total Value: $120,447
  • Market Land Value: $8,322
  • Market Improvement Value: $112,125

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,149
  • Assessed Land Value: $2,774
  • Assessed Improvements Value: $37,375

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 19, 2022
  • Current Sale Recording Date: Sep 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10815
  • Previous Sale Recording Date: Jul 05, 2018
  • Previous Sale Contract Date: Jun 28, 2018
  • Previous Sale Amount: $93,500
  • Previous Sale Document Type: 71
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:

$239,000

Sale Price/ft²

$162

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1678 ft²

Average Home Age

58.7 years

Currently For Sale

202 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: Tara Davies, Re/Max Ultimate Professionals
Last Updated: 3 years ago
Data Source: MRED, MLS# 11454375
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 17374 West State Rte 17 built and last sold?
The property at 17374 West State Rte 17 was built in and last sold on Sep 19, 2022 for $160,000.
How much is this home worth?
The estimated value of the home located at 17374 West State Rte 17 is $0.
What are some comparable homes to 17374 West State Rte 17?
There are currently no comparable homes to 17374 West State Rte 17.
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