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Kankakee 60901
1789 Pierson Parkway
$45,000
● House - Off Market

1789 Pierson Parkway

KANKAKEE, IL 60901
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,170 Ft²
$77,427
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

Here's a great opportunity!  Bring your appliances and move in!!  Much of the work and updating has been done to this 3 bedroom/1 bath home but you can still add your finishing touches. This home has a spacious eat in kitchen, 3 big bedrooms and a front living room to spread out in. There is a full unfinished basement for storage, laundry and plenty of space to entertain. The fenced in backyard has a lot space and shade.  This is a bank owned property being offered "as is".
Unit Size
1,170 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$43
Property Type
House
Property Taxes
$188
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 #09817925)

Price History

Date / Event Date Event Price
Mar 23, 2018 Sold
Premium
Sold
Dec 14, 2017 Listed by Coldwell Banker Real Estate Group $50,000
Listed by Coldwell Banker Real Estate Group

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: 8,258
  • 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: SUNNYSIDE
  • Land Acres: 0000000189
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: SUNNYSIDE LOT 528 04-30-13W

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 012400

Geography

  • District: 16
  • Parcel: 16-17-04-303-016
  • Lot: 528
  • Municipality: KANKAKEE
  • Latitude: 41.1123
  • Longitude: -87.8444

    Address

  • Full Address: 1789 Pierson Pkwy
  • Address - House Number: 1789
  • Address - Street Name: Pierson
  • Address - Suffix Type: Pkwy
  • State: IL
  • City Name: Kankakee
  • Carrier Code: C001
  • 4-Digit Zip Code: 5722
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $389,404
  • Tax Rate Code Area: 16003

    Appraisal Valuation

  • Standard Deviation: 0.263
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 62
  • Final Value: 103,694
  • High Value: 130,956
  • Low Value: 76,431

    Market Valuation

  • Market Total Value: $98,220
  • Market Land Value: $9,087
  • Market Improvement Value: $89,133

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,740
  • Assessed Land Value: $3,029
  • Assessed Improvements Value: $29,711

    Sales

  • Current Sale Recording Date: Apr 02, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3097
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:

$159,994

Sale Price/ft²

$120

Below Asking

0.03%

Average Days on Market

66

Average Home Size

1361 ft²

Average Home Age

90.5 years

Currently For Sale

50 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: Mark Reum, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 09817925
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 1789 Pierson Parkway built and last sold?
The property at 1789 Pierson Parkway was built in and last sold on Jan 1, 1970 for $45,000.
How much is this home worth?
The estimated value of the home located at 1789 Pierson Parkway is $0.
What are some comparable homes to 1789 Pierson Parkway?
There are currently no comparable homes to 1789 Pierson Parkway.
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