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Kankakee 60914
1823 Armour Road
Photo of 1823 Armour Road

3

Map

Photo of 1823 Armour Road
Photo of 1823 Armour Road
$150,000
● House - In Contract

1823 Armour Road

Bourbonnais, IL 60914
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,049 Ft²
$1,111
Est. Monthly

About This Property

2 bedroom and 1 bath home on .64 acres.  Zoned C2.  Needs work and being sold as-is.  Across from CSL and next door to public storage facility. Currently occupied by tenants (month to month). SHOWINGS WILL BEGIN WEDNESDAY, JULY 15TH.
Unit Size
1,049 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$143
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
-

Listed By

Dawn Olson
[email protected]
Coldwell Banker Realty

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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.

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Attached, Garage, Yes
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Flooring Type: Hardwood
Rooms: 4
Basement: Unfinished, Full
Exterior Details
Square Footage: 1049
Square Footage Source: $0
Year Built: 1948
Construction Materials: Brick
Lot Size Area: 27878.4
Lot Size Units: Square Feet
Lot Size Acres: 0.64
Lot Size Square Feet: 27878.4
Lot Size Dimensions: 80 x 333
Water Source: Well
Financial Details
Tax Annual Amount: $4,487
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: None

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: 26,860
  • 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: 0000000616
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: TRACT IN WH SWQ BAL 0.64AC 16-31-12E

Neighborhood

  • School District Name: Bradley-Bourbonnais Consolidated High School District 307
  • Census Tract: 010602

Zoning

  • Zoning: C2

Geography

  • District: 17
  • Parcel: 17-09-16-300-049
  • Municipality: BOURBONNAIS
  • Latitude: 41.1629
  • Longitude: -87.8556

    Address

  • Full Address: 1823 Armour Rd
  • Address - House Number: 1823
  • Address - Street Name: Armour
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Bourbonnais
  • Carrier Code: C002
  • 4-Digit Zip Code: 2145
  • Zip Code: 60914

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $340,542
  • Tax Rate Code Area: 17007

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 176,920
  • High Value: 214,922
  • Low Value: 138,918

    Market Valuation

  • Market Total Value: $136,281
  • Market Land Value: $28,494
  • Market Improvement Value: $107,787

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,427
  • Assessed Land Value: $9,498
  • Assessed Improvements Value: $35,929

    Exemptions

  • Homeowner Exemption: Yes
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:

$235,000

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1772 ft²

Average Home Age

55.3 years

Currently For Sale

205 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 1526 Northfield Meadows Boulevard, Bourbonnais, IL, 60914

$2,050 /mo

  • 2 Beds
  • 2 Baths
  • 1,800 ft²
1526 Northfield Meadows Boulevard #2, Bourbonnais, IL, 60914 Listing by Sherri Crawford

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Dawn Olson, McColly Real Estate
Data Source: MRED, MLS# MRD12701239
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 1823 Armour Road built and last sold?
The property at 1823 Armour Road 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 1823 Armour Road is $152,746.
What are some comparable homes to 1823 Armour Road?
There are currently no comparable homes to 1823 Armour Road.
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