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Kankakee 60901
Undisclosed Address
$74,000
● House - Off Market

Undisclosed Address

Kankakee, IL 60901
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$152,615
RealtyHop Estimate
70.52%
Since Mar 1, 2007
National-US
Primary Model

About This Property

Needs some TLC but worth it!...Brick ranch with attached garage.  Windows, furnace and A/C have been updated recently.  Loft could be 3rd bedroom...has a buildt-in closet. Corner fireplace gives livingroom a great aire for entertaining.  Large corner lot lined with evergreens and matures trees give plenty of shade. Being sold " as is".
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$75
Property Type
House
Property Taxes
$153
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.

Property Highlights

Air Conditioning
Fireplace
Garage

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: 19,980
  • 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: HAMLYNS SUB
  • Land Acres: 0000000458
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: HAMLYNS SUB LOT 26 EX N 200' 12-30-14W

Neighborhood

  • School District Name: Herscher Community Unit School District 2
  • Census Tract: 012500

Zoning

  • Zoning: R1

Geography

  • District: 16
  • Parcel: 16-16-12-301-003
  • Lot: 26
  • Municipality: KANKAKEE
  • Latitude: 41.0913
  • Longitude: -87.9066

    Address

  • Full Address: 1981 W 2000s Rd
  • Address - House Number: 1981
  • Street Direction: W
  • Address - Street Name: 2000s
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Kankakee
  • Carrier Code: R006
  • 4-Digit Zip Code: 7844
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $340,756
  • Tax Rate Code Area: 16004

    Appraisal Valuation

  • Standard Deviation: 0.2122
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 180,872
  • High Value: 219,351
  • Low Value: 142,392

    Market Valuation

  • Market Total Value: $138,558
  • Market Land Value: $12,795
  • Market Improvement Value: $125,763

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,186
  • Assessed Land Value: $4,265
  • Assessed Improvements Value: $41,921

    Sales

  • Current Sale Contract Date: Jul 14, 2023
  • Current Sale Recording Date: Jul 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6463
  • Previous Sale Recording Date: Feb 14, 2018
  • Previous Sale Amount: $137,000
  • Previous Sale Document Type: 55

    Financing

  • First Mortgage Financing Type: ADJ
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

1865 ft²

Average Home Age

59.9 years

Currently For Sale

198 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 675 S Cannon Avenue, Kankakee, IL, 60901

$1,100 /mo

  • 2 Beds
  • 1 Bath
  • 784 ft²
675 S Cannon Avenue, Kankakee, IL, 60901 Listing by Lisa Sanford

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Anne LaMontagne, Prudential Partners RE
Data Source: MRED, MLS# MRD06152831
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 1981 West 2000S Road built and last sold?
The property at 1981 West 2000S Road was built in and last sold on Jul 14, 2023 for $210,999.
How much is this home worth?
The estimated value of the home located at 1981 West 2000S Road is $195,389.
What are some comparable homes to 1981 West 2000S Road?
There are currently no comparable homes to 1981 West 2000S Road.
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