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Kankakee 60901
205 S 1st Street
$168,000
● House - Off Market

205 S 1st Street

Kankakee, IL 60901
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,297 Ft²
$174,020
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

CUTE & UPDATED! Lovely 3BR/1 bath ranch home w/ detached garage and several updates.  The updated kitchen boasts granite countertops, ceramic tile backsplash & beautiful Hickory cabinets for extra storage. Hardwood floors in all the bedrooms & hallway, along with hardwood doors throughout the home. Cozy up to the wood-burning fireplace w/ blower during those cold winter months, then relax on the deck/breezeway just off the kitchen during the warmer seasons. The deck/breezeway leads to the garage as well-as the fenced in backyard. The backyard has a shed, fruit trees, raspberry bushes and hedges have been planted for additional privacy. Neat & tidy stone landscaping in the front. Call today for your showing appointment!
Unit Size
1,297 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$135
Property Type
House
Property Taxes
$203
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 #11787939)

Price History

Date / Event Date Event Price
Aug 3, 2023 Sold
Premium
Sold
May 19, 2023 Listed by Coldwell Banker Realty $175,000
Listed by Coldwell Banker Realty

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: 15,120
  • 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: SOUTH GREENWICH SUB
  • Land Acres: 0000000347
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: SOUTH GREENWICH SUB NH LOT 17 03-30-14W

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • District: 7
  • Parcel: 07-16-03-203-008
  • Lot: 17
  • Municipality: LIMESTONE
  • Latitude: 41.1168
  • Longitude: -87.9279

    Address

  • Full Address: 205 S 1st St
  • Address - House Number: 205
  • Street Direction: S
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: IL
  • City Name: Kankakee
  • Carrier Code: R006
  • 4-Digit Zip Code: 7944
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $257,166
  • Tax Rate Code Area: 7002

    Appraisal Valuation

  • Standard Deviation: 0.2211
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 69
  • Final Value: 159,051
  • High Value: 194,280
  • Low Value: 123,822

    Market Valuation

  • Market Total Value: $160,752
  • Market Land Value: $9,366
  • Market Improvement Value: $151,386

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,584
  • Assessed Land Value: $3,122
  • Assessed Improvements Value: $50,462

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 04, 2023
  • Current Sale Recording Date: Aug 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7306
  • Previous Sale Recording Date: May 09, 2018
  • Previous Sale Contract Date: May 01, 2018
  • Previous Sale Document Type: 55
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

$161

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2047 ft²

Average Home Age

56.7 years

Currently For Sale

199 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: Susan Fisher, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11787939
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 205 South 1st Street built and last sold?
The property at 205 South 1st Street was built in and last sold on Aug 4, 2023 for $168,000.
How much is this home worth?
The estimated value of the home located at 205 South 1st Street is $0.
What are some comparable homes to 205 South 1st Street?
There are currently no comparable homes to 205 South 1st Street.
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