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Kankakee 60901
26 MARQUETTE LANE
$285,000
● House - Off Market

26 MARQUETTE LANE

KANKAKEE, IL 60901
bedrooms
5 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
5,000 Ft²
$520,154
RealtyHop Estimate
73.44%
Since Sep 1, 2007
National-US
Primary Model

About This Property

5000 SQ FT 2 STORY FEATURING 2ND STORY ADDITION 5 YEARS AGO. 5 BR, 3.5 BA. FORMAL LR,DR, KT W/SEP EATING AREA, MB, 2ND BR, DEN, SUNROOM, LAUNDRY, 2.1 BA ON MAIN LEVEL.  LARGE WOODED LOT. NEW ROOF, FURNACE,A/C, MUCH OF ELECTRICAL AND PLUMBING WINDOWS WERE ADDED W/ ADDITION.  ALL REPLACED 6 YRS AGO. NEW SEPTIC IN 2005. $7000 flooring credit at closing.
Unit Size
5,000 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$60
Property Type
House
Property Taxes
$433
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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
Garage
Parking Available

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: 65,948
  • 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: SHOREACRES SUB
  • Land Acres: 0000001514
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: SHOREACRES SUB LOT 26 E PT LOT 27 15-30-13W

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 011300

Geography

  • District: 12
  • Parcel: 12-17-15-106-013
  • Lot: 26,27
  • Municipality: AROMA
  • Latitude: 41.0871
  • Longitude: -87.8217

    Address

  • Full Address: 26 Marquette Ln
  • Address - House Number: 26
  • Address - Street Name: Marquette
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Kankakee
  • Carrier Code: R005
  • 4-Digit Zip Code: 5918
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $574,462
  • Tax Rate Code Area: 12004

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 273,105
  • High Value: 331,767
  • Low Value: 214,442

    Market Valuation

  • Market Total Value: $234,075
  • Market Land Value: $51,153
  • Market Improvement Value: $182,922

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,025
  • Assessed Land Value: $17,051
  • Assessed Improvements Value: $60,974

    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:

$234,900

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1857 ft²

Average Home Age

59.1 years

Currently For Sale

196 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 1735 E Duane Boulevard, IL, 60901

$1,050 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
1735 E Duane Boulevard #4, IL, 60901 Listing by Travis Wilson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Susan Schreffler, McColly Bennett Real Estate
Data Source: MRED, MLS# MRD06184197
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 26 Marquette Lane built and last sold?
The property at 26 Marquette Lane 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 26 Marquette Lane is $302,899.
What are some comparable homes to 26 Marquette Lane?
There are currently no comparable homes to 26 Marquette Lane.
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