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Braidwood 60408
262 W KENNEDY Road
$99,001
● House - Off Market

262 W KENNEDY Road

BRAIDWOOD, IL 60408
bedrooms
3 Beds
bathrooms
1 Bath
$239,520
RealtyHop Estimate
85.67%
Since Apr 1, 2008
National-US
Primary Model

About This Property

HUD FORECLOSURE SALE! CASE #137-272884. SOLD "AS IS" INSURED STATUS:IN. HOME IS VACANT USE HUD KEY. HUD ELECTRONIC AUCTION. DISCLOSURES INCLUDING LBP, PROPERTY CONDITION REPORT, BIDDING PROCEDURES SEE SHOWING INSTRUCTIONS OR CALL L.O. REPAIR DRYWALL;REPLACE WASHING MACHINE SPIGOT. L/D 12/07/07
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$200
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

Parking Available

Building Info

Overview

    General

  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 12,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 2
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHICAGO WILMINGTON COAL CO'S SUB
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: THE E'LY 126 FT OF LOT 26 ( EX THAT PRT LYG S OF A LN 40 FT N OF PARL TO THE S LN OF SW1/4) BLK 46 IN CHICAGO WILMINGTON CO

Neighborhood

  • School District Name: Reed Custer Community Unit School District 255U
  • Census Tract: 884003

Geography

  • Parcel: 02-24-08-306-044
  • Block: 46
  • Lot: 26
  • Meridian: SEC 08 TWN 32N RNG 09E
  • Municipality: REED TWP
  • Latitude: 41.2605
  • Longitude: -88.2209

    Address

  • Full Address: 262 W Kennedy Rd
  • Address - House Number: 262
  • Street Direction: W
  • Address - Street Name: Kennedy
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Braidwood
  • Carrier Code: C001
  • 4-Digit Zip Code: 1901
  • Zip Code: 60408

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $316,642
  • Tax Rate Code Area: 0207

    Appraisal Valuation

  • Standard Deviation: 0.1744
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 201,246
  • High Value: 236,353
  • Low Value: 166,140

    Market Valuation

  • Market Total Value: $155,673
  • Market Land Value: $27,198
  • Market Improvement Value: $128,475

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,891
  • Assessed Land Value: $9,066
  • Assessed Improvements Value: $42,825

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 30, 2017
  • Current Sale Recording Date: Dec 05, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2017094839
  • Previous Sale Recording Date: Oct 20, 2011
  • Previous Sale Contract Date: Oct 12, 2011
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: 71
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 Braidwood

Stats & Trends

Median Asking:

$267,000

Sale Price/ft²

$192

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1187 ft²

Average Home Age

27.7 years

Currently For Sale

23 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 405 E Reed Street, Braidwood, IL, 60408

$1,300 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
405 E Reed Street #9, Braidwood, IL, 60408 Listing by Gino Picciola

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ronald Gersch, RE/MAX Realty of Joliet
Data Source: MRED, MLS# MRD06687164
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 262 West Kennedy Road built and last sold?
The property at 262 West Kennedy Road was built in and last sold on Nov 30, 2017 for $128,500.
How much is this home worth?
The estimated value of the home located at 262 West Kennedy Road is $205,345.
What are some comparable homes to 262 West Kennedy Road?
There are currently no comparable homes to 262 West Kennedy Road.
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