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Braidwood 60408
273 KENNEDY Road
$220,000
● House - Off Market

273 KENNEDY Road

Braidwood, IL 60408
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,520 Ft²
$235,394
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

THIS IS THE BEST BUY IN BRAIDWOOD! THIS 3 BEDROOM, 2 BATH, RANCH HOME SITS ON ALMOST A 1/2 ACRE LOT AND BACKS TO OPEN SPACE. YOU'LL BE GREETED BY A DARLING COVERED FRONT PORCH. A SPACIOUS FAMILY ROOM IS OPEN TO A LARGE DINE IN KITCHEN WITH WET BAR. THE MASTER BEDROOM HAS A PRIVATE BATH WITH DUAL SINKS, AND IS SEPARATE FROM THE OTHER BEDROOMS. THE OVERSIZED 24X24 GARAGE OFFERS PLENTY OF STORAGE.  ENJOY QUIET NIGHTS ON THE BACK DECK WITH A FENCED IN YARD WITH ABOVE GROUND POOL. LOW TAXES, CLOSE TO I55.  THIS IS AN AS IS SALE.
Unit Size
1,520 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$155
Property Type
House
Property Taxes
$310
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.

Last updated: 3 years ago (MRED MLS #11765091)

Price History

Date / Event Date Event Price
Jun 23, 2023 Sold
Premium
Sold
May 18, 2023 Listed by Baird & Warner Real Estate $235,000
Listed by Baird & Warner Real Estate

Property Highlights

Air Conditioning

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: 20,909
  • 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: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: THAT PRT OF THE NW1/4 OF SEC. 17, T32N-R9E DAF: COMM AT A PT ON THE N LN OF SD NW1/4, WHICH PT IS 1433.50 FT E FROM THE NW CO

Neighborhood

  • School District Name: Reed Custer Community Unit School District 255U
  • Census Tract: 884004

Geography

  • Parcel: 02-24-17-101-028
  • Meridian: SEC 17 TWN 32N RNG 09E
  • Municipality: REED TWP
  • Latitude: 41.2599
  • Longitude: -88.2212

    Address

  • Full Address: 273 W Kennedy Rd
  • Address - House Number: 273
  • Street Direction: W
  • Address - Street Name: Kennedy
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Braidwood
  • Carrier Code: C001
  • 4-Digit Zip Code: 1902
  • Zip Code: 60408

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $371,982
  • Tax Rate Code Area: 0207

    Appraisal Valuation

  • Standard Deviation: 0.1744
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 244,487
  • High Value: 287,136
  • Low Value: 201,838

    Market Valuation

  • Market Total Value: $194,934
  • Market Land Value: $27,198
  • Market Improvement Value: $167,736

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,978
  • Assessed Land Value: $9,066
  • Assessed Improvements Value: $55,912

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 14, 2023
  • Current Sale Recording Date: Jun 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 31773
  • Previous Sale Recording Date: Jan 08, 2003
  • Previous Sale Contract Date: Dec 13, 2002
  • Previous Sale Amount: $145,500
  • 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:

$269,900

Sale Price/ft²

$193

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1178 ft²

Average Home Age

24.7 years

Currently For Sale

21 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: Michelle Carr, Baird & Warner Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11765091
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 273 West Kennedy Road built and last sold?
The property at 273 West Kennedy Road was built in and last sold on Jun 14, 2023 for $220,000.
How much is this home worth?
The estimated value of the home located at 273 West Kennedy Road is $0.
What are some comparable homes to 273 West Kennedy Road?
There are currently no comparable homes to 273 West Kennedy Road.
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