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Kankakee 60901
2773 W 5000 S Road
$225,700
● House - Off Market

2773 W 5000 S Road

Kankakee, IL 60901
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,472 Ft²
$226,885
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Here is your country home with over 4 acres, there is two outbuildings,  There is a three bedroom home with two car attached garage, large kitchen and dining area, very large utility room and living room. This is a hard to find country property in Clifton school district.
Unit Size
1,472 Ft²
Days on Market
-
Land Size
4.11 acres
Price per sqft
$151
Property Type
House
Property Taxes
$232
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 #11677526)

Price History

Date / Event Date Event Price
Apr 5, 2023 Sold
Premium
Sold
Nov 22, 2022 Listed by Smith's Real Estate Services, $223,000
Listed by Smith's Real Estate Services,

Property Highlights

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: 179,032
  • 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: 0000004110
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: TRACT IN SWQ BAL 4.11AC 26-30-14W

Neighborhood

  • School District Name: Central Community Unit School District 4
  • Census Tract: 012600

Zoning

  • Zoning: A1

Geography

  • District: 13
  • Parcel: 13-16-26-300-013
  • Municipality: OTTO
  • Latitude: 41.0471
  • Longitude: -87.9207

    Address

  • Full Address: 2773 W 5000s Rd
  • Address - House Number: 2773
  • Street Direction: W
  • Address - Street Name: 5000s
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Kankakee
  • Carrier Code: R001
  • 4-Digit Zip Code: 7081
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $287,818
  • Tax Rate Code Area: 13002

    Appraisal Valuation

  • Standard Deviation: 0.2272
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 68
  • Final Value: 190,265
  • High Value: 233,523
  • Low Value: 147,008

    Market Valuation

  • Market Total Value: $133,320
  • Market Land Value: $38,202
  • Market Improvement Value: $95,118

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,440
  • Assessed Land Value: $12,734
  • Assessed Improvements Value: $31,706

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 05, 2023
  • Current Sale Recording Date: Apr 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3115
  • Previous Sale Recording Date: May 01, 2019
  • Previous Sale Contract Date: Feb 14, 2014
  • Previous Sale Amount: $111,500
  • Previous Sale Document Type: 36
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

$160

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1772 ft²

Average Home Age

55.3 years

Currently For Sale

205 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: Richard Smith, Smith's Real Estate Services,
Last Updated: 3 years ago
Data Source: MRED, MLS# 11677526
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 2773 West 5000S Road built and last sold?
The property at 2773 West 5000S Road was built in and last sold on Apr 5, 2023 for $225,700.
How much is this home worth?
The estimated value of the home located at 2773 West 5000S Road is $0.
What are some comparable homes to 2773 West 5000S Road?
There are currently no comparable homes to 2773 West 5000S Road.
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