$279,900
●
House -
Off Market
29539 SE FRONTAGE Road
WILMINGTON, IL 60481
3 Beds
2 Baths
2,450 Ft²
$475,120
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model
About This Property
Waterfront property on the Kankakee River! Home sits on 1.2 acres
of secluded land with over 200' of river frontage. Bright and
spacious 2,450 square foot home with heated, 4 car attached garage!
Fluted concrete block construction. Recent updates include new roof
in 2014 and new furnace & air conditioning in 2015. Large
kitchen with ample storage features granite counter tops!
Living room features floor to ceiling windows, herringbone
hardwood design, and custom wet bar. Main level master bedroom has
beautiful water views and access to rear deck. Outdoor amenities
include a covered deck, swim spa, custom stone fire pit, play area,
boating access, fishing, canoeing and more.
Unit Size
2,450 Ft²
Days on Market
-
Land Size
1.20 acres
Price per sqft
$114
Property Type
House
Property Taxes
$344
HOA Dues
-
Year Built
-
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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 #09203887)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 19, 2020 | No longer available | - | |
| No longer available | |||
| Jul 16, 2020 | Listed | $335,000 | |
| Listed | |||
| | |||
|
If privacy and space is what you're after, then this 2,450 square foot home on the Kankakee River is a must see! Sitting on 1.2 acres of secluded land is this 3 bedroom, 2 bath gem. Step out of your first floor master onto the covered deck and sip your morning coffee while taking in the views. Large kitchen features granite countertops with newer Kitchen Aide appliances. Recent updates include: Pelican whole home water filtration system, metal roof, furnace and Samsung washer and dryer. Whether its enjoying the swim spa or cozening up around the fire pit, there's no shortage of entertainment. Plenty of space for your recreational toys in the heated 4 car garage, and minutes from I-55. The manager has listed the unit size as 2450 square feet.
| |||
| Jun 17, 2016 | Sold | ||
| Sold | |||
| Apr 22, 2016 | Listed by @properties | $279,900 | |
| Listed by @properties | |||
Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Jerrick Longest, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 09203887
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09203887
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