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Kankakee 60901
315 Tedmark Court
$143,900
● House - Off Market

315 Tedmark Court

Kankakee, IL 60901
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,778 Ft²
$134,632
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Move-in ready single family 4 Bedroom, 2.5 bath home.  This beautifully maintained home offers seamless living with its updated features and prime location. Enjoy a hassle-free transition into this inviting property boasting ample space, modern finishes, and a functional layout. Master bedroom has it's own private bathroom! Ample space in the fenced back yard. Beautiful wood deck perfect for those summer BBQ's. Large and spacious family room perfect for entertaining! Convenient access to a major interstate 57. New updates included flooring, paint, kitchen cabinets, countertops, sink, some new windows. This home is a Gem and wont last!! Call today for your private showing!
Unit Size
1,778 Ft²
Days on Market
-
Land Size
-
Price per sqft
$76
Property Type
House
Property Taxes
$210
HOA Dues
-
Year Built
-

Payment Calculator

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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 #11801331)

Price History

Date / Event Date Event Price
Jul 14, 2023 Sold
Premium
Sold
Jun 6, 2023 Listed by RE/MAX Prestige Homes $135,000
Listed by RE/MAX Prestige Homes

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: 7,800
  • 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: CHATEAU MANOR
  • Land Acres: 0000000179
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: CHATEAU MANOR RESUB LOT 10 & N 5' LOT 11 BLK 1 03-30-13W

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 011400

Geography

  • District: 12
  • Parcel: 12-17-03-107-033
  • Block: 1
  • Lot: 10,11
  • Municipality: AROMA
  • Latitude: 41.1159
  • Longitude: -87.8268

    Address

  • Full Address: 315 Tedmark Ct
  • Address - House Number: 315
  • Address - Street Name: Tedmark
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Kankakee
  • Carrier Code: C028
  • 4-Digit Zip Code: 4469
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $252,022
  • Tax Rate Code Area: 12006

    Appraisal Valuation

  • Standard Deviation: 0.2432
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 65
  • Final Value: 107,766
  • High Value: 133,986
  • Low Value: 81,546

    Market Valuation

  • Market Total Value: $62,832
  • Market Land Value: $4,647
  • Market Improvement Value: $58,185

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,944
  • Assessed Land Value: $1,549
  • Assessed Improvements Value: $19,395

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 13, 2023
  • Current Sale Recording Date: Jul 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 6573
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:

$160,000

Sale Price/ft²

$120

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1383 ft²

Average Home Age

90.6 years

Currently For Sale

52 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
Unit for rent at 200 N Crestlane Dr, IL, 60901

$1,132 /mo

  • 2 Beds
  • 1 Bath
200 N Crestlane Dr, IL, 60901 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Monica Pizano, RE/MAX Prestige Homes
Last Updated: 3 years ago
Data Source: MRED, MLS# 11801331
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 315 Tedmark Court built and last sold?
The property at 315 Tedmark Court was built in and last sold on Jul 13, 2023 for $143,900.
How much is this home worth?
The estimated value of the home located at 315 Tedmark Court is $140,089.
What are some comparable homes to 315 Tedmark Court?
There are currently no comparable homes to 315 Tedmark Court.
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