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Kankakee 60901
Undisclosed Address
$112,000
● House - Off Market

Undisclosed Address

KANKAKEE, IL 60901
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,230 Ft²
$247,093
RealtyHop Estimate
106.08%
Since Jul 1, 2009
National-US
Primary Model
Unit Size
1,230 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$97
Property Type
House
Property Taxes
$76
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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

Garage
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: 37,838
  • 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: GREENWICH SUB
  • Land Acres: 0000000868
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: UN REC S GREENWICH SUB LT 18 0.40AC TR NE COR NEQ 03-30-14W

Neighborhood

  • School District Name: Herscher Community Unit School District 2
  • Census Tract: 010400

Zoning

  • Zoning: R1

Geography

  • District: 7
  • Parcel: 07-16-03-202-001
  • Lot: 18
  • Municipality: LIMESTONE
  • Latitude: 41.1181
  • Longitude: -87.9302

    Address

  • Full Address: 3172 W State Route 17
  • Address - House Number: 3172
  • Street Direction: W
  • Address - Street Name: State Route 17
  • State: IL
  • City Name: Kankakee
  • Carrier Code: R006
  • 4-Digit Zip Code: 8116
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $159,054
  • Tax Rate Code Area: 7002

    Appraisal Valuation

  • Standard Deviation: 0.111
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 88
  • Final Value: 129,752
  • High Value: 144,076
  • Low Value: 115,427

    Market Valuation

  • Market Total Value: $136,665
  • Market Land Value: $16,563
  • Market Improvement Value: $120,102

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,555
  • Assessed Land Value: $5,521
  • Assessed Improvements Value: $40,034

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 16, 2022
  • Current Sale Recording Date: Jul 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7534
  • Previous Sale Recording Date: Jun 12, 2009
  • Previous Sale Contract Date: Jun 10, 2009
  • Previous Sale Amount: $112,000
  • 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

$161

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2058 ft²

Average Home Age

56 years

Currently For Sale

209 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 1317 Sioux Turn, Kankakee, IL, 60901

$2,450 /mo

  • 3 Beds
  • 2 Baths
  • 1,390 ft²
1317 Sioux Turn, Kankakee, IL, 60901 Listing by Azza Tawfik

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sandra Girard, Rosenboom Realty Inc
Data Source: MRED, MLS# MRD06709104
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 3172 West State Rte 17 built and last sold?
The property at 3172 West State Rte 17 was built in and last sold on Jun 16, 2022 for $136,500.
How much is this home worth?
The estimated value of the home located at 3172 West State Rte 17 is $138,293.
What are some comparable homes to 3172 West State Rte 17?
There are currently no comparable homes to 3172 West State Rte 17.
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