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Kankakee 60914
3319 N 2320W Road
$150,000
● House - Off Market

3319 N 2320W Road

Bourbonnais, IL 60914
bedrooms
2 Beds
bathrooms
1 Bath
square feet
936 Ft²
$214,936
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

O. H. CANCELED. CONTRACT ACCEPTED 8/8/2020. The value is in the land and the house is an extra!  PRIME, PRIME, PRIME - 2 acres of densely wooded land and full of wildlife! The back yard and the rest of the property come to life with the sounds of nature.  It's like living in a forest preserve or state park right in town!  The property is located a little west and north of Turnberry subdivision. Check out the back yard and property tour on YouTube by searching by address.    Home features an enclosed front porch, 2 bedrooms, 1 bath and a full basement.  Home needs minor repairs and some updating.  2 car garage has good bones but needs some work. NEW FURNACE AND ROOF 2016. WATER HEATER 2010. 200 AMP ELECTRIC UPGRADE. Cash or conventional mortgage financing only.
Unit Size
936 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$170
Property Type
House
Property Taxes
$181
HOA Dues
-
Year Built
-

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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.

Last updated: 2 years ago (MRED MLS #10778780)

Price History

Date / Event Date Event Price
Sep 11, 2020 Sold
Premium
Sold
Jul 11, 2020 Listed by eXp Realty, LLC $159,000
Listed by eXp Realty, LLC

Property Highlights

Garage

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: 86,684
  • 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: FRED MANN SUB
  • Land Acres: 0000001990
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: FRED MANN SUB LOT 1 14-31-11E

Neighborhood

  • School District Name: Bourbonnais School District 53
  • Census Tract: 010500

Zoning

  • Zoning: R1

Geography

  • District: 17
  • Parcel: 17-08-14-401-001
  • Lot: 1
  • Municipality: BOURBONNAIS
  • Latitude: 41.1668
  • Longitude: -87.92

    Address

  • Full Address: 3319 N 2320w Rd
  • Address - House Number: 3319
  • Street Direction: N
  • Address - Street Name: 2320w
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Bourbonnais
  • Carrier Code: R002
  • 4-Digit Zip Code: 4268
  • Zip Code: 60914

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $371,302
  • Tax Rate Code Area: 17023

    Appraisal Valuation

  • Standard Deviation: 0.2056
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 202,839
  • High Value: 244,616
  • Low Value: 161,063

    Market Valuation

  • Market Total Value: $161,037
  • Market Land Value: $70,182
  • Market Improvement Value: $90,855

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,679
  • Assessed Land Value: $23,394
  • Assessed Improvements Value: $30,285

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 11, 2020
  • Current Sale Recording Date: Sep 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: 11128
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

56

Average Home Size

1755 ft²

Average Home Age

56.8 years

Currently For Sale

210 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

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MRED

Listed by: Dawn Olson, eXp Realty, LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 10778780
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 3319 North 2320W Road built and last sold?
The property at 3319 North 2320W Road was built in and last sold on Sep 11, 2020 for $150,000.
How much is this home worth?
The estimated value of the home located at 3319 North 2320W Road is $0.
What are some comparable homes to 3319 North 2320W Road?
There are currently no comparable homes to 3319 North 2320W Road.
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