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Kankakee 60964
3573 S 4500 E Road
$240,000
● House - Off Market

3573 S 4500 E Road

St. Anne, IL 60964
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$1,692
Est. Monthly
12.28%
Cap Rate

About This Property

Wonderful rural location just outside of Aroma Park!  Just under 1 Acre, this home is still like new.  This home feels extra spacious with 9' ceilings!  Kitchen features Corian countertops, a center island with a snack bar and 2 stools stay.  Neutral flooring throughout and a wonderful split floor plan.  Primary Bedroom with private bath, double vanity and oversized shower.  All doorways are 36" wide, 2x6 exterior walls for added insulation.  Alarm System, water softener, and all appliances stay.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$164
Property Type
House
Property Taxes
$484
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: 2 years ago (MRED MLS #12221035)

Price History

Date / Event Date Event Price
Jan 3, 2025 Sold
Premium
Sold
Dec 4, 2024 Listed by Berkshire Hathaway HomeServices Speckman Realty $245,900
Listed by Berkshire Hathaway HomeServices Speckman Realty

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: 25,264
  • 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: 0000000579
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: WH SEQ S 132' OF N 396' OF E 330' BAL .90AC 24-30-13W

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 011200

Zoning

  • Zoning: A1

Geography

  • District: 12
  • Parcel: 12-17-24-400-012
  • Municipality: AROMA
  • Latitude: 41.0697
  • Longitude: -87.7816

    Address

  • Full Address: 3573 S 4500e Rd
  • Address - House Number: 3573
  • Street Direction: S
  • Address - Street Name: 4500e
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Saint Anne
  • Carrier Code: R001
  • 4-Digit Zip Code: 4001
  • Zip Code: 60964

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $549,364
  • Tax Rate Code Area: 12003

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 230,649
  • High Value: 280,192
  • Low Value: 181,106

    Market Valuation

  • Market Total Value: $205,317
  • Market Land Value: $11,616
  • Market Improvement Value: $193,701

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,439
  • Assessed Land Value: $3,872
  • Assessed Improvements Value: $64,567
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:

$239,000

Sale Price/ft²

$162

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1694 ft²

Average Home Age

58.6 years

Currently For Sale

203 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: Amanda Fedrow, Berkshire Hathaway HomeServices Speckman Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 12221035
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 3573 South 4500 E Road built and last sold?
The property at 3573 South 4500 E Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3573 South 4500 E Road is $0.
What are some comparable homes to 3573 South 4500 E Road?
There are currently no comparable homes to 3573 South 4500 E Road.
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