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Limestone 60901
3928 El Camino Drive
$230,000
● House - Off Market

3928 El Camino Drive

Kankakee, IL 60901
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,368 Ft²
$1,441
Est. Monthly
10.20%
Cap Rate

About This Property

Completely Rehabbed Ranch Home in Limestone - Move-In Ready!    Discover this stunning 2023 fully rehabbed ranch-style home in the desirable Limestone area, within the highly rated Herscher School District! This open-concept gem features 3 generously sized bedrooms and a gorgeous updated kitchen with quartz countertops, stainless steel appliances, and modern finishes throughout.    Step outside to enjoy a large fenced backyard, perfect for entertaining, pets, or play. The property also includes a spacious detached 2-car garage, offering ample storage and convenience.    Don't miss this rare opportunity to own a beautifully updated home with modern amenities in a fantastic location!
Unit Size
1,368 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$175
Property Type
House
Property Taxes
$265
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.

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: 15,675
  • 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: RANCHO SUB
  • Land Acres: 0000000359
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: EL RANCHO SUB LOT 8 34-31-11E

Neighborhood

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

Geography

  • District: 7
  • Parcel: 07-08-34-302-024
  • Lot: 8
  • Municipality: LIMESTONE
  • Latitude: 41.1193
  • Longitude: -87.9448

    Address

  • Full Address: 3928 El Camino Dr
  • Address - House Number: 3928
  • Address - Street Name: El Camino
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Kankakee
  • Carrier Code: R004
  • 4-Digit Zip Code: 7747
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $297,382
  • Tax Rate Code Area: 7006

    Appraisal Valuation

  • Standard Deviation: 0.211
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 193,289
  • High Value: 234,145
  • Low Value: 152,432

    Market Valuation

  • Market Total Value: $145,248
  • Market Land Value: $12,672
  • Market Improvement Value: $132,576

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,416
  • Assessed Land Value: $4,224
  • Assessed Improvements Value: $44,192

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 12, 2023
  • Current Sale Recording Date: Oct 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10553
  • Previous Sale Recording Date: Jun 06, 2023
  • Previous Sale Contract Date: May 26, 2023
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: 71
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 Limestone

Stats & Trends

Median Asking:

$229,900

Sale Price/ft²

$179

Above Asking

0.00%

Average Days on Market

59

Average Home Size

1723 ft²

Average Home Age

73.3 years

Currently For Sale

3 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: Andrea Morris, Apex Real Estate Brokerage Inc
Data Source: MRED, MLS# MRD12289475
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 3928 El Camino Drive built and last sold?
The property at 3928 El Camino Drive was built in and last sold on Sep 12, 2023 for $215,000.
How much is this home worth?
The estimated value of the home located at 3928 El Camino Drive is $0.
What are some comparable homes to 3928 El Camino Drive?
There are currently no comparable homes to 3928 El Camino Drive.
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