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Kankakee 60901
4 Baker Street
$117,900
● House - Off Market

4 Baker Street

Kankakee, IL 60901
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,400 Ft²
$173,467
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

Open concept, very nicely updated Ranch home with inviting covered front porch.  Kitchen open to Living room, Built-in cabinet off Kitchen, separate formal Dining Room.  Lovely Hardwood floors.  Vinyl Thermal pane windows!  Large Sun room with electric baseboard heat.  Privacy fenced backyard is perfect for relaxing and entertaining with a covered patio and fire pit.  Nicely updated Bath.  Excellent starter home or down sizing home.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$82
Property Type
House
Property Taxes
$245
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
Parking Available
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: 10,650
  • 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: WALDRON ACRES 1ST ADD
  • Land Acres: 0000000244
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: WALDRON ACRES 1ST ADDN LOT 8 BLK 2 15-30-13W

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 011300

Zoning

  • Zoning: R1

Geography

  • District: 12
  • Parcel: 12-17-15-416-008
  • Block: 2
  • Lot: 8
  • Municipality: AROMA
  • Latitude: 41.0822
  • Longitude: -87.8119

    Address

  • Full Address: 4 Baker St
  • Address - House Number: 4
  • Address - Street Name: Baker
  • Address - Suffix Type: St
  • State: IL
  • City Name: Kankakee
  • Carrier Code: R005
  • 4-Digit Zip Code: 5901
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $338,744
  • Tax Rate Code Area: 12004

    Appraisal Valuation

  • Standard Deviation: 0.263
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 62
  • Final Value: 166,422
  • High Value: 210,176
  • Low Value: 122,667

    Market Valuation

  • Market Total Value: $146,319
  • Market Land Value: $16,818
  • Market Improvement Value: $129,501

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,773
  • Assessed Land Value: $5,606
  • Assessed Improvements Value: $43,167

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 23, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13807
  • Previous Sale Recording Date: Jul 16, 2019
  • Previous Sale Contract Date: Jul 10, 2019
  • Previous Sale Amount: $120,000
  • 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 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
Data Source: MRED, MLS# MRD10172025
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 4 Baker Street built and last sold?
The property at 4 Baker Street was built in and last sold on Sep 23, 2021 for $138,400.
How much is this home worth?
The estimated value of the home located at 4 Baker Street is $0.
What are some comparable homes to 4 Baker Street?
There are currently no comparable homes to 4 Baker Street.
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