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Georgetown 61846
403 S Kennedy Drive
$75,000
● House - Off Market

403 S Kennedy Drive

Georgetown, IL 61846
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,250 Ft²
$579
Est. Monthly
34.76%
Cap Rate

About This Property

Set on a spacious lot with mature trees and plenty of open yard, this 3-bedroom, 1.5-bath home offers a wonderful small-town setting with all the needed conveniences nearby. The property features a detached 2-car garage with concrete driveway, a fenced backyard, and inviting outdoor spaces that include a covered patio and a back deck-perfect for gatherings or simply enjoying the fresh country air.    Inside, you'll find hardwood flooring in the bedrooms, a roomy layout, and washer/dryer hookups on both the first floor and in the basement for flexible laundry options.     Whether you're an investor seeking a promising project or a homeowner ready to create a dream space, this home is full of potential. Bring your vision and make it your own in a welcoming small-town community.
Unit Size
1,250 Ft²
Days on Market
-
Land Size
0.73 acres
Price per sqft
$60
Property Type
House
Property Taxes
$210
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
Fireplace

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: 32,670
  • 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: CLKS
  • Land Acres: 0000000750
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: CLKS SUB 32 18 11 EX5'W SDE,188'X170'SW CR L98

Neighborhood

  • School District Name: Georgetown-Ridge Farm Consolidated Unit School District 4
  • Census Tract: 011000

Geography

  • District: GE
  • Parcel: 28-32-400-013
  • Lot: 98
  • Meridian: SEC 32 TWN 18 RNG 11
  • Municipality: GEORGETOWN
  • Latitude: 39.9716
  • Longitude: -87.6269

    Address

  • Full Address: 403 S Kennedy Dr
  • Address - House Number: 403
  • Street Direction: S
  • Address - Street Name: Kennedy
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Georgetown
  • Carrier Code: C001
  • 4-Digit Zip Code: 2003
  • Zip Code: 61846

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $240,514
  • Tax Rate Code Area: GE017

    Appraisal Valuation

  • Standard Deviation: 0.2861
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 42
  • Final Value: 67,607
  • High Value: 86,953
  • Low Value: 48,260

    Market Valuation

  • Market Total Value: $96,093
  • Market Land Value: $13,011
  • Market Improvement Value: $83,082

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,031
  • Assessed Land Value: $4,337
  • Assessed Improvements Value: $27,694

    Exemptions

  • Homeowner Exemption: Yes
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 Georgetown

Stats & Trends

Median Asking:

$80,000

Sale Price/ft²

$59

Below Asking

0.08%

Average Days on Market

112

Average Home Size

1619 ft²

Average Home Age

62 years

Currently For Sale

2 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: Laura Heiser, The Real Estate Group,Inc
Data Source: MRED, MLS# MRD12474415
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 403 South Kennedy Drive built and last sold?
The property at 403 South Kennedy Drive 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 403 South Kennedy Drive is $0.
What are some comparable homes to 403 South Kennedy Drive?
There are currently no comparable homes to 403 South Kennedy Drive.
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