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Kankakee 60901
44 Strasma West Drive
$99,750
● House - Off Market

44 Strasma West Drive

Kankakee, IL 60901
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,388 Ft²
$793
Est. Monthly

About This Property

Exciting opportunity! This frame 2 story offers 4 bedrooms, 2 full baths, and 2 separate garages with parking for 4 cars! This property is waiting for the right owner to unlock its full potential and turn it into a stunning home. With so much potential, this home is ideal for a first-time buyer ready to transform it into a fabulous living space or an investor looking to add to their rental portfolio.
Unit Size
1,388 Ft²
Days on Market
-
Land Size
-
Price per sqft
$72
Property Type
House
Property Taxes
$302
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

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: 10,800
  • 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: NORTH WALDRON ACRES
  • Land Acres: 0000000247
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: NORTH WALDRON ACRES LOT 1 BLK 6 15-30-13W

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • District: 12
  • Parcel: 12-17-15-208-007
  • Block: 6
  • Lot: 1
  • Municipality: AROMA
  • Latitude: 41.0862
  • Longitude: -87.8152

    Address

  • Full Address: 44 Strasma West Dr
  • Address - House Number: 44
  • Address - Street Name: Strasma West
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Kankakee
  • Carrier Code: R005
  • 4-Digit Zip Code: 5940
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $311,780
  • Tax Rate Code Area: 12004

    Appraisal Valuation

  • Standard Deviation: 0.2666
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 62
  • Final Value: 174,088
  • High Value: 220,484
  • Low Value: 127,692

    Market Valuation

  • Market Total Value: $153,117
  • Market Land Value: $18,165
  • Market Improvement Value: $134,952

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,039
  • Assessed Land Value: $6,055
  • Assessed Improvements Value: $44,984

    Exemptions

  • Senior Citizen Exemption : Yes
  • 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 Kankakee

Stats & Trends

Median Asking:

$235,000

Sale Price/ft²

$161

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1740 ft²

Average Home Age

57.7 years

Currently For Sale

208 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

Unit for rent at 1735 E Duane Boulevard, Kankakee, IL, 60901

$1,100 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
1735 E Duane Boulevard #5, Kankakee, IL, 60901 Listing by Travis Wilson
Unit for rent at 755 S Nelson Avenue, Kankakee, IL, 60901

$1,195 /mo

  • 2 Beds
  • 1 Bath
  • 650 ft²
755 S Nelson Avenue #2W, Kankakee, IL, 60901 Listing by Steven Harder

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Daniel Robinson, Crosstown Realtors, Inc.
Data Source: MRED, MLS# MRD12566371
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 44 Strasma Drive built and last sold?
The property at 44 Strasma 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 44 Strasma Drive is $0.
What are some comparable homes to 44 Strasma Drive?
There are currently no comparable homes to 44 Strasma Drive.
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