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Limestone 60901
4655 W NANCY Drive
$219,900
● House - Off Market

4655 W NANCY Drive

Kankakee, IL 60901
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,504 Ft²
$1,348
Est. Monthly
11.09%
Cap Rate

About This Property

Spacious raised-step-ranch home that backs up to acres of wooded land. Peaceful and quiet street. Lots of deer and wildlife, all nestled in beautiful Oakdale Acres subdivision, located in Limestone Township.  The home features 3 bedrooms, 3 baths, a full finished basement, and a bonus / sunroom.  Updated kitchen and baths. Hardwood floors throughout main level of home and laminate floors in the basement.  Large fenced-in back yard.  2-car HEATED garage. Herscher / Limestone school districts! It is a short disctnce to Oakdale Acres subdivsion pond, and a close proximity to Limestone Park and other local parks. Easy to show!
Unit Size
2,504 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$88
Property Type
House
Property Taxes
$267
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 #12180342)

Price History

Date / Event Date Event Price
Nov 22, 2024 Sold
Premium
Sold
Oct 26, 2024 In contract -
In contract
Oct 17, 2024 Price Decreased $219,900
↓ $20K (8.3%)
Price Decreased
Oct 3, 2024 Listed by Coldwell Banker Realty $239,900
Listed by Coldwell Banker 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: 10,125
  • 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: OAKDALE ACRES 2ND ADD
  • Land Acres: 0000000232
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: OAKDALE ACRES 2ND ADDN LOT 9 28-31-11E

Neighborhood

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

Geography

  • District: 7
  • Parcel: 07-08-28-303-008
  • Lot: 9
  • Municipality: LIMESTONE
  • Latitude: 41.1363
  • Longitude: -87.9657

    Address

  • Full Address: 4655 W Nancy Dr
  • Address - House Number: 4655
  • Street Direction: W
  • Address - Street Name: Nancy
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Kankakee
  • Carrier Code: R004
  • 4-Digit Zip Code: 7783
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $300,254
  • Tax Rate Code Area: 7006

    Appraisal Valuation

  • Standard Deviation: 0.2211
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 69
  • Final Value: 175,834
  • High Value: 214,781
  • Low Value: 136,887

    Market Valuation

  • Market Total Value: $146,436
  • Market Land Value: $9,021
  • Market Improvement Value: $137,415

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,812
  • Assessed Land Value: $3,007
  • Assessed Improvements Value: $45,805

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 31, 2014
  • Current Sale Recording Date: Aug 01, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 36

    Financing

  • First Mortgage Financing Type: FIX
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: Dawn Olson, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 12180342
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 4655 West Nancy Drive built and last sold?
The property at 4655 West Nancy Drive was built in and last sold on Jul 31, 2014 for $105,000.
How much is this home worth?
The estimated value of the home located at 4655 West Nancy Drive is $0.
What are some comparable homes to 4655 West Nancy Drive?
There are currently no comparable homes to 4655 West Nancy Drive.
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