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Kankakee 60964
4975 Northridge Drive
$375,000
● House - Off Market

4975 Northridge Drive

St. Anne, IL 60964
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,300 Ft²
$2,532
Est. Monthly
7.32%
Cap Rate

About This Property

Experience modern sophistication in this breathtaking 4 bedroom, 2.5 bathroom home, perfectly situated on a picturesque 1-acre lot in St. Anne! Boasting 2,300 sq. ft. of beautifully designed living space, this contemporary home offers premium finishes and an open concept layout. The spacious living area flows seamlessly into a sleek, chef-inspired kitchen with stunning backyard views. Unwind in the luxurious primary suite, featuring a spa-like en-suite bath and a generous walk-in closet. Additional highlights include a 3-car garage, convenient main-floor laundry, and a meticulously landscaped yard perfect for outdoor entertaining. Nestled in a peaceful setting near the Kankakee River and Elks Golf Course, this home is a rare find. Schedule your private showing today!
Unit Size
2,300 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$172
Property Type
House
Property Taxes
$592
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: 43,678
  • 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: SHOREWOOD SUB
  • Land Acres: 0000001002
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: SHOREWOOD SUB 3RD ADDN LOT 1 & E 53' LOT 23 EX E 26.5' LOT 1 07-30-12W

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 011200

Zoning

  • Zoning: R1

Geography

  • District: 12
  • Parcel: 12-18-07-313-004
  • Lot: 1,1,23
  • Municipality: AROMA
  • Latitude: 41.0993
  • Longitude: -87.7719

    Address

  • Full Address: 4975 Northridge Dr
  • Address - House Number: 4975
  • Address - Street Name: Northridge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Saint Anne
  • Carrier Code: R003
  • 4-Digit Zip Code: 5446
  • Zip Code: 60964

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $661,004
  • Tax Rate Code Area: 12003

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 325,064
  • High Value: 394,888
  • Low Value: 255,241

    Market Valuation

  • Market Total Value: $284,082
  • Market Land Value: $48,459
  • Market Improvement Value: $235,623

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,694
  • Assessed Land Value: $16,153
  • Assessed Improvements Value: $78,541

    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

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MRED

Listed by: Annie Mitchell, Berkshire Hathaway HomeServices Speckman Realty
Data Source: MRED, MLS# MRD12285103
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 4975 Northridge Drive built and last sold?
The property at 4975 Northridge 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 4975 Northridge Drive is $0.
What are some comparable homes to 4975 Northridge Drive?
There are currently no comparable homes to 4975 Northridge Drive.
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