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Kankakee 60914
5140 N 4300W. Road
$116,500
● House - Off Market

5140 N 4300W. Road

Bourbonnais, IL 60914
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,000 Ft²
$1,049
Est. Monthly
18.39%
Cap Rate

About This Property

Multiple offers received  Highest and best called for by July,2,2025 by 1 pm   Great location! Large lot over 1/2 acre of land! Fixer upper that will be a great home, so much potential trilevel with 3 bedrooms, 11/2 bath, fireplace, new roof, huge 2 car detached garage, Close to the Kankakee River and State Park. No inspections or survey paid by sellers. Sold as is, cash only or rehab loans
Unit Size
2,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$58
Property Type
House
Property Taxes
$484
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: 20,178
  • 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
  • Land Acres: 0000000463
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: TOWN OF ALTORF LOT 6 EX N 2' & S 37' LOT 7 BLK 4 4-31-11E

Neighborhood

  • School District Name: Bourbonnais School District 53
  • Census Tract: 010500

Zoning

  • Zoning: A1

Geography

  • District: 17
  • Parcel: 17-08-04-403-007
  • Block: 4
  • Lot: 6,7
  • Municipality: BOURBONNAIS
  • Latitude: 41.1931
  • Longitude: -87.9612

    Address

  • Full Address: 5140 N 4300w Rd
  • Address - House Number: 5140
  • Street Direction: N
  • Address - Street Name: 4300w
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Bourbonnais
  • Carrier Code: R001
  • 4-Digit Zip Code: 4115
  • Zip Code: 60914

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $441,044
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 17023

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 224,203
  • High Value: 272,362
  • Low Value: 176,045

    Market Valuation

  • Market Total Value: $205,416
  • Market Land Value: $22,830
  • Market Improvement Value: $182,586

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,472
  • Assessed Land Value: $7,610
  • Assessed Improvements Value: $60,862

    Sales

  • Current Sale Contract Date: Apr 29, 2005
  • Current Sale Recording Date: May 17, 2005
  • 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 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: Azza Tawfik, McColly Bennett Real Estate
Data Source: MRED, MLS# MRD12401750
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 5140 North 4300W Road built and last sold?
The property at 5140 North 4300W Road was built in and last sold on Apr 29, 2005 for $162,500.
How much is this home worth?
The estimated value of the home located at 5140 North 4300W Road is $127,696.
What are some comparable homes to 5140 North 4300W Road?
There are currently no comparable homes to 5140 North 4300W Road.
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