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Kankakee 60901
564 S CURTIS Avenue
$212,500
● House - Off Market

564 S CURTIS Avenue

Kankakee, IL 60901
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,350 Ft²
$1,582
Est. Monthly
9.64%
Cap Rate

About This Property

JUST REDUCED~COME TAKE A LOOK AT THIS NICELY RENOVATED 3BD~3BATH HOME WITH FULL(FINISHABLE)BASEMENT AND OVERSIZED 3-CAR GARAGE!FEATURES INCLUDE~OPEN FLR CONCEPT W/WOOD BEAM~REFINISHED HDWD FLRS~LIVING ROOM W/CUSTOM MADE RECESSED INSERT FOR TV/FIREPLACE~KITCHEN W/ALL NEW APPLIANCES THAT STAY~SNACK BAR AREA~BRICK BACKSPLASH~1/2 BATH W/BARN DR~1ST FLR MSTR W/FULL BATH AND WALK IN CLOSET~2 NICE SIZE BEDROOMS UPSTAIRS WITH BUILT INS AND FULL BATH~FULL UNFINISHED BASEMENT THAT CAN BE FINISHED JUST ADDS TO THIS AMAZING HOME~SIDE COVERED PORCH~BRICK PAVED SIDEWALK~CUSTOM MADE WINDOW AWNINGS~ETC~YOU'LL LOVE TO CALL THIS ONE HOME~CALL TODAY FOR MORE DETAILS!
Unit Size
1,350 Ft²
Days on Market
-
Land Size
-
Price per sqft
$163
Property Type
House
Property Taxes
$502
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

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: 7,500
  • 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: WEST KANKAKEE 2ND ADD
  • Land Acres: 0000000172
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: WEST KANKAKEE 2ND ADDN LOT 14 BLK 52 06-30-13W

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 012100

Geography

  • District: 16
  • Parcel: 16-17-06-115-006
  • Block: 52
  • Lot: 14
  • Municipality: KANKAKEE
  • Latitude: 41.1153
  • Longitude: -87.8867

    Address

  • Full Address: 564 S Curtis Ave
  • Address - House Number: 564
  • Street Direction: S
  • Address - Street Name: Curtis
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Kankakee
  • Carrier Code: C017
  • 4-Digit Zip Code: 3227
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $560,596
  • Tax Rate Code Area: 16003

    Appraisal Valuation

  • Standard Deviation: 0.263
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 62
  • Final Value: 161,478
  • High Value: 203,933
  • Low Value: 119,023

    Market Valuation

  • Market Total Value: $141,399
  • Market Land Value: $15,057
  • Market Improvement Value: $126,342

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,133
  • Assessed Land Value: $5,019
  • Assessed Improvements Value: $42,114

    Sales

  • Current Sale Recording Date: Oct 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12435
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:

$162,500

Sale Price/ft²

$121

Below Asking

0.02%

Average Days on Market

66

Average Home Size

1301 ft²

Average Home Age

91.1 years

Currently For Sale

50 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 1317 Sioux Turn, Kankakee, IL, 60901

$2,450 /mo

  • 3 Beds
  • 2 Baths
  • 1,390 ft²
1317 Sioux Turn, Kankakee, IL, 60901 Listing by Azza Tawfik

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Tammy Schultz, McColly Real Estate
Data Source: MRED, MLS# MRD12327298
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 564 South Curtis Avenue built and last sold?
The property at 564 South Curtis Avenue was built in and last sold on Jan 1, 1970 for $90,000.
How much is this home worth?
The estimated value of the home located at 564 South Curtis Avenue is $0.
What are some comparable homes to 564 South Curtis Avenue?
There are currently no comparable homes to 564 South Curtis Avenue.
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