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Kankakee 60914
577 Westberry Lane
$340,000
● House - Off Market

577 Westberry Lane

Bourbonnais, IL 60914
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,260 Ft²
$2,376
Est. Monthly
8.38%
Cap Rate

About This Property

Turnberry Subdivision 2 story with open Kitchen to the Family room and gas log Fireplace. This home has been recently painted and offers new flooring throughout and is in move in condition! You'll be greeted by the wrap around front porch, the perfect place to enjoy your morning coffee. This Custom-built home offers 2x6 exterior walls, 6 panel oak doors and trim, ceramic tile flooring in the Kitchen, laundry, and baths.  Primary Bedroom with private bath offers double sinks, whirlpool and separate shower. The 2-car garage is extra deep and will hold 3 cars.  Basement is roughed in with a bath and is unfinished.  Deck and front porch rails were stained 2025, Roof 2011. Quiet location just on the edge of town.  This is an "As Is" sale since it is part of an Estate.
Unit Size
2,260 Ft²
Days on Market
-
Land Size
-
Price per sqft
$155
Property Type
House
Property Taxes
$657
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: 11,071
  • 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: TURNBERRY SUB
  • Land Acres: 0000000254
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: TURNBERRY SUB 1ST ADD LOT 52 24-31-11E

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • District: 17
  • Parcel: 17-08-24-107-052
  • Lot: 52
  • Municipality: BOURBONNAIS
  • Latitude: 41.1603
  • Longitude: -87.9134

    Address

  • Full Address: 577 Westberry Ln
  • Address - House Number: 577
  • Address - Street Name: Westberry
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bourbonnais
  • Carrier Code: R002
  • 4-Digit Zip Code: 4580
  • Zip Code: 60914

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $689,442
  • Tax Rate Code Area: 17003

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 366,575
  • High Value: 445,315
  • Low Value: 287,836

    Market Valuation

  • Market Total Value: $281,883
  • Market Land Value: $30,384
  • Market Improvement Value: $251,499

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $93,961
  • Assessed Land Value: $10,128
  • Assessed Improvements Value: $83,833

    Exemptions

  • 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:

$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: Amanda Fedrow, Berkshire Hathaway HomeServices Speckman Realty
Data Source: MRED, MLS# MRD12446480
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 577 Westberry Lane built and last sold?
The property at 577 Westberry Lane 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 577 Westberry Lane is $0.
What are some comparable homes to 577 Westberry Lane?
There are currently no comparable homes to 577 Westberry Lane.
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