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Kankakee 60901
632 N Hammes Avenue
$105,000
● House - Off Market

632 N Hammes Avenue

Kankakee, IL 60901
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,596 Ft²
$764
Est. Monthly
30.29%
Cap Rate

About This Property

Welcome to 632 N Hammes! This delightful 4-bedroom, 1.5-bathroom home is nestled in the sought-after Marycrest subdivision. Featuring an open kitchen and living room area. 1-car attached garage, new carpet, freshly painted, newer water heater, and newer vinyl windows. Don't miss the opportunity to make this beautiful property your new home!
Unit Size
1,596 Ft²
Days on Market
-
Land Size
-
Price per sqft
$69
Property Type
House
Property Taxes
$223
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 #12137049)

Price History

Date / Event Date Event Price
Sep 26, 2024 Sold
Premium
Sold
Aug 22, 2024 In contract -
In contract
Aug 13, 2024 Listed by Village Realty Inc $109,999
Listed by Village Realty Inc

Property Highlights

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: 9,744
  • 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: MARYCREST 4TH ADD
  • Land Acres: 0000000223
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: MARYCREST 4TH ADDN LOT 10 BLK 4 33-31-12E

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 011500

Geography

  • District: 16
  • Parcel: 16-09-33-431-001
  • Block: 4
  • Lot: 10
  • Municipality: KANKAKEE
  • Latitude: 41.1261
  • Longitude: -87.8366

    Address

  • Full Address: 632 N Hammes Ave
  • Address - House Number: 632
  • Street Direction: N
  • Address - Street Name: Hammes
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Kankakee
  • Carrier Code: C024
  • 4-Digit Zip Code: 2720
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $249,418
  • Tax Rate Code Area: 16003

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 91,723
  • High Value: 111,424
  • Low Value: 72,021

    Market Valuation

  • Market Total Value: $62,886
  • Market Land Value: $7,380
  • Market Improvement Value: $55,506

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,962
  • Assessed Land Value: $2,460
  • Assessed Improvements Value: $18,502
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:

$159,944

Sale Price/ft²

$120

Below Asking

0.03%

Average Days on Market

64

Average Home Size

1211 ft²

Average Home Age

93 years

Currently For Sale

55 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: Dustin Kooy, Village Realty Inc
Last Updated: 2 years ago
Data Source: MRED, MLS# 12137049
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 632 North Hammes Avenue built and last sold?
The property at 632 North Hammes Avenue 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 632 North Hammes Avenue is $0.
What are some comparable homes to 632 North Hammes Avenue?
There are currently no comparable homes to 632 North Hammes Avenue.
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