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Kankakee 60901
715 S Wall Street
$100,000
● House - Off Market

715 S Wall Street

Kankakee, IL 60901
bedrooms
2 Beds
bathrooms
1 Bath
square feet
960 Ft²
$124,281
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Well kept 2 bedroom, 2-story home w/full basement & 2.5 car detached garage located in West Kankakee. This home is located on a large corner lot and features NEWER replacement windows, newer furnace, newer central air, a fenced in yard and even real hardwood floors throughout both the lower level and upstairs! Basement makes for even more storage! All appliances stay! The oversized 2.5 car detached garage is much newer than the home and is perfect for all of those weekend projects! The garage alone is nearly 500 sq ft! Own for cheaper than rent!
Unit Size
960 Ft²
Days on Market
-
Land Size
-
Price per sqft
$120
Property Type
House
Property Taxes
$304
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: 3 years ago (MRED MLS #11270030)

Price History

Date / Event Date Event Price
Jan 8, 2022 Sold
Premium
Sold
Nov 14, 2021 Listed by Coldwell Banker Realty $114,900
Listed by Coldwell Banker Realty

Property Highlights

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: 8,840
  • 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: ENOS SUB
  • Land Acres: 0000000202
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: ENOS SUB LOT 5 BLK 2 06-30-13W

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 012200

Geography

  • District: 16
  • Parcel: 16-17-06-211-006
  • Block: 2
  • Lot: 5
  • Municipality: KANKAKEE
  • Latitude: 41.1136
  • Longitude: -87.8763

    Address

  • Full Address: 715 S Wall St
  • Address - House Number: 715
  • Street Direction: S
  • Address - Street Name: Wall
  • Address - Suffix Type: St
  • State: IL
  • City Name: Kankakee
  • Carrier Code: C013
  • 4-Digit Zip Code: 4772
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $416,840
  • Tax Rate Code Area: 16003

    Appraisal Valuation

  • Standard Deviation: 0.263
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 62
  • Final Value: 125,503
  • High Value: 158,500
  • Low Value: 92,507

    Market Valuation

  • Market Total Value: $105,138
  • Market Land Value: $15,657
  • Market Improvement Value: $89,481

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,046
  • Assessed Land Value: $5,219
  • Assessed Improvements Value: $29,827

    Sales

  • Current Sale Contract Date: Jan 07, 2022
  • Current Sale Recording Date: Jan 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 607
  • Previous Sale Recording Date: Jun 30, 2010
  • Previous Sale Contract Date: Jun 25, 2010
  • Previous Sale Amount: $54,000
  • Previous Sale Document Type: 36
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:

$160,000

Sale Price/ft²

$120

Below Asking

0.03%

Average Days on Market

67

Average Home Size

1383 ft²

Average Home Age

90.8 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

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MRED

Listed by: Lee LaMontagne, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11270030
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 715 South Wall Street built and last sold?
The property at 715 South Wall Street was built in and last sold on Jan 7, 2022 for $110,000.
How much is this home worth?
The estimated value of the home located at 715 South Wall Street is $0.
What are some comparable homes to 715 South Wall Street?
There are currently no comparable homes to 715 South Wall Street.
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