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Kankakee 60901
820 Cobb Boulevard
$94,000
● House - Off Market

820 Cobb Boulevard

KANKAKEE, IL 60901
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,655 Ft²
$155,117
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Located in the Riverview Historic District! Are you in a 2 Story home looking for a single story home? This home could be it! Just 2 blocks from a park with mature trees, swing set, 8 tennis courts on the river and more! This 3 bedroom ranch has a full basement with 2 finished room and extra room for storage. The family room leads to a heated greenhouse which is connected to the attached garage. Current owner remodeled kitchen with newer raised panel cabinets and ceramic floors. MBDR has hardwood floors and a walk-in closet and bathroom. 200 amp circuit breakers. Also ask about the $2500 City of Kankakee downpayment assistance program!
Unit Size
1,655 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$58
Property Type
House
Property Taxes
$324
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #09405633)

Price History

Date / Event Date Event Price
May 23, 2017 Sold
Premium
Sold
Dec 16, 2016 Listed by McColly Bennett Real Estate $96,000
Listed by McColly Bennett Real Estate

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: 7,650
  • 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: RIVERVIEW SUB
  • Land Acres: 0000000175
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: RIVERVIEW SUB N 51' LOT 2 BLK 21 05-30-13W

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 012400

Geography

  • District: 16
  • Parcel: 16-17-05-415-002
  • Block: 21
  • Lot: 2
  • Municipality: KANKAKEE
  • Latitude: 41.11
  • Longitude: -87.8569

    Address

  • Full Address: 820 Cobb Blvd
  • Address - House Number: 820
  • Address - Street Name: Cobb
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Kankakee
  • Carrier Code: C003
  • 4-Digit Zip Code: 5204
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $600,662
  • Tax Rate Code Area: 16008

    Appraisal Valuation

  • Standard Deviation: 0.263
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 62
  • Final Value: 177,021
  • High Value: 223,562
  • Low Value: 130,480

    Market Valuation

  • Market Total Value: $150,981
  • Market Land Value: $23,049
  • Market Improvement Value: $127,932

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,327
  • Assessed Land Value: $7,683
  • Assessed Improvements Value: $42,644

    Sales

  • Current Sale Contract Date: Jun 16, 2021
  • Current Sale Recording Date: Jul 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9231
  • Previous Sale Recording Date: May 24, 2017
  • Previous Sale Contract Date: Apr 14, 2017
  • Previous Sale Amount: $94,000
  • 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:

$159,900

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: , McColly Bennett Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 09405633
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 820 Cobb Boulevard built and last sold?
The property at 820 Cobb Boulevard was built in and last sold on Jun 16, 2021 for $88,000.
How much is this home worth?
The estimated value of the home located at 820 Cobb Boulevard is $102,834.
What are some comparable homes to 820 Cobb Boulevard?
There are currently no comparable homes to 820 Cobb Boulevard.
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