For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
Check Availability
Kankakee 60901
87 Strasma East Drive
Photo of 87 Strasma East Drive

3

Map

Photo of 87 Strasma East Drive
Photo of 87 Strasma East Drive
$25,000
↓ $5K (16.7%)
● Land - For Sale

87 Strasma East Drive

Kankakee, IL 60901
bedrooms
Studio
bathrooms
0 Bath
$349
Est. Monthly

About This Property

This vacant lot offers a blank canvas to build your next home! Bring your vision and take advantage of this unique opportunity to create something new. This lot has recently been cleared and ready for its next chapter. Utilities are all at site, and septic system is place too. Call TODAY for more details!
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
Land
Property Taxes
$226
HOA Dues
-
Year Built
-

Listed By

Allison Ascher
[email protected]
Coldwell Banker Realty

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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

Parking Details
Has Open Parking
Parking Features: Gravel
Interior Details
Laundry Features: None
Basement: None
Exterior Details
Lot Size Area: 9583.2
Lot Size Units: Square Feet
Lot Size Acres: 0.22
Lot Size Square Feet: 9583.2
Lot Size Dimensions: 80X120
Water Source: Community Water
Financial Details
Tax Annual Amount: $2,708
Utilities Details
Sewer : Septic Tank

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: 9,600
  • 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
  • Land Acres: 0000000220
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: NORTH WALDRON ACRES 2ND LOT 6 BLK 12 15-30-13W

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 011300

Zoning

  • Zoning: R1

Geography

  • District: 12
  • Parcel: 12-17-15-211-006
  • Block: 12
  • Lot: 6
  • Municipality: AROMA
  • Latitude: 41.0879
  • Longitude: -87.8123

    Address

  • Full Address: 87 Strasma East Dr
  • Address - House Number: 87
  • Address - Street Name: Strasma East
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Kankakee
  • Carrier Code: R005
  • 4-Digit Zip Code: 5921
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $236,280
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 12004

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 128,470
  • High Value: 156,065
  • Low Value: 100,875

    Market Valuation

  • Market Total Value: $108,171
  • Market Land Value: $16,152
  • Market Improvement Value: $92,019

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,057
  • Assessed Land Value: $5,384
  • Assessed Improvements Value: $30,673

    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:

$235,000

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1776 ft²

Average Home Age

55 years

Currently For Sale

201 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Allison Ascher, Coldwell Banker Realty
Data Source: MRED, MLS# MRD12706717
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 87 Strasma East Drive built and last sold?
The property at 87 Strasma East Drive 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 87 Strasma East Drive is $25,250.
What are some comparable homes to 87 Strasma East Drive?
There are currently no comparable homes to 87 Strasma East Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Aroma Homes for Sale
Aroma Houses for Sale
Aroma Townhouses for Sale
Aroma Multifamily for Sale
Aroma Land for Sale
Aroma Homes with Basements
Aroma Homes with Pools
Aroma Homes with Parking
Nearby Cities
Kankakee Homes for Sale
Bourbonnais Homes for Sale
Bradley Homes for Sale
Manteno Homes for Sale
Momence Homes for Sale
Limestone Homes for Sale
Grant Park Homes for Sale
St. Anne Homes for Sale
Nearby Property Records
Kankakee County, IL Property Records
Newton County, IN Property Records
Iroquois County, IL Property Records
Jasper County, IN Property Records
Will County, IL Property Records
Grundy County, IL Property Records
Benton County, IN Property Records
Lake County, IN Property Records
Nearby Counties
Bourbonnais Homes for Sale
Kankakee Homes for Sale
Manteno Homes for Sale
Limestone Homes for Sale
Ganeer Homes for Sale
Momence Homes for Sale
Yellowhead Homes for Sale
St. Anne Homes for Sale
Top Real Estate Agents
Top Agents in Aroma
Top Agents in Bourbonnais
Top Agents in 60901
Top Agents in 60914
Top Agents in Kankakee
Top Agents in Kankakee
Top Agents in Bourbonnais
Top Agents in Bradley