NOT LISTED FOR SALE

1080 S 8th Ave Kankakee, IL 60901

Estimated Value: $143,000 - $180,000

3 Beds
1 Bath
1,300 Sq Ft
$127/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $50,002 $38 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $1,218/month

54 Days on Market

Highlights

  • Formal Dining Room
  • Detached Garage
  • 1-Story Property

About This Home

As of February 2022

CLOSE TO PARKS, SHOPPING, DINING, KANKAKEE RIVER,HOSPITALS. LARGE BACKYARD, GREAT HOME @ A GREAT PRICE.! EHO-HUD OWNED CASE#131-985091. LBP FOR HOMES BUILT BEFORE 1978. INSURED STATUS: IE. SUBJECT TO APPRAISAL. SOLD IN 'AS IS' CONDITION, SELLER MAKES NO WARRANTIES AS TO PROPERTY CONDITION. SELLER MAY CONTRIBUTE UP TO 3% TO BUYER'S CLOSING COST UPON REQUEST. IF THE PROPERTY IS A MANUFACTURED/MODULAR HOME. BUYER MUST PROVIDE THE MANUFACTURING# REQUIRED BY FHA FOR IN & IE PROPERTIES. DO YOUR BEST TO GET THIS INFORMATION.

Last Agent to Sell the Property

Cindy Pease

Pease Real Estate License #471002131 Listed on: 11/02/2021

Last Buyer's Agent

Dondi Maricle

Berkshire Hathaway HomeServices Speckman Realty License #475121783

Berkshire Hathaway HomeServices Speckman Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1950

Lot Details

  • 7,492

Parking

  • Detached Garage
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Stucco

Interior Spaces

  • 1-Story Property
  • Formal Dining Room
  • Unfinished Basement
  • Finished Basement Bathroom

Home Details

Home Type

Single Family

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Ranch
  • Directions: FROM KANKAKEE: S ON WASHINGTON. CROSS RIVER BRIDGE. FOLLOW WASHINGTON TO JEFFERY. TURN W ON JEFFERY. TURN N ON 8TH AVE. HOME ON EAST SIDE OF ST.
  • Lot Size: 50 X 150
  • New Construction: No
  • Ownership: Fee Simple
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1950

Interior Features

  • Appliances: Dishwasher, Washer, Dryer
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Full Bath
  • Other Equipment: Ceiling Fan(s)
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Features: Patio
  • Exterior Building Type: Stucco
  • Other Structures: Storage
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Sidewalks, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 111

Lot Info

  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zoning: SINGL

Rental Info

  • Board Number: 21
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 3371.98
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Feb 24, 2022
Sold by
United States Department Of Housing And
Bought by
Flores Jorge
Seller's Agent
Cindy Pease
Pease Real Estate
Buyer's Agent
Dondi Maricle
Berkshire Hathaway HomeServices Speckman Realty
Sold Price
$50,002
Current Estimated Value
$164,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,642
Avg. Annual Appreciation
36.17%
Original Mortgage
$40,000
Outstanding Balance
$10,701
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$153,943

Purchase Details

Closed on
Aug 2, 2021
Sold by
Sheriff Of Kankakee County
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Mar 19, 2020
Sold by
Jpmorgan Chase Bank National Association
Bought by
Secretary Of Housing And Urban Development
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Flores Jorge -- Kankakee County Title
Jpmorgan Chase Bank National Association $57,670 Heavner Beyers & Mihlar Llc
Secretary Of Housing And Urban Development -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Jorge $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2022 02/25/22 Sold $50,002 0.0% $38 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
12/23/2021 12/23/21 For Sale -- -- --
11/12/2021 11/12/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $50,000 -- $38 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,297 $36,347 $5,634 $30,713
2023 $4,140 $32,380 $5,019 $27,361
2022 $3,170 $28,341 $4,393 $23,948
2021 $3,635 $25,648 $3,976 $21,672
2020 $3,372 $23,054 $3,574 $19,480
2019 $3,214 $21,446 $3,325 $18,121
2018 $2,159 $19,858 $3,079 $16,779
2017 $2,395 $19,421 $3,011 $16,410
2016 $2,224 $19,040 $2,952 $16,088
2015 $2,351 $20,559 $3,012 $17,547
2014 $2,621 $22,844 $3,012 $19,832
2013 -- $25,587 $3,138 $22,449
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11260678

Midwest Real Estate Data (MRED)

APN: 16-17-06-420-007