Seller's Agent in 2025
Stephen Styck
Styken Real Estate and Property Management
(815) 781-8060
84 Total Sales
1184 E Merchant St Kankakee, IL 60901
Estimated Value: $252,000 - $263,800
8
Beds
4
Baths
--
Sq Ft
1960
Built
About This Home
As of July 2025Fully Renovated Multi-Unit Property - Turnkey & Income-Producing! Welcome to 1184 E Merchant, where all units have been extensively updated and are move-in ready. Upgrades include a new roof, new siding, updated insulation, and mostly new electrical and plumbing systems. Enjoy brand new porches, exterior doors, luxury brand LVP flooring, plush carpet, fresh interior paint, and all-new light and plumbing fixtures. Bathrooms feature tile tub surrounds and new vanities, while kitchens have updated cabinets and new countertops. Each unit includes a serviced forced-air furnace, with one unit featuring electric baseboard heat. A partial sewer main replacement and added cleanout provide peace of mind for future maintenance. Most appliances have been updated as well. Ideally located just 1/8 mile from interstate access and close to schools, parks, grocery stores, gas stations, and public transportation. A great opportunity to own a fully updated, cash-flowing property in a convenient location!
Last Agent to Sell the Property
Styken Real Estate and Property Management License #471021538 Listed on: 06/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,468
Year Built
- Built in 1960 | Remodeled in 2024
Home Design
- Frame Construction
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
Additional Features
- Crawl Space
- Lot Dimensions are 50x150
- Heating Available
Community Details
- 4 Units
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 11, 2025
Closed on
Jul 11, 2025
Sold by
Bought by
Seller's Agent
Stephen Styck
Styken Real Estate and Property Management
Buyer's Agent
Matoya Tolliver-Brown
Pay It Forward Realty LLC
List Price
$250,000
Sold Price
$265,000
Premium/Discount to List
$15,000
6%
Views
45
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,800
Avg. Annual Appreciation
-3.27%
Original Mortgage
$225,250
Outstanding Balance
$224,463
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
$32,737
Purchase Details
Closed on
Apr 14, 2024
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,770,000
Interest Rate
6.79%
Mortgage Type
Construction
Purchase Details
Closed on
May 26, 2023
Sold by
Bought by
Purchase Details
Listed on
Dec 12, 2018
Closed on
Mar 27, 2019
Sold by
Bought by
Seller's Agent
Buck Tamblyn
McColly Bennett Real Estate
Buyer's Agent
Buck Tamblyn
McColly Bennett Real Estate
List Price
$60,000
Sold Price
$42,000
Premium/Discount to List
-$18,000
-30%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.35%
Original Mortgage
$33,600
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 12, 2018
Closed on
Mar 21, 2019
Sold by
Bought by
Seller's Agent
Buck Tamblyn
McColly Bennett Real Estate
Buyer's Agent
Buck Tamblyn
McColly Bennett Real Estate
List Price
$60,000
Sold Price
$42,000
Premium/Discount to List
-$18,000
-30%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
4.3%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $265,000 | Old Republic Title | ||
| $1,300,000 | Kankakee Title | ||
| $1,480,000 | Fidelity National Title | ||
| $42,000 | Fidelity National Title | ||
| $42,000 | Fidelity National Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $225,250 | ||
| Previous Owner | $1,770,000 | ||
| Previous Owner | $33,600 | ||
| Previous Owner | $33,600 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/29/2025 07/29/25 | Sold | $265,000 | +6.0% | -- | |
| 06/18/2025 06/18/25 | Pending | -- | -- | -- | |
| 06/11/2025 06/11/25 | For Sale | $250,000 | +495.2% | -- | |
| 03/21/2019 03/21/19 | Sold | $42,000 | -30.0% | -- | View Prior Sale |
| 01/18/2019 01/18/19 | Pending | -- | -- | -- | |
| 01/18/2019 01/18/19 | For Sale | $60,000 | +42.9% | -- | |
| 01/02/2019 01/02/19 | Off Market | $42,000 | -- | -- | |
| 12/12/2018 12/12/18 | For Sale | $60,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $5,761 | $54,484 | $4,626 | $49,858 |
| 2024 | $5,761 | $48,004 | $4,076 | $43,928 |
| 2023 | $5,550 | $42,765 | $3,631 | $39,134 |
| 2022 | $4,323 | $31,816 | $2,701 | $29,115 |
| 2021 | $4,801 | $33,874 | $2,876 | $30,998 |
| 2020 | $4,453 | $30,448 | $2,585 | $27,863 |
| 2019 | $2,356 | $15,720 | $2,405 | $13,315 |
| 2018 | $4,087 | $26,226 | $2,227 | $23,999 |
| 2017 | $4,577 | $25,649 | $2,178 | $23,471 |
| 2016 | $4,290 | $25,146 | $2,135 | $23,011 |
| 2015 | $4,144 | $25,660 | $2,179 | $23,481 |
| 2014 | $3,992 | $25,660 | $2,179 | $23,481 |
| 2013 | -- | $26,729 | $2,270 | $24,459 |
Source: Public Records
Agents Affiliated with this Home
-
Stephen Styck
-
Matoya Tolliver-Brown
Buyer's Agent in 2025
Matoya Tolliver-Brown
Pay It Forward Realty LLC
(312) 714-3676
16 Total Sales
-
Buck Tamblyn
Seller's Agent in 2019
Buck Tamblyn
McColly Bennett Real Estate
(815) 325-2485
134 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12379726
APN: 16-17-05-208-012
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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