NOT LISTED FOR SALE

1185 E Merchant St Kankakee, IL 60901

Estimated Value: $72,000 - $86,000

2 Beds
1 Bath
884 Sq Ft
$90/Sq Ft Est. Value

Sale Details

Date Sold: February 1, 2024

Last sale price $70,000 $79 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $541 / mo

53 Days on Market

About This Home

As of February 2024

KANKAKEE - FOR SALE - NEWLY REMODELED 2 BEDROOM/1 BATH HOME. - Move-In Ready and in good condition! Conveniently located near I-57 and downtown Kankakee, this home has a full unfinished basement for extra storage and additional space! New appliances also. Call today!

Last Agent to Sell the Property

Buck Tamblyn

McColly Bennett Real Estate License #475131086 Listed on: 11/15/2023

McColly Bennett Real Estate

Last Buyer's Agent

Cory Wallace

The Wallace Real Estate Group, INC. License #475177424

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,187

Year Built

  • Built in 1920 | Remodeled in 2023

Lot Details

  • Lot Dimensions are 43 x 100
  • Property is zoned SINGL

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 884 Sq Ft Home
  • 2-Story Property
  • Sun or Florida Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • Garage
  • No Garage
  • Gravel Driveway
  • Parking Included in Price

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,187

Year Built

Built in 1920 | Remodeled in 2023

Lot Details

4,269 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 884
  • Room Type: Sun Room
  • Estimated Total Finished Sq Ft: 884
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1768
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Block
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Driveway: Gravel
  • Garage Details: None/NA
  • Garage On-Site: No
  • Garage Ownership: N/A
  • Garage Type: N/A
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 43 X 100
  • Zoning: SINGL
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

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

Tax Info

  • Tax Annual Amount: 1187
  • Tax Year: 2022

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
Nov 15, 2023
Closed on
Jan 22, 2024
Sold by
Bought by
Seller's Agent
Buck Tamblyn
McColly Bennett Real Estate
Buyer's Agent
Cory Wallace
The Wallace Real Estate Group, INC.
List Price
$89,000
Sold Price
$70,000
Premium/Discount to List
-$19,000
-21.35%
Views
88
Current Estimated Value
$79,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,877
Avg. Annual Appreciation
5.61%

Purchase Details

Closed on
May 26, 2023
Sold by
Bought by

Purchase Details

Closed on
May 15, 2019
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
$115,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$70,000 Kankakee County Title
$500,000 Fidelity National Title
$115,000 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
Previous Owner $115,000
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
02/01/2024 02/01/24 Sold $70,000 -16.7% $79 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
11/29/2023 11/29/23 Price Changed $84,000 -5.6% $95 / Sq Ft
11/15/2023 11/15/23 For Sale $89,000 -- $101 / Sq Ft
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 $1,344 $12,716 $1,714 $11,002
2024 $1,344 $11,203 $1,510 $9,693
2023 $1,295 $9,980 $1,345 $8,635
2022 $1,187 $8,735 $1,177 $7,558
2021 $1,120 $7,905 $1,065 $6,840
2020 $1,039 $7,105 $957 $6,148
2019 $990 $6,609 $890 $5,719
2018 $1,505 $9,657 $1,588 $8,069
2017 $1,685 $9,444 $1,553 $7,891
2016 $1,579 $9,259 $1,523 $7,736
2015 $1,526 $9,448 $1,554 $7,894
2014 $1,470 $9,448 $1,554 $7,894
2013 -- $9,842 $1,619 $8,223
Source: Public Records

Agents Affiliated with this Home

  • Buck Tamblyn

    Seller's Agent in 2024

    Buck Tamblyn

    McColly Bennett Real Estate

    (815) 325-2485

    134 Total Sales

    Buck Tamblyn
    Section Image

  • C

    Buyer's Agent in 2024

    Cory Wallace

    The Wallace Real Estate Group, INC.

    (708) 926-5060

    52 Total Sales

    Cory Wallace
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11930831

Midwest Real Estate Data (MRED)

APN: 16-17-05-202-025

Illinois Kankakee County Kankakee 60901

1185 E Merchant St, Kankakee, IL

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.

Midwest Real Estate Data (MRED) 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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