NOT LISTED FOR SALE

1224 Arapaho Way Kankakee, IL 60901

Estimated Value: $71,000 - $142,000

0.22 Acre
$498,486 Price per Acre
9,583 Sq Ft Lot

Last Sold February 24, 2023

Last sale price $3,000 $2 Per Sq Ft

Est. 3,556% increase in value since last sale

Current estimated payment $645/month

32 Days on Market

About This Lot

As of February 2023

Vacant residential lot being sold AS IS. CASH buyers only. Buyer to pay for survey if required. All reasonable offers will be considered. There are 4 lots for sale, bundle pricing available for the contiguous lots 1220, 1222, 1224 and 1226 Arapaho.

Last Agent to Sell the Property

Jeffrey Schultz

Kinzie Brokerage LLC License #475156405 Listed on: 01/12/2023

Last Buyer's Agent

Jeffrey Schultz

Kinzie Brokerage LLC License #475156405 Listed on: 01/12/2023

Property Details

Property Type

  • Land

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Property is zoned MULTI

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Unknown (verify)

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 50 X 100
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 793.08
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2023
Sold by
Beard Chris
Bought by
Trust Number 2240
Current Estimated Value
$109,667

Purchase Details

Listed on
Jan 12, 2023
Closed on
Feb 20, 2023
Sold by
Ripple Creek Investors Of Chicago Llc
Bought by
Beard Chris
Seller's Agent
Jeffrey Schultz
Kinzie Brokerage LLC
Buyer's Agent
Jeffrey Schultz
Kinzie Brokerage LLC
List Price
$18,000
Sold Price
$3,000
Premium/Discount to List
-$15,000
-83.33%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
282.99%

Purchase Details

Closed on
Nov 18, 2022
Sold by
County Clerk Of The County Of Kankakee
Bought by
Ripple Creek Investors Of Chicago Llc

Purchase Details

Closed on
Mar 20, 2018
Sold by
Trust No 07 & 08 & 25 & 480 & 002
Bought by
Rivers Angela D and Smith Rickey E
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Trust Number 2240 -- None Listed On Document
Beard Chris $12,000 Proper Title
Ripple Creek Investors Of Chicago Llc -- --
Rivers Angela D -- Schrimpf Stephen P
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2023 02/24/23 Sold $3,000 -83.3% $2 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $18,000 -- $11 / 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 $848 $7,739 $7,739 $0
2023 $829 $7,100 $7,100 $0
2022 $797 $6,559 $6,559 $0
2021 $793 $6,262 $6,262 $0
2020 $787 $6,139 $6,139 $0
2019 $784 $6,033 $6,033 $0
2018 $795 $5,944 $5,944 $0
2017 $2,610 $5,856 $5,856 $0
2016 $2,610 $5,856 $5,856 $0
2015 $2,536 $5,713 $5,713 $0
2014 $2,548 $5,830 $5,830 $0
2013 -- $5,919 $5,919 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11700044

Midwest Real Estate Data (MRED)

APN: 07-08-25-480-002