NOT LISTED FOR SALE

1253 W Station St Kankakee, IL 60901

Estimated Value: $127,000 - $172,000

4 Beds
4 Baths
-- Sq Ft
6,490 Sq Ft Lot

Last Sold June 25, 2015

Last sale price $62,500

Est. 141% increase in value since last sale

Current estimated payment $948/month

22 Days on Market

Highlights

  • 4 Car Detached Garage
  • Paved or Partially Paved Lot
  • 5-minute walk to Kankakee Valley Park District

About This Home

As of June 2015

Great location, nicely remodeled 4 unit building with 4 individual garages in West Kankakee near the river. Extensive repairs include; all units, front porch and basement unit renovation. Over $28,000 in gross income! Building currently licensed and up to code. Turn key operation for a savvy investor, Owner pays all utilities and they are around $5400 a year. GREAT PRICE! AGENT OWNED

Last Agent to Sell the Property

Azza Tawfik

McColly Bennett Real Estate License #475115067 Listed on: 05/05/2015

McColly Bennett Real Estate

Last Buyer's Agent

Azza Tawfik

McColly Bennett Real Estate License #475115067 Listed on: 05/05/2015

McColly Bennett Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50x130
  • Paved or Partially Paved Lot

Parking

  • 4 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Kankakee Junior High School
  • Kankakee High School

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Gross Income $28,620

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 3

Exterior Features

  • List Price: 72500
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Paved

Schools

  • High School: KANKAKEE HIGH SCHOOL
  • Middle/Junior School: KANKAKEE JUNIOR HIGH SCHOOL
  • Middle/Junior School District: 111

Lot Info

  • Lot Dimensions: 50X130
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21
  • TenantPays: None

Multi Family

  • GrossIncome: 28620
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 4267
  • Tax Year: 2013
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2023
Sold by
Home K3 Llc
Bought by
Duncan Homes Inc
Current Estimated Value
$150,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Outstanding Balance
$79,985
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$70,494

Purchase Details

Listed on
May 5, 2015
Closed on
Jun 25, 2015
Sold by
Turco Robert V
Bought by
Home K3 Llc
Seller's Agent
Azza Tawfik
McColly Bennett Real Estate
Buyer's Agent
Azza Tawfik
McColly Bennett Real Estate
List Price
$72,500
Sold Price
$62,500
Premium/Discount to List
-$10,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%
Source: Public Records

Range of Values:

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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
Duncan Homes Inc $110,000 Kankakee County Title
Home K3 Llc $62,500 Community Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duncan Homes Inc $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2015 06/25/15 Sold $62,500 -13.8% --
05/27/2015 05/27/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $72,500 -- --
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 $5,457 $46,161 $5,634 $40,527
2023 $5,258 $41,123 $5,019 $36,104
2022 $4,891 $35,994 $4,393 $31,601
2021 $4,617 $32,574 $3,976 $28,598
2020 $4,283 $29,280 $3,574 $25,706
2019 $4,082 $27,238 $3,325 $23,913
2018 $3,930 $25,221 $3,079 $22,142
2017 $4,402 $24,666 $3,011 $21,655
2016 $4,125 $24,182 $2,952 $21,230
2015 $3,985 $24,675 $3,012 $21,663
2014 $4,274 $27,475 $3,012 $24,463
2013 -- $28,620 $3,138 $25,482
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08913015

Midwest Real Estate Data (MRED)

APN: 16-09-31-409-014