NOT LISTED FOR SALE

1265 E Merchant St Kankakee, IL 60901

Estimated Value: $60,000 - $151,000

4 Beds
1 Bath
2,500 Sq Ft
$47/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $37,500 $15 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $742/month

16 Days on Market

About This Home

As of March 2024

INCREDIBLE INVESTMENT OPPORTUNITY - Super sized 4 bedroom, with large 3 car parking pad, and full basement. Priced to Sell! - MUST SEE! Property sold in As-Is condition, Seller makes no repairs - Conveyed with Special Warranty Deed, No Survey provided by Seller and 100% tax proration. Please provide proof of funds and disclosures with ALL OFFERS-

Last Agent to Sell the Property

Ryan Cherney

Circle One Realty License #471019427 Listed on: 03/01/2024

Last Buyer's Agent

Billy Cooper

Pearson Realty Group License #475177282

Pearson Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,425

Lot Details

  • Lot Dimensions are 40x138

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Off-Street Parking
  • Off Alley Parking
  • Parking Included in Price

Schools

  • Steuben Elementary School
  • Kankakee Junior High School
  • Kankakee High School

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,425

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • LivingArea: 2500
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Attic: Dormer,Unfinished

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • OpenParkingSpaces: 3
  • Parking Features: Off Alley, Off Street
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: Other
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Steuben Elementary School
  • High School: Kankakee High School
  • Middle/Junior School: Kankakee Junior High School

Lot Info

  • Lot Dimensions: 40X138
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1425
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Mar 27, 2024
Sold by
Cortezz Llc
Bought by
Byrd Theodore
Seller's Agent
Ryan Cherney
Circle One Realty
Buyer's Agent
Billy Cooper
Pearson Realty Group
List Price
$41,900
Sold Price
$37,500
Premium/Discount to List
-$4,400
-10.5%
Views
73
Current Estimated Value
$116,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,779
Avg. Annual Appreciation
104.67%

Purchase Details

Closed on
Dec 14, 2023
Sold by
County Clerk Of The County Of Kankakee I
Bought by
Cortezz Llc

Purchase Details

Listed on
Jan 26, 2018
Closed on
Mar 14, 2019
Sold by
200357406 Stanley E Jones Ira
Bought by
Randle Shaina
Seller's Agent
Zaneta Sanders
Z Realty Group
Buyer's Agent
Zaneta Sanders
Z Realty Group
List Price
$60,000
Sold Price
$54,000
Premium/Discount to List
-$6,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.55%

Purchase Details

Closed on
Dec 21, 2017
Sold by
Harris Revocable Trust
Bought by
200357406 Stanley E Jones Ira
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Byrd Theodore $37,500 Chicago Title
Cortezz Llc -- None Listed On Document
Randle Shaina $54,000 Fisher Berardi Law
200357406 Stanley E Jones Ira $500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2024 03/28/24 Sold $37,500 -10.5% $15 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $41,900 -22.4% $17 / Sq Ft
05/02/2019 05/02/19 Sold $54,000 0.0% $30 / Sq Ft View Prior Sale
03/03/2019 03/03/19 Pending -- -- --
12/31/2018 12/31/18 Price Changed $54,000 -1.8% $30 / Sq Ft
05/24/2018 05/24/18 Price Changed $55,000 -8.3% $31 / Sq Ft
05/22/2018 05/22/18 For Sale $60,000 +11.1% $33 / Sq Ft
05/14/2018 05/14/18 Off Market $54,000 -- --
02/23/2018 02/23/18 Price Changed $60,000 -7.7% $33 / Sq Ft
02/08/2018 02/08/18 Price Changed $65,000 -3.0% $36 / Sq Ft
01/26/2018 01/26/18 For Sale $67,000 -- $37 / 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 $1,590 $13,445 $2,707 $10,738
2023 $1,555 $11,978 $2,412 $9,566
2022 $1,425 $10,484 $2,111 $8,373
2021 $1,345 $9,487 $1,910 $7,577
2020 $1,247 $8,528 $1,717 $6,811
2019 $1,189 $7,933 $1,597 $6,336
2018 $1,145 $7,346 $1,479 $5,867
2017 $1,282 $7,184 $1,446 $5,738
2016 $1,201 $7,043 $1,418 $5,625
2015 $1,161 $7,187 $1,447 $5,740
2014 $1,118 $7,187 $1,447 $5,740
2013 -- $7,486 $1,507 $5,979
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11993304

Midwest Real Estate Data (MRED)

APN: 16-17-04-100-015