NOT LISTED FOR SALE

1287 E Oak St Kankakee, IL 60901

Estimated Value: $76,000 - $100,351

4 Beds
1 Bath
864 Sq Ft
$109/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $90,000 $104 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $616/month

18 Days on Market

Highlights

  • Living Room
  • Dining Room
  • Family Room
  • Laundry Room

About This Home

As of November 2024

KANKAKEE - FOR SALE - NEWLY REMODELED 4 BEDROOM/1 BATH HOME - Move-In Ready and in good condition! Conveniently located near major thoroughfares and downtown Kankakee, this home has a full unfinished basement for extra storage and additional space! Lots of space in this home! Great for owner occupied, or rental! Call today!

Last Agent to Sell the Property

Buck Tamblyn

McColly Bennett Real Estate License #475131086 Listed on: 08/29/2024

McColly Bennett Real Estate

Last Buyer's Agent

Rory Hertzberg

Village Realty, Inc License #475168321

Village Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,450

Year Built

  • Built in 1935 | Remodeled in 2024

Lot Details

  • Lot Dimensions are 45 x 125
  • Property is zoned SINGL

Home Design

  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,450

Year Built

Built in 1935 | Remodeled in 2024

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1935
  • Age: 81-90 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: 2024
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2024

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • LivingArea: 864
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 864
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1728
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes

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: 45 X 125
  • Zoning: SINGL
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 1450
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Oct 25, 2024
Sold by
Clear Capital Llc
Bought by
Oelschlager Erica
Seller's Agent
Buck Tamblyn
McColly Bennett Real Estate
Buyer's Agent
Rory Hertzberg
Village Realty, Inc
List Price
$85,000
Sold Price
$90,000
Premium/Discount to List
$5,000
5.88%
Views
26
Current Estimated Value
$93,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,838
Avg. Annual Appreciation
3.57%
Original Mortgage
$4,500
Outstanding Balance
$3,075
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$90,763

Purchase Details

Closed on
May 26, 2023
Sold by
Leone Jeffrey
Bought by
Clear Capital Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oelschlager Erica $90,000 Kankakee Title
Clear Capital Llc $500,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oelschlager Erica $4,500
Open Oelschlager Erica $88,369
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2024 11/01/24 Sold $90,000 +5.9% $104 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
08/29/2024 08/29/24 For Sale $85,000 -- $98 / 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 $1,505 $12,726 $1,014 $11,712
2023 $1,450 $11,337 $903 $10,434
2022 $1,348 $9,923 $790 $9,133
2021 $1,273 $8,980 $715 $8,265
2020 $1,181 $8,072 $643 $7,429
2019 $1,125 $7,509 $598 $6,911
2018 $1,083 $6,953 $554 $6,399
2017 $1,213 $6,800 $542 $6,258
2016 $1,249 $7,324 $531 $6,793
2015 $1,207 $7,474 $542 $6,932
2014 $1,163 $7,474 $542 $6,932
2013 -- $7,786 $565 $7,221
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12151102

Midwest Real Estate Data (MRED)

APN: 16-09-33-324-020