NOT LISTED FOR SALE

1395 S Kensington Ave Kankakee, IL 60901

Estimated Value: $81,000 - $142,000

3 Beds
2 Baths
-- Sq Ft
0.26 Acres

Last Sold April 10, 2023

Last sale price $54,000

Est. 112% increase in value since last sale

Current estimated payment $749/month

57 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Porch

About This Home

As of April 2023

Investment Opportunity! 2 story - 2 unit home located on corner lot in Kankakee. Main unit is 2 bedroom 1 bath with large front wooden porch great for entertaining. Second unit is 1 bed, 1 bath. Off street parking in front. Large yard. Full unfinished basement with exterior access. Close to downtown, Kankakee Community College and interstate access near by. Sold As Is * Calendar Days 1-7: No offers will be considered for the first 7 calendar days. "See attachment for PAS requirements and WFHM offer submittal information in MLS document section. Please submit all offers to the listing broker/agent. To report any concerns with a listing broker/agent, or to report any property condition or other concern needing escalation (including concerns related to a previously submitted offer), please call agent.

Last Agent to Sell the Property

Heather Jones

Berkshire Hathaway HomeServices Speckman Realty License #475163637 Listed on: 01/11/2023

Berkshire Hathaway HomeServices Speckman Realty

Last Buyer's Agent

Cindy Olson-Purdy

Berkshire Hathaway HomeServices Speckman Realty License #471005118

Berkshire Hathaway HomeServices Speckman Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 52x214x50x229
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Traditional Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Additional Features

  • Porch
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1906
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Block, Concrete Perimeter
  • List Price: 55900
  • Lot Features: Corner Lot, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 111

Lot Info

  • Lot Size Acres: 0.26
  • Lot Dimensions: 52X214X50X229
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: U

Rental Info

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

Tax Info

  • Tax Annual Amount: 3195.02
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Mar 20, 2023
Sold by
Us Bank National Association Fbo Bank Of
Bought by
3Rd Generation Management & Holdings Llc
Seller's Agent
Heather Jones
Berkshire Hathaway HomeServices Speckman Realty
Buyer's Agent
Cindy Olson-Purdy
Berkshire Hathaway HomeServices Speckman Realty
List Price
$66,900
Sold Price
$54,000
Premium/Discount to List
-$12,900
-19.28%
Views
221
Current Estimated Value
$114,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,506
Avg. Annual Appreciation
41.13%
Original Mortgage
$43,200
Outstanding Balance
$41,005
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$77,445

Purchase Details

Closed on
Nov 3, 2022
Sold by
Sheriff Of Kankakee County
Bought by
Us Bank National Association Fbo Bank Of Amer
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
3Rd Generation Management & Holdings Llc $54,000 Boston National Title
Us Bank National Association Fbo Bank Of Amer -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3Rd Generation Management & Holdings Llc $43,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $54,000 -3.4% --
03/10/2023 03/10/23 Pending -- -- --
02/16/2023 02/16/23 Price Changed $55,900 -16.4% --
01/11/2023 01/11/23 For Sale $66,900 -- --
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 $3,776 $31,904 $3,700 $28,204
2023 $3,639 $28,422 $3,296 $25,126
2022 $3,385 $24,877 $2,885 $21,992
2021 $3,195 $22,513 $2,611 $19,902
2020 $2,964 $20,236 $2,347 $17,889
2019 $2,825 $18,824 $2,183 $16,641
2018 $2,721 $17,429 $2,021 $15,408
2017 $3,047 $17,046 $1,977 $15,069
2016 $2,855 $16,712 $1,938 $14,774
2015 $2,759 $17,054 $1,978 $15,076
2014 $2,789 $17,897 $1,978 $15,919
2013 -- $18,642 $2,060 $16,582
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11698927

Midwest Real Estate Data (MRED)

APN: 16-17-07-205-020