Seller's Agent in 2025
Dustin Kooy
Village Realty Inc
(815) 954-1346
165 Total Sales
181 S Small Ave Kankakee, IL 60901
Estimated Value: $405,000 - $449,000
Studio
--
Bath
5,835
Sq Ft
$73/Sq Ft
Est. Value
About This Home
As of April 2025Presenting a rare opportunity to own this all-brick, meticulously maintained 6-unit building on the west side of Kankakee. Property Features: Unit Mix: Four spacious 2-bedroom units and two cozy 1-bedroom units Solid Construction: Fully brick exterior built to last Ample Parking: Expansive concrete parking lot provides plenty of space for tenants and guests. Key Updates: A new roof installed in 2018 and upgraded electrical breaker panels in 2023 This turnkey property is a standout in Kankakee's rental market. Whether you're looking to expand your portfolio or secure a steady income stream, this 6-unit gem is ready to perform. Schedule a tour today and see the potential for yourself!
Last Agent to Sell the Property
Village Realty Inc License #475191164 Listed on: 03/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,318
Year Built
- Built in 1967
Lot Details
- 0.28
Home Design
- Brick Exterior Construction
Interior Spaces
- 5,835 Sq Ft Home
- 3-Story Property
Additional Features
- Lot Dimensions are 80 ' x 150 '
- Central Heating
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $430
- Fuel Expense $3,084
- Insurance Expense $3,000
- Trash Expense $1,020
- Water Sewer Expense $2,100
- Operating Expense $11,592
- Gross Income $64,200
- Net Operating Income $41,290
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2025
Closed on
Apr 29, 2025
Sold by
Bought by
Seller's Agent
Dustin Kooy
Village Realty Inc
Buyer's Agent
Jessica Czaja
Lori Bonarek Realty
List Price
$390,000
Sold Price
$450,000
Premium/Discount to List
$60,000
15.38%
Views
67
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,151
Avg. Annual Appreciation
-4.00%
Original Mortgage
$337,500
Outstanding Balance
$311,838
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$117,011
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $450,000 | Old Republic Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $337,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | Sold | $450,000 | +15.4% | $77 / Sq Ft |
| 03/13/2025 03/13/25 | Pending | -- | -- | -- |
| 03/04/2025 03/04/25 | For Sale | $390,000 | -- | $67 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $11,747 | $112,777 | $9,620 | $103,157 |
| 2024 | $11,747 | $99,363 | $8,476 | $90,887 |
| 2023 | $11,319 | $88,519 | $7,551 | $80,968 |
| 2022 | $10,528 | $77,478 | $6,609 | $70,869 |
| 2021 | $9,937 | $70,116 | $5,981 | $64,135 |
| 2020 | $9,218 | $63,025 | $5,376 | $57,649 |
| 2019 | $8,786 | $58,628 | $5,001 | $53,627 |
| 2018 | $8,459 | $54,286 | $4,631 | $49,655 |
| 2017 | $9,474 | $53,091 | $4,529 | $48,562 |
| 2016 | $8,879 | $52,050 | $4,440 | $47,610 |
| 2015 | $9,530 | $59,015 | $4,531 | $54,484 |
| 2014 | $10,626 | $68,304 | $4,720 | $63,584 |
| 2013 | -- | $80,750 | $5,419 | $75,331 |
Source: Public Records
Agents Affiliated with this Home
-
Dustin Kooy
-
Jessica Czaja
J
Buyer's Agent in 2025
Jessica Czaja
Lori Bonarek Realty
(815) 210-6199
9 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12303366
APN: 16-09-31-304-008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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