$160,000
SOLD JUN 20, 2025
6 Beds
2 Baths
-- Sq Ft
-- Built

Recently Sold

5 Days on Market

About This Home

As of June 2025

This mostly remodeled 2-flat in Kankakee presents an excellent opportunity for investors looking to add to their portfolio or for owner-occupants seeking to generate income toward the mortgage by living in one unit and renting out the other. Both the first and second floor units offer 3 bedrooms and 1 bathroom, and are currently vacant and move-in ready. The upstairs unit has seen significant updates, including brand new luxury vinyl plank flooring throughout, a fully remodeled bathroom with a new tub, updated kitchen cabinetry, and modern appliances, creating a fresh and inviting living space. The first-floor unit features a large eat-in kitchen and direct access to the basement, providing valuable additional storage. The second-floor unit includes attic access, a front balcony for outdoor enjoyment, and a spacious den located just off the kitchen, perfect for use as a home office, playroom, or living room area. Additional property improvements include a new roof installed in 2024 and a recently swept chimney, offering peace of mind to the next owner. Conveniently located near schools, shopping, and commuter routes, this property offers both immediate functionality and long-term investment potential. Call Today for a Private Showing!

Last Agent to Sell the Property

Jake Tazelaar

RE/MAX Ultimate Professionals License #475204296 Listed on: 05/10/2025

RE/MAX Ultimate Professionals

Last Buyer's Agent

Jorge Villegas

Real Broker, LLC License #475188625

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,510

Year Renovated

  • 2024

Parking

  • Parking Included in Price

Home Design

  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Balcony
  • Lot Dimensions are 45x110
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $38,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,510

Year Renovated

2024

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Aluminum Siding
  • ExteriorFeatures: Balcony
  • Foundation Details: Block
  • List Price: 160000
  • Roof: Asphalt
  • Waterfront: No

Utilities

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

Schools

  • Middle/Junior School District: 111

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 45X110
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

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

Multi Family

  • GrossIncome: 38000
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat,2 Story Unit/s

Tax Info

  • Tax Annual Amount: 3510
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2025
Closed on
Jun 20, 2025
Sold by
Ward Dwayne
Bought by
Reyes Cesar
Seller's Agent
Jake Tazelaar
RE/MAX Ultimate Professionals
Buyer's Agent
Jorge Villegas
Real Broker, LLC
List Price
$160,000
Sold Price
$160,000
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-54.01%
Original Mortgage
$152,000
Outstanding Balance
$152,000
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
-$1,640

Purchase Details

Listed on
Jun 27, 2024
Closed on
Jul 30, 2024
Sold by
Clear Capital Kankakee Llc
Bought by
Ward Dwayne
Seller's Agent
Buck Tamblyn
McColly Bennett Real Estate
Buyer's Agent
Jake Tazelaar
RE/MAX Ultimate Professionals
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.13%
Original Mortgage
$93,750
Interest Rate
7.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2023
Sold by
Leone Jeffrey
Bought by
Clear Capital Kankakee Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
6.43%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 15, 2015
Closed on
Dec 9, 2016
Sold by
Signature Five Illinois Reo Ll
Bought by
Caparra Llc Gold Series
Seller's Agent
David Roth
Coldwell Banker Real Estate Group
Buyer's Agent
Buck Tamblyn
McColly Bennett Real Estate
List Price
$75,500
Sold Price
$25,000
Premium/Discount to List
-$50,500
-66.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.17%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $160,000 Landtrust National Title Servi
Warranty Deed $125,000 Kankakee County Title
Warranty Deed $1,480,000 Fidelity National Title
Grant Deed $25,000 Fidelity National Title Insura
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,000 New Conventional
Previous Owner $93,750 New Conventional
Previous Owner $937,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Sold $160,000 0.0% --
05/22/2025 05/22/25 For Sale $160,000 0.0% --
05/15/2025 05/15/25 Pending -- -- --
05/12/2025 05/12/25 Pending -- -- --
05/10/2025 05/10/25 For Sale $160,000 +28.0% --
08/23/2024 08/23/24 Sold $125,000 -10.7% --
07/10/2024 07/10/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $140,000 +460.0% --
12/10/2016 12/10/16 Sold $25,000 -25.4% --
11/05/2016 11/05/16 Pending -- -- --
09/12/2016 09/12/16 Price Changed $33,500 -5.6% --
08/31/2016 08/31/16 Price Changed $35,500 -10.1% --
07/26/2016 07/26/16 Price Changed $39,500 -5.7% --
07/19/2016 07/19/16 Price Changed $41,900 -4.8% --
06/07/2016 06/07/16 Price Changed $44,000 -10.2% --
05/16/2016 05/16/16 Price Changed $49,000 -9.3% --
04/29/2016 04/29/16 Price Changed $54,000 -8.5% --
04/16/2016 04/16/16 Price Changed $59,000 -7.8% --
03/17/2016 03/17/16 Price Changed $64,000 -4.5% --
02/14/2016 02/14/16 Price Changed $67,000 -2.9% --
01/05/2016 01/05/16 Price Changed $69,000 -2.8% --
12/14/2015 12/14/15 Price Changed $71,000 -4.1% --
10/13/2015 10/13/15 Price Changed $74,000 -2.0% --
09/15/2015 09/15/15 For Sale $75,500 -- --
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 $1,880 $15,902 $1,998 $13,904
2023 $1,811 $14,167 $1,780 $12,387
2022 $1,685 $12,400 $1,558 $10,842
2021 $1,590 $11,222 $1,410 $9,812
2020 $1,475 $10,087 $1,267 $8,820
2019 $1,406 $9,384 $1,179 $8,205
2018 $1,354 $8,689 $1,092 $7,597
2017 $1,516 $8,498 $1,068 $7,430
2016 $3,914 $22,944 $1,047 $21,897
2015 $3,781 $23,412 $1,068 $22,344
2014 $3,834 $24,645 $1,068 $23,577
2013 -- $25,671 $1,112 $24,559
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12361946

Midwest Real Estate Data (MRED)

APN: 16-09-32-323-012