NOT LISTED FOR SALE

1855 Summit Ave Kankakee, IL 60901

Estimated Value: $85,000 - $141,000

2 Beds
1 Bath
1,007 Sq Ft
$112/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $29,000 $29 Per Sq Ft

Est. 290% increase in value since last sale

Current estimated payment $705/month

42 Days on Market

About This Home

As of July 2021

Three bedroom, one bath solid brick one story ranch style home within the City of Kankakee. Property features a one car attached garage. Convenient location close to town and not far from the Interstate 57 exchange. Property eligible for FM First Look Initiative through May 20, 2021. Sold As Is. Seller will not complete any repairs to the subject property. Seller does not pay for or provide survey or survey affidavit. General real estate taxes prorated at 100% of the most recent full tax bill. Offers should be submitted at www auction com. Dual Path bidding cycle event will occur weekly, Tuesday through Thursday.

Last Agent to Sell the Property

Mary Peeken

Berkshire Hathaway HomeServices Speckman Realty License #475130362 Listed on: 04/30/2021

Berkshire Hathaway HomeServices Speckman Realty

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 56 x 117 x 60 x 122
  • Property is zoned SINGL

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,007 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1007
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl,Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

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

  • Lot Size Acres: 0.15
  • Lot Dimensions: 56 X 117 X 60 X 122
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 2920
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2025
Sold by
Tgib Llc
Bought by
Summit-Trust 1855
Current Estimated Value
$113,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,187
Outstanding Balance
$187,227
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
-$74,040

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jul 7, 2021
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Tgib Llc
Seller's Agent
Mary Peeken
Berkshire Hathaway HomeServices Speckman Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$42,900
Sold Price
$29,000
Premium/Discount to List
-$13,900
-32.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.34%

Purchase Details

Closed on
Apr 29, 2021
Sold by
Sheriff Of Kankakee County
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Summit-Trust 1855 -- None Listed On Document
Tgib Llc $29,000 Ginali Associates Pc
Federal Home Loan Mortgage Corporation -- Mccalla Raymer Leibert Pierce
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summit-Trust 1855 $189,187
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2021 07/08/21 Sold $29,000 -32.4% $29 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $42,900 -- $43 / 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 $3,905 $33,027 $3,790 $29,237
2023 $3,762 $29,422 $3,376 $26,046
2022 $3,499 $25,752 $2,955 $22,797
2021 $3,303 $23,305 $2,674 $20,631
2020 $3,064 $20,949 $2,404 $18,545
2019 $2,920 $19,487 $2,236 $17,251
2018 $982 $18,043 $2,070 $15,973
2017 $1,124 $17,646 $2,024 $15,622
2016 $1,075 $17,300 $1,984 $15,316
2015 $1,074 $17,653 $2,024 $15,629
2014 $1,178 $18,573 $2,024 $16,549
2013 -- $19,347 $2,108 $17,239
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mary Peeken

    Berkshire Hathaway HomeServices Speckman Realty

    Section Image

  • N

    Buyer's Agent in 2021

    Non Member

    NON MEMBER

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11072038

Midwest Real Estate Data (MRED)

APN: 16-17-04-402-016

Illinois Kankakee County Kankakee 60901

1855 Summit Ave, Kankakee, IL

Not Listed for Sale

Detached

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