NOT LISTED FOR SALE

186 W River St Bourbonnais, IL 60914

Estimated Value: $162,000 - $210,000

3 Beds
2 Baths
-- Sq Ft
8,146 Sq Ft Lot

Last Sold December 02, 2014

Last sale price $85,000

Est. 126% increase in value since last sale

Current estimated payment $1,344/month

25 Days on Market

Highlights

  • 2 Car Detached Garage
  • Liberty Intermediate School Rated 9+
  • 2-minute walk to Kankakee River State Park

About This Home

As of December 2014

Well-kept two unit in Bourbonnais close to Olivet. 2nd floor unit has been updated. Two car garage and parking off street. Separate utilities, tenants pay all utilities. Long term tenant in lower unit.

Last Agent to Sell the Property

Susan Schreffler

McColly Bennett Real Estate License #475132484 Listed on: 10/21/2014

McColly Bennett Real Estate

Co-Listed By

Kelly Winterroth

McColly Bennett Real Estate License #475123080

McColly Bennett Real Estate

Last Buyer's Agent

Kelly Winterroth

McColly Bennett Real Estate License #475123080

McColly Bennett Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,206

Year Built

  • Built in 1925

Lot Details

  • 8,146

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Lot Dimensions are 65.5 x 125 x 80 x 143.5
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,206

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Lot Dimensions: 65.5 X 125 X 80 X 143.5
  • Zoning: MULTI
  • 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: 3205.92
  • Tax Year: 2013
  • 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

Closed on
Jul 22, 2022
Sold by
M & W Holdings Of Bourbonnais Llc
Bought by
Mr Rentals Of Kankakee Llc
Current Estimated Value
$191,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$801,387
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
-$616,008

Purchase Details

Closed on
Mar 3, 2021
Sold by
Trust Number 2532
Bought by
M & W Holdings Of Bourbonnais Ll

Purchase Details

Closed on
Jan 2, 2014
Sold by
Beverly Marcotte
Bought by
Municipal Trust & Svgs Bk Tr 2532
Source: Public Records
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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
Mr Rentals Of Kankakee Llc -- Homestar Title
M & W Holdings Of Bourbonnais Ll -- Barmann Bohlen & Scott Pc
Municipal Trust & Svgs Bk Tr 2532 -- Homestar Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mr Rentals Of Kankakee Llc $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2014 12/02/14 Sold $85,000 -5.6% --
11/15/2014 11/15/14 Pending -- -- --
10/21/2014 10/21/14 For Sale $90,000 -- --
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 $4,089 $48,470 $7,629 $40,841
2023 $3,827 $46,343 $7,064 $39,279
2022 $3,020 $35,085 $6,809 $28,276
2021 $2,972 $34,313 $6,659 $27,654
2020 $2,950 $33,395 $6,481 $26,914
2019 $2,895 $32,422 $6,292 $26,130
2018 $2,862 $31,943 $6,199 $25,744
2017 $2,811 $31,164 $6,048 $25,116
2016 $2,764 $30,704 $5,959 $24,745
2015 $2,772 $30,400 $5,900 $24,500
2014 $2,481 $28,330 $6,766 $21,564
2013 -- $37,338 $6,852 $30,486
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08759160

Midwest Real Estate Data (MRED)

APN: 17-09-19-406-012