NOT LISTED FOR SALE

221 S Curtis Ave Kankakee, IL 60901

Estimated Value: $172,000 - $270,655

7 Beds
4 Baths
-- Sq Ft
0.29 Acres

Last Sold May 06, 2022

Last sale price $220,000

Est. 8% increase in value since last sale

Current estimated payment $1,487/month

27 Days on Market

About This Home

As of May 2022

This home is located at 221 S Curtis Ave, Kankakee, IL 60901 since 09 March 2022 and is currently estimated at $238,164. This property was built in 1972. 221 S Curtis Ave is a home located in Kankakee County with nearby schools including Kennedy Middle Grade School, Taft Primary School, and Kankakee Junior High School.

Last Agent to Sell the Property

Anthony Spangler

Horvath & Tremblay IL, LLC License #475173833 Listed on: 03/09/2022

Last Buyer's Agent

Ana Sandoval-Cremieux

Compass License #475164047

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,119

Year Built

  • Built in 1972

Lot Details

  • 0.29

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Heating System Uses Natural Gas
  • Private Water Source

Additional Features

  • Partial Basement
  • Lot Dimensions are 160x80

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $390
  • Fuel Expense $2,400
  • Insurance Expense $2,000
  • Maintenance Expense $1,200
  • Trash Expense $1,080
  • Water Sewer Expense $7,800
  • Gross Income $38,100
  • Net Operating Income $1,711

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,119

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1972
  • Age: 41-50 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: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 4

Exterior Features

  • List Price: 237500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 8
  • Number of Cars: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Fee Information

  • Trash Expense: 1080
  • Water Sewer Expenses: 7800

Schools

  • Middle/Junior School District: 111

Lot Info

  • Lot Dimensions: 160X80
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric

Multi Family

  • Net Operating Income: 1711
  • Fuel Expense: 2400
  • Insurance Expense: 2000
  • ElectricExpense: 390
  • GrossIncome: 38100
  • Maintenance Expense: 1200
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 6119
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Apr 27, 2022
Sold by
Francis Jr Alan M
Bought by
Comino Elizabeth
Seller's Agent
Anthony Spangler
Horvath & Tremblay IL, LLC
Buyer's Agent
Ana Sandoval-Cremieux
Compass
List Price
$237,500
Sold Price
$220,000
Premium/Discount to List
-$17,500
-7.37%
Current Estimated Value
$238,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,164
Avg. Annual Appreciation
2.33%
Original Mortgage
$211,105
Outstanding Balance
$200,292
Interest Rate
5.11%
Mortgage Type
FHA
Estimated Equity
$37,872
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
Comino Elizabeth $220,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Comino Elizabeth $211,105
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2022 05/06/22 Sold $220,000 -7.4% --
04/05/2022 04/05/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $237,500 0.0% --
03/24/2022 03/24/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $237,500 +59.4% --
11/09/2018 11/09/18 Sold $149,000 -14.9% -- View Prior Sale
10/10/2018 10/10/18 Pending -- -- --
09/18/2018 09/18/18 Price Changed $175,000 -7.8% --
08/30/2018 08/30/18 For Sale $189,900 +80.9% --
10/16/2015 10/16/15 Sold $105,000 -32.2% -- View Prior Sale
09/18/2015 09/18/15 Pending -- -- --
06/26/2015 06/26/15 For Sale $154,900 -- --
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 $7,798 $65,954 $9,019 $56,935
2023 $7,513 $58,757 $8,035 $50,722
2022 $6,989 $51,429 $7,033 $44,396
2021 $6,596 $46,542 $6,365 $40,177
2020 $6,119 $41,835 $5,721 $36,114
2019 $5,832 $38,916 $5,322 $33,594
2018 $5,615 $36,034 $4,928 $31,106
2017 $6,289 $35,242 $4,820 $30,422
2016 $5,894 $34,550 $4,725 $29,825
2015 $6,326 $39,172 $4,821 $34,351
2014 $6,771 $43,524 $4,821 $38,703
2013 -- $50,376 $5,022 $45,354
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11342818

Midwest Real Estate Data (MRED)

APN: 16-09-31-307-007