NOT LISTED FOR SALE

221 S Small Ave Kankakee, IL 60901

Estimated Value: $203,000 - $327,000

7 Beds
4 Baths
-- Sq Ft
0.29 Acres

Last Sold June 16, 2022

Last sale price $234,999

Est. 18% increase in value since last sale

Current estimated payment $2,089/month

74 Days on Market

About This Home

As of June 2022

This home is located at 221 S Small Ave, Kankakee, IL 60901 since 09 March 2022 and is currently estimated at $276,756. This property was built in 1972. 221 S Small 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

Nayeli Perez

Realty of America, LLC License #475188526

Realty of America, LLC

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 Available
  • Private Water Source

Additional Features

  • Partial Basement
  • Lot Dimensions are 80x160

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $2,800
  • Insurance Expense $2,000
  • Maintenance Expense $1,200
  • Trash Expense $1,080
  • Water Sewer Expense $6,600
  • Gross Income $37,200
  • Net Operating Income $17,731

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
  • Actual Status: Closed
  • 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
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • 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: Electric
  • Water Source: Private

Fee Information

  • Trash Expense: 1080
  • Water Sewer Expenses: 6600

Lot Info

  • Lot Dimensions: 80X160
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric

Multi Family

  • Net Operating Income: 17731
  • Insurance Expense: 2000
  • ElectricExpense: 2800
  • GrossIncome: 37200
  • 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
Jun 8, 2022
Sold by
Francis Jr Alan M
Bought by
Huseman Llc-Small Series
Seller's Agent
Anthony Spangler
Horvath & Tremblay IL, LLC
Buyer's Agent
Nayeli Perez
Realty of America, LLC
List Price
$237,500
Sold Price
$234,999
Premium/Discount to List
-$2,501
-1.05%
Current Estimated Value
$276,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,757
Avg. Annual Appreciation
4.63%
Original Mortgage
$187,999
Outstanding Balance
$58,404
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$218,352

Purchase Details

Closed on
Jun 29, 2018
Sold by
Mark Two Enterprises Llc
Bought by
Francis Alan M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Huseman Llc-Small Series $234,999 Fidelity National Title
Francis Alan M $160,000 Standard Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huseman Llc-Small Series $187,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2022 06/16/22 Sold $234,999 0.0% --
05/23/2022 05/23/22 Pending -- -- --
05/09/2022 05/09/22 Price Changed $234,999 -1.1% --
04/13/2022 04/13/22 For Sale $237,500 0.0% --
03/23/2022 03/23/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $237,500 +150.0% --
01/31/2013 01/31/13 Sold $95,000 0.0% -- View Prior Sale
01/12/2013 01/12/13 Off Market $95,000 -- --
03/27/2012 03/27/12 Pending -- -- --
01/11/2012 01/11/12 For Sale $150,000 -- --
Source: Midwest Real Estate Data (MRED)

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: 11342870

Midwest Real Estate Data (MRED)

APN: 16-09-31-308-007