$90,000
SOLD SEP 15, 2025

227 S Washington Ave Kankakee, IL 60901

3 Beds
3 Baths
-- Sq Ft
1905 Built

Recently Sold

14% Below List Price

25 Days on Market

About This Home

As of September 2025

Recently rehabbed two unit in the Heart of Kankakee. First floor unit boasts High ceilings, spacious living room and kitchen, updated bathroom and two bedrooms with plenty of closet space. The second floor unit has been completely rehabbed in 2022. It is a one bedroom two bathroom unit with a bathroom in the bedroom. Both tenants are on a month to month lease. This is a perfect investment opportunitty for the saavy investor.

Last Agent to Sell the Property

Victor Arteaga

Realty of America, LLC License #475201397 Listed on: 07/24/2025

Realty of America, LLC

Last Buyer's Agent

Renee Bills

Transcend Real Estate LLC License #471017440

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,477

Year Built

  • Built in 1905

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,477

Year Built

Built in 1905

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: On Site, Detached, Garage
  • ParkingTotal: 1

Utilities

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

Lot Info

  • Lot Dimensions: 5227
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2477
  • Tax Year: 2023

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2025
Closed on
Sep 15, 2025
Sold by
Arteaga Victor
Bought by
High Tide Realty Group Llc
Seller's Agent
Victor Arteaga
Realty of America, LLC
Buyer's Agent
Renee Bills
Transcend Real Estate LLC
List Price
$105,000
Sold Price
$90,000
Premium/Discount to List
-$15,000
-14.29%
Views
28
Current Estimated Value
$97,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,440
Avg. Annual Appreciation
26.32%

Purchase Details

Listed on
Aug 19, 2021
Closed on
Dec 21, 2021
Sold by
Armando Lopez
Bought by
Arteaga Victor
Seller's Agent
Dondi Maricle
Berkshire Hathaway HomeServices Speckman Realty
Buyer's Agent
Freddie Ocampo
Realty of America, LLC
List Price
$77,999
Sold Price
$69,000
Premium/Discount to List
-$8,999
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%

Purchase Details

Closed on
Oct 26, 2020
Sold by
Almrayat Mhd M
Bought by
Lopez Armando

Purchase Details

Closed on
Jan 8, 2019
Sold by
Trust No 19 & 09 & 32 & 337 & 013
Bought by
Almrayati Mhd M and Sadaqa Hasan

Purchase Details

Closed on
Sep 18, 2018
Sold by
County Of Kankakee
Bought by
Trust No 16 & 09 & 32 & 337 & 013
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 Type Sale Price Title Company
Warranty Deed $90,000 None Listed On Document
Warranty Deed $69,000 Burnet Title
Quit Claim Deed $50,000 Burnet Title
Quit Claim Deed $50,000 --
Deed -- Schrimpf Stephen P
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes -- Schrimpf Stephen P
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2025 09/15/25 Sold $90,000 -10.0% --
08/18/2025 08/18/25 Pending -- -- --
08/08/2025 08/08/25 Price Changed $100,000 -4.8% --
07/24/2025 07/24/25 For Sale $105,000 +52.2% --
01/06/2022 01/06/22 Sold $69,000 -11.5% -- View Prior Sale
12/07/2021 12/07/21 Pending -- -- --
08/21/2021 08/21/21 For Sale $77,999 -- --
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 $2,571 $21,744 $3,592 $18,152
2023 $2,514 $19,371 $3,200 $16,171
2022 $2,304 $16,955 $2,801 $14,154
2021 $2,175 $15,344 $2,535 $12,809
2020 $2,017 $13,793 $2,279 $11,514
2019 $1,923 $12,831 $2,120 $10,711
2018 $0 $11,620 $1,920 $9,700
2017 $2,074 $11,620 $1,920 $9,700
2016 $1,943 $11,392 $1,882 $9,510
2015 $1,877 $11,624 $1,920 $9,704
2014 $1,902 $12,224 $1,920 $10,304
2013 -- $14,981 $2,000 $12,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12422925

Midwest Real Estate Data (MRED)

APN: 16-09-32-337-013