NOT LISTED FOR SALE

250 N 6th Ave Unit 252 Kankakee, IL 60901

Estimated Value: $103,000 - $153,697

4 Beds
3 Baths
-- Sq Ft
6,229 Sq Ft Lot

Last Sold December 29, 2023

Last sale price $120,000

Est. 14% increase in value since last sale

Current estimated payment $848/month

132 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Heating System
  • Paved or Partially Paved Lot
  • Humidifier
  • Ceiling Fan

About This Home

As of December 2023

Calling all investors! 3 units! Lower Unit: 2 bedrooms, currently rented for $1095+$145 for water, sewer, trash, gas. Upper units have 1 bedroom each, rent for $825+$135 for water, sewer, trash, gas. Tenants pay electric. 1 upper unit is vacant. So many updates! 2020-New furnace. 2022- Hot water heater. Unit one: vinyl plank flooring, paint, trim, 2 new replacement windows, blinds, kitchen & bathroom lighting, new refrigerator & stove. 2023-Front porch sanded & painted. Replaced spindles & wood on stairs & side porch. New exterior front door, exterior basement door, storm door, closet doors, bedroom door and window, plus chimney tuck pointing. Electrical updates in 2023; panels in basement were updated for all units. Unit 1 kitchen lighting electrical. The basement is just waiting to be finished so it too can be an income generating rental. Large fenced yard on site rear parking. Enclosed entrance and walk out balcony for upper units. Basement also has has washer / dryer hookup. 10,000 more additional updates since listed!

Last Agent to Sell the Property

Lynn Randazzo

Berkshire Hathaway HomeServices Speckman Realty License #471020052 Listed on: 08/02/2023

Berkshire Hathaway HomeServices Speckman Realty

Last Buyer's Agent

Shelly Wurzer

Bluebird Realty, Inc. License #475182246

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,467

Year Built

  • Built in 1880

Lot Details

  • Lot Dimensions are 50 x 125
  • Fenced Yard
  • Paved or Partially Paved Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned
  • Assigned Parking

Schools

  • Mark Twain Primary Elementary School
  • Kankakee Junior High School
  • Kankakee High School

Utilities

  • Humidifier
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $2,592
  • Trash Expense $116
  • Water Sewer Expense $1,321

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,467

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1880
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Other Equipment: Humidifier, TV-Cable, CO Detectors, Ceiling Fan(s)
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • Foundation Details: Brick/Mortar, Stone
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: Y

Fee Information

  • Trash Expense: 116
  • Water Sewer Expenses: 1321

Schools

  • Elementary School: Mark Twain Primary School
  • High School: Kankakee High School
  • Middle/Junior School: Kankakee Junior High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50 X 125
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Multi Family

  • Fuel Expense: 2592
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 4466.54
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Dec 26, 2023
Sold by
Affordable Rentals Llc
Bought by
Banys Olga and Banys Rimantas
Seller's Agent
Lynn Randazzo
Berkshire Hathaway HomeServices Speckman Realty
Buyer's Agent
Shelly Wurzer
Bluebird Realty, Inc.
List Price
$135,000
Sold Price
$120,000
Premium/Discount to List
-$15,000
-11.11%
Views
431
Current Estimated Value
$137,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,382
Avg. Annual Appreciation
2.37%
Original Mortgage
$90,000
Outstanding Balance
$88,582
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$37,342

Purchase Details

Listed on
Oct 9, 2019
Closed on
Jan 17, 2020
Sold by
Hinich Jeffrey L
Bought by
Affordable Rentals Llc
Seller's Agent
Lisa Scanlon
McColly Rosenboom
Buyer's Agent
Lynn Randazzo
Berkshire Hathaway HomeServices Speckman Realty
List Price
$69,900
Sold Price
$53,000
Premium/Discount to List
-$16,900
-24.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.98%

Purchase Details

Closed on
Oct 21, 2005
Sold by
Darvin Smith and Darvin Georgeia M
Bought by
Hinich Jeffrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,639
Interest Rate
5.8%
Mortgage Type
New Conventional
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
Banys Olga $120,000 Kankakee County Title
Affordable Rentals Llc $53,000 Community Title
Hinich Jeffrey L $83,000 Kankakee Cnty Title & Tr
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banys Olga $90,000
Previous Owner Hinich Jeffrey L $82,639
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2023 12/29/23 Sold $120,000 -7.6% --
12/13/2023 12/13/23 Pending -- -- --
09/06/2023 09/06/23 Price Changed $129,900 -3.8% --
08/02/2023 08/02/23 For Sale $135,000 +154.7% --
01/17/2020 01/17/20 Sold $53,000 -18.3% -- View Prior Sale
12/19/2019 12/19/19 Pending -- -- --
11/01/2019 11/01/19 Price Changed $64,900 -7.2% --
10/09/2019 10/09/19 For Sale $69,900 -- --
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 $4,984 $42,153 $3,385 $38,768
2023 $4,802 $37,553 $3,016 $34,537
2022 $4,467 $32,869 $2,640 $30,229
2021 $4,216 $29,746 $2,389 $27,357
2020 $3,911 $26,738 $2,147 $24,591
2019 $3,727 $24,872 $1,997 $22,875
2018 $3,589 $23,030 $1,849 $21,181
2017 $4,019 $22,523 $1,808 $20,715
2016 $3,767 $22,082 $1,773 $20,309
2015 $3,639 $22,532 $1,809 $20,723
2014 $3,690 $23,718 $1,809 $21,909
2013 -- $24,706 $1,884 $22,822
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11847487

Midwest Real Estate Data (MRED)

APN: 16-09-32-311-003