NOT LISTED FOR SALE

261 S Small Ave Kankakee, IL 60901

Estimated Value: $179,000 - $257,131

7 Beds
4 Baths
-- Sq Ft
0.29 Acres

Last Sold November 11, 2015

Last sale price $70,000

Est. 189% increase in value since last sale

Current estimated payment $1,261/month

64 Days on Market

About This Home

As of November 2015

GREAT PRICE FOR THIS 4 UNIT ALL BRICK BUILDING. THIS WILL NOT LAST LONG

Last Agent to Sell the Property

Richard Smith

Smith's Real Estate Services, License #471000023 Listed on: 08/05/2015

Last Buyer's Agent

Chip Chappell

Berkshire Hathaway HomeServices Speckman Realty License #475137377

Berkshire Hathaway HomeServices Speckman Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 80x160
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Basement

  • Partial Basement
  • Sub-Basement

Parking

  • 10 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned
  • Unassigned Parking

Additional Features

  • 2-Story Property
  • Heating System Uses Steam

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

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
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: Sub-Basement
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 10
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 0

Lot Info

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

Rental Info

  • Board Number: 21
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 4450
  • Tax Year: 2014

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2021
Sold by
Virgil Guimond Mark
Bought by
Martinez Edmando and Martinez Marlen
Current Estimated Value
$202,533

Purchase Details

Listed on
Aug 5, 2015
Closed on
Nov 9, 2015
Sold by
Bank Of New York 2006 & Oa10
Bought by
Guimond Mark
Seller's Agent
Richard Smith
Smith's Real Estate Services,
Buyer's Agent
Chip Chappell
Berkshire Hathaway HomeServices Speckman Realty
List Price
$75,500
Sold Price
$70,000
Premium/Discount to List
-$5,500
-7.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.02%
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 Buyer Sale Price Title Company
Martinez Edmando -- --
Guimond Mark $70,000 Kankakee Cnty Title & Tr
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2015 11/11/15 Sold $70,000 -2.6% --
10/08/2015 10/08/15 Pending -- -- --
09/03/2015 09/03/15 Price Changed $71,900 -4.8% --
08/05/2015 08/05/15 For Sale $75,500 -- --
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 $7,915 $65,954 $9,019 $56,935
2023 $7,626 $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: 09003404

Midwest Real Estate Data (MRED)

APN: 16-09-31-308-009