NOT LISTED FOR SALE

266 W Chestnut St Kankakee, IL 60901

Estimated Value: $57,000 - $237,000

7 Beds
3 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold December 31, 2021

Last sale price $195,000

Est. 19% decrease in value since last sale

Current estimated payment $1,216/month

4 Days on Market

About This Home

As of December 2021

Great investment opportunity! 4 unit building fully rented! all units are 2 bed one bath rented for 750 each. Low maintenance brick exterior, vinyl windows with a newer roof! Also included is a 2 car garage. This building was completely gutted and remodeled down to the studs and back in 2015! All new drywall, plumbing, and electrical. All units have been converted to electric heat, electric hot water, and electric stove. None of the units use gas and the owner pays for water, sewer, and garbage. This building is cash flowing and ready to go! don't miss out schedule your private showing today!

Last Agent to Sell the Property

Paul Kirkpatrick

Exclusive Realtors License #475.183817 Listed on: 12/01/2021

Last Buyer's Agent

Todd McCain

HomeSmart Realty Group License #475167400

HomeSmart Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,668

Year Built

  • Built in 1971 | Remodeled in 2015

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 100 x 100

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,668

Year Built

Built in 1971 | Remodeled in 2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1971
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 100 X 100
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 3668.02
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Dec 29, 2021
Sold by
First Nations Bank Fbo Bank Of Bourbonna
Bought by
Koser Group Holdings Llc
Seller's Agent
Paul Kirkpatrick
Exclusive Realtors
Buyer's Agent
Todd McCain
HomeSmart Realty Group
List Price
$184,900
Sold Price
$195,000
Premium/Discount to List
$10,100
5.46%
Current Estimated Value
$157,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,924
Avg. Annual Appreciation
-5.50%

Purchase Details

Closed on
Dec 14, 2018
Sold by
Cobb Rentals Llc
Bought by
Trust 25 & 1124
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Koser Group Holdings Llc $195,000 Alliance Title
Trust 25 & 1124 $35,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2021 12/31/21 Sold $195,000 0.0% --
12/07/2021 12/07/21 Pending -- -- --
12/03/2021 12/03/21 Off Market $195,000 -- --
12/02/2021 12/02/21 For Sale $184,900 +584.8% --
09/02/2015 09/02/15 Sold $27,000 -32.3% -- View Prior Sale
07/22/2015 07/22/15 Pending -- -- --
07/11/2015 07/11/15 Price Changed $39,900 -20.0% --
06/26/2015 06/26/15 Price Changed $49,900 -9.1% --
06/25/2015 06/25/15 Price Changed $54,900 -8.3% --
06/01/2015 06/01/15 For Sale $59,900 -- --
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 $4,674 $39,537 $7,407 $32,130
2023 $4,504 $35,223 $6,599 $28,624
2022 $4,189 $30,830 $5,776 $25,054
2021 $3,954 $27,900 $5,227 $22,673
2020 $3,668 $25,078 $4,698 $20,380
2019 $3,496 $23,328 $4,370 $18,958
2018 $1,402 $9,000 $2,500 $6,500
2017 $5,119 $28,688 $3,957 $24,731
2016 $4,798 $28,125 $3,879 $24,246
2015 $4,634 $28,699 $3,958 $24,741
2014 $4,700 $30,209 $3,958 $26,251
2013 -- $31,468 $4,123 $27,345
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11279753

Midwest Real Estate Data (MRED)

APN: 16-09-32-318-008