NOT LISTED FOR SALE

2830 Cranbrook St Kankakee, IL 60901

Estimated Value: $134,000 - $236,000

8 Beds
4 Baths
-- Sq Ft
10,759 Sq Ft Lot

Sale Details

Date Sold: November 26, 2024

Last sale price $240,000

Est. 16% decrease in value since last sale

Current estimated payment $1,527 / mo

19 Days on Market

Highlights

  • Brick Veneer
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of November 2024

KANKAKEE - 4 UNIT - ALL 2 BEDROOM/1 BATHROOM UNITS. All brick building, in "Good" condition. Great income producing property on the far East side of Kankakee near I-57 and main thoroughfares! Great investment, call today!

Last Agent to Sell the Property

Buck Tamblyn

McColly Bennett Real Estate License #475131086 Listed on: 10/04/2024

McColly Bennett Real Estate

Last Buyer's Agent

Noe Fragoso

PAK Home Realty License #471021560

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,200

Year Built

  • Built in 1973 | Remodeled in 2024

Lot Details

  • Lot Dimensions are 90 x 120

Home Design

  • Brick Veneer
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $44,175
  • Net Operating Income $21,449

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,200

Year Built

Built in 1973 | Remodeled in 2024

Lot Details

10,759 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1973
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

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

Garage/Parking

  • Parking: None

Utilities

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 90 X 120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 21
  • TenantPays: Other

Multi Family

  • Net Operating Income: 21449
  • GrossIncome: 44175
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s

Tax Info

  • Tax Annual Amount: 5200
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Nov 21, 2024
Sold by
Bought by
Seller's Agent
Buck Tamblyn
McColly Bennett Real Estate
Buyer's Agent
Noe Fragoso
PAK Home Realty
List Price
$240,000
Sold Price
$240,000
Views
23
Current Estimated Value
$202,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,833
Avg. Annual Appreciation
-10.41%
Original Mortgage
$228,000
Outstanding Balance
$225,297
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
-$23,130

Purchase Details

Closed on
Feb 4, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
2.7%
Mortgage Type
Construction
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$240,000 Kankakee Title
-- Rosenberg Lpa Llc
$100,000 New Title Company Name
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $228,000
Previous Owner $111,000
Previous Owner $98,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/26/2024 11/26/24 Sold $240,000 0.0% --
10/23/2024 10/23/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $240,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,249 $46,780 $2,661 $44,119
2024 $5,249 $44,552 $2,534 $42,018
2023 $5,200 $40,874 $2,325 $38,549
2022 $4,918 $36,413 $2,071 $34,342
2021 $4,694 $33,330 $1,896 $31,434
2020 $5,078 $34,969 $1,780 $33,189
2019 $5,107 $34,367 $1,749 $32,618
2018 $5,057 $32,731 $1,666 $31,065
2017 $5,790 $32,731 $1,666 $31,065
2016 $5,402 $31,932 $1,625 $30,307
2015 $5,221 $32,583 $1,658 $30,925
2014 $5,103 $33,079 $1,683 $31,396
2013 -- $34,015 $1,731 $32,284
Source: Public Records

Agents Affiliated with this Home

  • Buck Tamblyn

    Seller's Agent in 2024

    Buck Tamblyn

    McColly Bennett Real Estate

    (815) 325-2485

    134 Total Sales

    Buck Tamblyn
    Section Image
  • Noe Fragoso

    Buyer's Agent in 2024

    Noe Fragoso

    PAK Home Realty

    (708) 417-4983

    279 Total Sales

    Noe Fragoso
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12173196

Midwest Real Estate Data (MRED)

APN: 12-17-03-109-018

Illinois Kankakee County Kankakee 60901

2830 Cranbrook St, Kankakee, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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