NOT LISTED FOR SALE

289 S 3rd Ave Kankakee, IL 60901

Estimated Value: $57,000 - $103,000

4 Beds
4 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold January 11, 2018

Last sale price $26,000

Est. 228% increase in value since last sale

Current estimated payment $532/month

343 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Heating Available

About This Home

As of January 2018

INVESTMENT OPPORTUNITY FOR SALE - REO Property will be sold on an "As-Is" basis.

Last Agent to Sell the Property

John Arnold

Arnold Real Estate, LLC Listed on: 01/13/2017

Last Buyer's Agent

Christian Silva

Expo Realty Group License #475175425

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 75' x 75'
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Included in Price

Home Design

  • Frame Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

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: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.12
  • Lot Dimensions: 75' X 75'
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: None

Tax Info

  • Tax Annual Amount: 2152.9
  • Tax Year: 2015
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2024
Sold by
Jcsp Llc
Bought by
Famille Properties Llc-289 3Rd Ave
Current Estimated Value
$85,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.67%
Mortgage Type
New Conventional
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
Famille Properties Llc-289 3Rd Ave -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Famille Properties Llc-289 3Rd Ave $575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2018 01/11/18 Sold $26,000 -8.8% --
12/22/2017 12/22/17 Pending -- -- --
11/27/2017 11/27/17 Price Changed $28,500 -5.0% --
07/21/2017 07/21/17 Price Changed $30,000 -25.0% --
01/13/2017 01/13/17 For Sale $40,000 -- --
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 $2,949 $24,942 $4,441 $20,501
2023 $2,884 $22,220 $3,956 $18,264
2022 $2,643 $19,449 $3,463 $15,986
2021 $2,494 $17,601 $3,134 $14,467
2020 $2,314 $15,821 $2,817 $13,004
2019 $2,205 $14,717 $2,620 $12,097
2018 $2,123 $13,627 $2,426 $11,201
2017 $2,378 $13,328 $2,373 $10,955
2016 $2,229 $13,066 $2,326 $10,740
2015 $2,153 $13,332 $2,373 $10,959
2014 $3,117 $20,035 $2,373 $17,662
2013 -- $25,451 $2,472 $22,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09477088

Midwest Real Estate Data (MRED)

APN: 16-09-32-335-029