NOT LISTED FOR SALE

307 S 4th Ave Unit 3 Kankakee, IL 60901

Estimated Value: $149,371

1 Bed
1 Bath
650 Sq Ft
$230/Sq Ft Est. Value

About This Home

As of May 2024

Awesome rental available in West Kankakee! This unit is on the Top Floor and features 1 Bedroom & 1 Bathroom with Hardwood & Vinyl Floors throughout. The property is located on the corner of 4th Avenue and Station Street which puts you In walking distance to Valley Metro bus stop and entertainment & restaurants on the West Side of Kankakee. Call Nicholas Kravat for more details. Available Now, Do Not Hesitate!

Last Agent to Rent the Property

Nicholas Kravat

Black Label Realty Co. License #475194670 Listed on: 05/01/2024

Black Label Realty Co.

Co-Listed By

Mark Quesada

Black Label Realty Co. License #475144827

Last Renter's Agent

Nicholas Kravat

Black Label Realty Co. License #475194670 Listed on: 05/01/2024

Black Label Realty Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,813

Lot Details

  • Lot Dimensions are 50 x 60

Home Design

  • Property Attached

Interior Spaces

  • 650 Sq Ft Home
  • 2-Story Property
  • Combination Kitchen and Dining Room
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Basement Cellar

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $900
  • Property Available on 5/1/24
  • Rent includes gas, electricity, heat, water, scavenger, exterior maintenance, lawn care, snow removal
  • 12 Month Lease Term

Community Details

Overview

  • 3 Units
  • Low-Rise Condominium

Pet Policy

  • Limit on the number of pets
  • Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,813

Lot Details

0

Rental Info

  • Available Date: 2024-05-01
  • Lease Term: 12 Months
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 900
  • Security Deposit: 900

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Low Rise (1-3 Stories)
  • Property Sub-Type: Attached
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: No
  • LivingArea: 650
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Cellar
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick,Combination

Garage/Parking

  • Driveway: Other
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Number Limit
  • Rent Includes: Gas, Electricity, Heat, Water, Scavenger, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Middle/Junior School District: 111

Lot Info

  • Lot Dimensions: 50 X 60

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2025
Sold by
Farooqui Usman
Bought by
Castillo Mejias Ruben D
Current Estimated Value
$149,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,192
Interest Rate
6.63%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 8, 2022
Sold by
Affordable Rental Properties Llp
Bought by
Farooqui Usman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,499
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2017
Sold by
Op Pad Holdings Iii Llc
Bought by
Affordable Rental Properties L
Source: Public Records

Range of Values:

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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
Castillo Mejias Ruben D $155,000 Chicago Title
Farooqui Usman $129,999 --
Affordable Rental Properties L $13,000 Kankakee County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castillo Mejias Ruben D $152,192
Previous Owner Farooqui Usman $97,499
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2024 05/19/24 Rented $900 0.0% --
05/14/2024 05/14/24 Under Contract -- -- --
05/01/2024 05/01/24 For Rent $900 +12.5% --
01/20/2024 01/20/24 Rented $800 -11.1% --
01/11/2024 01/11/24 Under Contract -- -- --
11/30/2023 11/30/23 For Rent $900 +5.9% --
12/12/2022 12/12/22 Rented $850 0.0% --
12/06/2022 12/06/22 Under Contract -- -- --
12/01/2022 12/01/22 For Rent $850 -- --
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 $2,813 $23,795 $5,211 $18,584
2023 $2,711 $21,198 $4,642 $16,556
2022 $2,521 $18,554 $4,063 $14,491
2021 $2,380 $16,791 $3,677 $13,114
2020 $2,208 $15,093 $3,305 $11,788
2019 $2,104 $14,040 $3,074 $10,966
2018 $2,026 $13,000 $2,846 $10,154
2017 $508 $2,846 $2,846 $0
2016 $485 $2,846 $2,846 $0
2015 $460 $2,846 $2,846 $0
2014 $443 $2,846 $2,846 $0
2013 -- $2,846 $2,846 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12044440

Midwest Real Estate Data (MRED)

APN: 16-17-06-215-014