NOT LISTED FOR SALE

312 S Chicago Ave Kankakee, IL 60901

Estimated Value: $90,000 - $174,000

2 Beds
2 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold December 30, 2019

Last sale price $62,500

Est. 84% increase in value since last sale

Current estimated payment $831/month

42 Days on Market

Highlights

  • Traditional Architecture
  • Two Heating Systems
  • Multiple Water Heaters
  • Balcony
  • Ceiling Fan
  • Paved or Partially Paved Lot

About This Home

As of December 2019

Fantastic Investment Here With This 2 Unit Income Property Generating $1,300/Month! The Majors Components Are Completed In 2019: 2 New Furnaces, 2 New Hot Water Heaters, Mass Rewire, New Glass In All Windows & Painted, All New Plumbing, Freshly Painted, Some Floors Refinished, & Some New Carpets. This 2 Unit Features Laundry In The Basement / Large Backyard / Nice Front Porches / Front & Back Separate Entrances / Each Unit Brings In About $650/Month, Tenant Pays Utilities. Call Today For A Showing!

Last Agent to Sell the Property

Amelia Bodie

Village Realty, Inc License #475157822 Listed on: 10/01/2019

Village Realty, Inc

Co-Listed By

Kyle Treglown

Edwards Realty Co. License #475170643

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,198

Year Built

  • Built in 1910

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 145
  • Paved or Partially Paved Lot

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Balcony

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Multiple Water Heaters

Community Details

  • 2 Units
  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,198

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Multiple Water Heaters
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Balcony
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Paved
  • Conversion YN: N

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.16
  • Lot Dimensions: 50 X 145
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • GrossIncome: 18000
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 2198
  • Tax Year: 2018
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Jan 21, 2020
Sold by
David Anderson
Bought by
Dka Ventures 1 Llc
Seller's Agent
Amelia Bodie
Village Realty, Inc
Buyer's Agent
Non Member
NON MEMBER
List Price
$49,900
Sold Price
$62,500
Premium/Discount to List
$12,600
25.25%
Current Estimated Value
$114,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,361
Avg. Annual Appreciation
11.00%

Purchase Details

Listed on
Oct 1, 2019
Closed on
Dec 30, 2019
Sold by
Coyle Gordon D
Bought by
Anderson David
Seller's Agent
Amelia Bodie
Village Realty, Inc
Buyer's Agent
Non Member
NON MEMBER
List Price
$49,900
Sold Price
$62,500
Premium/Discount to List
$12,600
25.25%

Purchase Details

Closed on
Jan 8, 2019
Sold by
Trust No 16 & 17 & 05 & 210 & 020
Bought by
Coyle Gordon D

Purchase Details

Closed on
Sep 19, 2018
Sold by
County Of Kankakee
Bought by
Trust No 16 & 17 & 05 & 210 & 020
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
Dka Ventures 1 Llc -- Lythberg Law Llc
Anderson David $62,500 Lythberg Law Llc
Coyle Gordon D -- Schrimpf Stephen P
Trust No 16 & 17 & 05 & 210 & 020 -- Schrimpf Stephen P
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2019 12/30/19 Sold $62,500 +25.3% --
11/12/2019 11/12/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $49,900 -- --
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 $2,725 $22,924 $4,230 $18,694
2023 $2,626 $20,422 $3,768 $16,654
2022 $2,444 $17,875 $3,298 $14,577
2021 $2,307 $16,177 $2,985 $13,192
2020 $2,141 $14,541 $2,683 $11,858
2019 $2,041 $13,527 $2,496 $11,031
2018 $0 $12,249 $2,260 $9,989
2017 $2,198 $12,249 $2,260 $9,989
2016 $2,061 $12,009 $2,216 $9,793
2015 $1,991 $12,254 $2,261 $9,993
2014 $2,132 $13,616 $2,261 $11,355
2013 -- $14,183 $2,355 $11,828
Source: Public Records

Agents Affiliated with this Home

  • Amelia Bodie

    Seller's Agent in 2019

    Amelia Bodie

    Village Realty, Inc

    (815) 823-5996

    343 Total Sales

    Amelia Bodie
    Section Image
  • Kyle Treglown

    Seller Co-Listing Agent in 2019

    Kyle Treglown

    Edwards Realty Co.

    (708) 856-5350

    123 Total Sales

    Kyle Treglown
    Section Image

  • N

    Buyer's Agent in 2019

    Non Member

    NON MEMBER

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10534569

Midwest Real Estate Data (MRED)

APN: 16-17-05-210-020

Illinois Kankakee County Kankakee 60901

312 S Chicago Ave, Kankakee, IL

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