$70,000
SOLD JUN 27, 2022

322 W Merchant St Unit 324 Kankakee, IL 60901

3 Beds
2 Baths
-- Sq Ft
1885 Built

Recently Sold

7 Days on Market

About This Home

As of June 2022

Calling all investors or anyone wanting to add to their real estate portfolio!!! Rental income is at an all time high!! Get your hands on these 3 properties! we have 2 - 4 unit properties and 1- 2 unit property. All units are currently rented. These are not section 8. Month to Month only. No leases. All appliances stay except for 2 units. Current rental license up to date. For Bundle deal other MLS #11399823,11399896

Last Agent to Sell the Property

Monica Pizano

RE/MAX Prestige Homes License #471021493 Listed on: 05/10/2022

RE/MAX Prestige Homes

Last Buyer's Agent

Stephen Styck

Styken Real Estate and Property Management License #471021538

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,032

Year Built

  • Built in 1885

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking

Additional Features

  • Lot Dimensions are 40.25x50
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $12,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,032

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1885
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: 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: 3
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 70000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: No
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Middle/Junior School District: 111

Lot Info

  • Lot Dimensions: 40.25X50
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Multi Family

  • GrossIncome: 12300
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 2032.2
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2022
Closed on
Jun 22, 2022
Sold by
Trust 2304
Bought by
Clear Capital Llc
Seller's Agent
Monica Pizano
RE/MAX Prestige Homes
Buyer's Agent
Stephen Styck
Styken Real Estate and Property Management
List Price
$70,000
Sold Price
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%
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 Type Sale Price Title Company
Deed $250,000 Attorneys Title Guaranty Fund
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Pending -- -- --
05/28/2025 05/28/25 Price Changed $90,000 -5.3% --
04/08/2025 04/08/25 For Sale $95,000 0.0% --
03/27/2025 03/27/25 Pending -- -- --
03/19/2025 03/19/25 For Sale $95,000 0.0% --
03/18/2025 03/18/25 Off Market $95,000 -- --
03/17/2025 03/17/25 For Sale $100,000 +42.9% --
06/27/2022 06/27/22 Sold $70,000 0.0% --
05/18/2022 05/18/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $70,000 -- --
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 $2,590 $21,904 $1,912 $19,992
2023 $2,495 $19,513 $1,703 $17,810
2022 $2,321 $17,080 $1,491 $15,589
2021 $2,191 $15,457 $1,349 $14,108
2020 $2,032 $13,894 $1,213 $12,681
2019 $1,937 $12,924 $1,128 $11,796
2018 $1,865 $11,966 $1,044 $10,922
2017 $2,088 $11,703 $1,021 $10,682
2016 $1,957 $11,474 $1,001 $10,473
2015 $1,891 $11,708 $1,021 $10,687
2014 $1,821 $11,708 $1,021 $10,687
2013 -- $14,349 $1,064 $13,285
Source: Public Records

Agents Affiliated with this Home

  • Buck Tamblyn

    Seller's Agent in 2025

    Buck Tamblyn

    McColly Bennett Real Estate

    (815) 325-2485

    155 Total Sales

    Buck Tamblyn
    Section Image
  • Monica Pizano

    Seller's Agent in 2022

    Monica Pizano

    RE/MAX Prestige Homes

    (815) 671-6209

    227 Total Sales

    Monica Pizano
    Section Image
  • Stephen Styck

    Buyer's Agent in 2022

    Stephen Styck

    Styken Real Estate and Property Management

    (815) 781-8060

    61 Total Sales

    Stephen Styck
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11399854

Midwest Real Estate Data (MRED)

APN: 16-09-32-335-020

Illinois Kankakee County Kankakee 60901

322 W Merchant St Unit 324, Kankakee, IL

This home is located at 322 W Merchant St Unit 324, Kankakee, IL 60901 and is currently priced at $70,000. This property was built in 1885. 322 W Merchant St Unit 324 is a home located in Kankakee County with nearby schools including Kennedy Middle Grade School, Kankakee Junior High School, and Kankakee High School.

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