322 W Merchant St Unit 324 Kankakee, IL 60901
3
Beds
2
Baths
--
Sq Ft
1885
Built
About This Home
As of June 2022Calling 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
RE/MAX Prestige Homes License #471021493 Listed on: 05/10/2022
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
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
9.11%
Similar Homes in Kankakee, IL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Seller's Agent in 2025
Buck Tamblyn
McColly Bennett Real Estate
(815) 325-2485
152 Total Sales
-
Seller's Agent in 2022
Monica Pizano
RE/MAX Prestige Homes
(815) 671-6209
223 Total Sales
-
Buyer's Agent in 2022
Stephen Styck
Styken Real Estate and Property Management
(815) 781-8060
64 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11399854
APN: 16-09-32-335-020
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