NOT LISTED FOR SALE

357 E Hickory St Kankakee, IL 60901

Estimated Value: $153,000 - $164,000

4 Beds
3 Baths
-- Sq Ft
1900 Built

Last Sold July 09, 2025

Last sale price $157,000

Est. 1% increase in value since last sale

Current estimated payment $1,091/month

65 Days on Market

About This Home

As of July 2025

**Unleash Investment Potential with a 3 unit CASH FLOW property** This well maintained 3-unit property is primed for immediate returns. Boasting a fully remodeled 2-bedroom unit and individual utilities for each of the three units (separate central air, furnace, and water heater), this is a hassle-free investment opportunity. Enjoy peace of mind with a new roof installed in 2017 and AC units upgraded in 2014. The location is unmatched, directly adjacent to a free city lot with ample parking and nestled in a sought-after neighborhood near restaurants, shopping, and vibrant downtown events. Capitalize on the future with its proximity (15 minutes!) to the new Gotion electric vehicle battery facility in Manteno, projected to employ over 2,500 people! Too many upgrades to list - details available in the attached documents. **This is a must-see for serious investors seeking a performing property!**

Last Agent to Sell the Property

Richard Harnik

First Midwest Realty LLC License #475156601 Listed on: 03/26/2025

Last Buyer's Agent

Zaneta Sanders

Z Realty Group License #471018950

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,938

Year Built

  • Built in 1900

Home Design

  • Traditional Architecture
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 42x55

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $2,177
  • Trash Expense $1,895
  • Water Sewer Expense $1,208
  • Gross Income $26,700
  • Net Operating Income $26,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,938

Year Built

Built in 1900

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

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • Roof: Asphalt
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Fee Information

  • Trash Expense: 1895
  • Water Sewer Expenses: 1208

Lot Info

  • Lot Dimensions: 42X55
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: No

Multi Family

  • Net Operating Income: 26700
  • Insurance Expense: 2177
  • GrossIncome: 26700
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat,2 Story Unit/s,Duplex Side by Side

Tax Info

  • Tax Annual Amount: 2937.98
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2025
Closed on
Jun 30, 2025
Sold by
Fnbw Bank and First National Bank Of Wheaton
Bought by
Safe Sanctuary Properties Foundation Inc
Seller's Agent
Richard Harnik
First Midwest Realty LLC
Buyer's Agent
Zaneta Sanders
Z Realty Group
List Price
$169,900
Sold Price
$157,000
Premium/Discount to List
-$12,900
-7.59%
Views
37
Current Estimated Value
$159,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,274
Avg. Annual Appreciation
3.18%
Original Mortgage
$133,450
Outstanding Balance
$131,131
Interest Rate
5.99%
Mortgage Type
Credit Line Revolving
Estimated Equity
$28,143

Purchase Details

Closed on
Mar 19, 2025
Sold by
Municipal Trust & Savings Bank
Bought by
Trust Number 1951 and First Nations Bank

Purchase Details

Closed on
Dec 18, 2023
Sold by
Trust Number 3303
Bought by
Strachan Daniel J

Purchase Details

Closed on
Dec 14, 2023
Sold by
Pfeiffer Dale E and Pfeiffer Marilyn K
Bought by
Harding Connor

Purchase Details

Closed on
Oct 18, 2023
Sold by
Sneed Ira and Sneed Jacqueline
Bought by
Page Craig A and Page Lorna A

Purchase Details

Closed on
Nov 25, 2020
Sold by
Craig Page
Bought by
Trust Number 2899

Purchase Details

Closed on
Nov 20, 2020
Sold by
Craig Page
Bought by
Municipal Trust & Savings Bank

Purchase Details

Closed on
Jun 23, 2020
Sold by
Page Craig A
Bought by
Sneed Ira and Sneed Jacquelyn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Safe Sanctuary Properties Foundation Inc $157,000 Carrington Title Partners
Trust Number 1951 -- None Listed On Document
Strachan Daniel J $420,849 Kankakee County Title
Harding Connor $180,000 Standard Title
Page Craig A -- Homestar Title
Trust Number 2899 -- Godin Denton & Elliott Pc
Municipal Trust & Savings Bank -- --
Sneed Ira -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Safe Sanctuary Properties Foundation Inc $133,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2025 07/09/25 Sold $157,000 -3.7% --
05/30/2025 05/30/25 Pending -- -- --
04/29/2025 04/29/25 Price Changed $163,000 -4.1% --
03/26/2025 03/26/25 For Sale $169,900 -- --
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 $3,049 $25,792 $2,310 $23,482
2023 $2,938 $22,977 $2,058 $20,919
2022 $2,733 $20,111 $1,801 $18,310
2021 $2,579 $18,200 $1,630 $16,570
2020 $2,393 $16,359 $1,465 $14,894
2019 $2,280 $15,218 $1,363 $13,855
2018 $2,196 $14,091 $1,262 $12,829
2017 $2,459 $13,781 $1,234 $12,547
2016 $2,305 $13,511 $1,210 $12,301
2015 $2,226 $13,787 $1,235 $12,552
2014 $2,145 $13,787 $1,235 $12,552
2013 -- $14,361 $1,286 $13,075
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12321500

Midwest Real Estate Data (MRED)

APN: 16-17-05-108-018