NOT LISTED FOR SALE

357 S Indiana Ave Kankakee, IL 60901

Estimated Value: $122,000 - $149,000

4 Beds
3 Baths
-- Sq Ft
7,231 Sq Ft Lot

Last Sold June 03, 2019

Last sale price $89,000

Est. 51% increase in value since last sale

Current estimated payment $957/month

264 Days on Market

About This Home

As of June 2019

Nice 3-unit building with convenient location across from Kankakee City Hall. Convenient location. Front entry features natural woodwork & open staircase to upper level. Upper level also has outside rear staircase. The 2 main level units are large efficiency style (one has an attractive ornamental fireplace but is "as-is" condition). Spacious upper unit has tenant that has been renting the unit approx. 25 yrs & takes care of maintenance on building. Great investment property. Note that one lower unit is currently vacant but owner is actively seeking new tenant. Note that the roof and vinyl siding are newer.

Last Agent to Sell the Property

Diane Witte

Village Realty Inc License #475138799 Listed on: 07/18/2018

Village Realty Inc

Last Buyer's Agent

Zaneta Sanders

Z Realty Group License #471018950

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,564

Year Built

  • Built in 1900

Lot Details

  • 7,231

Home Design

  • American Four Square Architecture
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Space is Owned

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 50 x 145

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,564

Year Built

Built in 1900

Lot Details

7,231 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: American 4-Sq.
  • 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
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Lot Info

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

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 2563.8
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2018
Closed on
Jun 6, 2019
Sold by
Wilborn Anthony D
Bought by
Norwood Turner and Norwood Devonte
Seller's Agent
Diane Witte
Village Realty Inc
Buyer's Agent
Zaneta Sanders
Z Realty Group
List Price
$94,900
Sold Price
$89,000
Premium/Discount to List
-$5,900
-6.22%
Current Estimated Value
$134,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,340
Avg. Annual Appreciation
6.33%
Original Mortgage
$87,387
Outstanding Balance
$77,213
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$57,127

Purchase Details

Closed on
Aug 5, 2005
Sold by
Smith Raymond F
Bought by
Wilborn Anthony D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,300
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records
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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
Norwood Turner $89,000 New Title Company Name
Wilborn Anthony D $78,000 Standard Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norwood Turner $87,387
Previous Owner Wilborn Anthony D $62,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2019 06/03/19 Sold $89,000 0.0% --
04/08/2019 04/08/19 Pending -- -- --
01/29/2019 01/29/19 Price Changed $89,000 -6.2% --
07/18/2018 07/18/18 For Sale $94,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $3,179 $26,889 $4,230 $22,659
2023 $3,063 $23,954 $3,768 $20,186
2022 $2,849 $20,966 $3,298 $17,668
2021 $2,689 $18,974 $2,985 $15,989
2020 $2,495 $17,055 $2,683 $14,372
2019 $2,377 $15,865 $2,496 $13,369
2018 $2,289 $14,690 $2,311 $12,379
2017 $2,564 $14,367 $2,260 $12,107
2016 $2,403 $14,086 $2,216 $11,870
2015 $2,321 $14,373 $2,261 $12,112
2014 $2,485 $15,970 $2,261 $13,709
2013 -- $16,635 $2,355 $14,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10024602

Midwest Real Estate Data (MRED)

APN: 16-17-05-108-015

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