NOT LISTED FOR SALE

371 S Tanner Ave Kankakee, IL 60901

Estimated Value: $91,000 - $138,000

2 Beds
2 Baths
-- Sq Ft
6,708 Sq Ft Lot

Last Sold June 01, 2020

Last sale price $60,000

Est. 97% increase in value since last sale

Current estimated payment $879/month

9 Days on Market

Highlights

  • Deck
  • Enclosed Patio or Porch
  • Ceiling Fan
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Paved or Partially Paved Lot

About This Home

As of June 2020

Golden Opportunity! Rent one and live in the other or rent both. This home has several possibilities. Another option is related living set-up with interior access to upper and lower units. Upper unit was rented and producing $500 a month w/utilities. Lower unit was owner occupied. Several updates. Dec 2019 new furnace and a/c unit for main level, new roof 2017, several windows replaced 2018, window a/c and radiated heater approx. 3 years old for upper unit. Lower unit has a deck off the kitchen. Fenced back yard also a 2 car garage with storage or 3 car garage with a little work. Property is being sold "AS IS".

Last Agent to Sell the Property

Anne LaMontagne

Coldwell Banker Realty License #471017437 Listed on: 04/07/2020

Coldwell Banker Realty

Last Buyer's Agent

Paul Kirkpatrick

Exclusive Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,251

Year Built

  • Built in 1903

Lot Details

  • Lot Dimensions are 45 x 150
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Block Foundation
  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,251

Year Built

Built in 1903

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1903
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • 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: 2
  • Total Bedrooms: 2
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave
  • MRD_AppliancesAndFeatures: Refrigerator,Microwave

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Block, Stone
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 45 X 150
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2251.26
  • Tax Year: 2018
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2021
Sold by
Kirkpatrick Paul A
Bought by
Fivot Llc Tanner Series
Current Estimated Value
$118,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,300
Outstanding Balance
$47,037
Interest Rate
0.03%
Mortgage Type
New Conventional
Estimated Equity
$71,191

Purchase Details

Listed on
Apr 7, 2020
Closed on
Jun 1, 2020
Sold by
Horrell Susan F
Bought by
Kirkpatrick Paul A
Seller's Agent
Anne LaMontagne
Coldwell Banker Realty
Buyer's Agent
Paul Kirkpatrick
Exclusive Realtors
List Price
$62,500
Sold Price
$60,000
Premium/Discount to List
-$2,500
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.80%

Purchase Details

Closed on
Mar 30, 2007
Sold by
Craig Rabideau and Craig Deena
Bought by
Horrell Susan F
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
Fivot Llc Tanner Series $79,000 Standard Title
Kirkpatrick Paul A $60,000 Burnet Title
Horrell Susan F $57,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fivot Llc Tanner Series $55,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2020 06/01/20 Sold $60,000 -4.0% --
04/16/2020 04/16/20 Pending -- -- --
04/07/2020 04/07/20 For Sale $62,500 -- --
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 $3,126 $26,444 $5,076 $21,368
2023 $3,012 $23,558 $4,522 $19,036
2022 $2,802 $20,620 $3,958 $16,662
2021 $2,645 $18,661 $3,582 $15,079
2020 $2,453 $16,774 $3,220 $13,554
2019 $2,338 $15,603 $2,995 $12,608
2018 $2,251 $14,447 $2,773 $11,674
2017 $2,521 $14,129 $2,712 $11,417
2016 $2,363 $13,852 $2,659 $11,193
2015 $2,282 $14,134 $2,713 $11,421
2014 $2,321 $14,916 $2,713 $12,203
2013 -- $15,537 $2,826 $12,711
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10685748

Midwest Real Estate Data (MRED)

APN: 16-16-01-205-014