NOT LISTED FOR SALE

376 S Harrison Ave Kankakee, IL 60901

Estimated Value: $105,000 - $131,174

6 Beds
2 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold December 09, 2024

Last sale price $120,000

Est. 1% decrease in value since last sale

Current estimated payment $916/month

20 Days on Market

About This Home

As of December 2024

KANKAKEE - 2 UNIT HOME - RENOVATED AND FULLY OCCUPIED - Both units are 3 bedroom/1 bathroom apartments. This is a great investment property. The property is in "Good" condition and has large rooms/units. The roof is new also! Near main thoroughfares and Downtown Kankakee. Great investment! Call today!

Last Agent to Sell the Property

Buck Tamblyn

McColly Bennett Real Estate License #475131086 Listed on: 10/02/2024

McColly Bennett Real Estate

Last Buyer's Agent

Melissa Giacomara

Coldwell Banker Realty License #475164177

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,385

Year Built

  • Built in 1926 | Remodeled in 2023

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40x145
  • Paved or Partially Paved Lot

Home Design

  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Additional Features

  • Basement Fills Entire Space Under The House
  • Breezeway
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $24,795
  • Net Operating Income $12,671

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,385

Year Built

Built in 1926 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1926
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Breezeway
  • Foundation Details: Block
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.13
  • Lot Dimensions: 40X145
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

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

Multi Family

  • Net Operating Income: 12671
  • GrossIncome: 24795
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat,2 Story Unit/s

Tax Info

  • Tax Annual Amount: 3385
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Dec 1, 2024
Sold by
Clear Capital Kankakee Llc
Bought by
Spurlock Selome
Seller's Agent
Buck Tamblyn
McColly Bennett Real Estate
Buyer's Agent
Melissa Giacomara
Coldwell Banker Realty
List Price
$140,000
Sold Price
$120,000
Premium/Discount to List
-$20,000
-14.29%
Views
17
Current Estimated Value
$119,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$706
Avg. Annual Appreciation
-0.57%
Original Mortgage
$90,000
Outstanding Balance
$89,319
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$29,975

Purchase Details

Closed on
Jul 14, 2023
Sold by
Clear Capital Llc
Bought by
Clear Capital Kankakee Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,250
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jul 11, 2022
Sold by
Derek South Lawndale Properties Llc
Bought by
Clear Capital Llc
Seller's Agent
Dondi Maricle
Berkshire Hathaway HomeServices Speckman Realty
Buyer's Agent
Stephen Styck
Styken Real Estate and Property Management
List Price
$79,000
Sold Price
$65,000
Premium/Discount to List
-$14,000
-17.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.18%

Purchase Details

Closed on
Mar 1, 2007
Sold by
Joe Neal and Joe Georgia
Bought by
Derek South Lawndale Properties
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Spurlock Selome $120,000 Kankakee County Title
Clear Capital Kankakee Llc -- National Builder & Bancorp Tit
Clear Capital Llc $65,000 Standard Title
Derek South Lawndale Properties -- National Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spurlock Selome $90,000
Previous Owner Clear Capital Kankakee Llc $377,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2024 12/09/24 Sold $120,000 -14.3% --
10/22/2024 10/22/24 Pending -- -- --
10/02/2024 10/02/24 For Sale $140,000 +115.4% --
07/11/2022 07/11/22 Sold $65,000 -17.7% -- View Prior Sale
06/10/2022 06/10/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $79,000 -- --
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 $3,513 $29,552 $4,529 $25,023
2023 $3,385 $26,327 $4,035 $22,292
2022 $3,150 $23,044 $3,532 $19,512
2021 $2,974 $20,854 $3,196 $17,658
2020 $2,760 $18,745 $2,873 $15,872
2019 $2,631 $17,438 $2,673 $14,765
2018 $2,532 $16,146 $2,475 $13,671
2017 $2,834 $15,791 $2,421 $13,370
2016 $2,656 $15,482 $2,374 $13,108
2015 $2,567 $15,797 $2,422 $13,375
2014 $2,755 $17,597 $2,422 $15,175
2013 -- $18,330 $2,523 $15,807
Source: Public Records

Agents Affiliated with this Home

  • Buck Tamblyn

    Seller's Agent in 2024

    Buck Tamblyn

    McColly Bennett Real Estate

    (815) 325-2485

    73 in this area

    149 Total Sales

    Buck Tamblyn
    Section Image
  • Melissa Giacomara

    Buyer's Agent in 2024

    Melissa Giacomara

    Coldwell Banker Realty

    (847) 942-4185

    3 in this area

    18 Total Sales

    Melissa Giacomara
    Section Image
  • Dondi Maricle

    Seller's Agent in 2022

    Dondi Maricle

    Berkshire Hathaway HomeServices Speckman Realty

    (815) 715-8405

    24 in this area

    82 Total Sales

    Dondi Maricle
    Section Image
  • Stephen Styck

    Buyer's Agent in 2022

    Stephen Styck

    Styken Real Estate and Property Management

    (815) 781-8060

    48 in this area

    73 Total Sales

    Stephen Styck
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12173350

Midwest Real Estate Data (MRED)

APN: 16-17-05-209-025

Illinois Kankakee County Kankakee 60901

376 S Harrison Ave, Kankakee, IL

Not Listed for Sale

MultiFamily

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