NOT LISTED FOR SALE

385 S Elm Ave Kankakee, IL 60901

Estimated Value: $57,000 - $109,637

3 Beds
1 Bath
1,480 Sq Ft
$57/Sq Ft Est. Value

Last Sold December 10, 2024

Last sale price $55,000 $37 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $513/month

14 Days on Market

Highlights

  • 1 Acre Lot
  • Den
  • Laundry Room
  • Wood Flooring
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of December 2024

This property is being sold "As Is" This Kankakee single family home offers 3 bedrooms 1 full bath and full basement that is unfinished. The home will need some work and there is a lot of debris that the buyer will have to dispose of. This is a great opportunity to build instant equity and enjoy all that Kankakee has to offer. The property here has no garage, but has a very nice size rear yard for family enjoyment. Bring your ideas to this great piece of property and follow the instructions for submitting an offer! This one is a must see.

Last Agent to Sell the Property

Otis Lazich

Capital Investment Realty Group Inc License #471009343 Listed on: 11/04/2024

Last Buyer's Agent

Damon Saathoff

RE/MAX Prestige Homes License #475209765

RE/MAX Prestige Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,468

Year Built

  • Built in 1925

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 50x145
  • Paved or Partially Paved Lot
  • Property is zoned SINGL

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,480 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,468

Year Built

Built in 1925

Lot Details

1 Acres

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1480
  • Room Type: Den
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Stucco,Wood Siding

Garage/Parking

  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 1
  • Lot Dimensions: 50X145
  • Zoning: SINGL
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2467.94
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2024
Closed on
Dec 5, 2024
Sold by
Reo 2021-Nr4 Llc
Bought by
Lopez Marycarmen
Seller's Agent
Otis Lazich
Capital Investment Realty Group Inc
Buyer's Agent
Damon Saathoff
RE/MAX Prestige Homes
List Price
$49,900
Sold Price
$55,000
Premium/Discount to List
$5,100
10.22%
Views
37
Current Estimated Value
$83,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,659
Avg. Annual Appreciation
40.63%

Purchase Details

Listed on
Nov 4, 2024
Closed on
Oct 11, 2024
Sold by
Sheriff Of Kankakee County Illinois
Bought by
Reo 2021-Nr4 Llc
Seller's Agent
Otis Lazich
Capital Investment Realty Group Inc
Buyer's Agent
Damon Saathoff
RE/MAX Prestige Homes
List Price
$49,900
Sold Price
$55,000
Premium/Discount to List
$5,100
10.22%
Views
37
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
Lopez Marycarmen $55,000 None Listed On Document
Reo 2021-Nr4 Llc -- Premier Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2024 12/10/24 Sold $55,000 +10.2% $37 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
11/04/2024 11/04/24 For Sale $49,900 -- $34 / Sq Ft
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 $2,562 $21,666 $4,230 $17,436
2023 $2,468 $19,301 $3,768 $15,533
2022 $2,296 $16,894 $3,298 $13,596
2021 $2,167 $15,289 $2,985 $12,304
2020 $2,010 $13,743 $2,683 $11,060
2019 $1,916 $12,784 $2,496 $10,288
2018 $1,845 $11,837 $2,311 $9,526
2017 $2,066 $11,576 $2,260 $9,316
2016 $1,936 $11,349 $2,216 $9,133
2015 $1,870 $11,580 $2,261 $9,319
2014 $1,802 $11,580 $2,261 $9,319
2013 -- $12,062 $2,355 $9,707
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12203105

Midwest Real Estate Data (MRED)

APN: 16-17-05-215-019

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