NOT LISTED FOR SALE

394 N Schuyler Ave Kankakee, IL 60901

Estimated Value: $69,000 - $143,000

7 Beds
4 Baths
-- Sq Ft
4,748 Sq Ft Lot

Last Sold August 13, 2021

Last sale price $65,000

Est. 73% increase in value since last sale

Current estimated payment $824/month

374 Days on Market

About This Home

As of August 2021

CLOSE TO DOWNTOWN!! Income producing 2 Flat NEEDS A LITTLE TLC! Lower unit is a 3 Bedroom and 2 bath. Unit has beautiful original wood, separate dining room w/spacious kitchen and separate laundry room with washer & dryer hook-up w/rear off street parking. Upstairs unit is a 4 bedroom with 2 full baths with a balcony. Unit comes with large spacious kitchen. BOTH Tenants pay Gas & Electric. Owner pays water & sewer. Unfinished basement has an unfinished 1 bedroom w/possibilities. UNIT SOLD AS IS!!! Can be purchased as a package with A TOTAL OF 8 PROPERTIES WITH SELLER FINANCING!!!! BUYERS CALL ME FOR TERMS AND DETAILS ON ENTIRE PACKAGE!! SERIOUS INQUIRIES ONLY!! GREAT INVESTMENT PROPERTY!! Properties can be purchased as a package along with MLS #s: 10748509, 10748520, 10748527, 10748513, 10748524, 10748519, 10748526, 101748511!

Last Agent to Sell the Property

Brenda Ervin

Coldwell Banker Realty License #475153918 Listed on: 06/16/2020

Coldwell Banker Realty

Last Buyer's Agent

Lucas Lyons

Coldwell Banker Realty License #475196811

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,101

Year Built

  • Built in 1885

Lot Details

  • Lot Dimensions are 50x95
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 4 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $8,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,101

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1885
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: Partially Finished,Unfinished,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0

Exterior Features

  • Foundation Details: Stone
  • List Price: 75000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street, Driveway
  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

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

Schools

  • Middle/Junior School District: 111

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X95
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 8400
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 2100.8
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Aug 10, 2021
Sold by
Wesley Realty Group Incorporated
Bought by
Nevarez Luis and Nevarez Norma
Seller's Agent
Brenda Ervin
Coldwell Banker Realty
Buyer's Agent
Lucas Lyons
Coldwell Banker Realty
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%
Current Estimated Value
$112,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,745
Avg. Annual Appreciation
13.98%
Source: Public Records

Range of Values:

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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
Nevarez Luis $65,000 Burnet Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2021 08/13/21 Sold $65,000 -13.3% --
06/25/2021 06/25/21 Pending -- -- --
11/16/2020 11/16/20 For Sale $75,000 0.0% --
10/31/2020 10/31/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $75,000 -- --
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 $2,809 $23,760 $1,960 $21,800
2023 $2,707 $21,167 $1,746 $19,421
2022 $2,518 $18,527 $1,528 $16,999
2021 $2,376 $16,767 $1,383 $15,384
2020 $2,204 $15,071 $1,243 $13,828
2019 $2,101 $14,019 $1,156 $12,863
2018 $2,023 $12,980 $1,070 $11,910
2017 $2,265 $12,694 $1,046 $11,648
2016 $2,123 $12,445 $1,025 $11,420
2015 $2,051 $12,699 $1,046 $11,653
2014 $1,976 $12,699 $1,046 $11,653
2013 -- $13,229 $1,090 $12,139
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10748523

Midwest Real Estate Data (MRED)

APN: 16-09-32-411-001