NOT LISTED FOR SALE

419 S 5th Ave Unit 423 Kankakee, IL 60901

Estimated Value: $72,000 - $143,000

4 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold January 21, 2020

Last sale price $45,500

Est. 107% increase in value since last sale

Current estimated payment $613/month

78 Days on Market

About This Home

As of January 2020

Income producing property! 2 flat generating $1,200 a month. Each unit has two bedrooms with a Jack & Jill bathroom. Living room and eat-in kitchen with pantry, stove and refrigerator. Two furnace and two water heaters approximately 8 years old. Circuit breaker electric. Full dry basement. Long term tenants pay $600 rent per unit, tenant pays electric & gas. Owner pays sewer & water. NOTE: Can be purchased as a package with Single Family homes 391 Marsile, Bourbonnais and 153 Belle Aire, Bourbonnais.

Last Agent to Sell the Property

Lynn Randazzo

Berkshire Hathaway HomeServices Speckman Realty License #471020052 Listed on: 10/03/2019

Berkshire Hathaway HomeServices Speckman Realty

Last Buyer's Agent

Dondi Maricle

Berkshire Hathaway HomeServices Speckman Realty License #475121783

Berkshire Hathaway HomeServices Speckman Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,115

Year Built

  • Built in 1880

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100

Home Design

  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Additional Features

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,115

Year Built

Built in 1880

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1880
  • 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: 4
  • Other Equipment: CO Detectors
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Parking: None

Utilities

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

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 50X100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 1114.96
  • Tax Year: 2018

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2021
Sold by
Trust Number 2869
Bought by
Jfi Properties Llc
Current Estimated Value
$94,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,100
Outstanding Balance
$24,443
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$69,585

Purchase Details

Closed on
Apr 30, 2020
Sold by
Armando Lopez
Bought by
Trust 2869

Purchase Details

Listed on
Oct 3, 2019
Closed on
Jan 21, 2020
Sold by
Kkey Properties Llc
Bought by
Lopez Armando
Seller's Agent
Lynn Randazzo
Berkshire Hathaway HomeServices Speckman Realty
Buyer's Agent
Dondi Maricle
Berkshire Hathaway HomeServices Speckman Realty
List Price
$50,000
Sold Price
$45,500
Premium/Discount to List
-$4,500
-9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.70%
Original Mortgage
$48,590
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2012
Sold by
State Bk Of Herscher
Bought by
Kkey Properties Llc
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
Jfi Properties Llc $43,000 Kankakee County Title
Trust 2869 -- Ann L Brezinski Law Office Llc
Lopez Armando $45,500 Kankakee County Title
Kkey Properties Llc $13,500 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jfi Properties Llc $30,100
Previous Owner Lopez Armando $48,590
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2020 01/21/20 Sold $45,500 -9.0% --
12/20/2019 12/20/19 Pending -- -- --
10/03/2019 10/03/19 For Sale $50,000 -- --
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 $1,548 $13,095 $3,466 $9,629
2023 $1,492 $11,666 $3,088 $8,578
2022 $1,388 $10,211 $2,703 $7,508
2021 $1,310 $9,241 $2,446 $6,795
2020 $1,215 $8,307 $2,199 $6,108
2019 $1,158 $7,728 $2,046 $5,682
2018 $1,115 $7,155 $1,894 $5,261
2017 $1,249 $6,997 $1,852 $5,145
2016 $1,170 $6,860 $1,816 $5,044
2015 $1,130 $7,000 $1,853 $5,147
2014 $1,089 $7,000 $1,853 $5,147
2013 -- $20,315 $1,930 $18,385
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10538877

Midwest Real Estate Data (MRED)

APN: 16-17-06-217-002

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