Seller's Agent in 2025
Harriet Kubicz
HomeSmart Realty Group
(708) 870-1802
1 in this area
88 Total Sales
450 S Dearborn Ave Kankakee, IL 60901
--
Bed
--
Bath
--
Sq Ft
1966
Built
Highlights
- Forced Air Heating and Cooling System
- Baseboard Heating
- Wood Siding
About This Home
As of October 202519 Units - 3 buildings, Located less than 2 blocks from Phase 1 of the Kankakee Riverfront Revitalization project, close to shopping, expressway, downtown area, 2 1/2 blocks to Kankakee Farmers Market, plus plenty of restaurants, this Investment Opportunity consists of 3 buildings totaling 19 units. 2024 Real Estate taxes $ 19,055.84 for all 3 buildings. All tenants have access to laundry room facilities located in building 450 (washers/dryers are leased). In addition there is a 5 car garage for additional income/owner use. Tenants responsible their own electric. Owner pays electric for common areas of Building 450, Water & refuse & Gas for all 3 buildings. 450 Dearborn is a brick 12 unit building consisting of 10-2 bedroom units, 2 - 1 bedroom units, roof replaced approx 2017-2018. Building 440 (16-17-05-114-004), windows 2024-2025, Vinyl siding 8/25 and consists of 3 units. Building 466 (16-17-05-114-022) is a brick/stone & siding 4 unit consisting of all 1 bedroom units. Roof & Siding replaced in 2018. Tenants in building 466 have central air. See feature sheet / rent roll for full details. Building Ages of 440 & 466 is unknown. Units in building 440 & 450 have wall or window a/c units (many newer units). 12 unit is serviced by hot water heat (included in rent), 440 & 466 have forced air heat.
Last Agent to Sell the Property
HomeSmart Realty Group License #471020838 Listed on: 08/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,056
Year Built
- Built in 1966
Lot Details
- Lot Dimensions are 150 x 145
- Additional Parcels
Home Design
- Mixed Use
- Brick Exterior Construction
- Wood Siding
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Unfinished Basement
Utilities
- Forced Air Heating and Cooling System
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 19 Units
Building Details
- Electric Expense $1,200
- Fuel Expense $10,503
- Insurance Expense $7,793
- Maintenance Expense $10,000
- Other Expense $500
- Trash Expense $1,260
- Water Sewer Expense $31,000
- Gross Income $231,024
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/24/2025 10/24/25 | Sold | $1,150,000 | -8.7% | -- | |
| 09/06/2025 09/06/25 | Pending | -- | -- | -- | |
| 08/18/2025 08/18/25 | For Sale | $1,260,000 | +165.3% | -- | |
| 12/18/2018 12/18/18 | Sold | $475,000 | -13.6% | -- | View Prior Sale |
| 09/21/2018 09/21/18 | Pending | -- | -- | -- | |
| 07/31/2018 07/31/18 | For Sale | $550,000 | -- | -- |
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 | $11,818 | $99,964 | $4,276 | $95,688 |
| 2023 | $12,782 | $99,964 | $4,276 | $95,688 |
| 2022 | $13,584 | $99,964 | $4,276 | $95,688 |
| 2021 | $14,167 | $99,964 | $4,276 | $95,688 |
| 2020 | $14,621 | $99,964 | $4,276 | $95,688 |
| 2019 | $11,167 | $74,520 | $4,276 | $70,244 |
| 2018 | $11,612 | $74,520 | $4,276 | $70,244 |
| 2017 | $13,298 | $74,520 | $4,276 | $70,244 |
| 2016 | $12,712 | $74,520 | $4,276 | $70,244 |
| 2015 | $13,371 | $82,800 | $4,276 | $78,524 |
| 2014 | $12,882 | $82,800 | $4,276 | $78,524 |
| 2013 | -- | $82,800 | $4,276 | $78,524 |
Source: Public Records
Agents Affiliated with this Home
-
Harriet Kubicz
-
Cristina Antons
C
Buyer's Agent in 2025
Cristina Antons
New Neighbors Real Estate
(815) 260-2322
8 in this area
54 Total Sales
-
Deanna Stanglewicz
Seller's Agent in 2018
Deanna Stanglewicz
Coldwell Banker Residential
(815) 937-4456
6 in this area
46 Total Sales
-
Karla Adams
Buyer's Agent in 2018
Karla Adams
Coldwell Banker Realty
(815) 644-0077
5 in this area
32 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12446043
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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