NOT LISTED FOR SALE

459 S Harrison Ave Kankakee, IL 60901

Estimated Value: $94,000 - $214,000

4 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold February 01, 2024

Last sale price $65,000

Est. 118% increase in value since last sale

Current estimated payment $1,036/month

83 Days on Market

About This Home

As of February 2024

Investment Opportunity Two-Unit Four Bedroom, Two Bathroom Property Welcome to this fantastic investment opportunity! This two-unit property offers incredible potential for savvy investors. With both an upper and lower unit, each featuring two bedrooms and one bathroom, this property is ready to generate substantial rental income. This property is in great condition, making it a turnkey investment. The spacious full basement provides additional storage and potential for further development. With low property taxes and an abundance of outdoor space, the possibilities for growth and improvement are substantial. This property offers a remarkable opportunity for any investor looking to expand their portfolio. The potential for high rental returns combined with the property's overall condition makes it a must-see. Don't miss out on the chance to own this gem! Schedule your own private showing today! Previous deal fell apart due to buyer unable to obtain financing at no fault of the seller.

Last Agent to Sell the Property

Rory Hertzberg

Village Realty, Inc License #475168321 Listed on: 07/19/2023

Village Realty, Inc

Co-Listed By

Dalton Leathers

Village Realty, INC License #475207036

Last Buyer's Agent

Susan Edwards

Real People Realty License #475182689

Real People Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,134

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 145x50

Home Design

  • Converted Dwelling
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,134

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 145X50
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 3134.4
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2023
Sold by
Trust No 1260
Bought by
Harris Catrina
Current Estimated Value
$141,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,486
Interest Rate
7.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 6, 2006
Sold by
Stover David M
Bought by
Homestar Bank Tr 1260
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Harris Catrina $65,000 Old Republic Title
Homestar Bank Tr 1260 $82,500 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris Catrina $97,486
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2024 02/01/24 Sold $65,000 -18.6% --
10/11/2023 10/11/23 Pending -- -- --
10/02/2023 10/02/23 For Sale $79,900 0.0% --
09/21/2023 09/21/23 Pending -- -- --
08/29/2023 08/29/23 For Sale $79,900 0.0% --
07/27/2023 07/27/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $79,900 -- --
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 $3,496 $29,405 $4,230 $25,175
2023 $3,369 $26,196 $3,768 $22,428
2022 $3,134 $22,929 $3,298 $19,631
2021 $2,960 $20,751 $2,985 $17,766
2020 $2,747 $18,652 $2,683 $15,969
2019 $2,617 $17,351 $2,496 $14,855
2018 $2,520 $16,066 $2,311 $13,755
2017 $2,820 $15,712 $2,260 $13,452
2016 $2,643 $15,404 $2,216 $13,188
2015 $2,554 $15,718 $2,261 $13,457
2014 $2,735 $17,468 $2,261 $15,207
2013 -- $18,196 $2,355 $15,841
Source: Public Records

Agents Affiliated with this Home

  • Rory Hertzberg

    Seller's Agent in 2024

    Rory Hertzberg

    Village Realty, Inc

    (815) 954-3937

    672 Total Sales

    Rory Hertzberg
    Section Image

  • D

    Seller Co-Listing Agent in 2024

    Dalton Leathers

    Village Realty, INC

    (708) 478-1212

    12 Total Sales

    Dalton Leathers
    Section Image
  • Susan Edwards

    Buyer's Agent in 2024

    Susan Edwards

    Real People Realty

    (815) 782-1550

    12 Total Sales

    Susan Edwards
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11836807

Midwest Real Estate Data (MRED)

APN: 16-17-05-115-014

Illinois Kankakee County Kankakee 60901

459 S Harrison Ave, Kankakee, IL

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