Seller's Agent in 2023
Berry McCracken
Coldwell Banker Realty
(815) 954-7761
238 Total Sales
481 N Adams St Kankakee, IL 60901
Estimated Value: $90,000 - $148,408
3
Beds
2
Baths
--
Sq Ft
6,098
Sq Ft Lot
Highlights
- Property is near a park
- Garage ceiling height seven feet or more
- 1-Story Property
- 1.5 Car Detached Garage
- Bungalow
- Two Heating Systems
About This Home
As of January 2023Excellent INVESTMENT PROPERTY! Ready to make money from day one. Nothing left to do. The 2 bedroom is in GREAT CONDITION and the 1 bedroom was RENOVATED approx. 12 years ago! This is priced to sell QUICKLY! Or LIVE in one side and rent the other. Have the tenant make the MAJORITY of your payment FOR YOU! What a great way to start to OWN REAL ESTATE! SEPARATE UTILITIES. Plus there is a GARAGE! DON'T MISS this opportunity! Not many buildings like this available now. Many places for tenants to get JOBS NEARBY like RIVERSIDE HOSPITAL, Ascension St. Mary's Hospital, Shapiro, CSL BEHRING, NuCor Steel, Serologicals Proteins, KANKAKEE SCHOOL DISTRICT, Urban Farmer Pizza, IKO Roofing and more! Lots of places to go and things to do nearby for FUN with the KANKAKEE RIVER for fishing and boating and KAYAKING, lots of public parks, Grapes and Hops, Haigh Quarry, SPLITTING TARGETS, Skydive Greater Kankakee, Reed's Canoe Trips, OUT ON A LIMB with Karaoke, Krack Brewing, historic PARAMOUNT THEATER, Kankakee Farmer's Market, Stefari Cafe and more! GOOD TENANTS and leases end on 2/2023. 24 hours notice needed, please. Seller will entertain all reasonable offers!
Last Agent to Sell the Property
Coldwell Banker Realty License #475090283 Listed on: 10/21/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,410
Year Built
- Built in 1908
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50x125
- Paved or Partially Paved Lot
Parking
- 1.5 Car Detached Garage
- Garage ceiling height seven feet or more
- Parking Included in Price
Home Design
- Bungalow
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1-Story Property
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Location
- Property is near a park
Schools
- Kankakee High School
Utilities
- Two Heating Systems
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 2 Units
- Gross Income $1,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 21, 2022
Closed on
Jan 13, 2023
Sold by
Bernhard Michael E
Bought by
Reyes Hilda
Seller's Agent
Berry McCracken
Coldwell Banker Realty
Buyer's Agent
Jennifer Martinez
Real Broker, LLC
List Price
$97,987
Sold Price
$75,000
Premium/Discount to List
-$22,987
-23.46%
Views
73
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,602
Avg. Annual Appreciation
23.15%
Purchase Details
Closed on
Nov 30, 2010
Sold by
Hatley Edward E and Hatley Carol M
Bought by
Bernhard Mark J and Bernhard Michael E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,125
Interest Rate
4.19%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reyes Hilda | $75,000 | Kankakee County Title | |
| Bernhard Mark J | $49,500 | Kankakee Cnty Title & Tr |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bernhard Mark J | $37,125 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/13/2023 01/13/23 | Sold | $75,000 | -16.7% | -- |
| 12/07/2022 12/07/22 | Pending | -- | -- | -- |
| 11/18/2022 11/18/22 | Price Changed | $89,987 | -8.2% | -- |
| 10/21/2022 10/21/22 | For Sale | $97,987 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $2,849 | $24,098 | $3,385 | $20,713 |
| 2023 | $2,745 | $21,469 | $3,016 | $18,453 |
| 2022 | $2,554 | $18,791 | $2,640 | $16,151 |
| 2021 | $2,410 | $17,005 | $2,389 | $14,616 |
| 2020 | $2,236 | $15,285 | $2,147 | $13,138 |
| 2019 | $2,131 | $14,218 | $1,997 | $12,221 |
| 2018 | $2,051 | $13,165 | $1,849 | $11,316 |
| 2017 | $2,298 | $12,875 | $1,808 | $11,067 |
| 2016 | $2,153 | $12,623 | $1,773 | $10,850 |
| 2015 | $2,080 | $12,880 | $1,809 | $11,071 |
| 2014 | $2,109 | $13,557 | $1,809 | $11,748 |
| 2013 | -- | $14,122 | $1,884 | $12,238 |
Source: Public Records
Agents Affiliated with this Home
-
Berry McCracken
-
Jennifer Martinez
Buyer's Agent in 2023
Jennifer Martinez
Real Broker, LLC
(815) 200-3676
10 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11658220
APN: 16-09-32-304-016
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