NOT LISTED FOR SALE

482 S 5th Ave Kankakee, IL 60901

Estimated Value: $74,000 - $183,000

3 Beds
1 Bath
1,492 Sq Ft
$76/Sq Ft Est. Value

Last Sold June 28, 2022

Last sale price $60,000 $40 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $781/month

25 Days on Market

About This Home

As of June 2022

Very spacious 4 Bedroom, 2 Bath home with many updates. Updated Roof, Windows, and Siding. Close to Pharmacy, Jewel Osco, Hospitals, Parks, Bus Station and Downtown Kankakee. Section 8 approved. Currently under lease till January 31,2023. $1,050 monthly rent. Long term Tenants. Investor owned property available for sale with other properties if buyer is interested with mls # 11323341,11323343,11339512,11347351,11354284. Owner is a licensed Real Estate Agent.

Last Agent to Sell the Property

Monica Pizano

RE/MAX Prestige Homes License #471021493 Listed on: 03/04/2022

RE/MAX Prestige Homes

Last Buyer's Agent

Rory Hertzberg

Village Realty, Inc License #475168321

Village Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,105

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50x150
  • Property is zoned SINGL

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,492 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,105

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1492
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 50X150
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 2104.9
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2024
Sold by
Municipal Trust & Savings Bank
Bought by
Solinghome Llc
Current Estimated Value
$106,636

Purchase Details

Listed on
Mar 4, 2022
Closed on
Jun 25, 2022
Sold by
Turco Robert V and Turco Nanette Tammie
Bought by
Trust 3055
Seller's Agent
Monica Pizano
RE/MAX Prestige Homes
Buyer's Agent
Rory Hertzberg
Village Realty, Inc
List Price
$70,000
Sold Price
$60,000
Premium/Discount to List
-$10,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.85%
Original Mortgage
$135,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2008
Sold by
Ayala Guadalupe J
Bought by
Turco Robert V
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Solinghome Llc -- None Listed On Document
Trust 3055 $130,000 Standard Title
Turco Robert V -- Law Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trust 3055 $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2022 06/28/22 Sold $60,000 -14.3% $40 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $70,000 -- $47 / Sq Ft
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 $2,682 $22,688 $4,230 $18,458
2023 $2,584 $20,212 $3,768 $16,444
2022 $2,404 $17,691 $3,298 $14,393
2021 $2,269 $16,010 $2,985 $13,025
2020 $2,105 $14,391 $2,683 $11,708
2019 $2,006 $13,387 $2,496 $10,891
2018 $1,932 $12,395 $2,311 $10,084
2017 $2,163 $12,122 $2,260 $9,862
2016 $2,027 $11,885 $2,216 $9,669
2015 $1,958 $12,127 $2,261 $9,866
2014 $2,219 $14,266 $2,261 $12,005
2013 -- $17,483 $2,355 $15,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11339496

Midwest Real Estate Data (MRED)

APN: 16-17-06-218-007