J
Seller's Agent in 2019
Jerry Downs
Ultimate Realty Brokerage Services
(815) 329-8275
3 Total Sales
490 W Water St Kankakee, IL 60901
Estimated Value: $132,000 - $166,000
4
Beds
2
Baths
--
Sq Ft
7,405
Sq Ft Lot
About This Home
As of September 2019Great Investment. Could be just the home for large a family or two separate rental units with separate entrances and garages. Priced has been lowered. Great income builder. Across the street is the river for your viewing and fishing enjoyment and parks close by too. Lowered price for motivated seller. remodeled bathroom and new carpet in one unit. Must see for the value.
Last Agent to Sell the Property
Ultimate Realty Brokerage Services Listed on: 06/05/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,820
Year Built
- Built in 1957
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50x150
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Parking Space is Owned
Home Design
- Duplex
- Brick Exterior Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Additional Features
- Crawl Space
- Heating System Uses Natural Gas
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 10, 2025
Sold by
Zeus Investments Llc
Bought by
490 W Water St-Trust
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,399
Outstanding Balance
$331,924
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
-$177,019
Purchase Details
Listed on
Jun 5, 2019
Closed on
Sep 27, 2019
Sold by
Forbes Gerald R
Bought by
Zeus Investments Llc
Seller's Agent
Jerry Downs
Ultimate Realty Brokerage Services
Buyer's Agent
Allison Ascher
Coldwell Banker Realty
List Price
$109,500
Sold Price
$90,000
Premium/Discount to List
-$19,500
-17.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%
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 |
|---|---|---|---|
| 490 W Water St-Trust | -- | None Listed On Document | |
| Zeus Investments Llc | $90,000 | Burnet Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 490 W Water St-Trust | $335,399 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/27/2019 09/27/19 | Sold | $90,000 | -9.5% | -- |
| 08/19/2019 08/19/19 | Pending | -- | -- | -- |
| 08/14/2019 08/14/19 | Price Changed | $99,500 | -9.1% | -- |
| 06/05/2019 06/05/19 | For Sale | $109,500 | -- | -- |
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 | $4,824 | $40,803 | $5,634 | $35,169 |
| 2023 | $4,648 | $36,350 | $5,019 | $31,331 |
| 2022 | $4,323 | $31,816 | $4,393 | $27,423 |
| 2021 | $4,081 | $28,793 | $3,976 | $24,817 |
| 2020 | $3,785 | $25,881 | $3,574 | $22,307 |
| 2019 | $2,709 | $24,076 | $3,325 | $20,751 |
| 2018 | $2,539 | $22,293 | $3,079 | $19,214 |
| 2017 | $2,820 | $21,802 | $3,011 | $18,791 |
| 2016 | $2,623 | $21,375 | $2,952 | $18,423 |
| 2015 | $2,758 | $23,081 | $3,012 | $20,069 |
| 2014 | $3,056 | $25,646 | $3,012 | $22,634 |
| 2013 | -- | $28,420 | $3,138 | $25,282 |
Source: Public Records
Agents Affiliated with this Home
-
Jerry Downs
-
Allison Ascher
Buyer's Agent in 2019
Allison Ascher
Coldwell Banker Realty
(815) 298-4097
355 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10405911
APN: 16-17-06-409-001
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