$80,000
SOLD SEP 9, 2025

491 S Dearborn Ave Kankakee, IL 60901

3 Beds
1 Bath
1,992 Sq Ft
1895 Built

Recently Sold

$40 Per Sq Ft

16% Below List Price

14 Days on Market

Highlights

  • Home Office
  • 1 Car Attached Garage
  • Heating System Uses Steam
  • Formal Dining Room
  • Laundry Room
  • Family Room

About This Home

As of September 2025

Full of character and opportunity, this 3-bedroom, 1-bath home offers 1,992 square feet of living space. Built in 1895, the home showcases beautiful original woodwork throughout, high ceilings, and large rooms that reflect timeless craftsmanship. Located just blocks from downtown Kankakee and the proposed Riverwalk project, this property is ideally situated for future growth and revitalization. Whether you're a homeowner with a vision or an investor looking for your next project, this historic gem is ready to be brought back to life.

Last Agent to Sell the Property

Kellie Baranowski

Berkshire Hathaway HomeServices Speckman Realty License #475198159 Listed on: 05/08/2025

Berkshire Hathaway HomeServices Speckman Realty

Last Buyer's Agent

Ronny Picado

Chicagoland Brokers, Inc. License #475108625

Chicagoland Brokers, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,887

Year Built

  • Built in 1895

Lot Details

  • Lot Dimensions are 60x85
  • Property is zoned SINGL

Parking

  • 1 Car Attached Garage

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,992 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Steam

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,887

Year Built

Built in 1895

Lot Details

0

Parking

1

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: 1895
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished, Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • LivingArea: 1992
  • Room Type: Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Interior Stair

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Steam
  • 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: 60X85
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 2887
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2025
Closed on
Sep 8, 2025
Sold by
Neufeld Jeremy Michael
Bought by
Hernandez Marin Araceli and Gonzalez Ramirez Alberto
Seller's Agent
Kellie Baranowski
Berkshire Hathaway HomeServices Speckman Realty
Buyer's Agent
Ronny Picado
Chicagoland Brokers, Inc.
List Price
$95,000
Sold Price
$80,000
Premium/Discount to List
-$15,000
-15.79%
Views
38
Current Estimated Value
$93,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,733
Avg. Annual Appreciation
51.73%
Original Mortgage
$64,000
Outstanding Balance
$64,000
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
$29,733

Purchase Details

Closed on
Apr 24, 2023
Sold by
Neufeld Richard Lee
Bought by
Neufeld Jeremy Michael
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $80,000 Khs Title
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $64,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2025 09/09/25 Sold $80,000 -5.9% $40 / Sq Ft
05/25/2025 05/25/25 Pending -- -- --
05/25/2025 05/25/25 Price Changed $85,000 -10.5% $43 / Sq Ft
05/10/2025 05/10/25 For Sale $95,000 -- $48 / Sq Ft
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 $3,042 $25,346 $3,803 $21,543
2023 $2,931 $22,580 $3,388 $19,192
2022 $2,686 $19,763 $2,965 $16,798
2021 $2,535 $17,885 $2,683 $15,202
2020 $2,352 $16,077 $2,412 $13,665
2019 $2,241 $14,956 $2,244 $12,712
2018 $2,158 $13,848 $2,078 $11,770
2017 $2,417 $13,543 $2,032 $11,511
2016 $2,265 $13,277 $1,992 $11,285
2015 $2,188 $13,548 $2,033 $11,515
2014 $2,342 $15,053 $2,033 $13,020
2013 -- $15,681 $2,118 $13,563
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12359973

Midwest Real Estate Data (MRED)

APN: 16-17-05-113-017