NOT LISTED FOR SALE

506 S 5th Ave Kankakee, IL 60901

Estimated Value: $62,000 - $166,000

3 Beds
2 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold July 19, 2021

Last sale price $115,000

Est. 8% increase in value since last sale

Current estimated payment $832/month

46 Days on Market

About This Home

As of July 2021

Great investment opportunity. Main floor unit fully renovated April 2021. New laminate flooring, new carpet in the bedroom, bathroom fully upgraded with new tub and shower surround, new vanity, all freshly painted. Kitchen tile backsplash installed, cabinets painted and new hardware installed New stove and refrigerator. New Fenced yard. Upstairs unit renovated in 2019, new shower and vanity, carpet and tile. kitchen tile backsplash. The main floor has access to washer dryer hookups just off the kitchen. The upstairs unit has access to washer dryer hookups in the basement.

Last Agent to Sell the Property

Rory Hertzberg

Village Realty, Inc License #475168321 Listed on: 04/19/2021

Village Realty, Inc

Last Buyer's Agent

Carmen Chavers

Real People Realty License #471013887

Real People Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,748

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50' x 73'
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,748

Year Built

Built in 1900

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: TV-Cable
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 50' X 73'
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 1747.6
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jul 16, 2021
Sold by
Siemon Moore
Bought by
Craig Yancy
Seller's Agent
Rory Hertzberg
Village Realty, Inc
Buyer's Agent
Carmen Chavers
Real People Realty
List Price
$117,000
Sold Price
$115,000
Premium/Discount to List
-$2,000
-1.71%
Current Estimated Value
$123,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,778
Avg. Annual Appreciation
1.62%
Original Mortgage
$112,917
Outstanding Balance
$102,455
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$21,323

Purchase Details

Listed on
Sep 4, 2018
Closed on
Jan 31, 2019
Sold by
Phillip Rice Jeffery
Bought by
Moore Siemon
Seller's Agent
Leanne Provost
Berkshire Hathaway HomeServices Speckman Realty
Buyer's Agent
Jessica Seyden
Berkshire Hathaway HomeServices Speckman Realty
List Price
$78,000
Sold Price
$79,000
Premium/Discount to List
$1,000
1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.42%
Original Mortgage
$77,569
Interest Rate
5.25%
Mortgage Type
FHA
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
Craig Yancy $115,000 Burnet Title
Moore Siemon $79,000 Standard Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craig Yancy $112,917
Previous Owner Moore Siemon $77,569
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2021 07/19/21 Sold $115,000 0.0% --
06/04/2021 06/04/21 Pending -- -- --
05/04/2021 05/04/21 Price Changed $115,000 -1.7% --
04/19/2021 04/19/21 For Sale $117,000 +48.1% --
01/31/2019 01/31/19 Sold $79,000 +1.3% -- View Prior Sale
09/26/2018 09/26/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $78,000 -- --
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 $2,337 $19,764 $2,999 $16,765
2023 $2,251 $17,607 $2,672 $14,935
2022 $2,094 $15,411 $2,339 $13,072
2021 $1,977 $13,947 $2,117 $11,830
2020 $1,834 $12,537 $1,903 $10,634
2019 $1,748 $11,662 $1,770 $9,892
2018 $1,683 $10,798 $1,639 $9,159
2017 $1,884 $10,560 $1,603 $8,957
2016 $1,766 $10,353 $1,572 $8,781
2015 $1,706 $10,564 $1,604 $8,960
2014 $1,643 $10,564 $1,604 $8,960
2013 -- $12,946 $1,671 $11,275
Source: Public Records

Agents Affiliated with this Home

  • Rory Hertzberg

    Seller's Agent in 2021

    Rory Hertzberg

    Village Realty, Inc

    (815) 954-3937

    163 in this area

    667 Total Sales

    Rory Hertzberg
    Section Image
  • Carmen Chavers

    Buyer's Agent in 2021

    Carmen Chavers

    Real People Realty

    (708) 228-4944

    1 in this area

    38 Total Sales

    Carmen Chavers
    Section Image
  • Leanne Provost

    Seller's Agent in 2019

    Leanne Provost

    Berkshire Hathaway HomeServices Speckman Realty

    (815) 790-1646

    30 in this area

    198 Total Sales

    Leanne Provost
    Section Image
  • Jessica Seyden

    Buyer's Agent in 2019

    Jessica Seyden

    Berkshire Hathaway HomeServices Speckman Realty

    (417) 496-6328

    26 in this area

    99 Total Sales

    Jessica Seyden
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11058121

Midwest Real Estate Data (MRED)

APN: 16-17-06-221-001

Illinois Kankakee County Kankakee 60901

506 S 5th Ave, Kankakee, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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