NOT LISTED FOR SALE

507 S Harrison Ave Kankakee, IL 60901

Estimated Value: $96,000 - $160,000

4 Beds
2 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold October 23, 2019

Last sale price $19,500

Est. 531% increase in value since last sale

Current estimated payment $937/month

118 Days on Market

About This Home

As of October 2019

4 bed, 2 bath home located in Kankakee, IL. In need of updates and repairs before move in ready, once complete this will make a great home.

Last Agent to Sell the Property

Ryan Gehris

USRealty.com, LLP License #471012933 Listed on: 06/20/2019

Last Buyer's Agent

Ryan Gehris

USRealty.com, LLP License #471012933 Listed on: 06/20/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x145

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1921
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 19900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Other
  • Heating: Other
  • Water Source: Other

Schools

  • Middle/Junior School District: 111

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 50X145
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3059.62
  • Tax Year: 2017

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
Oct 15, 2019
Sold by
2019 Castle Llc
Bought by
Arce Ramon and Guzman-Munoz Esther
Seller's Agent
Ryan Gehris
USRealty.com, LLP
Buyer's Agent
Ryan Gehris
USRealty.com, LLP
List Price
$29,900
Sold Price
$19,500
Premium/Discount to List
-$10,400
-34.78%
Current Estimated Value
$123,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,500
Avg. Annual Appreciation
36.64%

Purchase Details

Closed on
Jun 25, 2019
Sold by
Renaissance Home Equity Loan Trust
Bought by
2019 Castle Llc

Purchase Details

Closed on
Jun 18, 2019
Sold by
Renaissance Home Eqity Loan Tr
Bought by
2019 Castle Llc

Purchase Details

Closed on
Dec 19, 2018
Sold by
Sheriff Of Kankakee County
Bought by
Renaissance Home Equity Loan T
Source: Public Records

Range of Values:

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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
Arce Ramon $19,500 Kankakee County Title
2019 Castle Llc $15,500 Premium Title
2019 Castle Llc $15,500 Premium Title
Renaissance Home Equity Loan T -- Potestivo & Associates Pc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2019 10/23/19 Sold $19,500 -2.0% --
10/16/2019 10/16/19 Pending -- -- --
09/04/2019 09/04/19 Price Changed $19,900 -9.1% --
08/14/2019 08/14/19 Price Changed $21,900 -15.4% --
07/02/2019 07/02/19 Price Changed $25,900 -13.4% --
06/20/2019 06/20/19 For Sale $29,900 -- --
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 $3,383 $28,458 $4,230 $24,228
2023 $1,828 $14,213 $3,768 $10,445
2022 $1,701 $12,440 $3,298 $9,142
2021 $927 $6,497 $2,683 $3,814
2020 $957 $6,497 $2,683 $3,814
2019 $2,840 $18,829 $2,496 $16,333
2018 $2,734 $17,434 $2,311 $15,123
2017 $3,060 $17,050 $2,260 $14,790
2016 $2,868 $16,716 $2,216 $14,500
2015 $2,772 $17,057 $2,261 $14,796
2014 $2,968 $18,953 $2,261 $16,692
2013 -- $19,743 $2,355 $17,388
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10423581

Midwest Real Estate Data (MRED)

APN: 16-17-05-122-010