NOT LISTED FOR SALE

531 N Schuyler Ave Kankakee, IL 60901

Kankakee Area

Estimated Value: $62,000 - $89,325

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

Sale Details

Date Sold: February 9, 2023

Last sale price $35,000

Est. 108% increase in value since last sale

Current estimated payment $539 / mo

22 Days on Market

About This Home

As of February 2023

KANKAKEE - FOR SALE - TWO UNIT investment property Some original trim, and in good condition. Separate water heaters. Long-time tenant downstairs. Right on outskirts of downtown; close to everything. Good investment, priced to sell! Call today!

Last Agent to Sell the Property

Buck Tamblyn

McColly Bennett Real Estate License #475131086 Listed on: 12/28/2022

McColly Bennett Real Estate

Last Buyer's Agent

Renee Lozano

@home realty|BROKERAGE License #475173575

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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,394

Year Built

  • Built in 1910

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x145
  • Paved or Partially Paved Lot

Home Design

  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Additional Features

  • 2-Story Property
  • Porch
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,394

Year Built

Built in 1910

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Porch
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.16
  • Lot Dimensions: 50X145
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1394
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2022
Closed on
Feb 9, 2023
Sold by
Bought by
Seller's Agent
Buck Tamblyn
McColly Bennett Real Estate
Buyer's Agent
Renee Lozano
@home realty|BROKERAGE
List Price
$45,000
Sold Price
$35,000
Premium/Discount to List
-$10,000
-22.22%
Views
123
Current Estimated Value
$72,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,775
Avg. Annual Appreciation
23.41%
Original Mortgage
$28,000
Interest Rate
5.14%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$35,000 Homestar Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $75,000
Closed $28,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/09/2023 02/09/23 Sold $35,000 -12.5% --
01/20/2023 01/20/23 Pending -- -- --
01/18/2023 01/18/23 Price Changed $40,000 -11.1% --
12/28/2022 12/28/22 For Sale $45,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,673 $15,820 $1,284 $14,536
2024 $1,673 $13,938 $1,131 $12,807
2023 $1,612 $12,417 $1,008 $11,409
2022 $1,477 $10,868 $882 $9,986
2021 $1,394 $9,835 $798 $9,037
2020 $1,293 $8,840 $717 $8,123
2019 $1,232 $8,223 $667 $7,556
2018 $1,186 $7,614 $618 $6,996
2017 $1,329 $7,446 $604 $6,842
2016 $1,245 $7,300 $592 $6,708
2015 $1,203 $7,449 $604 $6,845
2014 $1,159 $7,449 $604 $6,845
2013 -- $7,759 $629 $7,130
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11692233

Midwest Real Estate Data (MRED)

APN: 16-09-32-218-013

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