NOT LISTED FOR SALE

540 S Small Ave Kankakee, IL 60901

Estimated Value: $139,000 - $167,715

2 Beds
2 Baths
930 Sq Ft
$167/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $130,000 $140 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,004/month

21 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • 2 Car Attached Garage
  • Bonus Room
  • Enclosed Patio or Porch
  • 1-minute walk to River Road Park

About This Home

As of March 2022

This home is located at 540 S Small Ave, Kankakee, IL 60901 since 18 November 2021 and is currently estimated at $155,679, approximately $167 per square foot. 540 S Small Ave is a home located in Kankakee County with nearby schools including Kennedy Middle Grade School, Taft Primary School, and Kankakee Junior High School.

Last Agent to Sell the Property

Dustin Kooy

Village Realty Inc License #475191164 Listed on: 11/18/2021

Village Realty Inc

Last Buyer's Agent

Amelia Bodie

Village Realty, Inc License #475157822

Village Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,949

Lot Details

  • Lot Dimensions are 50 x 150
  • Property is zoned SINGL

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off Alley Parking
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 930 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 930
  • Room Type: Enclosed Porch, Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Primary Bedroom Bath: None
  • Second Bedroom Flooring: Hardwood
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Vinyl
  • Living Room Flooring: Hardwood
  • Master Bedroom Flooring: Hardwood
  • Second Bedroom Window Treatments: Blinds
  • Master Bedroom Window Treatments: Blinds

Exterior Features

  • List Price: 120000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Alley, Driveway
  • ParkingTotal: 2
  • Number of Cars: 4
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Baseboard
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 111

Lot Info

  • Lot Dimensions: 50 X 150
  • Zoning: SINGL
  • 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: 2948.98
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Mar 16, 2022
Sold by
Duncan Homes Inc
Bought by
Sackett Diamond and Krapf Joseph W
Seller's Agent
Dustin Kooy
Village Realty Inc
Buyer's Agent
Amelia Bodie
Village Realty, Inc
List Price
$120,000
Sold Price
$130,000
Premium/Discount to List
$10,000
8.33%
Current Estimated Value
$155,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,679
Avg. Annual Appreciation
5.62%
Original Mortgage
$127,645
Outstanding Balance
$120,261
Interest Rate
4.38%
Mortgage Type
FHA
Estimated Equity
$36,667

Purchase Details

Listed on
Aug 25, 2020
Closed on
Sep 4, 2020
Sold by
Becky Bellman
Bought by
Duncan Homes Inc
Seller's Agent
Pamela Baron
Nugent Curtis Real Estate LLC
Buyer's Agent
Dustin Kooy
Keller Williams Preferred Rlty
List Price
$69,999
Sold Price
$57,000
Premium/Discount to List
-$12,999
-18.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.02%
Original Mortgage
$76,000
Interest Rate
2.9%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Sackett Diamond $130,000 Kankakee County Title
Duncan Homes Inc $57,000 Homestar Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krapf Joseph W Casey $9,336
Closed Krapf Joseph W Casey $8,504
Open Krapf Joseph W Casey $127,645
Closed Sackett Diamond $127,645
Previous Owner Duncan Homes Inc $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $130,000 +8.3% $140 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $120,000 +110.5% $129 / Sq Ft
09/09/2020 09/09/20 Sold $57,000 -18.6% $61 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $69,999 -- $75 / Sq Ft
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 $4,876 $41,245 $5,634 $35,611
2023 $4,698 $36,744 $5,019 $31,725
2022 $4,370 $32,161 $4,393 $27,768
2021 $4,125 $29,105 $3,976 $25,129
2020 $2,949 $26,162 $3,574 $22,588
2019 $2,748 $24,337 $3,325 $21,012
2018 $2,577 $22,535 $3,079 $19,456
2017 $2,862 $22,039 $3,011 $19,028
2016 $2,662 $21,607 $2,952 $18,655
2015 $2,779 $23,209 $3,012 $20,197
2014 $2,677 $23,209 $3,012 $20,197
2013 -- $24,177 $3,138 $21,039
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11267704

Midwest Real Estate Data (MRED)

APN: 16-17-06-116-004