$10,000
SOLD FEB 28, 2025

541 E Chestnut St Kankakee, IL 60901

2 Beds
1 Bath
1,014 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$10 Per Sq Ft

33% Below List Price

265 Days on Market

Highlights

  • Living Room
  • 1-Story Property
  • Family Room
  • Laundry Room
  • Dining Room

About This Home

As of February 2025

Investment opportunity! The property is being sold as-is. Cash Only!

Last Agent to Sell the Property

Maurice Sullivan

Berkshire Hathaway HomeServices Speckman Realty License #475201725 Listed on: 05/31/2024

Berkshire Hathaway HomeServices Speckman Realty

Last Buyer's Agent

Berry McCracken

Coldwell Banker Realty License #475090283

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 35x60
  • Property is zoned SINGL

Interior Spaces

  • 1,014 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • No Heating

Home Details

Home Type

Single Family

Lot Details

0

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: Unknown
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1014
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: None
  • 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 Size Acres: 0.05
  • Lot Dimensions: 35X60
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 1089.16
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2025
Sold by
Correa Juan and Correa Jose Juan
Bought by
Ortega Sergio Raul Vera
Current Estimated Value
$68,720

Purchase Details

Listed on
May 31, 2024
Closed on
Feb 28, 2025
Sold by
Strickland Jimmie L and Sullivan George
Bought by
Correa Juan
Seller's Agent
Maurice Sullivan
Berkshire Hathaway HomeServices Speckman Realty
Buyer's Agent
Berry McCracken
Coldwell Banker Realty
List Price
$15,000
Sold Price
$10,000
Premium/Discount to List
-$5,000
-33.33%
Views
697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
980.03%

Purchase Details

Closed on
Sep 19, 2022
Sold by
Strickland Kendall
Bought by
Strickland Jimmie L and Sullivan George

Purchase Details

Closed on
Jan 3, 2019
Sold by
Trust No 16 & 09 & 32 & 414 & 011
Bought by
Strickland Kendall L

Purchase Details

Closed on
Nov 9, 2018
Sold by
County Of Kankakee
Bought by
Trust No 16 & 09 & 32 & 414 & 011
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 Type Sale Price Title Company
Contract Of Sale $104,990 --
Warranty Deed $10,000 Community Title
Quit Claim Deed $4,500 None Listed On Document
Deed -- Schrimpf Stephen P
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes -- Schrimpf Stephen P
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $10,000 -33.3% $10 / Sq Ft
01/03/2025 01/03/25 Price Changed $15,000 0.0% $15 / Sq Ft
01/03/2025 01/03/25 For Sale $15,000 +50.0% $15 / Sq Ft
12/12/2024 12/12/24 Off Market $10,000 -- --
05/31/2024 05/31/24 For Sale $18,000 -- $18 / 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 $1,215 $10,279 $579 $9,700
2023 $1,171 $9,157 $516 $8,641
2022 $1,089 $8,015 $452 $7,563
2021 $1,028 $7,253 $409 $6,844
2020 $954 $6,520 $368 $6,152
2019 $909 $6,065 $342 $5,723
2018 $0 $5,616 $317 $5,299
2017 $980 $5,492 $310 $5,182
2016 $918 $5,384 $304 $5,080
2015 $887 $5,494 $310 $5,184
2014 $855 $5,494 $310 $5,184
2013 -- $5,723 $323 $5,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11929190

Midwest Real Estate Data (MRED)

APN: 16-09-32-414-011