NOT LISTED FOR SALE

551 W Hickory St Kankakee, IL 60901

Estimated Value: $108,000 - $117,000

5 Beds
4 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold May 29, 2025

Last sale price $110,000

Est. 3% increase in value since last sale

Current estimated payment $868/month

68 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Car Attached Garage
  • Paved or Partially Paved Lot
  • Porch
  • Forced Air Heating System

About This Home

As of May 2025

Two homes with 3 units on one large lot. First home includes 2 units: 1st floor - 4 Rooms, 2 bed with unfinished basement & 1 car garage. Upper unit is 3 room, 1 bed. Additional home is a 1 story cottage with basement, 4 rooms and 2 bedrooms. Live in one and rent the other out. Near Kankakee River, hospitals and park. Show and sell.

Last Agent to Sell the Property

David Williamson

Choice Realty Group Inc. License #471010481 Listed on: 03/18/2025

Last Buyer's Agent

Ashley Zalewski

Coldwell Banker Realty License #475192538

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,203

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 65 x 100
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Off-Street Parking
  • Off-Site Parking
  • Assigned Parking

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Steel Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,203

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner

Exterior Features

  • Construction Materials: Steel Siding, Frame
  • Foundation Details: Block
  • Patio And Porch Features: Porch
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Off Site, Garage Owned, Attached, Assigned, Off Street, Owned, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.15
  • Lot Dimensions: 65 X 100
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3203
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s,2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2025
Closed on
May 21, 2025
Sold by
Jackson Priscilla
Bought by
Galvez Development Group Llc
Seller's Agent
David Williamson
Choice Realty Group Inc.
Buyer's Agent
Ashley Zalewski
Coldwell Banker Realty
List Price
$100,000
Sold Price
$110,000
Premium/Discount to List
$10,000
10%
Views
62
Current Estimated Value
$113,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,750
Avg. Annual Appreciation
5.21%
Original Mortgage
$88,000
Outstanding Balance
$87,695
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving
Estimated Equity
$26,055

Purchase Details

Closed on
May 16, 2017
Sold by
Nationstar Mtg Llc
Bought by
Jackson Priscilla
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Galvez Development Group Llc $110,000 Old Republic Title
Jackson Priscilla $29,500 Fidelity National Title Insura
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galvez Development Group Llc $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2025 05/29/25 Sold $110,000 0.0% --
05/25/2025 05/25/25 Pending -- -- --
05/16/2025 05/16/25 Off Market $110,000 -- --
03/31/2025 03/31/25 Pending -- -- --
03/21/2025 03/21/25 Price Changed $110,000 +10.0% --
03/18/2025 03/18/25 For Sale $100,000 -- --
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 $3,325 $28,121 $4,507 $23,614
2023 $3,203 $25,052 $4,015 $21,037
2022 $2,980 $21,927 $3,514 $18,413
2021 $2,812 $19,843 $3,180 $16,663
2020 $2,012 $13,756 $2,858 $10,898
2019 $1,918 $12,797 $2,659 $10,138
2018 $2,718 $17,440 $2,462 $14,978
2017 $3,044 $17,056 $2,408 $14,648
2016 $2,853 $16,722 $2,361 $14,361
2015 $2,755 $17,063 $2,409 $14,654
2014 $3,123 $20,074 $2,409 $17,665
2013 -- $24,601 $2,509 $22,092
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12315374

Midwest Real Estate Data (MRED)

APN: 16-17-06-214-011