Linda Weigt
LaMore Realty
(815) 860-2813
113 Total Sales
5 in Kankakee
$156K - $220K Price Range
553 S 3rd Ave Kankakee, IL 60901
Kankakee AreaEstimated Value: $168,000
4
Beds
1
Bath
--
Sq Ft
1950
Built
About This Home
As of December 2025Introducing a beautifully refreshed two-story four-unit building in the heart of Kankakee, Illinois, just a couple of blocks from the upcoming East Riverwalk park, set to be completed by year's end. All Units are 1 bed 1 bath. Each unit in this fully rented property has been thoughtfully updated before occupancy, featuring modern vinyl plank flooring, fresh paint, and refinished cabinets and countertops. Each unit is equipped with its own refrigerator and stove. The building also offers a newer rubber roof (just three years old), durable vinyl windows, steel staircases, and a basement area with potential for coin laundry installation. Tenants cover their own electric, gas, and water, while the landlord covers sewer and garbage. Current rents are 800, 650, 600, and 750 per unit. Updated plumbing and electrical. Schedule your private showing today!
Last Agent to Sell the Property
Exclusive Realtors License #475.183817 Listed on: 09/23/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,032
Year Built
- Built in 1950
Home Design
- Stucco
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 1 Bathroom
Parking
- 8 Parking Spaces
- Parking Available
Additional Features
- Partial Basement
- Lot Dimensions are 50x100
- Heating Available
Community Details
- 4 Units
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
Sep 23, 2025
Closed on
Dec 4, 2025
Sold by
Bought by
Seller's Agent
Paul Kirkpatrick
Exclusive Realtors
Buyer's Agent
Antony Toledo
Realty of America, LLC
List Price
$194,900
Sold Price
$170,550
Premium/Discount to List
-$24,350
-12.49%
Views
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,550
Avg. Annual Appreciation
-2.29%
Original Mortgage
$174,421
Outstanding Balance
$173,400
Interest Rate
6.17%
Mortgage Type
VA
Estimated Equity
-$5,400
Purchase Details
Closed on
Apr 13, 2023
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 21, 2022
Sold by
Bought by
Purchase Details
Closed on
Mar 16, 2020
Sold by
Bought by
Purchase Details
Closed on
Dec 27, 2012
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Kankakee, IL
-
Linda Weigt
-
Dawn Lochner
Dawn Lochner
The Journey Home Realty Group
(815) 524-0231
93 Total Sales
3 in Kankakee
$75K - $165K Price Range
-
Jennifer Upshaw
Jennifer Upshaw
L. Upshaw Realty
(224) 287-9910
52 Total Sales
1 in Kankakee
$237,000 Price
-
James Goudreau
James Goudreau
Coldwell Banker Realty
(815) 306-4575
137 Total Sales
11 in Kankakee
$50K - $399K Price Range
-
Jerrick Longest
Jerrick Longest
@properties Christie's International Real Estate
(815) 552-0389
224 Total Sales
1 in Kankakee
$130,000 Price
-
Dana Miramontes
Dana Miramontes
Berkshire Hathaway HomeServices Speckman Realty
(779) 205-4341
131 Total Sales
16 in Kankakee
$43K - $233K Price Range
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 |
|---|---|---|---|
| $171,000 | Old Republic Title | ||
| -- | None Listed On Document | ||
| $120,000 | Homestar Title | ||
| -- | Regas Neeley P | ||
| $30,000 | Kankakee Cnty Title & Tr |
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 | $174,421 | ||
| Closed | $115,000 |
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 |
|---|---|---|---|---|
| 12/09/2025 12/09/25 | Sold | $170,550 | -12.5% | -- |
| 10/21/2025 10/21/25 | Pending | -- | -- | -- |
| 09/23/2025 09/23/25 | For Sale | $194,900 | -- | -- |
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 | $3,224 | $29,112 | $2,427 | $26,685 |
| 2024 | $3,032 | $25,649 | $2,138 | $23,511 |
| 2023 | $2,922 | $22,850 | $1,905 | $20,945 |
| 2022 | $2,718 | $20,000 | $1,667 | $18,333 |
| 2021 | $2,834 | $20,000 | $1,667 | $18,333 |
| 2020 | $2,925 | $20,000 | $1,667 | $18,333 |
| 2019 | $2,997 | $20,000 | $1,667 | $18,333 |
| 2018 | $3,117 | $20,000 | $1,667 | $18,333 |
| 2017 | $3,569 | $20,000 | $1,667 | $18,333 |
| 2016 | $3,412 | $20,000 | $1,667 | $18,333 |
| 2015 | $3,230 | $20,000 | $1,667 | $18,333 |
| 2014 | $5,601 | $36,000 | $1,667 | $34,333 |
| 2013 | -- | $36,000 | $1,667 | $34,333 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Kirkpatrick
Seller's Agent in 2025
Paul Kirkpatrick
Exclusive Realtors
(815) 405-2964
150 Total Sales
-
Antony Toledo
A
Buyer's Agent in 2025
Antony Toledo
Realty of America, LLC
(815) 325-5012
9 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12479360
APN: 16-17-06-222-018
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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