NOT LISTED FOR SALE

583 S 3rd Ave Kankakee, IL 60901

Estimated Value: $55,000 - $156,000

3 Beds
3 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold February 10, 2017

Last sale price $25,000

Est. 317% increase in value since last sale

Current estimated payment $752/month

12 Days on Market

About This Home

As of February 2017

3 Unit Apartment building, each unit is 1 bedroom & 1 bathroom, handicap accessible. Building has large parking with 6 spaces. Building rents for $500 a unit. Building exterior does need repair, being sold AS IS. Cash or Conventional Only. Seller will not pay for any inspections or survey required to close.

Last Agent to Sell the Property

Cindy Olson-Purdy

Berkshire Hathaway HomeServices Speckman Realty License #471005118 Listed on: 12/07/2016

Berkshire Hathaway HomeServices Speckman Realty

Co-Listed By

Brit Wilkening

Berkshire Hathaway HomeServices Speckman Realty License #475163585

Last Buyer's Agent

Frank Tripodi

Ultimate Realty Brokerage Svs License #471003718

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 35 x 150

Home Design

  • Ranch Style House
  • Aluminum Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Space is Owned

Utilities

  • Baseboard Heating

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1976
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Handicap Access
  • MRD_AppliancesAndFeatures: Handicap Access
  • MRD_AppliancesAndFeatures: Handicap Access

Exterior Features

  • List Price: 26900
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Water Source: Public

Schools

  • Middle/Junior School District: 111

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 35 X 150
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 1803.14
  • Tax Year: 2015

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2020
Sold by
Trust No H1259
Bought by
Municipal Trust & Savings Bank
Current Estimated Value
$104,263
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
Municipal Trust & Savings Bank -- Chaplinski Claire
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2017 02/10/17 Sold $25,000 0.0% --
12/19/2016 12/19/16 Pending -- -- --
12/11/2016 12/11/16 Off Market $25,000 -- --
12/07/2016 12/07/16 For Sale $26,900 -- --
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 $2,470 $20,889 $4,230 $16,659
2023 $2,379 $18,609 $3,768 $14,841
2022 $2,213 $16,288 $3,298 $12,990
2021 $2,089 $14,741 $2,985 $11,756
2020 $1,938 $13,250 $2,683 $10,567
2019 $1,847 $12,326 $2,496 $9,830
2018 $1,778 $11,413 $2,311 $9,102
2017 $1,992 $11,162 $2,260 $8,902
2016 $1,867 $10,943 $2,216 $8,727
2015 $1,803 $11,166 $2,261 $8,905
2014 $2,611 $16,786 $2,261 $14,525
2013 -- $20,571 $2,355 $18,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09401163

Midwest Real Estate Data (MRED)

APN: 16-17-06-222-020