NOT LISTED FOR SALE

591 S May Ave Kankakee, IL 60901

Estimated Value: $140,000 - $192,000

4 Beds
2 Baths
1,476 Sq Ft
$114/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $125,000 $85 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,365/month

Highlights

  • Deck
  • Bonus Room
  • Living Room
  • Main Floor Bedroom
  • 2 Car Detached Garage
  • 1-minute walk to River Road Park

About This Home

As of July 2023

This home is located at 591 S May Ave, Kankakee, IL 60901 since 20 April 2023 and is currently estimated at $167,714, approximately $113 per square foot. This property was built in 1940. 591 S May 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

Rory Hertzberg

Village Realty, Inc License #475168321 Listed on: 04/20/2023

Village Realty, Inc

Co-Listed By

Dalton Leathers

Village Realty, INC License #475207036

Last Buyer's Agent

Rory Hertzberg

Village Realty, Inc License #475168321 Listed on: 04/20/2023

Village Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,704

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Property is zoned SINGL

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,476 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Vinyl Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Unfinished Basement

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

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,704

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1940
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: First Floor Bedroom, First Floor Full Bath
  • LivingArea: 1476
  • Room Type: Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Vinyl
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 124900
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • 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 Size Acres: 0.17
  • 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: 4703.8
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
Jul 17, 2023
Sold by
Trust Number 3033
Bought by
Wilkins Jolene
Seller's Agent
Rory Hertzberg
Village Realty, Inc
Buyer's Agent
Rory Hertzberg
Village Realty, Inc
List Price
$124,900
Sold Price
$125,000
Premium/Discount to List
$100
0.08%
Views
4
Current Estimated Value
$171,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,254
Avg. Annual Appreciation
15.43%
Original Mortgage
$10,000
Outstanding Balance
$3,521
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$164,721

Purchase Details

Closed on
Mar 7, 2022
Sold by
Lamarr Suzanne K
Bought by
Trust Number 3033
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
Wilkins Jolene $125,000 Burnet Title
Trust Number 3033 -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkins Jolene $10,000
Open Wilkins Jolene $117,012
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $125,000 +0.1% $85 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $124,900 +316.3% $85 / Sq Ft
08/28/2012 08/28/12 Sold $30,000 -11.8% $20 / Sq Ft
07/20/2012 07/20/12 Pending -- -- --
07/03/2012 07/03/12 Price Changed $34,000 -12.8% $23 / Sq Ft
05/18/2012 05/18/12 For Sale $39,000 -- $26 / 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 $5,121 $49,312 $5,634 $43,678
2023 $6,326 $49,475 $5,019 $44,456
2022 $5,069 $43,304 $4,393 $38,911
2021 $4,704 $39,190 $3,976 $35,214
2020 $4,275 $35,227 $3,574 $31,653
2019 $4,012 $32,770 $3,325 $29,445
2018 $3,793 $30,343 $3,079 $27,264
2017 $4,225 $29,675 $3,011 $26,664
2016 $3,939 $29,093 $2,952 $26,141
2015 $3,825 $29,686 $3,012 $26,674
2014 $3,685 $29,686 $3,012 $26,674
2013 -- $30,923 $3,138 $27,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11764451

Midwest Real Estate Data (MRED)

APN: 16-17-06-116-016