Seller's Agent in 2022
Brenda Ervin
Coldwell Banker Realty
(815) 685-0106
73 Total Sales
592 N Dearborn Ave Kankakee, IL 60901
Estimated Value: $118,000 - $126,000
5
Beds
2
Baths
--
Sq Ft
3,485
Sq Ft Lot
About This Home
As of May 2022GREAT INVESTMENT OPPORTUNITY CLOSE TO DOWN TOWN! PREVIOUS DEAL FAIL APART! SELLER MOTIVATED TO SELL!! Income producing 2 Flat! Unit 1 is a 3 bedroom w/1 bath which is currently RENTED. Upstairs Unit 2 has 2 bedroom and 1 bath -VACANT. Tenants pay Electric. Owner pays water & sewer. NEXT DOOR 4 unit w/ 3 BR SF Home is listed by the same owner! MAKE AN OFFER AND OWN BOTH CORNERS! Look up MLS #s 10748526/10748527 to see the neighboring properties! Financials available upon request! Properties can be purchased as a package along with MLS #s: 10748513, 10748524, 10748526, 10748527!! NOTE: CALL ME FOR INFO!!! SERIOUS INQUIRIES ONLY!! SOLD AS IS!!!!
Last Agent to Sell the Property
Coldwell Banker Realty License #475153918 Listed on: 06/16/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,044
Year Built
- Built in 1880
Lot Details
- Lot Dimensions are 50x70
- Corner Lot
- Paved or Partially Paved Lot
Home Design
- Stone Foundation
- Asphalt Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 2 Full Bathrooms
Parking
- 4 Parking Spaces
- Driveway
- Uncovered Parking
- Off-Street Parking
- Parking Included in Price
Additional Features
- Crawl Space
- Baseboard Heating
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 14, 2024
Sold by
Clear Capital Kankakee Llc
Bought by
Cedar Grove Property Investment Holdings Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,770,000
Interest Rate
6.79%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 14, 2023
Sold by
Clear Capital Llc
Bought by
Clear Capital Kankakee Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,250
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Jun 16, 2020
Closed on
May 25, 2022
Sold by
Wesley Realty Group Incorporated
Bought by
Clear Capital Llc
Seller's Agent
Brenda Ervin
Coldwell Banker Realty
Buyer's Agent
Stephen Styck
Styken Real Estate and Property Management
List Price
$59,500
Sold Price
$40,000
Premium/Discount to List
-$19,500
-32.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.94%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cedar Grove Property Investment Holdings Llc | $1,300,000 | Kankakee Title | |
| Clear Capital Kankakee Llc | -- | National Builder & Bancorp Tit | |
| Clear Capital Llc | $40,000 | Burnet Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Cedar Grove Property Investment Holdings Llc | $1,770,000 | |
| Previous Owner | Clear Capital Kankakee Llc | $377,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2022 05/31/22 | Sold | $40,000 | -32.8% | -- |
| 05/07/2022 05/07/22 | Pending | -- | -- | -- |
| 05/03/2022 05/03/22 | Price Changed | $59,500 | 0.0% | -- |
| 05/03/2022 05/03/22 | For Sale | $59,500 | -8.5% | -- |
| 09/17/2021 09/17/21 | Pending | -- | -- | -- |
| 06/16/2020 06/16/20 | For Sale | $65,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $1,350 | $11,251 | $766 | $10,485 |
| 2023 | $1,301 | $10,023 | $682 | $9,341 |
| 2022 | $1,192 | $8,773 | $597 | $8,176 |
| 2021 | $1,125 | $7,939 | $540 | $7,399 |
| 2020 | $1,044 | $7,136 | $485 | $6,651 |
| 2019 | $995 | $6,638 | $451 | $6,187 |
| 2018 | $958 | $6,147 | $418 | $5,729 |
| 2017 | $1,073 | $6,012 | $409 | $5,603 |
| 2016 | $1,005 | $5,894 | $401 | $5,493 |
| 2015 | $971 | $6,014 | $409 | $5,605 |
| 2014 | $936 | $6,014 | $409 | $5,605 |
| 2013 | -- | $6,265 | $426 | $5,839 |
Source: Public Records
Agents Affiliated with this Home
-
Brenda Ervin
-
Stephen Styck
Buyer's Agent in 2022
Stephen Styck
Styken Real Estate and Property Management
(815) 781-8060
68 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10748520
APN: 16-09-32-401-001
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