NOT LISTED FOR SALE

594 S Main Ave Kankakee, IL 60901

Estimated Value: $100,000 - $163,000

3 Beds
2 Baths
-- Sq Ft
7,492 Sq Ft Lot Lot

Sale Details

Date Sold: November 22, 2021

Last sale price $82,000

Est. 50% increase in value since last sale

Current estimated payment $787 / mo

29 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Ceiling Fan
  • 2 Car Detached Garage
  • Patio

About This Home

As of November 2021

Great investment opportunity! TWO UNIT on a very quiet corner lot in West Kankakee. Large fenced in yard with concrete patio and two car detached garage. Long term tenants/month-to-month leases/good cash flow. Washer and dryer hook up in both units and also the basement. Refrigerator and stove remain in both units. 1st floor has large family room being used as 3rd bedroom. Schedule your showing today.

Last Agent to Sell the Property

Lynn Randazzo

Berkshire Hathaway HomeServices Speckman Realty License #471020052 Listed on: 09/22/2021

Berkshire Hathaway HomeServices Speckman Realty

Last Buyer's Agent

Allison Ascher

Coldwell Banker Realty License #475159237

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 50x150
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Converted Dwelling
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

7,492 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Dimensions: 50X150
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 5126.7
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Converted Residence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Nov 17, 2021
Sold by
Midland States Bank Successor By Merger
Bought by
Malloy Joseph Ryan and Malloy Kayleigh
Seller's Agent
Lynn Randazzo
Berkshire Hathaway HomeServices Speckman Realty
Buyer's Agent
Allison Ascher
Coldwell Banker Realty
List Price
$82,000
Sold Price
$82,000
Current Estimated Value
$122,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,624
Avg. Annual Appreciation
9.33%
Original Mortgage
$61,500
Outstanding Balance
$56,383
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$66,241

Purchase Details

Closed on
May 18, 2017
Sold by
Homestar Bank & Financial Svcs
Bought by
Homestar Bk & Fncl Serv Tr 1430
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Malloy Joseph Ryan $82,000 Kankakee County Title
Homestar Bk & Fncl Serv Tr 1430 -- Homestar Title
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 Malloy Joseph Ryan $61,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2021 11/22/21 Sold $82,000 0.0% --
10/22/2021 10/22/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $82,000 -- --
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
2025 $6,533 $38,333 $6,395 $31,938
2024 $6,533 $55,259 $5,634 $49,625
2023 $6,295 $49,228 $5,019 $44,209
2022 $5,855 $43,088 $4,393 $38,695
2021 $5,526 $38,994 $3,976 $35,018
2020 $5,127 $35,051 $3,574 $31,477
2019 $4,886 $32,606 $3,325 $29,281
2018 $4,705 $30,191 $3,079 $27,112
2017 $5,269 $29,526 $3,011 $26,515
2016 $4,938 $28,947 $2,952 $25,995
2015 $4,770 $29,538 $3,012 $26,526
2014 $5,107 $32,824 $3,012 $29,812
2013 -- $34,192 $3,138 $31,054
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11226305

Midwest Real Estate Data (MRED)

APN: 16-16-01-219-008

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