NOT LISTED FOR SALE

610 N Chicago Ave Kankakee, IL 60901

Estimated Value: $72,000 - $106,000

3 Beds
2 Baths
-- Sq Ft
7,231 Sq Ft Lot Lot

Sale Details

Date Sold: November 29, 2022

Last sale price $77,500

Est. 24% increase in value since last sale

Current estimated payment $608 / mo

248 Days on Market

Highlights

  • Traditional Architecture
  • Fenced Yard
  • Porch
  • Corner Lot
  • 2 Car Detached Garage
  • Ceiling Fan

About This Home

As of November 2022

BRAND NEW ROOF - from the rafters up - on house AND garage! Seller just spent over $20,000 to further improve this well-maintained 2-unit home. The property is fully rented, and has been a solid money-maker over the years for the owners. Other updates have been done as needed: Recent changes include Newer Furnace, Sewer/Water hook up to street, Sump Pump, and Electrical. Apt #1 (main level) is a spacious 2BR, 1 bath unit w/laundry room, and Apt #2 is a comfortable 1BR, 1 bath unit. *All appliances stay.*Set on a fenced corner lot.*Convenient to downtown & all commuter access points.*Seller willing to offer $1000 closing incentive w/acceptable offer.* A PRIME investment opportunity - live in one & rent the other, or lease them both. Come and see! (c)2022

Last Agent to Sell the Property

Susan Fisher

Coldwell Banker Realty License #475133610 Listed on: 02/16/2022

Coldwell Banker Realty

Co-Listed By

Sarah Powers

Coldwell Banker Realty License #475136610

Last Buyer's Agent

Marialinda Contreras

eXp Realty License #475197275

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,467

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50x145
  • Fenced Yard
  • Chain Link Fence
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Off Alley Parking
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Block Foundation
  • Stone Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Proegler Elementary School
  • King Middle Grade School
  • Kankakee High School

Utilities

  • Heating Available
  • Satellite Dish
  • Cable TV Available
  • TV Antenna

Additional Features

  • Ceiling Fan
  • Porch

Community Details

Overview

  • 2 Units

Building Details

  • Trash Expense $1,320
  • Net Operating Income $12,413

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,467

Year Built

Built in 1900

Lot Details

7,231 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: TV-Cable, TV-Dish, TV Antenna, Ceiling Fan(s), Sump Pump
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Block, Brick/Mortar, Stone
  • Lot Features: Corner Lot, Fenced Yard, Chain Link Fence, Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Other

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Alley
  • ParkingTotal: 2
  • Number of Cars: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Trash Expense: 1320
  • Trash Expense Year: 2021

Schools

  • Elementary School: Proegler School
  • High School: Kankakee High School
  • Middle/Junior School: King Middle Grade School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X145
  • Zoning: LNC
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Multi Family

  • Net Operating Income: 12413
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 2466.56
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
Nov 29, 2022
Sold by
Cephus Fritz and Cephus Terri L
Bought by
Garcia Julian and Garcia Pedro Antonio
Seller's Agent
Susan Fisher
Coldwell Banker Realty
Buyer's Agent
Marialinda Contreras
eXp Realty
List Price
$85,000
Sold Price
$77,500
Premium/Discount to List
-$7,500
-8.82%
Views
14
Current Estimated Value
$95,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,298
Avg. Annual Appreciation
6.45%
Original Mortgage
$58,125
Outstanding Balance
$55,966
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$39,832

Purchase Details

Closed on
Jan 22, 2009
Sold by
Saxon Mortgage Services Inc
Bought by
Cephus Terri L and Cephus Fritz D
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

Date Buyer Sale Price Title Company
Garcia Julian $77,500 Kankakee County Title
Cephus Terri L $7,000 Standard Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Julian $58,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2022 11/29/22 Sold $77,500 -8.8% --
10/23/2022 10/23/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $85,000 -- --
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 $2,916 $27,994 $1,284 $26,710
2024 $2,916 $24,664 $1,131 $23,533
2023 $2,810 $21,973 $1,008 $20,965
2022 $2,613 $19,232 $882 $18,350
2021 $2,467 $17,404 $798 $16,606
2020 $2,288 $15,644 $717 $14,927
2019 $2,181 $14,553 $667 $13,886
2018 $2,100 $13,475 $618 $12,857
2017 $2,352 $13,178 $604 $12,574
2016 $2,204 $12,919 $592 $12,327
2015 $2,129 $13,183 $604 $12,579
2014 $2,051 $13,183 $604 $12,579
2013 -- $13,732 $629 $13,103
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11326287

Midwest Real Estate Data (MRED)

APN: 16-09-32-223-009

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