$79,500
PENDING $36K PRICE DROP

653 E River St Kankakee, IL 60901

Estimated payment $673/month

Total Views 19,956
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

KANKAKEE - 2 UNIT FOR SALE - Investor alert, great investment/income producing property or live in one unit and rent the other! Located near the Kankakee River, downtown Kankakee, and main thoroughfares. Each unit has its own furnace, new in 2021. Call today!

Listing Agent

Buck Tamblyn

McColly Bennett Real Estate License #475131086 Listed on: 11/12/2024

McColly Bennett Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,073

Year Built

  • Built in 1920

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Unassigned Parking

Additional Features

  • Lot Dimensions are 50 x 65
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,073

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Contingent
  • SomePhotosVirtuallyStaged: No
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Frame
  • OtherStructures: Garage Faces Side
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned, Garage Faces Side, Yes, Owned
  • ParkingTotal: 2

Utilities

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50 X 65
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 3073.36
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 $3,073 $25,853 $2,958 $22,895
2023 $2,962 $23,031 $2,635 $20,396
2022 $2,756 $20,158 $2,306 $17,852
2021 $2,602 $18,243 $2,087 $16,156
2020 $2,415 $16,398 $1,876 $14,522
2019 $2,301 $15,254 $1,745 $13,509
2018 $2,215 $14,124 $1,616 $12,508
2017 $2,479 $13,813 $1,580 $12,233
2016 $2,324 $13,542 $1,549 $11,993
2015 $2,245 $13,819 $1,581 $12,238
2014 $2,164 $13,819 $1,581 $12,238
2013 -- $14,395 $1,647 $12,748
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2025 11/14/25 Pending -- -- --
10/22/2025 10/22/25 Price Changed $79,500 -3.6% --
09/04/2025 09/04/25 Price Changed $82,500 -2.9% --
08/06/2025 08/06/25 Price Changed $85,000 -5.6% --
05/28/2025 05/28/25 Price Changed $90,000 -5.3% --
03/17/2025 03/17/25 Price Changed $95,000 -5.0% --
01/09/2025 01/09/25 Price Changed $100,000 -9.1% --
11/25/2024 11/25/24 Price Changed $110,000 -4.3% --
11/12/2024 11/12/24 For Sale $115,000 +91.7% --
06/30/2022 06/30/22 Sold $60,000 -7.7% -- View Prior Sale
06/13/2022 06/13/22 Pending -- -- --
06/04/2022 06/04/22 For Sale $65,000 +33.7% --
12/09/2019 12/09/19 Sold $48,600 -17.5% -- View Prior Sale
11/12/2019 11/12/19 Pending -- -- --
10/06/2019 10/06/19 Price Changed $58,900 -1.7% --
08/25/2019 08/25/19 For Sale $59,900 +327.9% --
10/04/2012 10/04/12 Sold $14,000 +1.6% -- View Prior Sale
09/10/2012 09/10/12 Pending -- -- --
08/27/2012 08/27/12 Price Changed $13,775 -5.0% --
06/21/2012 06/21/12 Price Changed $14,500 -4.6% --
05/07/2012 05/07/12 Price Changed $15,200 -4.9% --
04/09/2012 04/09/12 Price Changed $15,990 -4.8% --
03/06/2012 03/06/12 For Sale $16,800 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- National Builder & Bancorp Tit
Warranty Deed $60,000 Homestar Title
Deed $50,000 Homestar Title
Quit Claim Deed -- Ann L Brezinski Law Office Llc
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $377,250 Credit Line Revolving
Previous Owner $37,500 New Conventional
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12200241

Midwest Real Estate Data (MRED)

APN: 16-17-05-222-016