NOT LISTED FOR SALE

662 W Merchant St Kankakee, IL 60901

Estimated Value: $46,000 - $72,000

2 Beds
2 Baths
-- Sq Ft
2,483 Sq Ft Lot

Last Sold February 24, 2023

Last sale price $39,900

Est. 44% increase in value since last sale

Current estimated payment $357/month

5 Days on Market

About This Home

As of February 2023

KANKAKEE - 2 UNIT RESIDENTIAL -FOR SALE - This is a great investment property in good condition. Call today to view!

Last Agent to Sell the Property

Buck Tamblyn

McColly Bennett Real Estate License #475131086 Listed on: 01/27/2023

McColly Bennett Real Estate

Last Buyer's Agent

Renee Lozano

@home realty|BROKERAGE License #475173575

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,591

Year Built

  • Built in 1910

Lot Details

  • 2,483

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Additional Features

  • Lot Dimensions are 50x50
  • Heating Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,591

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 3
  • Number of Cars: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Lot Info

  • Lot Dimensions: 50X50
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 21
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1590.98
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2023
Closed on
Feb 23, 2023
Sold by
Caparra Llc Clock Series
Bought by
Dm Prop Mgmt Llc
Seller's Agent
Buck Tamblyn
McColly Bennett Real Estate
Buyer's Agent
Renee Lozano
@home realty|BROKERAGE
List Price
$39,900
Sold Price
$39,900
Views
58
Current Estimated Value
$57,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,661
Avg. Annual Appreciation
13.32%
Original Mortgage
$31,920
Outstanding Balance
$27,989
Interest Rate
5.52%
Mortgage Type
New Conventional
Estimated Equity
$29,572
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
Dm Prop Mgmt Llc $39,900 Homestar Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dm Prop Mgmt Llc $31,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2023 02/24/23 Sold $39,900 0.0% --
02/02/2023 02/02/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $39,900 +141.8% --
04/11/2014 04/11/14 Sold $16,500 0.0% -- View Prior Sale
04/10/2014 04/10/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $16,500 -- --
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 $1,909 $15,908 $2,370 $13,538
2023 $1,839 $14,172 $2,111 $12,061
2022 $1,686 $12,405 $1,848 $10,557
2021 $1,591 $11,226 $1,672 $9,554
2020 $1,476 $10,091 $1,503 $8,588
2019 $1,407 $9,387 $1,398 $7,989
2018 $1,354 $8,691 $1,294 $7,397
2017 $1,517 $8,500 $1,266 $7,234
2016 $1,843 $10,805 $1,241 $9,564
2015 $1,780 $11,025 $1,266 $9,759
2014 $1,906 $12,249 $1,266 $10,983
2013 -- $15,012 $1,319 $13,693
Source: Public Records

Agents Affiliated with this Home

  • Buck Tamblyn

    Seller's Agent in 2023

    Buck Tamblyn

    McColly Bennett Real Estate

    (815) 325-2485

    73 in this area

    147 Total Sales

    Buck Tamblyn
    Section Image
  • Renee Lozano

    Buyer's Agent in 2023

    Renee Lozano

    @home realty|BROKERAGE

    (779) 529-2958

    4 in this area

    42 Total Sales

    Renee Lozano
    Section Image
  • Deanna Stanglewicz

    Seller's Agent in 2014

    Deanna Stanglewicz

    Coldwell Banker Residential

    (815) 937-4456

    6 in this area

    45 Total Sales

    Deanna Stanglewicz
    Section Image
  • Peter Grant

    Seller Co-Listing Agent in 2014

    Peter Grant

    Berkshire Hathaway HomeServices Speckman Realty

    (815) 405-8610

    45 in this area

    142 Total Sales

    Peter Grant
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11708547

Midwest Real Estate Data (MRED)

APN: 16-09-32-332-004

Illinois Kankakee County Kankakee 60901

662 W Merchant St, Kankakee, IL

Not Listed for Sale

MultiFamily

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