NOT LISTED FOR SALE

682 S Indiana Ave Kankakee, IL 60901

12 Beds
12 Baths
-- Sq Ft
18,295 Sq Ft

Last Sold October 25, 2019

Last sale price $446,000

432 Days on Market

About This Home

As of October 2019

BEAUTIFULLY maintained residential apartment building with river views! These 8 spacious units are a mix of 1 & 2 bedroom apartments - each with nice kitchens, plenty of storage, and 1.5 to 2 baths. The residents share an 8-car detached garage, plus a small parking lot. There is a large common area/recreation room in the basement, along with laundry facilities. Close to the Riverview Historic District. A VERY attractive property - call to arrange a private showing!

Last Agent to Sell the Property

Susan Fisher

Coldwell Banker Realty License #475133610 Listed on: 05/31/2018

Coldwell Banker Realty

Last Buyer's Agent

Susan Fisher

Coldwell Banker Realty License #475133610 Listed on: 05/31/2018

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1969

Lot Details

  • 0.42

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Cedar

Utilities

  • Central Air

Additional Features

  • Partially Finished Basement

Community Details

  • Insurance Expense $2,100

Listing and Financial Details

  • Tenant pays for electric
  • $3,680 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1969

Lot Details

0.42 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Land Trust
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2017
  • Net Oper Income: 66620
  • Outdoor Parking: 1-5 Spaces
  • Roof Coverings: Wood Shakes
  • Roof Structure: Flat
  • Scavenger Expense: 780
  • Total Annual Exp: 7380
  • Total Annual Income: 73500
  • Total Monthly Income: 6125
  • Number Of Disposals: 8
  • Number of Ranges: 8
  • Number Of Refrigs: 8
  • Number Of Stories: 2
  • Estimated Year Built: 1969
  • Type Multi Family: Corridor-Interior Entrance, Courtyard
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1969

Interior Features

  • Basement: Partially Finished

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick, Cedar
  • Acreage: 0.42
  • Construction: Brick, Concrete
  • Frontage Access: City Street

Garage/Parking

  • Indoor Parking: 6-12 Spaces
  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Central Air
  • Fire Protection: Alarm On Site, Fire Extinguisher/s, Smoke or Fire Protectors
  • Heatventilation: Electric, Forced Air
  • Water Expense: 5400

Condo/Co-op/Association

  • Units in Building: 8

Fee Information

  • Electricity Expense: 1200
  • Electrical Service: Circuit Breakers, 101-200 Amps

Lot Info

  • Lot Dimensions: 126X145
  • Lot Sq Ft: 18270
  • Land Amenities: Curbs and Gutters, Lighting/Exterior, Sidewalks
  • Parcel Identification Number: 16170532300800

Rental Info

  • Gross Rental Income: 73500
  • Tenant Pays: Electric

Multi Family

  • Insurance Expense: 2100
  • Number Of Dishwashers: 8
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: $15,651
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2019 10/25/19 Sold $446,000 0.0% --
09/01/2019 09/01/19 Off Market $446,000 -- --
08/06/2019 08/06/19 Pending -- -- --
08/02/2019 08/02/19 Pending -- -- --
05/30/2019 05/30/19 Price Changed $470,000 -2.1% --
09/25/2018 09/25/18 Price Changed $480,000 -4.0% --
05/31/2018 05/31/18 For Sale $500,000 +14.2% --
12/12/2017 12/12/17 Off Market $438,000 -- --
09/07/2017 09/07/17 Sold $438,000 -9.7% -- View Prior Sale
07/28/2017 07/28/17 Pending -- -- --
06/16/2016 06/16/16 For Sale $485,000 -- --
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
2024 $14,778 $125,000 $11,177 $113,823
2023 $15,983 $125,000 $11,177 $113,823
2022 $16,986 $125,000 $11,177 $113,823
2021 $17,715 $125,000 $11,177 $113,823
2020 $18,283 $125,000 $11,177 $113,823
2019 $15,051 $100,440 $11,177 $89,263
2018 $15,651 $100,440 $11,177 $89,263
2017 $17,924 $100,440 $11,177 $89,263
2016 $17,133 $100,440 $11,177 $89,263
2015 $18,022 $111,600 $11,177 $100,423
2014 $17,362 $111,600 $11,177 $100,423
2013 -- $111,600 $11,177 $100,423
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09968445

Midwest Real Estate Data (MRED)
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