$38,000
$7K PRICE DROP

731 N 5th Ave Kankakee, IL 60901

Estimated payment $307/month

Total Views 36,214
1 Bed
1 Bath
632 Sq Ft
$60 Price per Sq Ft

Highlights

  • Living Room
  • No Interior Steps
  • 1-Story Property
  • Laundry Room
  • Accessibility Features
  • Forced Air Heating System

About This Home

INVESTMENT OPPORTUNITY FOR SALE - income producing property currently rented by section 8 tenant that has been there for more than 8 years..

Listing Agent

Marcos Rojas

Marcos Rojas Realty Inc License #471018390 Listed on: 01/03/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,150

Year Built

  • Built in 1925

Home Design

  • Asphalt Roof

Interior Spaces

  • 632 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Range
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Off Alley Parking

Accessible Home Design

  • Accessibility Features
  • No Interior Steps
  • Entry Slope Less Than 1 Foot

Additional Features

  • Lot Dimensions are 30 x 90
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,150

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Accessibility Features: Entry Slope less than 1 foot, No Interior Steps
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 632
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Cedar
  • List Price: 38000
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Alley, On Site, Owned
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 111

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30 X 90
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Tax Info

  • Tax Annual Amount: 1150
  • Tax Year: 2023
  • Tax Exemptions: None

Map

Range of Values:

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Average Value
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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 $1,193 $10,092 $2,512 $7,580
2023 $1,150 $8,991 $2,238 $6,753
2022 $1,069 $7,870 $1,959 $5,911
2021 $1,009 $7,122 $1,773 $5,349
2020 $936 $6,402 $1,594 $4,808
2019 $893 $5,956 $1,483 $4,473
2018 $859 $5,515 $1,373 $4,142
2017 $963 $5,394 $1,343 $4,051
2016 $902 $5,289 $1,317 $3,972
2015 $872 $5,397 $1,344 $4,053
2014 $840 $5,397 $1,344 $4,053
2013 -- $6,246 $1,400 $4,846
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 Price Changed $38,000 -4.8% $60 / Sq Ft
04/22/2025 04/22/25 Price Changed $39,900 -11.3% $63 / Sq Ft
01/03/2025 01/03/25 For Sale $45,000 +462.5% $71 / Sq Ft
09/26/2016 09/26/16 Sold $8,000 -20.0% $13 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $10,000 0.0% $16 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $10,000 -- $16 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Attorney Only
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12264025

Midwest Real Estate Data (MRED)

APN: 16-09-32-106-024