$8,000
SOLD SEP 26, 2016

731 N 5th Ave Kankakee, IL 60901

1 Bed
1 Bath
632 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$13 Per Sq Ft

20% Below List Price

153 Days on Market

About This Home

As of September 2016

INVESTMENT OPPORTUNITY FOR SALE - eight (8) income producing properties containing 4 multi-family, 5 single-family and 1 commercial units with an overall 81% occupancy level in Kankakee, IL. Properties will be sold individually or as a bundle on an "As-Is" basis. See additional info for more details.

Last Agent to Sell the Property

John Arnold

Arnold Real Estate, LLC Listed on: 04/13/2016

Last Buyer's Agent

Marcos Rojas

Marcos Rojas Realty Inc License #471018390

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,193

Year Built

  • 1925

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Kitchen

  • Oven or Range

Parking

  • Parking Available
  • Off Alley Parking
  • Parking Space is Owned

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,193

Year Built

1925

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Disability Access: Yes
  • Disability Access Details: Entry Slope less than 1 foot, No Interior Steps
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1 Story
  • Zoning Type: COMMR
  • Estimated Year Built: 1925
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Number Of Rooms: 3
  • Living Room: Dimensions: 12X16, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Refrigerator
  • Basement: Slab
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Kitchen Type: Dimensions: 8X8, On Level: Main Level, Flooring: Vinyl
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 9X10, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 632

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.0552

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Off Alley
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Schools

  • School District: 111
  • Junior High Dist: 111

Lot Info

  • Lot Dimensions: 30' X 90'
  • Parcel Identification Number: 16093210602400

Tax Info

  • Taxes: 839

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2016
Closed on
Sep 30, 2016
Sold by
Holmes James G
Bought by
Rojas Marcos
Seller's Agent
John Arnold
Arnold Real Estate, LLC
Buyer's Agent
Marcos Rojas
Marcos Rojas Realty Inc
List Price
$10,000
Sold Price
$8,000
Premium/Discount to List
-$2,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.94%
Source: Public Records

Range of Values:

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

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Price Changed $49,900 +31.3% $79 / Sq Ft
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)

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 $1,193 $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

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09194028

Midwest Real Estate Data (MRED)

APN: 16-09-32-106-024