NOT LISTED FOR SALE

740 S Kankakee St Wilmington, IL 60481

Estimated Value: $192,000 - $247,000

5 Beds
2 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold December 17, 2020

Last sale price $173,000

Est. 31% increase in value since last sale

Current estimated payment $1,530/month

128 Days on Market

Highlights

  • Deck
  • L.J. Stevens Intermediate School Rated A-
  • Wooded Lot

About This Home

As of December 2020

Enjoy this updated & move in ready Wilmington 2 unit! Live in one unit and rent out the other! In-law living arrangement possibilities! Featuring a 3 bedroom 1 bathroom home along with a 2 bedroom 1 bathroom home attached! Ranch 1 story floor plans with laundry in each unit! Granite counter tops, new flooring, new cabinets, fresh paint, the list of "news" and "upgrades" goes on and on here! Spacious wooded yard! Make an appointment to view today!

Last Agent to Sell the Property

Robert Findlay

Findlay Real Estate Group Inc License #471019089 Listed on: 07/04/2020

Co-Listed By

Valerie Findlay

Findlay Real Estate Group Inc License #475168571

Last Buyer's Agent

Mark Shell

Pro Real Estate License #471000250

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,906

Year Renovated

  • 2020

Lot Details

  • 7,841 Sq Ft Lot
  • Wooded Lot

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Additional Features

  • Deck
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,906

Year Renovated

2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Laundry Hook-Up

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 174900
  • Lot Features: Wooded, Rear of Lot
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Schools

  • Middle/Junior School District: 209U

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 7980
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2905.86
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 1 Story Unit/s,Coach House,Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2020
Closed on
Dec 9, 2020
Sold by
Romano Aaron
Bought by
Wilkerson Timothy
Seller's Agent
Robert Findlay
Findlay Real Estate Group Inc
Buyer's Agent
Mark Shell
Pro Real Estate
List Price
$174,900
Sold Price
$173,000
Premium/Discount to List
-$1,900
-1.09%
Current Estimated Value
$226,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,171
Avg. Annual Appreciation
4.64%
Original Mortgage
$129,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2020
Sold by
Perry Christopher
Bought by
Romano Aaron

Purchase Details

Listed on
Apr 17, 2019
Closed on
May 20, 2019
Sold by
Johnson Margaret F
Bought by
Perry Christopher
Seller's Agent
Judith Sundine
Pro Real Estate
Buyer's Agent
Mindy Rampa
Coldwell Banker Real Estate Group
List Price
$49,900
Sold Price
$20,000
Premium/Discount to List
-$29,900
-59.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.95%
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 Buyer Sale Price Title Company
Wilkerson Timothy $173,000 Chicago Title
Romano Aaron $30,000 Fidelity Title
Perry Christopher $20,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilkerson Timothy $129,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2020 12/17/20 Sold $173,000 -1.1% --
11/09/2020 11/09/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $174,900 0.0% --
08/13/2020 08/13/20 Pending -- -- --
07/04/2020 07/04/20 For Sale $174,900 +774.5% --
05/20/2019 05/20/19 Sold $20,000 -59.9% $19 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $49,900 -- $46 / 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
2023 $3,571 $44,683 $14,081 $30,602
2022 $3,126 $40,463 $12,751 $27,712
2021 $2,977 $37,763 $11,900 $25,863
2020 $2,937 $36,770 $11,587 $25,183
2019 $2,906 $36,046 $11,359 $24,687
2018 $2,855 $35,225 $11,100 $24,125
2017 $2,693 $32,905 $10,369 $22,536
2016 $2,462 $30,230 $9,526 $20,704
2015 $2,509 $29,507 $9,298 $20,209
2014 $2,509 $29,805 $9,392 $20,413
2013 $2,509 $31,761 $10,008 $21,753
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10769665

Midwest Real Estate Data (MRED)

APN: 03-17-36-125-023