NOT LISTED FOR SALE

818 S 3rd Ave Kankakee, IL 60901

Estimated Value: $153,000 - $253,320

8 Beds
4 Baths
-- Sq Ft
6,098 Sq Ft Lot Lot

Sale Details

Date Sold: February 3, 2021

Last sale price $175,260

Est. 14% increase in value since last sale

Current estimated payment $1,278 / mo

7 Days on Market

Highlights

  • Balcony
  • Entrance Foyer
  • Baseboard Heating
  • Patio
  • Property is near bus stop

About This Home

As of February 2021

WELL-MAINTAINED all brick 4-unit apartment building in desirable West Kankakee! All units are 2BR, 1 bath, and approximately 650 sq ft. Tenants pay electric, and landlord pays water/sewer/scavenger. FULLY LEASED. Coin-operated laundry facility in building for additional income. Nice courtyard with patio & lawn. [BONUS: covered parking + individual storage units.] Great location - right across from Jeffers Park & the River. A TERRIFIC investment opportunity - come and see! (c)2020

Last Agent to Sell the Property

Susan Fisher

Coldwell Banker Realty License #475133610 Listed on: 12/07/2020

Coldwell Banker Realty

Last Buyer's Agent

John Kozlar

ERA Partners License #475191787

ERA Partners

Property Details

Home Type

  • Multi-Family

Year Built | Renovated

  • 1974 | 2008

Lot Details

  • 6,098

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Entrance Foyer
  • Finished Basement
  • Basement Fills Entire Space Under The House

Parking

  • Parking Available
  • Alley Access
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony
  • Patio

Additional Features

  • Property is near bus stop
  • Baseboard Heating

Community Details

  • Common Area

Listing and Financial Details

  • $3,505 Seller Concession

Property Details

Home Type

Multi-Family

Year Built | Renovated

1974 | 2008

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Age: 41-50 Years
  • Full Bathrooms: 4
  • Ownership: Fee Simple
  • Rehab Year: 2008
  • Total Full or Half Bathrooms: 4
  • Zoning Type: SINGL
  • Repairs Decor Expense: 3493
  • Estimated Year Built: 1974
  • Other Addl Income: Coin Laundry
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1974
  • Year Renovated: 2008

Interior Features

  • Number Of Rooms: 16
  • Equipment: TV-Cable, CO Detectors, Ceiling Fan, Sump Pump, Multiple Water Heaters
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 8
  • Above Grade Bedrooms: 8
  • Additional Rooms: Foyer

Exterior Features

  • Foundation: Block
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony, Patio
  • Acreage: 0.14

Garage/Parking

  • Number of Cars: 4
  • Parking: Space/s
  • Parking Details: Assigned Spaces, Off Alley, Alley Access
  • Number Parking Spaces: 4
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Baseboard
  • Water Expense: 1541

Fee Information

  • Electricity Expense: 465
  • Insurance Expense: 2720
  • Janitorial Fee: 178
  • Gross Expenses: 2850

Schools

  • Junior High Dist: 111

Lot Info

  • Lot Dimensions: 40X150
  • Lot Description: Common Grounds, Sidewalks, Streetlights
  • Parcel Identification Number: 16170641102500

Rental Info

  • Gross Rental Income: 33240
  • Total Rental Income: 31800

Multi Family

  • Total Number Unitsin Building: 4
  • Full Baths In Building: 4

Tax Info

  • Taxes: 5275.72

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Feb 3, 2021
Sold by
Bought by
Seller's Agent
Susan Fisher
Coldwell Banker Realty
Buyer's Agent
John Kozlar
ERA Partners
List Price
$170,000
Sold Price
$175,260
Premium/Discount to List
$5,260
3.09%
Current Estimated Value
$199,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,570
Avg. Annual Appreciation
2.50%
Original Mortgage
$131,445
Outstanding Balance
$116,622
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$83,208

Purchase Details

Closed on
Sep 4, 2007
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$175,260 Standard Title
$214,000 Homestar Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $131,445
Closed $160,170
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/03/2021 02/03/21 Sold $175,260 +3.1% --
12/14/2020 12/14/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $170,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,054 $67,722 $5,119 $62,603
2024 $7,054 $59,667 $4,510 $55,157
2023 $6,797 $53,156 $4,018 $49,138
2022 $6,322 $46,526 $3,517 $43,009
2021 $5,967 $42,105 $3,183 $38,922
2020 $5,536 $37,847 $2,861 $34,986
2019 $5,276 $35,206 $2,661 $32,545
2018 $5,080 $32,598 $2,464 $30,134
2017 $5,689 $31,881 $2,410 $29,471
2016 $5,332 $31,256 $2,363 $28,893
2015 $5,728 $35,473 $2,411 $33,062
2014 $6,132 $39,415 $2,411 $37,004
2013 -- $42,327 $2,511 $39,816
Source: Public Records

Agents Affiliated with this Home

  • Susan Fisher

    Seller's Agent in 2021

    Susan Fisher

    Coldwell Banker Realty

    (815) 263-2276

    69 in this area

    365 Total Sales

    Susan Fisher
    Section Image
  • John Kozlar

    Buyer's Agent in 2021

    John Kozlar

    ERA Partners

    (312) 823-7788

    7 Total Sales

    John Kozlar
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10948076

Midwest Real Estate Data (MRED)

APN: 16-17-06-411-025

Illinois Kankakee County Kankakee 60901

818 S 3rd Ave, Kankakee, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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