$41,041
SOLD NOV 14, 2025

881 S Dearborn Ave Kankakee, IL 60901

2 Beds
1 Bath
968 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$42 Per Sq Ft

39% Below List Price

176 Days on Market

Highlights

  • Living Room
  • 1-Story Property
  • Family Room
  • Laundry Room
  • Dining Room

About This Home

As of November 2025

This bungalow style single family home offers 2 bedrooms and 1 bathrooms with approximately 968 square feet of living space on a 0.17 acre lot. The foreclosure deed has been recorded, allowing for shorter closing timelines. No Buyer Premium on this property. It is a criminal offense to trespass on this property. The seller has closing representation in this transaction. The buyer has the right to select their own title/closing company, or may use the seller's title company. The buyer is responsible for all closing costs in this transaction. In the event the buyer chooses their own title/closing company, the buyer will be responsible for additional costs for coordinating the closing that are completed by the seller's title company. Sold As Is. Seller does not provide survey. Room sizes are estimated and unverified. Xome Auction. *Property not for rent.*

Last Agent to Sell the Property

Anthony Disano

Parkvue Realty Corporation License #471010606 Listed on: 04/23/2025

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,098

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x145

Interior Spaces

  • 968 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,098

Year Built

Built in 1920

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: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished, Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 968
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Aluminum Siding
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 50X145
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2098
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2025
Closed on
Nov 4, 2025
Sold by
Freedom Mortgage Corporation
Bought by
Johnson Orlando
Seller's Agent
Anthony Disano
Parkvue Realty Corporation
Buyer's Agent
Non Member
NON MEMBER
List Price
$66,960
Sold Price
$41,041
Premium/Discount to List
-$25,919
-38.71%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2160.23%

Purchase Details

Closed on
Apr 15, 2025
Sold by
Sheriff Of Kankakee
Bought by
Freedom Mortgage Corporation

Purchase Details

Closed on
May 8, 2020
Sold by
Gloria Terrazas
Bought by
Green Tomina D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,610
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2019
Sold by
Velazquez Laura N
Bought by
Terrazas Gloria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Special Warranty Deed $41,500 Fidelity National Title
Sheriffs Deed -- None Listed On Document
Quit Claim Deed -- --
Warranty Deed $59,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $57,610 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2025 11/14/25 Sold $41,041 -3.8% $42 / Sq Ft
10/16/2025 10/16/25 Pending -- -- --
10/03/2025 10/03/25 Price Changed $42,660 -36.3% $44 / Sq Ft
04/23/2025 04/23/25 For Sale $66,960 -- $69 / 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 $2,178 $18,421 $4,230 $14,191
2023 $2,098 $16,410 $3,768 $12,642
2022 $1,952 $14,363 $3,298 $11,065
2021 $1,842 $12,999 $2,985 $10,014
2020 $1,709 $11,684 $2,683 $9,001
2019 $1,629 $10,869 $2,496 $8,373
2018 $1,568 $10,064 $2,311 $7,753
2017 $1,756 $9,842 $2,260 $7,582
2016 $1,646 $9,649 $2,216 $7,433
2015 $1,590 $9,846 $2,261 $7,585
2014 $1,532 $9,846 $2,261 $7,585
2013 -- $11,396 $2,355 $9,041
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12345599

Midwest Real Estate Data (MRED)

APN: 16-17-05-306-017