NOT LISTED FOR SALE

943 S 3rd Ave Kankakee, IL 60901

Estimated Value: $111,000 - $157,000

3 Beds
2 Baths
-- Sq Ft
7,492 Sq Ft Lot

Last Sold February 05, 2024

Last sale price $97,000

Est. 31% increase in value since last sale

Current estimated payment $932/month

22 Days on Market

Highlights

  • Traditional Architecture
  • Ceiling Fan
  • Senior Tax Exemptions

About This Home

As of February 2024

Great 2 units in West Kankakee close to parks and Kankakee River with 1 bedroom unit on first floor and 2 bedroom unit on 2nd floor, This building is so much cared for with owner occupying first floor unit and upstairs unit is empty, perfect to live in one and rent the other one, All appliances included in both units, first floor has an access to washer and dryer in basement. Newer roof 7 years ago, new double hung windows in most of the units 3 years ago, new back stairs and new dry wall in most of the building, separate utilities except water and sewer, upstairs unit heat up with free standing gas fireplace. Beautiful vegetable gardens and flower gardens around the house, Just a perfect 2 units in a great location, call today for your private tour!

Last Agent to Sell the Property

Azza Tawfik

McColly Bennett Real Estate License #475115067 Listed on: 11/15/2023

McColly Bennett Real Estate

Last Buyer's Agent

Rebecca Goeing

Re/Max 10 License #475161821

Re/Max 10

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,907

Year Built

  • Built in 1920 | Remodeled in 2016

Lot Details

  • Lot Dimensions are 50 x 150

Home Design

  • Traditional Architecture

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,907

Year Built

Built in 1920 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: TV-Cable, Ceiling Fan(s), Sump Pump
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 99900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Aluminum Siding

Garage/Parking

  • Parking: None

Utilities

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

Schools

  • Middle/Junior School District: 111

Lot Info

  • Lot Dimensions: 50 X 150
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 1907
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Jan 10, 2024
Sold by
Canales Aristeo and Lopez Castulo Canales
Bought by
Belske Colton W
Seller's Agent
Azza Tawfik
McColly Bennett Real Estate
Buyer's Agent
Rebecca Goeing
Re/Max 10
List Price
$99,900
Sold Price
$97,000
Premium/Discount to List
-$2,900
-2.9%
Views
63
Current Estimated Value
$126,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,660
Avg. Annual Appreciation
17.32%
Original Mortgage
$77,600
Outstanding Balance
$76,158
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$50,502

Purchase Details

Closed on
Apr 10, 2019
Sold by
Aristeo Canales
Bought by
Canales Aristeo and Lopez Castalo Canales
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Belske Colton W $97,000 Standard Title
Canales Aristeo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belske Colton W $77,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2024 02/05/24 Sold $97,000 -2.9% --
12/08/2023 12/08/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $99,900 -- --
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 $3,157 $32,108 $5,634 $26,474
2023 $2,890 $28,604 $5,019 $23,585
2022 $1,907 $25,036 $4,393 $20,643
2021 $1,652 $22,657 $3,976 $18,681
2020 $1,370 $20,366 $3,574 $16,792
2019 $1,191 $18,945 $3,325 $15,620
2018 $959 $17,542 $3,079 $14,463
2017 $1,991 $17,156 $3,011 $14,145
2016 $1,846 $16,820 $2,952 $13,868
2015 $1,803 $17,163 $3,012 $14,151
2014 $2,033 $19,070 $3,012 $16,058
2013 -- $21,132 $3,138 $17,994
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11931033

Midwest Real Estate Data (MRED)

APN: 16-17-06-417-013