NOT LISTED FOR SALE

981 S 3rd Ave Kankakee, IL 60901

Estimated Value: $127,000 - $210,199

3 Beds
1.5 Baths
1,272 Sq Ft
$137/Sq Ft Est. Value

Last Sold September 11, 2024

Last sale price $196,000 $154 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,208/month

37 Days on Market

Highlights

  • 2 Car Detached Garage
  • Enclosed Patio or Porch
  • Central Air

About This Home

As of September 2024

Welcome to 981 S 3rd, Kankakee! This meticulously renovated 2-story home exudes charm and character. Featuring 3 spacious bedrooms and 1.5 modern updated bathrooms. Step into your gourmet custom kitchen, complete with custom cabinetry, quartz countertops, high end stainless steel appliances, marble backsplash, and stunning under-cabinet lighting. No detail was missed in this kitchen remodel. The main bathroom has been fully remodeled as well featuring custom cabinetry, gold fixtures, and a walk in shower. Enjoy peace of mind with recent basement waterproofing. Backyard features a brand new vinyl fence. This home has all the charm and modern amenities you've been looking for. Make it yours today!

Last Agent to Sell the Property

Dustin Kooy

Village Realty Inc License #475191164 Listed on: 06/28/2024

Village Realty Inc

Last Buyer's Agent

Robert Reyes

Realty of America, LLC License #475155031

Realty of America, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,228

Year Built

  • Built in 1905

Lot Details

  • Lot Dimensions are 50x150
  • Property is zoned SINGL

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Slate

Interior Spaces

  • 1,272 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,228

Year Built

Built in 1905

Lot Details

7,492 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1905
  • 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
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1272
  • Room Type: Enclosed Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Slate

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • 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 Dimensions: 50X150
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 4227.64
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Aug 30, 2024
Sold by
Ghezzi Luca
Bought by
Jaramillo Jair
Seller's Agent
Dustin Kooy
Village Realty Inc
Buyer's Agent
Robert Reyes
Realty of America, LLC
List Price
$199,999
Sold Price
$196,000
Premium/Discount to List
-$3,999
-2%
Views
79
Current Estimated Value
$174,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,950
Avg. Annual Appreciation
-7.97%
Original Mortgage
$7,500
Outstanding Balance
$4,650
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$169,400

Purchase Details

Listed on
Jun 29, 2023
Closed on
Aug 4, 2023
Sold by
Lafond Gary and Lafond Barbara
Bought by
Ghezzi Luca
Seller's Agent
Rory Hertzberg
Village Realty, Inc
Buyer's Agent
Dustin Kooy
Village Realty Inc
List Price
$154,900
Sold Price
$138,000
Premium/Discount to List
-$16,900
-10.91%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.18%
Original Mortgage
$88,000
Interest Rate
7.13%
Mortgage Type
New Conventional
Source: Public Records
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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
Jaramillo Jair $196,000 Kankakee Title
Ghezzi Luca $138,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaramillo Jair $7,500
Open Jaramillo Jair $191,290
Previous Owner Ghezzi Luca $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2024 09/11/24 Sold $196,000 +0.5% $154 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
07/13/2024 07/13/24 Price Changed $194,999 -2.5% $153 / Sq Ft
06/28/2024 06/28/24 For Sale $199,999 +44.9% $157 / Sq Ft
08/04/2023 08/04/23 Sold $138,000 -7.9% $108 / Sq Ft View Prior Sale
07/03/2023 07/03/23 Pending -- -- --
06/29/2023 06/29/23 Price Changed $149,900 -3.2% $118 / Sq Ft
06/29/2023 06/29/23 For Sale $154,900 -- $122 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $3,733 $37,113 $5,634 $31,479
2023 $4,228 $33,063 $5,019 $28,044
2022 $3,933 $28,939 $4,393 $24,546
2021 $2,861 $26,190 $3,976 $22,214
2020 $2,566 $23,542 $3,574 $19,968
2019 $2,383 $21,900 $3,325 $18,575
2018 $2,225 $20,278 $3,079 $17,199
2017 $2,468 $19,832 $3,011 $16,821
2016 $2,293 $19,443 $2,952 $16,491
2015 $2,235 $19,840 $3,012 $16,828
2014 $2,496 $22,045 $3,012 $19,033
2013 -- $23,920 $3,138 $20,782
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12096998

Midwest Real Estate Data (MRED)

APN: 16-17-06-417-016

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