NOT LISTED FOR SALE

990 E Station St Kankakee, IL 60901

Estimated Value: $138,000 - $247,805

5 Beds
3 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold January 16, 2019

Last sale price $35,000

Est. 458% increase in value since last sale

Current estimated payment $1,372/month

191 Days on Market

About This Home

As of January 2019

HARD TO FIND ALL BRICK THREE UNIT!!! GENERATE YOUR OWN INCOME!! You have to check out this beautiful 1927 well maintained three unit with original hardwoods and a garage. Recent update work has been done just needs your finishing touches! Unit has two 2 bedroom one bath units and one 1 bedroom one bath unit. Building has the potential to generate over $2000-2200 a month easily with a little work. Seller will look at all offers so act fast and schedule you're own private showing now!!

Last Agent to Sell the Property

Rory Hertzberg

Village Realty, Inc License #475168321 Listed on: 05/29/2018

Village Realty, Inc

Last Buyer's Agent

Raul Garcia

Vista Realty Group LLC License #475169476

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 91.8x50.58x98.54

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned
  • Assigned Parking

Additional Features

  • 3-Story Property
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1927
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Refrigerator,None
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Lot Info

  • Lot Size Acres: 0.1
  • Lot Dimensions: 91.8X50.58X98.54
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 3178.66
  • Tax Year: 2016
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2024
Sold by
Montez Emmanuel Ortiz
Bought by
Rios Property Management Llc
Current Estimated Value
$195,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Outstanding Balance
$181,536
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
$10,665

Purchase Details

Closed on
Sep 30, 2022
Sold by
Imperial 1 Construction Inc
Bought by
Ortiz Montez Emmanuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2018
Closed on
Jan 16, 2019
Sold by
Maple Real Estate Llc
Bought by
Imperial 1 Construction Inc
Seller's Agent
Rory Hertzberg
Village Realty, Inc
Buyer's Agent
Raul Garcia
Vista Realty Group LLC
List Price
$60,000
Sold Price
$35,000
Premium/Discount to List
-$25,000
-41.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.77%

Purchase Details

Closed on
Jul 10, 2018
Sold by
County Of Kankakee
Bought by
Maple Real Estate Llc
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 Buyer Sale Price Title Company
Rios Property Management Llc $229,000 Chicago Title
Ortiz Montez Emmanuel $220,000 Old Republic Title
Imperial 1 Construction Inc $35,000 Chicago Title
Maple Real Estate Llc -- Elkin Daniel N
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rios Property Management Llc $183,200
Previous Owner Ortiz Montez Emmanuel $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2019 01/16/19 Sold $35,000 -18.4% --
12/06/2018 12/06/18 Pending -- -- --
11/03/2018 11/03/18 Price Changed $42,900 -4.5% --
08/09/2018 08/09/18 Price Changed $44,900 -9.3% --
07/25/2018 07/25/18 Price Changed $49,500 -9.8% --
06/25/2018 06/25/18 Price Changed $54,900 -8.5% --
05/29/2018 05/29/18 For Sale $60,000 +300.3% --
04/01/2014 04/01/14 Sold $14,990 +0.6% -- View Prior Sale
02/28/2014 02/28/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $14,900 -0.6% --
02/28/2014 02/28/14 Off Market $14,990 -- --
02/14/2014 02/14/14 For Sale $14,900 -- --
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 $4,205 $35,570 $3,168 $32,402
2023 $4,052 $31,688 $2,822 $28,866
2022 $3,769 $27,736 $2,470 $25,266
2021 $3,557 $25,100 $2,235 $22,865
2020 $3,300 $22,562 $2,009 $20,553
2019 $3,145 $20,988 $1,869 $19,119
2018 $3,028 $19,434 $1,731 $17,703
2017 $3,392 $19,006 $1,693 $17,313
2016 $3,179 $18,634 $1,660 $16,974
2015 $3,070 $19,014 $1,694 $17,320
2014 $3,129 $20,111 $1,694 $18,417
2013 -- $20,949 $1,765 $19,184
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09965905

Midwest Real Estate Data (MRED)

APN: 16-17-05-213-003