185 N Entrance Ave Kankakee, IL 60901
6
Beds
2
Baths
--
Sq Ft
--
Built
About This Home
As of June 2025KANKAKEE - 2 FLAT FOR SALE - Fully leased, excellent income producing property. The home has a new roof! 1st floor is a 3 bedroom/1 bath unit with access to basement for additional storage. There is a large eat-in kitchen. 2nd floor apartment is a 3 bedroom/1 bath and has a front balcony and large den off of kitchen. Good opportunity for investment or live in one and lease the other! There is a duplex directly across the street also for sale by the same owners (mls# 12087833), Buy both properties and get four units! Call today!
Last Agent to Sell the Property
McColly Bennett Real Estate License #475131086 Listed on: 06/27/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,510
Year Renovated
- 2023
Parking
- Parking Included in Price
Home Design
- Block Foundation
- Asphalt Roof
- Aluminum Siding
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 2 Bathrooms
Additional Features
- Basement Fills Entire Space Under The House
- Balcony
- Lot Dimensions are 45x110
- Heating System Uses Natural Gas
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $1,350
- Maintenance Expense $1,728
- Manager Expense $1,231
- Gross Income $21,600
- Net Operating Income $13,323
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2025
Closed on
Jun 20, 2025
Sold by
Ward Dwayne
Bought by
Reyes Cesar
Seller's Agent
Jake Tazelaar
RE/MAX Ultimate Professionals
Buyer's Agent
Jorge Villegas
Real Broker, LLC
List Price
$160,000
Sold Price
$160,000
Views
38
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-54.01%
Original Mortgage
$152,000
Outstanding Balance
$152,000
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
-$1,640
Purchase Details
Listed on
Jun 27, 2024
Closed on
Jul 30, 2024
Sold by
Clear Capital Kankakee Llc
Bought by
Ward Dwayne
Seller's Agent
Buck Tamblyn
McColly Bennett Real Estate
Buyer's Agent
Jake Tazelaar
RE/MAX Ultimate Professionals
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.13%
Original Mortgage
$93,750
Interest Rate
7.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 26, 2023
Sold by
Leone Jeffrey
Bought by
Clear Capital Kankakee Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
6.43%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Sep 15, 2015
Closed on
Dec 9, 2016
Sold by
Signature Five Illinois Reo Ll
Bought by
Caparra Llc Gold Series
Seller's Agent
David Roth
Coldwell Banker Real Estate Group
Buyer's Agent
Buck Tamblyn
McColly Bennett Real Estate
List Price
$75,500
Sold Price
$25,000
Premium/Discount to List
-$50,500
-66.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.17%
Similar Homes in Kankakee, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $160,000 | Landtrust National Title Servi | |
| Warranty Deed | $125,000 | Kankakee County Title | |
| Warranty Deed | $1,480,000 | Fidelity National Title | |
| Grant Deed | $25,000 | Fidelity National Title Insura |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $152,000 | New Conventional | |
| Previous Owner | $93,750 | New Conventional | |
| Previous Owner | $937,500 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | Sold | $160,000 | 0.0% | -- |
| 05/22/2025 05/22/25 | For Sale | $160,000 | 0.0% | -- |
| 05/15/2025 05/15/25 | Pending | -- | -- | -- |
| 05/12/2025 05/12/25 | Pending | -- | -- | -- |
| 05/10/2025 05/10/25 | For Sale | $160,000 | +28.0% | -- |
| 08/23/2024 08/23/24 | Sold | $125,000 | -10.7% | -- |
| 07/10/2024 07/10/24 | Pending | -- | -- | -- |
| 06/27/2024 06/27/24 | For Sale | $140,000 | +460.0% | -- |
| 12/10/2016 12/10/16 | Sold | $25,000 | -25.4% | -- |
| 11/05/2016 11/05/16 | Pending | -- | -- | -- |
| 09/12/2016 09/12/16 | Price Changed | $33,500 | -5.6% | -- |
| 08/31/2016 08/31/16 | Price Changed | $35,500 | -10.1% | -- |
| 07/26/2016 07/26/16 | Price Changed | $39,500 | -5.7% | -- |
| 07/19/2016 07/19/16 | Price Changed | $41,900 | -4.8% | -- |
| 06/07/2016 06/07/16 | Price Changed | $44,000 | -10.2% | -- |
| 05/16/2016 05/16/16 | Price Changed | $49,000 | -9.3% | -- |
| 04/29/2016 04/29/16 | Price Changed | $54,000 | -8.5% | -- |
| 04/16/2016 04/16/16 | Price Changed | $59,000 | -7.8% | -- |
| 03/17/2016 03/17/16 | Price Changed | $64,000 | -4.5% | -- |
| 02/14/2016 02/14/16 | Price Changed | $67,000 | -2.9% | -- |
| 01/05/2016 01/05/16 | Price Changed | $69,000 | -2.8% | -- |
| 12/14/2015 12/14/15 | Price Changed | $71,000 | -4.1% | -- |
| 10/13/2015 10/13/15 | Price Changed | $74,000 | -2.0% | -- |
| 09/15/2015 09/15/15 | For Sale | $75,500 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $1,880 | $15,902 | $1,998 | $13,904 |
| 2023 | $1,811 | $14,167 | $1,780 | $12,387 |
| 2022 | $1,685 | $12,400 | $1,558 | $10,842 |
| 2021 | $1,590 | $11,222 | $1,410 | $9,812 |
| 2020 | $1,475 | $10,087 | $1,267 | $8,820 |
| 2019 | $1,406 | $9,384 | $1,179 | $8,205 |
| 2018 | $1,354 | $8,689 | $1,092 | $7,597 |
| 2017 | $1,516 | $8,498 | $1,068 | $7,430 |
| 2016 | $3,914 | $22,944 | $1,047 | $21,897 |
| 2015 | $3,781 | $23,412 | $1,068 | $22,344 |
| 2014 | $3,834 | $24,645 | $1,068 | $23,577 |
| 2013 | -- | $25,671 | $1,112 | $24,559 |
Source: Public Records
Agents Affiliated with this Home
-
Jake Tazelaar
Seller's Agent in 2025
Jake Tazelaar
RE/MAX
(815) 566-2700
70 Total Sales
-
Jorge Villegas
Buyer's Agent in 2025
Jorge Villegas
Real Broker, LLC
(312) 608-8015
79 Total Sales
-
Buck Tamblyn
Seller's Agent in 2024
Buck Tamblyn
McColly Bennett Real Estate
(815) 325-2485
154 Total Sales
-
David Roth
Seller's Agent in 2016
David Roth
Coldwell Banker Real Estate Group
(815) 546-3172
30 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12096002
APN: 16-09-32-323-012
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