$395,000 Price Analysis    ♡   Kankakee, IL 60901 7 bed 4 bath 3,274 SqFt ($120/SqFt) 0.55 acre lot. Built 1965 Listed 2024-04-29, Taxes $5,907 | ✓ USDA Eligible near Kankakee, IL Restrictions may apply due to home size |
Amazing one of a kind immaculate 4 unit in Limestone area walking distance to school.
* No Longer For Sale *
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Exceptionally well maintained, this unit has had long term renters (now on month to month basis) and therefore rents are lower than market value. Owner has taken the building down to the studs over the rehab, replacing plumbing and ele ctrical, new roof was put on 8 years ago, Brand new on demand boilers installed for radiant hot water heat and hot water, newer vinyl siding, newer vinyl window already installed, newer sump pumps and generator to power all sump pumps already in place.
Truly nothing left to do and therefore owner is selling it AS-IS. Only the vacant one bedroom unt is available for showing. But finishes and floor plan exactly like the other three 2 bdr units with the exception that there is one more bedroom. (Owner converted one of the bedrooms that was in the original unit#1 to the laundry room, thus making it a 1 bdr unit). Income from washer dryers offsets any minimal cost to seller of laundry room. All other utilities, water and trash are paid by each unit - separate metering.
Presented by Susan Fisher at
Coldwell Banker Realty.
Property MLS #12037048 from MRED
Bedrooms Possible: 7
Full Bathrooms: 4
Lot Size Acres: 0.55
Lot Size Dimensions: 175.8X135.46
Lot Size Square Feet: 23958
Garage Description: Attached
Garage Features: Garage Door Opener(s), Transmitter(s)
Parking Features: Driveway
Parking Total: 16
Calculated Total Monthly Association Fees: 0
High School District: 2
Map directions Map directions Map directionsBedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 5
Total Rooms in Unit-3: 5
Total Rooms in Unit-4: 5
Unit-1 Square Feet: 682
Unit-2 Square Feet: 864
Unit-3 Square Feet: 864
Unit-4 Square Feet: 864
Unit 1 Total Actual Rent: 700
Unit 2 Total Actual Rent: 700
Unit 3 Total Actual Rent: 700
Unit 4 Total Actual Rent: 700
Source Listing Status: Closed
County: Kankakee
Directions: WEST ON IL-17 W 5 MILES, TURN R ONTO 5000W RD R ON DORIS
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 07082830501900
Township: Limestone
Property Subtype: Two to Four Units
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $66,530 + $8,263 $74,793 | $5,907 |
| 2020 | $64,229 + $8,101 $72,330 | $5,787 |
| 2019 | $63,124 + $7,962 $71,086 | $5,715 |
| 2018 | $62,191 + $7,844 $70,035 | $5,635 |
| 2017 | $57,981 + $7,728 $65,709 | $5,330 |
| 2016 | $56,429 + $7,521 $63,950 | $5,222 |
| 2015 | $55,053 + $7,338 $62,391 | $4,891 |
| 2014 | $56,177 + $7,488 $63,665 | $4,912 |
| 2013 | $57,032 + $7,602 $64,634 | $4,937 |
| 2012 | $59,744 + $7,964 $67,708 | $5,031 |
| 2010 | $65,508 + $8,733 $74,241 | $5,226 |
| 2009 | $65,508 + $8,733 $74,241 | $5,094 |
| 2008 | $63,600 + $8,479 $72,079 | $4,917 |
$395,000
MRED
Listed 2024-04-29
$395,000
MRED
Listing removed 2007-06-01
$325,000
MRED
Listed 2006-07-06
$325,000
MRED
Foundation Details: Block
Property Age: 59
Roof: Asphalt
Water Source: Public
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.