NOT LISTED FOR SALE

551 E Hickory St Unit 555 Kankakee, IL 60901

Estimated Value: $91,040 - $132,000

4 Beds
2 Baths
-- Sq Ft
2,962 Sq Ft Lot

Last Sold March 23, 2022

Last sale price $57,000

Est. 93% increase in value since last sale

Current estimated payment $878/month

2 Days on Market

About This Home

As of March 2022

Charming 2 unit centrally located. Both units have 2 BR, living room, kitchen, and formal dining room. Front and back entrances for both units. Recently licensed, and both units are rented. Great investment, priced right, and won't last long. Serious seller will look at all offers. Property sold "as is". Make your appt. today!!!No interior pictures available as building is tenant occupied.

Last Listed By

Celia Calbert

Coldwell Banker Realty License #475147047 Listed on: 01/20/2022

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,574

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50 x 60

Home Design

  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,371
  • Trash Expense $145
  • Water Sewer Expense $55
  • Gross Income $1,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,574

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Hardwood Floors
  • MRD_AppliancesAndFeatures: Hardwood Floors

Exterior Features

  • List Price: 59000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Fee Information

  • Trash Expense: 145
  • Water Sewer Expenses: 55
  • Trash Expense Year: 2400

Schools

  • Middle/Junior School District: 111

Lot Info

  • Lot Dimensions: 50 X 60
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Multi Family

  • Insurance Expense: 1371
  • GrossIncome: 1250
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 2574.3
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Mar 18, 2022
Sold by
Wagner Kathleen M
Bought by
Urban Renewal Llc
Seller's Agent
Celia Calbert
Coldwell Banker Realty
Buyer's Agent
Celia Calbert
Coldwell Banker Realty
List Price
$59,000
Sold Price
$57,000
Premium/Discount to List
-$2,000
-3.39%
Total Days on Market
2
Current Estimated Value
$110,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,010
Avg. Annual Appreciation
23.71%

Range of Values:

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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
Urban Renewal Llc $57,000 Standard Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Sold $57,000 -3.4% --
01/23/2022 01/23/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $59,000 -- --
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 $27,560 $2,752 $24,808
2023 $3,157 $24,553 $2,452 $22,101
2022 $2,938 $21,490 $2,146 $19,344
2021 $2,774 $19,448 $1,942 $17,506
2020 $2,574 $17,482 $1,746 $15,736
2019 $2,453 $16,262 $1,624 $14,638
2018 $2,362 $15,058 $1,504 $13,554
2017 $2,643 $14,727 $1,471 $13,256
2016 $2,477 $14,438 $1,442 $12,996
2015 $2,394 $14,732 $1,471 $13,261
2014 $2,307 $14,732 $1,471 $13,261
2013 -- $15,346 $1,532 $13,814
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11307564

Midwest Real Estate Data (MRED)

APN: 16-17-05-209-018