Great investment and money making opportunity! Well maintained brick 3- building. 2 - 2 Bdrm units and an efficiency/studio unit in the basement! All have current leases. $2280 gross income per month! Rents could be raised to match market price too. Ownership pays some utilities. One thermostat on main floor controls heat for the entire building and is the only unit with access to the washer/dryer. 2 car heated detached garage. Lower unit rents for $450, middle unit rents for $900, Upper rents for $730, garage rents for $200. All rents current. ALL BUYERS REQUIRED TO SHOW PROOF OF FUNDS OR PREAPPROVAL PRIOR TO ENTERING PER SELLER.
Closed
$168,000
156 S May Ave, Kankakee, IL 60901
5beds
--sqft
Multi Family
Built in 1950
-- sqft lot
$196,900 Zestimate®
$--/sqft
$1,570 Estimated rent
Home value
$196,900
$181,000 - $215,000
$1,570/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 25, 2023 at 07:27am
Listing courtesy of:
Lee LaMontagne 815-592-5441,
Coldwell Banker Realty,
Alyssa LaMontagne 815-409-0447,
Coldwell Banker Realty
Bought with:
Lee LaMontagne
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 11844900
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas
Features
- Basement: Partially Finished,Sleeping Area,Full
Property
Parking
- Total spaces: 2.5
- Parking features: Heated Garage, On Site, Garage Owned, Detached, Garage
- Garage spaces: 2.5
Lot
- Size: 7,405 sqft
- Dimensions: 149.9X50
Details
- Parcel number: 16093140500500
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Brick
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Kankakee
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2023 | Sold | $168,000-6.6% |
Source:  MRED as distributed by MLS GRID #11844900 | ||
| 8/24/2023 | Pending sale | $179,900 |
Source: MRED as distributed by MLS GRID #11844900 | ||
| 8/7/2023 | Price change | $179,900-5.3% |
Source: MRED as distributed by MLS GRID #11844900 | ||
| 7/28/2023 | Listed for sale | $189,900+31% |
Source: MRED as distributed by MLS GRID #11844900 | ||
| 9/13/2022 | Sold | $145,000+31.8% |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,514 +3.8% | $55,099 +12.2% |
| 2023 | $6,276 +7.5% | $49,086 +14.2% |
| 2022 | $5,838 +5.9% | $42,964 +10.5% |
Find assessor info on the county website
Neighborhood: 60901
Nearby schools
GreatSchools rating
- 1/10John Kennedy Middle Grade SchoolGrades: 2-6Distance: 0.5 mi
- 2/10Kankakee Junior High SchoolGrades: 7-8Distance: 2.7 mi
- 2/10Kankakee High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: John Kennedy Middle Grade School
- Middle: Lincoln Cltrl Ctr-Montessori Ele
- High: Kankakee High School
- District: 111
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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