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Sold on 07/26/2026
Nayeli Perez of Realty of America, LLC

221 S Small Ave, Kankakee, IL 60901

$330,000

Last sold 07/26/2026 after 8 Days

  • 7

    bed

  • 4

    bath

Multi-family not for sale
Learn about Kankakee's top local Real Estate agents

About 221 S Small Ave

Property type Multi-family
Neighborhood
Year built 1972
HOA fee $0/month
Property description
Spacious 4-unit investment opportunity featuring three 2-bedroom units and one 1-bedroom unit. All tenants are currently on month-to-month leases, offering flexibility for investors or owner-occupants! Perfect for a seasoned investor looking to add to their portfolio or a starter investor wanting to live in one unit while renting out the other three. Property is conveniently located near shopping, dining, and everyday amenities. Recent improvements include a brand-new parking lot and driveway completed in 2024, new roof 2026!
Listed by
Listing Agent - Nayeli Perez
Listing Office - Realty of America, LLC
Source: MRED mls logo
MLS#12709162 • last updated 1 month ago
Movoto checked MRED for data 5 minutes ago
Overview
Heating Electric
MLS # 12709162
Virtual Tour N/A
SubType 4 Flat
Status Closed
Type Two To Four Units
Property Tax $ 7798.54
Year Built 1972
Interior
Total # of Rooms 20
Exterior
Construction Brick
Lot Desc .25-.49 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Public
# Units in Building 4
Location
Area Kankakee
County Kankakee
Elementary School District 111
Middle School District 111
High School District 111
APN 16093130800700
Multifamily Details
Expense: Trash 2025, 0
Expense: Insurance 2600
Expense: Other 960
Net Operating Income 18197
Gross Income 49800
Expense: Electricity 2160
Expense: Water/ Sewer 4680
Misc Income Coin Laundry
Total Rental Income 49800
We are not permitted to show value estimates for this property.
  • Aug 2026
    mls logo MLS # 12709162
  • Aug 28, 2026 Sold
    $330,000 (-10.8%)
  • Jul 28, 2026 Pending
    —
  • Jul 18, 2026 Listed
    $370,000 (-5.1%)
  • Jun 2026
    mls logo MLS # 12647737
  • Jun 29, 2026 Listed
    —
  • Jun 10, 2026 Active
    —
  • Jun 4, 2026 Listed
    —
  • May 15, 2026 Active
    —
  • May 13, 2026 Listed
    $390,000 (+66.0%)
  • Jun 2022
    Public Records
  • Jun 23, 2022 Sold
    $235,000
  • Jun 2022
    mls logo MLS # 11342870
  • Jun 16, 2022 Sold
    $234,999
  • May 23, 2022 Active
    —
  • May 9, 2022 Price Change
    $234,999 (-1.1%)
  • Apr 13, 2022 Listed
    —
  • Mar 23, 2022 Active
    —
  • Mar 9, 2022 Listed
    $237,500 (+48.4%)
  • Jul 2018
    Public Records
  • Jul 2, 2018 Sold
    $160,000 (-10.6%)
  • May 2018
    mls logo MLS # 09898167
  • May 30, 2018 Temporarily No Showings
    —
  • Mar 28, 2018 Listed
    $179,000 (+88.4%)
  • Feb 2013
    Public Records
  • Feb 5, 2013 Sold
    $95,000
  • Feb 2013
    mls logo MLS # 07974125
  • Feb 1, 2013 Sold
    $95,000 (-38.7%)
  • Jan 11, 2012 Listed
    $150,000 (-25.0%)
  • Oct 2012
    mls logo MLS # 08197415
  • Oct 3, 2012 Sold
    $155,000 (+3.3%)
  • May 13, 1998 Listed
    $159,900
  • Sep 2011
    mls logo MLS # 07639952
  • Sep 19, 2011 Expired
    —
  • Sep 19, 2010 Listed
    $200,000 (-4.8%)
  • Mar 2010
    mls logo MLS # 07323593
  • Mar 12, 2010 Expired
    —
  • Sep 11, 2009 Listed
    $210,000 (+8.0%)
  • Feb 2005
    Public Records
  • Feb 4, 2005 Sold
    $194,500 (+21.6%)
  • Year Property taxes Tax assessment
  • 2024
    $7,798 +3.8%
    $65,954
  • 2023
    $7,513 +7.5%
    $65,954 +12.25%
  • 2022
    $6,989 +6.0%
    $58,757 +14.25%
  • 2021
    $6,596 +7.8%
    $51,429 +10.5%
  • 2020
    $6,119 +4.9%
    $46,542 +11.25%
  • 2019
    $5,832 +3.9%
    $41,835 +7.5%
  • 2018
    $5,615 -4.7%
    $38,916 +10.43%
  • 2016
    $5,894 -6.8%
    $35,242 -10.03%
  • 2015
    $6,326 -6.6%
    $39,172
  • 2014
    $6,771
    —
  • 221 S Small Ave
    $330K
  • Kankakee
    —
  • 60901
    $199K +17% y/y
  • Kankakee
    $199K +17% y/y
No chart available
Statistics calculated by Movoto

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3/10
John Kennedy Middle Grade School
public Grades 2-6
Kankakee School District 111
1/10
Taft Primary School
public Grades K-3
Kankakee School District 111
2/10
Kankakee Junior High School
public Grades 7-8
Kankakee School District 111
1/10
Kankakee High School
public Grades 9-12
Kankakee School District 111
Source: GreatSchools.org © 2026. All rights reserved.

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