Movoto Real Estate
Sold on 12/07/2022
Berry McCracken of Coldwell Banker Realty
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481 N Adams St, Kankakee, IL 60901

$75,000

Last sold 12/07/2022 after 48 Days

  • 3

    bed

  • 2

    bath

Multi-family not for sale

About 481 N Adams St

Property type Multi-family
Neighborhood
Year built 1908
HOA fee $0/month
Lot size 6,098 Sqft
Parking 2 garage spaces
Property description
Excellent INVESTMENT PROPERTY! Ready to make money from day one. Nothing left to do. The 2 bedroom is in GREAT CONDITION and the 1 bedroom was RENOVATED approx. 12 years ago! This is priced to sell QUICKLY! Or LIVE in one side and rent the other. Have the tenant make the MAJORITY of your payment FOR YOU! What a great way to start to OWN REAL ESTATE! SEPARATE UTILITIES. Plus there is a GARAGE! DON'T MISS this opportunity! Not many buildings like this available now. Many places for tenants to get JOBS NEARBY like RIVERSIDE HOSPITAL, Ascension St. Mary's Hospital, Shapiro, CSL BEHRING, NuCor Steel, Serologicals Proteins, KANKAKEE SCHOOL DISTRICT, Urban Farmer Pizza, IKO Roofing and more! Lots of places to go and things to do nearby for FUN with the KANKAKEE RIVER for fishing and boating and KAYAKING, lots of public parks, Grapes and Hops, Haigh Quarry, SPLITTING TARGETS, Skydive Greater Kankakee, Reed's Canoe Trips, OUT ON A LIMB with Karaoke, Krack Brewing, historic PARAMOUNT THEATER, Kankakee Farmer's Market, Stefari Cafe and more! GOOD TENANTS and leases end on 2/2023. 24 hours notice needed, please. Seller will entertain all reasonable offers!
Listed by
Listing Agent - Berry McCracken
Listing Office - Coldwell Banker Realty
Source: MRED mls logo
MLS#11658220 • last updated 3 years ago
Movoto checked MRED for data 17 minutes ago
Overview
Levels/Style Bungalow
MLS # 11658220
Virtual Tour N/A
SubType 1 Story Unit/s
Status Closed
Type Two To Four Units
Lot Size (Acres) 0.14
Property Tax $ 2410
Year Built 1908
Buyer Agent Commission 3%, % Of Net Sale Price
Interior
Basement Full, Unfinished
Total # of Rooms 7
Exterior
Foundation Concrete Perimeter
Roof Asphalt
Exterior Vinyl Siding
Garage Desc 7 Foot Or More High Garage Door, Detached
# Garage Spaces 1.5
Parking Desc Garage
# Parking Spaces 1.5
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Public
# Units in Building 2
Location
Area Kankakee
County Kankakee
Elementary School District 111
High School Kankakee High School
Middle School District 111
High School District 111
APN 16093230401600
Zoning SINGL
Directions South On Rt 45 Turn LEFT At N 5th Ave. Turn LEFT At W Cypress St. Take The 1st RIGHT Onto N Adams Street. Property Is On The Right.
Multifamily Details
Gross Income 1600
Total Rental Income 1600
We are not permitted to show value estimates for this property.
  • Nov 2024
    mls logo MLS # 12207002
  • Nov 8, 2024 Listed
    $150,000 (+100.0%)
  • Jan 2023
    Public Records
  • Jan 18, 2023 Sold
    $75,000
  • Jan 2023
    mls logo MLS # 11658220
  • Jan 13, 2023 Sold
    $75,000 (-23.5%)
  • Dec 10, 2022 Pending
    —
  • Dec 9, 2022 Pending
    —
  • Dec 9, 2022 Price Change
    $97,987 (+8.9%)
  • Nov 18, 2022 Price Change
    $89,987 (-8.2%)
  • Oct 20, 2022 Listed
    $97,987
  • Oct 20, 2022 Listed
    $97,987 (+115.4%)
  • Apr 2017
    mls logo MLS # 09199536
  • Apr 20, 2017 Expired
    —
  • Apr 17, 2016 Listed
    $45,500 (-9.0%)
  • Apr 2016
    mls logo MLS # 09068499
  • Apr 15, 2016 Expired
    —
  • Oct 20, 2015 Listed
    $49,987 (-12.3%)
  • Apr 2013
    mls logo MLS # 08236234
  • Apr 12, 2013 Expired
    —
  • Dec 17, 2012 Listed
    $57,000 (+15.2%)
  • Oct 2012
    mls logo MLS # 08197105
  • Oct 3, 2012 Sold
    $49,500
  • Jan 19, 2010 Listed
    $59,987 (+2.4%)
  • Dec 2010
    mls logo MLS # 07424357
  • Dec 2, 2010 Sold
    $49,500
  • Jan 23, 2010 Listed
    $59,987
  • Dec 2010
    Public Records
  • Dec 1, 2010 Sold
    $49,500 (-17.5%)
  • Oct 2008
    mls logo MLS # 06859383
  • Oct 13, 2008 Cancelled
    —
  • Apr 10, 2008 Listed
    $58,560
  • Year Property taxes Tax assessment
  • 2024
    $2,849 +3.8%
    $24,098
  • 2023
    $2,745 +7.5%
    $24,098 +12.25%
  • 2022
    $2,554 +6.0%
    $21,469 +14.25%
  • 2021
    $2,410 +7.8%
    $18,791 +10.5%
  • 2020
    $2,236 +4.9%
    $17,005 +11.25%
  • 2019
    $2,131 +3.9%
    $15,285 +7.5%
  • 2018
    $2,051 -4.7%
    $14,218 +10.43%
  • 2016
    $2,153 +3.5%
    $12,875 -0.04%
  • 2015
    $2,080 -1.4%
    $12,880
  • 2014
    $2,109
    —
  • 481 N Adams St
    $75K
  • Kankakee
    —
  • 60901
    $195K +16% y/y
  • Kankakee
    $195K +15% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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