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Sold on 05/07/2022
Brenda Ervin of Coldwell Banker Realty

605 N Dearborn Ave, Kankakee, IL 60901

  • $82,000

    Last sold 05/07/2022 for $100K

  • 5

    bed

  • 4

    bath

Multi-family not for sale
Movoto is helping 12 homebuyers near you

About 605 N Dearborn Ave

Property type Multi-family
Neighborhood
Year built 1912
HOA fee $0/month
Movoto estimate
Property description
BUYER FINANCING FELL THROUGH! GREAT INVESTMENT OPPORTUNITY CLOSE TO DOWN TOWN! INVESTOR ALERT!!! CHECK OUT THIS MONEY MAKER! Spacious 4 UNIT with HUGE POTENTIAL to add a 5th UNIT upstairs in the floored attic! 3 of the 4 units are currently rented. (2) - One bedroom w/baths upstairs(Occupied rented $440. Downstairs unit consist of 1 bedroom w/bathroom rented $450 and 2 bedroom w/ bath rented $600. NEXT DOOR PROPERTY ALSO INCLUDES SF RESIDENCE W/3 BEDROOM/1 BATH @ 277 E BIRCH(10748526), Currently rented for $750!! PROPERTIES CAN NOT BE SEPARATED. SAME PARCEL NUMBER: 16-09-32-219-018. SALES PRICE AND PROPERTY TAXES INCLUDES BOTH UNITS. There is one ADJACENT PROPERTY also listed at this time by the same owner, so there are a total of 4 units available, next to each other! Look up MLS #s 10748524 to see the neighboring properties! Financials available upon request! PROPERTY NEEDS REHABBING! Properties can be purchased as a package along with MLS #s: 10748520, 10748524, 10748526!! NOTE: CALL ME FOR INFO ON 4 PACKAGE PORTFOLIO!!! SERIOUS INQUIRIES ONLY!! SOLD AS IS!!!!
Listed by
Listing Agent - Brenda Ervin
Listing Office - Coldwell Banker Realty
Source: MRED mls logo
MLS#10748527 • last updated 3 years ago
Movoto checked MRED for data 5 minutes ago
Overview
MLS # 10748527
SubType 4 Flat
Status Closed
Type Two To Four Units
Property Tax $ 2530.82
Year Built 1912
Buyer Agent Commission 2.5%
Interior
# Full Baths 4
Basement Full, Unfinished
Total # of Rooms 17
Exterior
Foundation Stone
Roof Asphalt
Exterior Aluminum Siding
Parking Desc Space/s, Off Street
# Parking Spaces 6
Exterior Features Porch
Lot Desc Less Than 0.25 Acre, Corner Lot
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 16093221901800
Zoning MULTI
Directions Take Court To N. Harrison To E. Birch. Unit Sits On The Corner.
Multifamily Details
Gross Income 17880
Total Rental Income 1490
$82K
Range: $54.1K-$109K
Last 30 days 
  • Jun 2022
    mls logo MLS # 10748527
  • Jun 2, 2022 Sold
    $100,000 (-21.6%)
  • May 13, 2022 Pending
    —
  • Mar 10, 2022 Listed
    —
  • Oct 29, 2021 Active
    —
  • Jun 16, 2020 Listed
    $127,500
  • 605 N Dearborn Ave
    $100K
  • Kankakee
    —
  • 60901
    $189K +5% y/y
  • Kankakee
    $189K +5% 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
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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