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Off market
  • $257,500

    1561 W Merchant St, Kankakee, IL 60901

    7beds
    --sqft
    MultiFamily
    Built in 1967
    -- sqft lot
    $257,500 Zestimate®
    $--/sqft
    $1,439 Estimated rent

    Home value

    $257,500

    $234,000 - $283,000

    $1,439/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $1,439/mo

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    $1,439/mo

    Rent Zestimate®

    Refinance and save

    $1,762/mo

    Est. payment

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    $1,762/mo

    Est. payment

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    What's special

    Great investor opportunity. ALL UNITS ARE RENTED!! New roof '17, New windows in 06, coin-op washer & dryer, Great cash flow and the convenient west Kankakee location.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Refrigerator
    Features
    • Basement: Other

    Property

    Parking
    • Total spaces: 4
    Features
    • Exterior features: Brick
    Lot
    • Size: 0.26 Acres
    Details
    • Parcel number: 160931304006

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1967

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & neighborhood

    Location
    • Region: Kankakee

    Other

    Other facts
    • Built Before 1978 (Y/N): Yes
    • Exterior Building Type: Brick, Aluminum Siding
    • Foundation: Concrete
    • Heat/Fuel: Gas, Hot Water/Steam, Radiant
    • Sewer: Sewer-Public
    • Water: Public
    • Listing Type: Exclusive Right To Sell
    • Equipment: Ceiling Fan, TV-Cable
    • Parking: Unassigned, Off Street, Driveway
    • Roof Type: Asphalt/Glass (Shingles)
    • Parking Type: Space/s
    • Other Information: School Bus Service
    • Special Assessments: U
    • Basement: Other
    • Status: Contingent
    • Appliances/Features Unit 1: Stove, Refrigerator
    • Type-Multi: 2 Story Unit/s
    • Age: 51-60 Years
    • Parking On-Site: Yes
    • Parking Ownership: Owned
    • Is Parking Included in Price: Yes
    • Lot Dimensions: 80 X 140
    • Additional Media Type 1: Video
    • Basement (Y/N): English
    • Appliances/Features Unit 2: Stove, Refrigerator
    • Tenant Pays - Unit 1: Electric
    • Tenant Pays - Unit 2: Electric
    • Appliances/Features Unit 3: Stove, Refrigerator
    • Appliances/Features Unit 4: Stove, Refrigerator
    • Other Addl Income: Coin Laundry
    • Tenant Pays - Unit 3: Electric
    • Tenant Pays - Unit 4: Electric
    • Tax Year: 2017
    • Parcel Identification Number: 16093130400600
    • Additional Sales Information: List Broker Must Accompany

    Price history

    DateEventPrice
    8/28/2019Sold$170,000-5.5%
    Source: MRED as distributed by MLS GRID #10152839
    5/30/2019Pending sale$179,900
    Source: @properties #10152839
    5/15/2019Price change$179,900-2.7%
    Source: @properties #10152839
    2/28/2019Listed for sale$184,900
    Source: @properties #10152839
    2/19/2019Pending sale$184,900
    Source: @properties #10152839

    Public tax history

    YearProperty taxesTax assessment
    2024$7,692 +3.8%$65,057 +12.2%
    2023$7,411 +7.5%$57,958 +14.3%
    2022$6,894 +6%$50,729 +10.5%

    Find assessor info on the county website

    Neighborhood: 60901

    Nearby schools

    GreatSchools rating
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