Closed
$75,000
481 N Adams St, Kankakee, IL 60901
3beds
--sqft
Multi Family
Built in 1908
-- sqft lot
$93,700 Zestimate®
$--/sqft
$1,609 Estimated rent
Home value
$93,700
$78,000 - $111,000
$1,609/mo
Zestimate® history
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What's special
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!
Zillow last checked: 8 hours ago
Listing updated: January 13, 2023 at 02:48pm
Listing courtesy of:
Berry McCracken, GRI,SRES 815-954-7761,
Coldwell Banker Realty
Bought with:
Jennifer Martinez
eXp Realty
Source: MRED as distributed by MLS GRID,MLS#: 11658220
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air, Sep Heating Systems - 2+
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 1.5
- Parking features: Garage, On Site, Garage Owned, Detached
- Garage spaces: 1.5
Lot
- Size: 6,098 sqft
- Dimensions: 50X125
Details
- Parcel number: 16093230401600
- Zoning: SINGL
- Special conditions: None
- Other equipment: Sump Pump
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1908
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Community
- Community features: Park, Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Kankakee
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2025 | Listing removed | $150,000 |
Source: | ||
| 11/9/2024 | Listed for sale | $150,000+100% |
Source: | ||
| 1/13/2023 | Sold | $75,000-16.7% |
Source: | ||
| 12/10/2022 | Pending sale | $89,987 |
Source: | ||
| 11/18/2022 | Price change | $89,987-8.2% |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,849 +3.8% | $24,098 +12.2% |
| 2023 | $2,745 +7.5% | $21,469 +14.3% |
| 2022 | $2,554 +6% | $18,791 +10.5% |
Find assessor info on the county website
Neighborhood: 60901
Nearby schools
GreatSchools rating
- 1/10John Kennedy Middle Grade SchoolGrades: 2-6Distance: 1.2 mi
- 2/10Kankakee Junior High SchoolGrades: 7-8Distance: 2.1 mi
- 2/10Kankakee High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- 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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