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  • $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#: 11658220MLS Logo

    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

    DateEventPrice
    5/8/2025Listing removed$150,000
    Source: MRED as distributed by MLS GRID #12207002
    11/9/2024Listed for sale$150,000+100%
    Source: MRED as distributed by MLS GRID #12207002
    1/13/2023Sold$75,000-16.7%
    Source: MRED as distributed by MLS GRID #11658220
    12/10/2022Pending sale$89,987
    Source: MRED as distributed by MLS GRID #11658220
    11/18/2022Price change$89,987-8.2%
    Source: MRED as distributed by MLS GRID #11658220

    Public tax history

    YearProperty taxesTax 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
    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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