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1498 South 3rd Avenue

1498 South 3rd Avenue, Kankakee, IL 60901
House in Kankakee
This has been categorized as a property type. In total, the area measurement of the land is 7,500 square feet.

Learn more about the property and building on this page. The property was last sold in Jul 30, 2021 for $52,000. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $25,000. 1498 South 3rd Avenue was last assessed in 2023. The total value of the property was assessed at $26,236. Specifically, the land the property is located on was valued at $4,393. While improvements on the property were assessed at a total of $21,843. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $312,496. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Location

Corner Lot

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20210524
05/24/2021
5 Bed
2 Bath
1552 ft²
$74,900
bedrooms
5 Bed
bathrooms
2 Bath
square feet
1552 ft²
-
-
-
20180312
03/12/2018
4 Bed
2 Bath
-
-
bedrooms
4 Bed
bathrooms
2 Bath
-
-
-
20070123
01/23/2007
Studio
-
-
$44,500
bedrooms
Studio
bathrooms
-
$40,000 -10.11%
04/27/2007
-


Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SWANNELLS SUB
  • Land Acres: 0000000172
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: F SWANNELLS SUB OF NEQ LOT 8 BLK 8 07-30-13W

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 012500

Geography

  • District: 16
  • Parcel: 16-17-07-211-009
  • Block: 8
  • Lot: 8
  • Municipality: KANKAKEE
  • Latitude: 41.1034
  • Longitude: -87.8717

    Address

  • Full Address: 1498 S 3rd Ave
  • Address - House Number: 1498
  • Street Direction: S
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Kankakee
  • Carrier Code: C012
  • 4-Digit Zip Code: 4915
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $312,496
  • Tax Rate Code Area: 16003

    Appraisal Valuation

  • Standard Deviation: 0.263
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 62
  • Final Value: 77,683
  • High Value: 98,106
  • Low Value: 57,259

    Market Valuation

  • Market Total Value: $78,708
  • Market Land Value: $13,179
  • Market Improvement Value: $65,529

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,236
  • Assessed Land Value: $4,393
  • Assessed Improvements Value: $21,843

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10555
  • Previous Sale Recording Date: Dec 13, 2019
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Kankakee



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Frequently Asked Questions

What neighborhood is 1498 South 3rd Avenue located in?
The 1498 South 3rd Avenue is a house located in the neighborhood of Kankakee in Kankakee, Kankakee.
What is the average sales price for listings in 1498 South 3rd Avenue?
The average sales price for units in 1498 South 3rd Avenue is $0 currently.