See Home Value
Kankakee 60901
397 E Water Street
$153,392*
House - Off Market

397 E Water Street

Kankakee, IL 60901
bedrooms
2 Beds
bathrooms
1.5 Baths, 1 Half Bath
square feet
1504 Sqft
$130,000 - $158,000
Reference Base Price*
5.86%
Since Feb 1, 2023
National-US
Primary Model
Sold Jan 18, 2023
$130,000
$98,000 by First Trust Bank Of Illinois
Mortgage Due Feb 01, 2053

About This Property

Very well kept home on the River! Large Living room with Newer flooring -  Formal Dining room with updated flooring -  Large Kitchen with pantry -  First floor Half Bath -  2 Large bedrooms on 2nd level with new windows, and huge closets, 2nd floor full bath with lots of storage.  This home is in great shape and ready for it new owner! call today for your private showing, so you can enjoy your summer on the river!!

The manager has listed the unit size as 1504 square feet.
Unit Size
1,504Ft²
Days on Market
-
Land Size
-
Price per sqft
$96
Property Type
House
Property Taxes
$408
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Jan 18, 2023 Sold to Thomas Brandenburg $130,000
Sold to Thomas Brandenburg
Jan 14, 2023 No longer available -
No longer available
Dec 16, 2022 In contract -
In contract
Dec 6, 2022 Relisted $144,900
Relisted
Sep 23, 2022 In contract -
In contract
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH KANKAKEE SUB
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: SOUTH KANKAKEE SUB LOT 18 BLK 1 05-30-13W

Ownership

  • Current Owner : BRANDENBURG THOMAS
  • Previous Owner : TRUST NUMBER 1724
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 012200

Geography

  • District: 16
  • Parcel: 16-17-05-308-018
  • Block: 1
  • Lot: 18
  • Municipality: KANKAKEE
  • Latitude: 41.1101
  • Longitude: -87.8632

    Address

  • Full Address: 397 E Water St
  • Address - House Number: 397
  • Street Direction: E
  • Address - Street Name: Water
  • Address - Suffix Type: St
  • State: IL
  • City Name: Kankakee
  • Carrier Code: C010
  • 4-Digit Zip Code: 5035
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,117
  • Tax Rate Code Area: 16003

    Appraisal Valuation

  • Standard Deviation: 0.263
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 62
  • Final Value: 146,357
  • High Value: 184,836
  • Low Value: 107,878

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $98,000
  • First Open Lien Mortgage Lender: FIRST TRUST BANK OF ILLINOIS
  • First Open Lien Mortgage Recording Date: Jan 18, 2023
  • First Open Lien Mortgage Loan Amount: $98,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2053

    Market Valuation

  • Market Total Value: $129,075
  • Market Land Value: $41,169
  • Market Improvement Value: $87,906

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,025
  • Assessed Land Value: $13,723
  • Assessed Improvements Value: $29,302

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 09, 2023
  • Current Sale Recording Date: Jan 18, 2023
  • Current Sale Transaction ID: 11900899458
  • Current Sale Price: $130,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 514

    Last Sale Mortgage

  • First Mortgage Lender: FIRST TRUST BANK OF ILLINOIS
  • First Mortgage Transaction Date: Jan 18, 2023
  • First Mortgage Loan Amount: $98,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
1,560 ft²
$83/ft²
$129,900 Mar 4, 2024
-
$218/mo
Multifamily
5 Beds
-
-
$159,999 Feb 25, 2024
-
$280/mo
Multifamily
4 Beds
-
-
$159,900 Nov 9, 2023
-
$228/mo
Land
Loft
-
-
$125,000 Jan 30, 2024
-
$1,247/mo

About Kankakee


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Frequently Asked Questions

When was property at 397 East Water Street built and last sold?
The property at 397 East Water Street was built in and last sold on Jan 9, 2023 for $130,000.
How much is this home worth?
The estimated value of the home located at 397 East Water Street is $146,446.
What are some comparable homes to 397 East Water Street?
Homes that are comparable to 397 East Water Street include a multifamily property at 554 East Bourbonnais Street, 357 East Hickory Street, 590 South Washington Avenue.

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