When was property at 541 East Chestnut Street built and last sold?

The property at 541 East Chestnut Street was built in and last sold on Sep 19, 2022 for $4,500.

How much is this home worth?

The estimated value of the home located at 541 East Chestnut Street is $0.

What are some comparable homes to 541 East Chestnut Street?

There are currently no comparable homes to 541 East Chestnut Street.

Kankakee

60901

541 E Chestnut Street

$10,000

● House - Off Market

541 E Chestnut Street

Kankakee, IL 60901

2 Beds

1 Bath

1,014 Ft²

$165

Est. Monthly

126.74%

Cap Rate

About This Property

Investment opportunity! The property is being sold as-is. Cash Only!

Unit Size

1,014 Ft²

Days on Market

Land Size

0.05 acres

Price per sqft

$15

Property Type

House

Property Taxes

$91

HOA Dues

Year Built

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #11929190)

Price History

Date / Event	Date	Event
Feb 28, 2025	Sold	Premium
Sold
Jan 4, 2025	Relisted	$15,000
Relisted
Dec 14, 2024	In contract	-
In contract
May 31, 2024	Listed by McColly Bennett Real Estate	$18,000
Listed by McColly Bennett Real Estate

Property Highlights

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: 2,100

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: ASSOCIATES ADD
Land Acres: 0000000048
Standard Land Use Code: 1999
County Land Use Code: 0040
Legal Description 1: ASSOCIATES ADDN E 35' OF S 10' LOT 7 & E 35' LOT 8 BLK 97

Neighborhood

School District Name: Kankakee School District 111

Census Tract: 012300

Geography

District: 16

Parcel: 16-09-32-414-011
Block: 97
Lot: 7,8
Municipality: KANKAKEE
Latitude: 41.1226
Longitude: -87.8586

Address

Full Address: 541 E Chestnut St

Address - House Number: 541
Street Direction: E
Address - Street Name: Chestnut
Address - Suffix Type: St
State: IL
City Name: Kankakee
Carrier Code: C029
4-Digit Zip Code: 4026
Zip Code: 60901

Valuation

Tax

Tax Year: 2022

Tax Amount: $108,916
Tax Rate Code Area: 16003

Appraisal Valuation

Standard Deviation: 0.2147

Valuation Date: Mar 06, 2024
Confidence Score: 70
Final Value: 32,093
High Value: 38,987
Low Value: 25,199

Market Valuation

Market Total Value: $27,471

Market Land Value: $1,548
Market Improvement Value: $25,923

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $9,157
Assessed Land Value: $516
Assessed Improvements Value: $8,641

Sales

Current Sale Contract Date: Sep 19, 2022

Current Sale Recording Date: Jul 07, 2023
Current Sale Price:

Premium
Current Sale Document Type: 55
Current Sale Input Document Number: 6151

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Kankakee

Stats & Trends

Median Asking:

$160,000

Sale Price/ft²

$120

Below Asking

0.02%

Average Days on Market

Average Home Size

1323 ft²

Average Home Age

90 years

Currently For Sale

52 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1735 E Duane Boulevard, Kankakee, IL, 60901

$1,100 /mo

2 Beds
1 Bath
800 ft²

1735 E Duane Boulevard #5, Kankakee, IL, 60901 Listing by Travis Wilson

Unit for rent at 755 S Nelson Avenue, Kankakee, IL, 60901

$1,195 /mo

2 Beds
1 Bath
650 ft²

755 S Nelson Avenue #2W, Kankakee, IL, 60901 Listing by Steven Harder

Unit for rent at 494 S Chicago Avenue, Kankakee, IL, 60901

$1,200 /mo

2 Beds
1 Bath
1,175 ft²

494 S Chicago Avenue #2N, Kankakee, IL, 60901 Listing by Jaime Birks

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Maurice Sullivan, McColly Bennett Real Estate
Last Updated: 2 years ago
Data Source: MRED, MLS# 11929190

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

541 E Chestnut Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Kankakee

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions