Spacious 4-unit investment opportunity featuring three 2-bedroom units and one 1-bedroom unit. All tenants are currently on month-to-month leases, offering flexibility for investors or owner-occupants! Perfect for a seasoned investor looking to add to their portfolio or a starter investor wanting to live in one unit while renting out the other three. Property is conveniently located near shopping, dining, and everyday amenities. Recent improvements include a brand-new parking lot and driveway completed in 2024, new roof 2026!
Pending
$370,000
221 S Small Ave, Kankakee, IL 60901
7beds
--sqft
Multi Family
Built in 1972
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Brand-new parking lotNew roof
- 32 days |
- 135 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Nayeli Perez 331-205-0367,
Realty of America, LLC,
Rogelio Garcia 630-930-1391,
Realty of America
Source: MRED as distributed by MLS GRID,MLS#: 12709162
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric
Features
- Basement: Finished,Partial
Property
Parking
- Total spaces: 8
- Parking features: Unassigned, Yes
Lot
- Size: 0.29 Acres
Details
- Parcel number: 16093130800700
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Kankakee
Financial & listing details
- Tax assessed value: $197,862
- Annual tax amount: $7,798
- Date on market: 7/18/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Pending sale | $370,000 |
Source:  MRED as distributed by MLS GRID #12709162 Report a problem | ||
| 7/18/2026 | Listed for sale | $370,000-5.1% |
Source: MRED as distributed by MLS GRID #12709162 Report a problem | ||
| 7/18/2026 | Listing removed | $390,000 |
Source: MRED as distributed by MLS GRID #12647737 Report a problem | ||
| 6/29/2026 | Listed for sale | $390,000 |
Source: MRED as distributed by MLS GRID #12647737 Report a problem | ||
| 6/16/2026 | Listing removed | $390,000 |
Source: MRED as distributed by MLS GRID #12647737 Report a problem | ||
| 6/10/2026 | Contingent | $390,000 |
Source: MRED as distributed by MLS GRID #12647737 Report a problem | ||
| 6/4/2026 | Listed for sale | $390,000 |
Source: MRED as distributed by MLS GRID #12647737 Report a problem | ||
| 5/20/2026 | Listing removed | $390,000 |
Source: MRED as distributed by MLS GRID #12647737 Report a problem | ||
| 5/15/2026 | Contingent | $390,000 |
Source: MRED as distributed by MLS GRID #12647737 Report a problem | ||
| 5/13/2026 | Listed for sale | $390,000+66% |
Source: MRED as distributed by MLS GRID #12647737 Report a problem | ||
| 6/16/2022 | Sold | $234,999 |
Source: MRED as distributed by MLS GRID #11342870 Report a problem | ||
| 5/23/2022 | Contingent | $234,999 |
Source: MRED as distributed by MLS GRID #11342870 Report a problem | ||
| 5/9/2022 | Price change | $234,999-1.1% |
Source: MRED as distributed by MLS GRID #11342870 Report a problem | ||
| 4/13/2022 | Listed for sale | $237,500 |
Source: MRED as distributed by MLS GRID #11342870 Report a problem | ||
| 3/23/2022 | Contingent | $237,500 |
Source: MRED as distributed by MLS GRID #11342870 Report a problem | ||
| 3/9/2022 | Listed for sale | $237,500+48.4% |
Source: MRED as distributed by MLS GRID #11342870 Report a problem | ||
| 7/2/2018 | Sold | $160,000-10.6% |
Source: Public Record Report a problem | ||
| 3/28/2018 | Listed for sale | $179,000+88.4% |
Source: Realty Advisors Elite LLC #09898167 Report a problem | ||
| 3/12/2013 | Listing removed | $725 |
Source: Coldwell Banker Residential Brokerage - Bradley #08268070 Report a problem | ||
| 2/12/2013 | Listed for rent | $725 |
Source: Coldwell Banker Residential Brokerage - Bradley #08268070 Report a problem | ||
| 1/31/2013 | Sold | $95,000-36.7% |
Source: MRED as distributed by MLS GRID #07974125 Report a problem | ||
| 1/15/2012 | Listed for sale | $150,000-25% |
Source: Honig Realty, Inc. (dba. Coldwell Banker Honig-Bell) #07974125 Report a problem | ||
| 9/20/2011 | Listing removed | $200,000 |
Source: Honig Realty, Inc. (dba. Coldwell Banker Honig-Bell) #07639952 Report a problem | ||
| 2/26/2011 | Listed for sale | $200,000+2.8% |
Source: Honig Realty, Inc. (dba. Coldwell Banker Honig-Bell) #07639952 Report a problem | ||
| 2/4/2005 | Sold | $194,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,798 +3.8% | $65,954 +12.2% |
| 2023 | $7,513 +7.5% | $58,757 +14.2% |
| 2022 | $6,989 +6% | $51,429 +10.5% |
| 2021 | $6,596 +7.8% | $46,542 +11.3% |
| 2020 | $6,119 +4.9% | $41,835 +7.5% |
| 2019 | $5,832 +85.5% | $38,916 +8% |
| 2018 | $3,144 | $36,034 +2.2% |
| 2017 | $3,144 -46.6% | $35,242 +2% |
| 2016 | $5,894 -6.8% | $34,550 -11.8% |
| 2015 | $6,326 | $39,172 -10% |
| 2014 | $6,326 | $43,524 -13.6% |
| 2013 | -- | $50,376 -18.8% |
| 2012 | -- | $62,067 -5% |
| 2011 | -- | $65,334 -2% |
| 2009 | $7,616 +7.7% | $66,667 |
| 2008 | $7,072 | $66,667 +33.8% |
| 2002 | -- | $49,826 |
| 2001 | -- | $49,826 |
| 2000 | -- | $49,826 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 60901
Nearby schools
GreatSchools rating
- 3/10John Kennedy Middle Grade SchoolGrades: 2-6Distance: 0.4 mi
- 4/10Kankakee Junior High SchoolGrades: 7-8Distance: 2.8 mi
- 4/10Kankakee High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- 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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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