Sold405d on market
516 S Rosewood Ave
Kankakee, IL, 60901 • 60901 • Kankakee County
$159,000
4Beds
4Baths
0.17 acLot
This home is in high demand
Listed 405 days ago · 6 views · Top 1% likely to sell soon
Market activity
Demand and pricing signals for this listing
6 views
People checking out this listing
405 days on market
Established listing
Selling Soon Prediction
Very HighThis home ranks in the top 1% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family
Great investment opportunity you won't want to miss! This well-maintained, side-by-side townhome-style duplex features a classic brick exterior and is fully turnkey with separate utilities for each unit. Both units have been recently updated, including two spacious bedrooms and one and a half baths. The south unit brings in 1200/month in rent, while the north unit brings in 1175/month with tenants who are responsible for all utilities. Each unit is secured 1-year lease, with subsidized rental payments, ensuring steady income. Recently passing city inspections and fully licensed, this property promises both immediate cash flow and long-term stability. Schedule your Private showing today!
Standout features identified
Our analysis highlights classic brick exterior and spacious bedrooms as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,048/month
Principal & Interest$836
Property Tax$159
Insurance$53
Down payment20% ($31,800)
3%50%
Est. 6.88% rate · 30yr fixed · $127,200 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
HeatingNatural Gas
Parking4 Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
Systems
HeatingNatural Gas
ConstructionBrick
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOn Site
BasementUnfinished,Full
Lot7,500 sqft
Location & Tax
Neighborhood60901
Annual tax$3,547
Parcel161705224003
Bathrooms & Fees
Full baths2
Features & details
3 categories of property features
Interior Features
Heating
Natural Gas
Exterior Features
Parking
On Site
Construction
Brick
Listing insights
Market data and value estimates
StatusSold
Days on market405
Est. value$168,100
Est. rent$1,497/mo
Tax rate2.23%
On marketJan 16, 2025
PostedJan 16, 2025
Last sold$159,000
MLS statusClosed
MLS updatedMar 5, 2025
Tour days6
Views6
How are the schools in Kankakee?
3 schools rated nearby
Location
Kankakee, IL, 60901
Price history
5 events
DateEventPrice$/sqftSource
Feb 27, 2025Sold$159,000—MRED as distributed by MLS GRID
Jan 20, 2025Contingent$159,000—MRED as distributed by MLS GRID
Jan 16, 2025Listed For Sale$159,000—MRED as distributed by MLS GRID
Mar 3, 2021Sold$20,000—Public Record
Dec 14, 2017Sold$15,000—Public Record
Sold$159,000
Feb 27, 2025•MRED as distributed by MLS GRID
Contingent$159,000
Jan 20, 2025•MRED as distributed by MLS GRID
Listed For Sale$159,000
Jan 16, 2025•MRED as distributed by MLS GRID
Sold$20,000
Mar 3, 2021•Public Record
Sold$15,000
Dec 14, 2017•Public Record
Tax history
19 years of records
YearTax paidAssessed value
Apr 9, 2024$3,681$30,965
Apr 9, 2023$3,547$27,585
Apr 9, 2022$3,300$24,144
Apr 9, 2021$3,116$21,850
Apr 9, 2020$2,892$19,640
Apr 9, 2019$2,756$18,270
Apr 9, 2018$2,969$16,917
Apr 9, 2017$2,969$16,545
Apr 9, 2016$2,783$16,221
Apr 9, 2015$2,689$16,552
Apr 9, 2014$2,689$18,515
Apr 9, 2013—$19,286
Apr 9, 2012—$20,198
Apr 9, 2011—$25,754
Apr 9, 2009$3,690$32,068
Apr 9, 2008$3,707$32,068
Apr 9, 2002—$22,320
Apr 9, 2001—$22,320
Apr 9, 2000—$22,320
Nearby homes
Neighborhood details
Local context around this listing
Kankakee, IL • Kankakee County
Nearby cities
BonfieldBourbonnaisBradleyGrant ParkKankakeeMantenoMomenceReddick
Nearby zip codes
6090160910
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Based on information submitted to the MLS GRID as of 2026. 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. [Click here for more information](/mls-disclaimers/#17)
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