512 S Chicago Ave, Kankakee, IL 60901 Property Records

Kankakee County property record for 512 S Chicago Ave, Kankakee, IL 60901

Property Summary

Property Type	Apartment House (2-4 Units)
Lot Size	0.166 acres (7,250 sqft)
Owner	Company Name on File
Last Sale	$400,000 (Apr 2023)
Tax Bill	$5,960 (2025)
Deeds & Mortgages	Nov 2023 Mortgage Apr 2023 Sale & Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`16-17-05-222-001`

Property Details

APN / Parcel Number

Primary APN	`16-17-05-222-001`

Interior

Units	12 Units

Exterior

Lot Area	7,250 sqft (0.166 acres)

Location & Zoning

Street Address	512 S CHICAGO AVE
City	KANKAKEE
State	IL
Zip	60901-5271
Property Category	Commercial
Property Type	Residential > Multi-Unit > Apartment House (2-4 Units)
Legal Description	ASSOCIATES ADDN LOT 1 BLK 61 05-30-13W
Legal Subdivision	ASSOCIATES ADD
Legal Block	61
Legal Lot Number	1
Jurisdiction	KANKAKEE IL
Township / Civil Division	KANKAKEE
Census Block Group	4
Census Block	4018
Census Tract	12300

Owner

512 S Chicago Ave, a residential property, is owned by a company that bought it in April 2023.

Source: Kankakee County records, as of August 18, 2026

Owner of Record	Company Name on File
Mailing Address	925 S CHICAGO AVE, KANKAKEE, IL 60901-5236
Owner Type	Company
Vesting	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Nov 13, 2023	Deed of Trust, Mortgage · Commercial Mortgage BANK OF BOURBONNAIS
Apr 20, 2023	Warranty Deed, Transfer · Commercial Mortgage BANK OF BOURBONNAIS
Nov 10, 2021	Warranty Deed, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 20, 2023 · Amount on File
Deed Sale	Apr 20, 2023 · Amount on File
Prior Sale	Nov 10, 2021 · Amount on File
Deed Document Number	20233571
Record Updated	Sep 20, 2026

November 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANKAKEE IL
Property Address	512 S CHICAGO AVE, KANKAKEE, IL 60901-5271
Transaction Type	Mortgage
Record Updated	Dec 6, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Investor	Possibly a Property Investor

Mortgage

Document Number	0202311144
Date	Nov 13, 2023
Instrument	202311144

Lender

Name	BANK OF BOURBONNAIS
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	60 Months
Due	Nov 10, 2028

Interest

Rate Type	Fixed Rate
Rate	7.75%

April 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	KANKAKEE IL
Recording Date	Apr 20, 2023
Property Address	512 S CHICAGO AVE, KANKAKEE, IL 60901-5271
Document Number	0202303571
Instrument Date	Apr 20, 2023
Instrument	202303571
Transaction Type	Transfer
Record Updated	May 10, 2023
Title Company	ATTORNEY

Transaction

Amount	Amount on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$600.00
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	925 S CHICAGO AVE, KANKAKEE, IL 60901-5236
Investor	Possibly a Property Investor

Mortgage

Document Number	0202303573
Date	Apr 20, 2023
Instrument	202303573

Lender

Name	BANK OF BOURBONNAIS
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	60 Months
Due	Apr 20, 2028

Interest

Rate Type	Fixed Rate
Rate	5.75%

November 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	KANKAKEE IL
Recording Date	Nov 10, 2021
Property Address	512 S CHICAGO AVE, KANKAKEE, IL 60901-5271
Document Number	202115873
Instrument Date	Oct 31, 2021
Instrument	202115873
Transaction Type	Transfer
Record Updated	Dec 8, 2021

Transaction

Amount	Amount on Record
Tax	$25.50
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	429 W CYPRESS ST, KANKAKEE, IL 60901-2311

Tax Assessment & Valuation

The 2025 property tax bill for 512 S Chicago Ave was $5,960, down 6.4% from the year before.

Source: Kankakee County assessment roll, as of April 7, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Kankakee County
County Subdivision	Kankakee Township
Municipality	Kankakee City
Unified School District	Kankakee School District 111 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$5,960.00 (-6.36%)	$53,544 Land $1,650 Building $51,894	$160,632 Land $4,950 Building $155,682
2024	$6,365.00
2023		$53,544 Land $1,650 Building $51,894	$160,632 Land $4,950 Building $155,682
2022	$7,319.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 512 S Chicago Ave in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective February 14, 2019

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 512 S Chicago Ave has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	AQUA ILLINOIS-KANKAKEE private · serves 80,000 people · EPA ID IL0915030
Water Source	Surface water
Last State Inspection	Feb 2025
Lead	2 ppb (2026) action level 15 ppb
Copper	3.3 mg/L (2017–2019) action level 1.3 mg/L

Violations Reported to EPA

Water Quality	Turbidity resolved · Jan 2024
Treatment and Procedure	None last 10 years
Monitoring and Reporting	4 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 555 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
AT&T DSL · Fiber in parts of the area	100 / 20

May also be available: Bertram Communications, T-Mobile, Verizon.

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