540 S Osborn Ave, Kankakee, IL 60901 Property Records

Kankakee County property record for 540 S Osborn Ave, Kankakee, IL 60901

Property Summary

Property Type	Single Family Home
Lot Size	0.166 acres (7,250 sqft)
Owner	Individual Name on Record
Last Sale	$65,000 (Apr 2026)
Tax Bill	$1,999 (2025)
Deeds & Mortgages	Nov 2008 Mortgage Oct 2008 Mortgage + 6 more
Flood Zone	Zone X (minimal risk)
APN	`16-17-04-302-004`

Property Details

APN / Parcel Number

Primary APN	`16-17-04-302-004`

Exterior

Lot Area	7,250 sqft (0.166 acres)

Location & Zoning

Street Address	540 S OSBORN AVE
City	KANKAKEE
State	IL
Zip	60901-5626
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	RIVERVIEW SUB LOT 4 BLK 1 04-30-13W
Legal Subdivision	RIVERVIEW SUB
Legal Block	1
Legal Lot Number	4
Jurisdiction	KANKAKEE IL
Township / Civil Division	KANKAKEE
Census Block Group	3
Census Block	3012
Census Tract	12400

Owner

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

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on Record
Mailing Address	614 S MYRTLE AVE, KANKAKEE, IL 60901-5450
Owner Type	Individual
Vesting	Married Woman, Separate Property

Deeds, Mortgages & Sale History

Date	Document
Nov 6, 2008	Deed of Trust, Mortgage · Stand-Alone First Mortgage PEOTONE BANK & TRUST CO
Oct 1, 2008	Deed of Trust, Mortgage · Stand-Alone First Mortgage PEOTONE BANK & TRUST CO
Jan 17, 2013	Deed of Trust, Mortgage · Stand-Alone First Mortgage NATIONAL BANK OF SAINT ANNE
Apr 21, 2026	Warranty Deed, Transfer · Line of Credit FIRST STATE BANK OF ILLINOIS
Feb 27, 2024	Warranty Deed, Transfer NOT AVAILABLE, CT
Sep 11, 2012	Warranty Deed, Transfer · Stand-Alone First Mortgage JOAN MARTINELLI
Jul 23, 2018	Quit Claim Deed, Transfer Quitclaim
Sep 15, 2005	Trustee's Deed, Foreclosure · Conventional Mortgage AEGIS FUNDING CORP

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 21, 2026 · Amount on Record
Deed Sale	Apr 21, 2026 · Amount on Record
Prior Sale	Feb 27, 2024 · Amount on Record
Deed Document Number	20264285
Prior Transfer Date	Jan 31, 2018
Prior Transfer Doc	0201807932
Record Updated	Sep 20, 2026

November 2008: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANKAKEE IL
Property Address	540 S OSBORN AVE, KANKAKEE, IL 60901-5626
Transaction Type	Mortgage
Record Updated	Apr 2, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0200823022
Date	Nov 6, 2008
Instrument	200823022

Lender

Name	PEOTONE BANK & TRUST CO
Type	Bank

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount Recorded
Term	36 Months
Due	Oct 15, 2011

Interest

Rate Type	Fixed Rate
Rate	7.5%

October 2008: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANKAKEE IL
Property Address	540 S OSBORN AVE, KANKAKEE, IL 60901-5626
Transaction Type	Mortgage
Record Updated	Apr 2, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0200820351
Date	Oct 1, 2008
Instrument	200820351

Lender

Name	PEOTONE BANK & TRUST CO
Type	Bank

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount Recorded

Interest

Rate Type	Fixed Rate
Rate	7.5%

January 2013: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANKAKEE IL
Property Address	540 S OSBORN AVE, KANKAKEE, IL 60901-5626
Transaction Type	Mortgage
Record Updated	Apr 2, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Investor	Possibly a Property Investor

Mortgage

Document Number	0201300872
Date	Jan 17, 2013
Instrument	201300872

Lender

Name	NATIONAL BANK OF SAINT ANNE
Type	Bank

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount Recorded

Interest

Rate Type	Fixed Rate

April 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	KANKAKEE IL
Recording Date	Apr 21, 2026
Property Address	540 S OSBORN AVE, KANKAKEE, IL 60901-5626
Document Number	0000004285
Instrument Date	Mar 30, 2026
Instrument	2026.4285
Transaction Type	Transfer
Record Updated	May 6, 2026
Title Company	E-CHICAGO TITLE, CHICAGO TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$9,847.50
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	614 S MYRTLE AVE, KANKAKEE, IL 60901-5450

Mortgage

Document Number	0000004286,
Date	Apr 21, 2026
Instrument	2026.4286

Lender

Name	FIRST STATE BANK OF ILLINOIS

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	60 Months
Due	Jun 1, 2031

Interest

Rate	6.75%
Max Rate	-1%

February 2024: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	KANKAKEE IL
Recording Date	Feb 27, 2024
Property Address	540 S OSBORN AVE, KANKAKEE, IL 60901-5626
Document Number	0202401587
Instrument Date	Feb 9, 2024
Instrument	202401587
Transaction Type	Transfer
Record Updated	Mar 13, 2024
Title Company	NOT AVAILABLE, CT

Transaction

Amount	Amount Recorded
Tax	$105.00
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	540 S OSBORN AVE, KANKAKEE, IL 60901-5626

September 2012: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	KANKAKEE IL
Recording Date	Sep 11, 2012
Property Address	540 S OSBORN AVE, KANKAKEE, IL 60901-5626
Document Number	0201212253
Instrument Date	Aug 16, 2012
Instrument	201212253
Transaction Type	Transfer
Record Updated	Mar 11, 2025

Transaction

Amount	Amount Recorded
Tax	$7.50
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Investor	Possibly a Property Investor

Mortgage

Document Number	0201211648
Date	Aug 28, 2012
Instrument	201211648

Lender

Name	JOAN MARTINELLI
Type	Private Party
Address	3715 W 95TH ST, EVERGREEN PARK, IL 60805

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Aug 27, 2042

Interest

Rate Type	Fixed Rate

July 2018: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	KANKAKEE IL
Recording Date	Jul 23, 2018
Property Address	540 S OSBORN AVE, KANKAKEE, IL 60901-5626
Document Number	0201807932
Instrument Date	Jan 31, 2012
Instrument	201807932
Transaction Type	Transfer
Record Updated	Mar 1, 2022

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1934 W STATION ST, KANKAKEE, IL 60901-3136

September 2005: Trustee's Deed, Foreclosure

Document Type	Trustee's Deed
Jurisdiction	KANKAKEE IL
Recording Date	Sep 15, 2005
Property Address	540 S OSBORN AVE, KANKAKEE, IL 60901-5626
Document Number	0200520306
Instrument Date	Sep 14, 2005
Instrument	200520306
Transaction Type	Foreclosure
Record Updated	Apr 2, 2026

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$101.25
Amount Accuracy	Calculated from Transfer Tax

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	878 S MYRTLE AVE, KANKAKEE, IL 60901-5454

Mortgage

Document Number	0200520307
Date	Sep 15, 2005
Instrument	200520307

Lender

Name	AEGIS FUNDING CORP

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate
Rate	9.03%

Tax Assessment & Valuation

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	$1,999.00 (+4.77%)	$18,048 (+27.41%) Land $4,801 Building $13,247	$54,144 (+27.41%) Land $14,403 Building $39,741
2024	$1,908.00 (+13.3%)
2023		$14,165 Land $3,768 Building $10,397	$42,495 Land $11,304 Building $31,191
2022	$1,684.00

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

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

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 661 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
AT&T Fixed Wireless · DSL	100 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: Bertram Communications, Verizon.

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