662 W Merchant St, Kankakee, IL 60901 Property Records

Kankakee County property record for 662 W Merchant St, Kankakee, IL 60901

Property Summary

Property TypeSingle Family Home
Lot Size0.057 acres (2,500 sqft)
OwnerCompany Name on File
Last Sale$39,900 (Feb 2023)
Tax Bill$2,000 (2025)
Deeds & MortgagesOct 2025 Mortgage
Feb 2023 Sale & Mortgage
+ 1 more
Flood ZoneZone X (moderate risk)
APN16-09-32-332-004

Property Details

APN / Parcel Number

Primary APN16-09-32-332-004

Exterior

Lot Area2,500 sqft (0.057 acres)
Lot Dimensions50 ft deep x 50 ft wide

Location & Zoning

Street Address662 W MERCHANT ST
CityKANKAKEE
StateIL
Zip60901-3507
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionVAN METER LN&HB ADDN 50' X 50' EX TRI TR OF LOT 2 BLK 14 32-31-12E
Legal SubdivisionVAN METER LN&HB ADD
Legal Block14
Legal Lot Number2
JurisdictionKANKAKEE IL
Township / Civil DivisionKANKAKEE
Census Block Group2
Census Block2005
Census Tract12300

Owner

662 W Merchant St is owned by a company that bought it in February 2023.

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

Owner of RecordCompany Name on File
Mailing Address894B E 4000S RD, KANKAKEE, IL 60901-8466
Owner TypeCompany
VestingCompany

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

DateDocument
Oct 29, 2025Deed of Trust, Mortgage · Commercial Mortgage
CV3 FINANCIAL SERVICES LLC
Feb 27, 2023Warranty Deed, Transfer · Commercial Mortgage
PEOPLES BANK
Feb 2, 2017Deed of Trust, Mortgage · Conventional Mortgage
NATIONAL BANK OF SAINT ANNE

Assessor's Deed Record

Deed NamesName on Deed
Last SaleFeb 27, 2023 · Amount on File
Deed SaleFeb 27, 2023 · Amount on File
Deed Document Number20231687
Record UpdatedSep 20, 2026

October 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionKANKAKEE IL
Property Address662 W MERCHANT ST, KANKAKEE, IL 60901-3507
Transaction TypeMortgage
Record UpdatedNov 26, 2025

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0202510533
DateOct 29, 2025
Instrument202510533
Lender
NameCV3 FINANCIAL SERVICES LLC
TypeFunding / Finance Company
Agreement
TypeCommercial Mortgage
AmountAmount on Record

February 2023: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionKANKAKEE IL
Recording DateFeb 27, 2023
Property Address662 W MERCHANT ST, KANKAKEE, IL 60901-3507
Document Number0202301687
Instrument DateFeb 23, 2023
Instrument202301687
Transaction TypeTransfer
Record UpdatedMar 15, 2023
Title CompanyHOMESTAR TITLE

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$60.00
Amount AccuracyCalculated from Transfer Tax
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address894B E 4000S RD, KANKAKEE, IL 60901-8466

Mortgage

Document Number0202301688
DateFeb 27, 2023
Instrument202301688
Lender
NamePEOPLES BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount on Record
Term180 Months
DueFeb 24, 2038

February 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionKANKAKEE IL
Property Address662 W MERCHANT ST, KANKAKEE, IL 60901-3507
Transaction TypeMortgage
Record UpdatedFeb 5, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number201701401
DateFeb 2, 2017
Instrument201701401
Lender
NameNATIONAL BANK OF SAINT ANNE
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term12 Months
DueJan 23, 2018
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

The 2025 property tax bill for 662 W Merchant St was $2,000, up 4.8% from the year before.

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

Property Jurisdictions

TypeName
StateIllinois
CountyKankakee County
County SubdivisionKankakee Township
MunicipalityKankakee City
Unified School DistrictKankakee School District 111 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$2,000.00 (+4.82%)$18,056 Land $2,690 Building $15,366$54,168 Land $8,070 Building $46,098
2024$1,908.00
2023$14,172 Land $2,111 Building $12,061$42,516 Land $6,333 Building $36,183
2022$1,685.00

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

FEMA maps place 662 W Merchant St in Zone X, an area of moderate flood risk, within 100 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective February 14, 2019 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Nearest Special Flood Hazard AreaZone AE, within 100 ft
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies4 in force
Nearby Flood Claims10 (1979–2021)
Most Recent ClaimNov 2021 · river or lake flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 662 W Merchant St is low, with less than a 0.01% annual chance of wildfire.

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

Wildfire RiskLow
lower than 99.1% of the US · lower than 94% of Illinois
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond 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 SystemAQUA ILLINOIS-KANKAKEE
private · serves 80,000 people · EPA ID IL0915030
Water SourceSurface water
Last State InspectionFeb 2025
Lead2 ppb (2026)
action level 15 ppb
Copper3.3 mg/L (2017–2019)
action level 1.3 mg/L

Violations Reported to EPA

Water QualityTurbidity
resolved · Jan 2024
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting4
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 278 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20
AT&T
Fixed Wireless · DSL
100 / 20

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