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1245 7th Ave

Kankakee, IL 60901

3 bd 2 ba 1,269 sqft Built 1948 Lot 7,500 sqft single_family
Most recent sale
$145,000
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 29, 2022 Sold $145,000 MLS #11386226
May 15, 2022 Price changed $149,900 MLS #11386226
May 5, 2022 Listed $159,900 MLS #11386226
Jun 19, 2017 Sold $98,000 MLS #09561027
Mar 10, 2017 Listed $100,000 MLS #09561027
Oct 23, 2006 Sold $102,000 Public Record
Jun 8, 2005 Sold $88,500 Public Record
Sep 25, 2000 Sold $85,000 MRED
Aug 25, 1997 Sold $79,500 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $35,183 $5,634 $40,817 $3,879
2022 $27,434 $4,393 $31,827 $3,509
2021 $24,827 $3,976 $28,803 $3,231
2020 $22,316 $3,574 $25,890 $2,909
2019 $20,759 $3,325 $24,084 $2,710
2018 $19,221 $3,079 $22,300 $2,540
2017 $18,798 $3,011 $21,809 $2,821
2016 $18,429 $2,952 $21,381 $2,624
2015 $20,075 $3,012 $23,087 $2,759
2014 $22,640 $3,012 $25,652 $3,057
2013 $25,289 $3,138 $28,427 $3,344
2012 $30,090 $3,319 $33,409 $3,777
2010 $36,971 $3,353 $40,324 $3,314
2009 $36,971 $3,353 $40,324 $3,266
2008 $36,971 $3,353 $40,324 $3,086
2007 $35,792 $3,353 $39,145 $2,931
2005 $26,278 $3,353 $29,631 $2,590

Property facts

Year built
1948
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,269 sqft
Lot size
7,500 sqft
ZIP code
60901
City
Kankakee
Street
7th Ave
Coordinates
41.10683, -87.87778

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$870
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1245 7th Ave last sell?
1245 7th Ave most recently sold on Jun 29, 2022 for $145,000.
What is the current tax assessment for 1245 7th Ave?
The most recent total assessment for 1245 7th Ave (year 2024) is $40,817 with $3,879 in property tax.
How does 1245 7th Ave's assessment compare to its last sale price?
The current assessment is 71.9% below the last sale price of $145,000.
When was 1245 7th Ave built?
1245 7th Ave was built in 1948.
How does 1245 7th Ave compare to others on 7th Ave?
We track 8 other properties on 7th Ave. Browse the list under "Other properties on 7th Ave" to compare beds, baths, and sale history.
What are the property facts for 1245 7th Ave?
1245 7th Ave is a 3 bed, 2 bath, 1,269 sqft, 7,500 sqft lot single_family.
Is 1245 7th Ave a flip candidate?
No — 1245 7th Ave does not appear in our flips dataset.
Is 1245 7th Ave a tax-appeal candidate?
No — 1245 7th Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.2%
Implied 1-yr
-0.7%
2026 Q3
$139.8K
2026 Q4
$139.6K
ZIP 60901 — Median Price History + Forecast

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