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995 7th Ave

Kankakee, IL 60901

2 bd 2 ba 1,216 sqft Built 1948 Lot 7,500 sqft single_family
Most recent sale
$128,000
Sep 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 25, 2023 Sold $166,950 MRED
Apr 5, 2023 Listed $159,900 MRED
Mar 31, 2023 Listed $159,900 MRED
Sep 16, 2022 Sold $128,000 MLS #11480605
Aug 2, 2022 Listed $129,900 MLS #11480605
Oct 26, 2010 Sold $115,000 Public Record
Jan 17, 2010 Listing removed $119,900 MRED
Jan 11, 2010 Price changed $119,900 MLS #07009449
Jun 29, 2009 Relisted $124,900 MLS #07009449
Dec 29, 2008 Listing removed $129,900 MRED
Aug 28, 2008 Listed $119,900 MLS #07009449
Sep 25, 2006 Sold $121,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $48,758 $6,395 $55,153 $5,443
2024 $42,959 $5,634 $48,593 $5,035
2022 $33,498 $4,393 $37,891 $5,148
2021 $30,315 $3,976 $34,291 $4,009
2020 $27,249 $3,574 $30,823 $3,631
2019 $25,348 $3,325 $28,673 $3,398
2018 $23,470 $3,079 $26,549 $3,202
2017 $22,954 $3,011 $25,965 $3,563
2016 $22,504 $2,952 $25,456 $3,319
2015 $24,475 $3,012 $27,487 $3,470
2014 $25,921 $3,012 $28,933 $3,568
2013 $27,001 $3,138 $30,139 $3,599
2012 $32,712 $3,319 $36,031 $4,139
2010 $36,888 $3,353 $40,241 $3,969
2009 $36,888 $3,353 $40,241 $3,912
2008 $36,888 $3,353 $40,241 $3,685
2007 $34,879 $3,353 $38,232 $3,428
2005 $29,102 $3,353 $32,455 $2,888

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,216 sqft
Lot size
7,500 sqft
ZIP code
60901
City
Kankakee
Street
7th Ave
Coordinates
41.11026, -87.87712

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
$768
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 995 7th Ave last sell?
995 7th Ave most recently sold on Sep 16, 2022 for $128,000.
What is the current tax assessment for 995 7th Ave?
The most recent total assessment for 995 7th Ave (year 2025) is $55,153 with $5,443 in property tax.
How does 995 7th Ave's assessment compare to its last sale price?
The current assessment is 56.9% below the last sale price of $128,000.
When was 995 7th Ave built?
995 7th Ave was built in 1948.
How does 995 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 995 7th Ave?
995 7th Ave is a 2 bed, 2 bath, 1,216 sqft, 7,500 sqft lot single_family.
Is 995 7th Ave a flip candidate?
Yes — 995 7th Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 995 7th Ave a tax-appeal candidate?
No — 995 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
+0.1%
Implied 1-yr
+0.3%
2026 Q3
$140.5K
2026 Q4
$140.6K
ZIP 60901 — Median Price History + Forecast

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