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545 Cannon Ave

Kankakee, IL 60901

2 bd 2 ba 750 sqft Built 1941 Lot 7,500 sqft single_family
Most recent sale
$115,000
Aug 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 25, 2022 Sold $115,000 MLS #11365411
Aug 3, 2022 Relisted $124,900 MLS #11365411
Jul 14, 2022 Listing removed $119,900 MRED
Jun 13, 2022 Price changed $119,900 MLS #11365411
May 25, 2022 Price changed $125,500 MLS #11365411
May 6, 2022 Price changed $127,500 MLS #11365411
Apr 4, 2022 Listed $130,900 MLS #11365411
Jan 2, 2013 Sold $74,000 Public Record
Apr 16, 1998 Sold $63,900 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $34,680 $5,634 $40,314 $4,766
2022 $27,042 $4,393 $31,435 $4,271
2021 $24,472 $3,976 $28,448 $4,031
2020 $21,997 $3,574 $25,571 $2,862
2019 $20,462 $3,325 $23,787 $2,665
2018 $18,946 $3,079 $22,025 $2,497
2017 $18,529 $3,011 $21,540 $2,773
2016 $18,166 $2,952 $21,118 $2,578
2015 $19,792 $3,012 $22,804 $2,713
2014 $19,792 $3,012 $22,804 $2,614
2013 $20,617 $3,138 $23,755 $2,647
2012 $22,884 $3,319 $26,203 $2,784
2010 $27,342 $3,353 $30,695 $2,862
2009 $27,342 $3,353 $30,695 $2,821
2008 $27,000 $3,353 $30,353 $2,636
2007 $27,000 $3,353 $30,353 $2,615
2005 $31,164 $3,353 $34,517 $3,104

Property facts

Year built
1941
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
750 sqft
Lot size
7,500 sqft
ZIP code
60901
City
Kankakee
Street
Cannon Ave
Coordinates
41.11554, -87.88884

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
$1,350
Gross rental yield
14.09%
Implied cap rate
9.16%
Trend-extrapolated value

Frequently asked questions

When did 545 Cannon Ave last sell?
545 Cannon Ave most recently sold on Aug 25, 2022 for $115,000.
What is the current tax assessment for 545 Cannon Ave?
The most recent total assessment for 545 Cannon Ave (year 2024) is $40,314 with $4,766 in property tax.
How does 545 Cannon Ave's assessment compare to its last sale price?
The current assessment is 64.9% below the last sale price of $115,000.
When was 545 Cannon Ave built?
545 Cannon Ave was built in 1941.
How does 545 Cannon Ave compare to others on Cannon Ave?
We track 8 other properties on Cannon Ave. Browse the list under "Other properties on Cannon Ave" to compare beds, baths, and sale history.
What are the property facts for 545 Cannon Ave?
545 Cannon Ave is a 2 bed, 2 bath, 750 sqft, 7,500 sqft lot single_family.
Is 545 Cannon Ave a flip candidate?
No — 545 Cannon Ave does not appear in our flips dataset.
Is 545 Cannon Ave a tax-appeal candidate?
No — 545 Cannon 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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