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1962 Chestnut St

Kankakee, IL 60901

3 bd 1 ba 1,196 sqft Built 1954 Lot 7,740 sqft single_family
Most recent sale
$81,750
Jun 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 16, 2022 Sold $81,750 MLS #11397263
May 7, 2022 Listed $75,000 MLS #11397263
May 15, 2015 Sold $23,000 MLS #08856840
Mar 10, 2015 Listed $26,000 MLS #08856840

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $20,483 $3,723 $24,206 $2,862
2022 $15,972 $2,903 $18,875 $2,565
2021 $14,454 $2,627 $17,081 $2,421
2020 $12,992 $2,361 $15,353 $2,247
2019 $12,086 $2,196 $14,282 $2,141
2018 $11,191 $2,033 $13,224 $2,062
2017 $10,945 $1,988 $12,933 $1,734
2016 $10,730 $1,949 $12,679 $1,963
2015 $10,949 $1,989 $12,938 $2,090
2014 $12,449 $1,989 $14,438 $2,247
2013 $14,640 $2,072 $16,712 $2,492
2012 $15,485 $2,192 $17,677 $2,437
2010 $20,370 $2,214 $22,584 $2,618
2009 $20,370 $2,214 $22,584 $2,581
2008 $20,370 $2,214 $22,584 $2,397
2007 $20,370 $2,214 $22,584 $2,331
2005 $16,364 $2,214 $18,578 $1,955

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,196 sqft
Lot size
7,740 sqft
ZIP code
60901
City
Kankakee
Street
Chestnut St
Coordinates
41.12076, -87.83795

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$491
Gross rental yield
7.21%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1962 Chestnut St last sell?
1962 Chestnut St most recently sold on Jun 16, 2022 for $81,750.
What is the current tax assessment for 1962 Chestnut St?
The most recent total assessment for 1962 Chestnut St (year 2024) is $24,206 with $2,862 in property tax.
How does 1962 Chestnut St's assessment compare to its last sale price?
The current assessment is 70.4% below the last sale price of $81,750.
When was 1962 Chestnut St built?
1962 Chestnut St was built in 1954.
How does 1962 Chestnut St compare to others on Chestnut St?
We track 8 other properties on Chestnut St. Browse the list under "Other properties on Chestnut St" to compare beds, baths, and sale history.
What are the property facts for 1962 Chestnut St?
1962 Chestnut St is a 3 bed, 1 bath, 1,196 sqft, 7,740 sqft lot single_family.
Is 1962 Chestnut St a flip candidate?
No — 1962 Chestnut St does not appear in our flips dataset.
Is 1962 Chestnut St a tax-appeal candidate?
No — 1962 Chestnut St 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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