1040 Elm Ave
Kankakee, IL 60901
3 bd 3 ba 1,518 sqft Built 1941 Lot 6,974 sqft single_family
Most recent sale
$179,900
Sep 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 16, 2022 | Sold | $179,900 | MLS #11471510 |
| Jul 26, 2022 | Listed | $179,900 | MLS #11471510 |
| Oct 22, 2021 | Sold | $160,000 | MLS #11206497 |
| Jun 18, 2018 | Sold | $93,000 | MLS #09811387 |
| Dec 4, 2017 | Listed | $119,900 | MLS #09811387 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $40,187 | $7,455 | $47,642 | $5,632 |
| 2022 | $31,336 | $5,813 | $37,149 | $5,048 |
| 2021 | $28,358 | $5,261 | $33,619 | $3,914 |
| 2020 | $25,490 | $4,729 | $30,219 | $3,542 |
| 2019 | $23,712 | $4,399 | $28,111 | $3,313 |
| 2018 | $21,956 | $4,073 | $26,029 | $3,121 |
| 2017 | $21,473 | $3,983 | $25,456 | $3,472 |
| 2016 | $21,052 | $3,905 | $24,957 | $3,234 |
| 2015 | $22,140 | $3,985 | $26,125 | $3,250 |
| 2014 | $23,660 | $3,985 | $27,645 | $3,367 |
| 2013 | $24,646 | $4,151 | $28,797 | $3,399 |
| 2012 | $28,570 | $4,391 | $32,961 | $3,716 |
| 2010 | $31,009 | $4,437 | $35,446 | $3,413 |
| 2009 | $31,009 | $4,437 | $35,446 | $3,364 |
| 2008 | $30,213 | $4,437 | $34,650 | $3,092 |
| 2007 | $29,011 | $4,437 | $33,448 | $2,935 |
| 2005 | $25,093 | $4,437 | $29,530 | $2,580 |
Property facts
Year built
1941
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,518 sqft
Lot size
6,974 sqft
ZIP code
60901
City
Kankakee
Street
Elm Ave
Coordinates
41.10673, -87.85193
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,079
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1040 Elm Ave last sell?
1040 Elm Ave most recently sold on Sep 16, 2022 for $179,900.
What is the current tax assessment for 1040 Elm Ave?
The most recent total assessment for 1040 Elm Ave (year 2024) is $47,642 with $5,632 in property tax.
How does 1040 Elm Ave's assessment compare to its last sale price?
The current assessment is 73.5% below the last sale price of $179,900.
When was 1040 Elm Ave built?
1040 Elm Ave was built in 1941.
How does 1040 Elm Ave compare to others on Elm Ave?
We track 8 other properties on Elm Ave. Browse the list under "Other properties on Elm Ave" to compare beds, baths, and sale history.
What are the property facts for 1040 Elm Ave?
1040 Elm Ave is a 3 bed, 3 bath, 1,518 sqft, 6,974 sqft lot single_family.
Is 1040 Elm Ave a flip candidate?
No — 1040 Elm Ave does not appear in our flips dataset.
Is 1040 Elm Ave a tax-appeal candidate?
No — 1040 Elm Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.2%
Implied 1-yr
-0.7%
2026 Q3
$139.8K
2026 Q4
$139.6K
ZIP 60901 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Elm Ave