985 Elm Ave
Kankakee, IL 60901
3 bd 2 ba 1,608 sqft Built 1942 Lot 6,756 sqft single_family
Most recent sale
$170,000
Jun 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 29, 2022 | Sold | $170,000 | MLS #11413125 |
| May 23, 2022 | Listed | $150,000 | MLS #11413125 |
| Jul 6, 2018 | Sold | $114,000 | MLS #09964249 |
| May 27, 2018 | Listed | $120,000 | MLS #09964249 |
| Mar 6, 2008 | Sold | $99,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $42,526 | $7,228 | $49,754 | $5,172 |
| 2018 | $23,233 | $3,948 | $27,181 | $3,301 |
| 2017 | $22,722 | $3,861 | $26,583 | $3,673 |
| 2016 | $22,276 | $3,785 | $26,061 | $3,422 |
| 2015 | $22,731 | $3,862 | $26,593 | $3,325 |
| 2014 | $24,278 | $3,862 | $28,140 | $3,444 |
| 2013 | $25,290 | $4,023 | $29,313 | $3,476 |
| 2012 | $27,636 | $4,255 | $31,891 | $3,568 |
| 2010 | $29,765 | $4,299 | $34,064 | $3,253 |
| 2009 | $29,765 | $4,299 | $34,064 | $3,206 |
| 2008 | $29,098 | $4,299 | $33,397 | $2,959 |
| 2007 | $31,728 | $4,299 | $36,027 | $3,201 |
| 2005 | $27,360 | $4,299 | $31,659 | $2,804 |
Property facts
Year built
1942
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,608 sqft
Lot size
6,756 sqft
ZIP code
60901
City
Kankakee
Street
Elm Ave
Coordinates
41.10752, -87.85253
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,020
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 985 Elm Ave last sell?
985 Elm Ave most recently sold on Jun 29, 2022 for $170,000.
What is the current tax assessment for 985 Elm Ave?
The most recent total assessment for 985 Elm Ave (year 2024) is $49,754 with $5,172 in property tax.
How does 985 Elm Ave's assessment compare to its last sale price?
The current assessment is 70.7% below the last sale price of $170,000.
When was 985 Elm Ave built?
985 Elm Ave was built in 1942.
How does 985 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 985 Elm Ave?
985 Elm Ave is a 3 bed, 2 bath, 1,608 sqft, 6,756 sqft lot single_family.
Is 985 Elm Ave a flip candidate?
No — 985 Elm Ave does not appear in our flips dataset.
Is 985 Elm Ave a tax-appeal candidate?
No — 985 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