322 Illinois Ave
Kankakee, IL 60901
2 bd 1 ba 700 sqft Built 1941 Lot 6,525 sqft single_family
Most recent sale
$40,000
Sep 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 2, 2022 | Sold | $40,000 | MLS #11468604 |
| Jul 19, 2022 | Listed | $40,000 | MLS #11468604 |
| May 22, 2019 | Sold | $115,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $5,087 | $1,014 | $6,101 | $722 |
| 2022 | $3,967 | $790 | $4,757 | $647 |
| 2021 | $3,590 | $715 | $4,305 | $611 |
| 2020 | $3,227 | $643 | $3,870 | $567 |
| 2019 | $3,002 | $598 | $3,600 | $540 |
| 2018 | $7,442 | $554 | $7,996 | $1,247 |
| 2017 | $7,278 | $542 | $7,820 | $1,396 |
| 2016 | $7,135 | $531 | $7,666 | $1,309 |
| 2015 | $7,281 | $542 | $7,823 | $1,264 |
| 2014 | $7,281 | $542 | $7,823 | $1,218 |
| 2013 | $7,584 | $565 | $8,149 | $1,216 |
| 2012 | $8,022 | $598 | $8,620 | $1,189 |
| 2010 | $13,213 | $604 | $13,817 | $1,602 |
| 2009 | $13,213 | $604 | $13,817 | $1,579 |
| 2008 | $13,213 | $604 | $13,817 | $1,467 |
| 2007 | $13,213 | $604 | $13,817 | $1,426 |
| 2005 | $10,695 | $604 | $11,299 | $1,189 |
Property facts
Year built
1941
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
700 sqft
Lot size
6,525 sqft
ZIP code
60901
City
Kankakee
Street
Illinois Ave
Coordinates
41.12235, -87.84182
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
$240
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 322 Illinois Ave last sell?
322 Illinois Ave most recently sold on Sep 2, 2022 for $40,000.
What is the current tax assessment for 322 Illinois Ave?
The most recent total assessment for 322 Illinois Ave (year 2024) is $6,101 with $722 in property tax.
How does 322 Illinois Ave's assessment compare to its last sale price?
The current assessment is 84.7% below the last sale price of $40,000.
When was 322 Illinois Ave built?
322 Illinois Ave was built in 1941.
How does 322 Illinois Ave compare to others on Illinois Ave?
We track 8 other properties on Illinois Ave. Browse the list under "Other properties on Illinois Ave" to compare beds, baths, and sale history.
What are the property facts for 322 Illinois Ave?
322 Illinois Ave is a 2 bed, 1 bath, 700 sqft, 6,525 sqft lot single_family.
Is 322 Illinois Ave a flip candidate?
No — 322 Illinois Ave does not appear in our flips dataset.
Is 322 Illinois Ave a tax-appeal candidate?
No — 322 Illinois 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 Illinois Ave