322 Merchant St
Kankakee, IL 60901
3 bd 2 ba Built 1885 Lot 2,013 sqft multi_family
Most recent sale
$70,000
Jun 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 15, 2025 | Sold | $85,000 | MRED |
| May 28, 2025 | Price changed | $90,000 | MRED |
| Mar 17, 2025 | Listed | $95,000 | MRED |
| Feb 19, 2025 | Listed | $100,000 | MRED |
| Jan 9, 2025 | Price changed | $100,000 | MRED |
| Nov 25, 2024 | Price changed | $105,000 | MRED |
| Oct 23, 2024 | Listed | $110,000 | MRED |
| Jun 27, 2022 | Sold | $70,000 | MLS #11399854 |
| May 10, 2022 | Listed | $70,000 | MLS #11399854 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $19,992 | $1,912 | $21,904 | $2,589 |
| 2022 | $15,589 | $1,491 | $17,080 | $2,320 |
| 2021 | $14,108 | $1,349 | $15,457 | $2,190 |
| 2020 | $12,681 | $1,213 | $13,894 | $2,032 |
| 2019 | $11,796 | $1,128 | $12,924 | $1,937 |
| 2018 | $10,922 | $1,044 | $11,966 | $1,865 |
| 2017 | $10,682 | $1,021 | $11,703 | $2,088 |
| 2016 | $10,473 | $1,001 | $11,474 | $1,957 |
| 2015 | $10,687 | $1,021 | $11,708 | $1,891 |
| 2014 | $10,687 | $1,021 | $11,708 | $1,821 |
| 2013 | $13,285 | $1,064 | $14,349 | $2,139 |
| 2012 | $14,052 | $1,125 | $15,177 | $2,092 |
| 2010 | $21,271 | $1,137 | $22,408 | $2,597 |
| 2009 | $21,271 | $1,137 | $22,408 | $2,560 |
| 2008 | $21,271 | $1,137 | $22,408 | $2,377 |
| 2007 | $19,923 | $1,137 | $21,060 | $2,173 |
| 2005 | $15,651 | $1,137 | $16,788 | $1,765 |
Property facts
Year built
1885
Property type
multi_family
Stories
—
Beds
3
Baths
2
Living area
—
Lot size
2,013 sqft
ZIP code
60901
City
Kankakee
Street
Merchant St
Coordinates
41.11944, -87.86966
Frequently asked questions
When did 322 Merchant St last sell?
322 Merchant St most recently sold on Jun 27, 2022 for $70,000.
What is the current tax assessment for 322 Merchant St?
The most recent total assessment for 322 Merchant St (year 2024) is $21,904 with $2,589 in property tax.
How does 322 Merchant St's assessment compare to its last sale price?
The current assessment is 68.7% below the last sale price of $70,000.
When was 322 Merchant St built?
322 Merchant St was built in 1885.
How does 322 Merchant St compare to others on Merchant St?
We track 8 other properties on Merchant St. Browse the list under "Other properties on Merchant St" to compare beds, baths, and sale history.
What are the property facts for 322 Merchant St?
322 Merchant St is a 3 bed, 2 bath, 2,013 sqft lot multi_family.
Is 322 Merchant St a flip candidate?
No — 322 Merchant St does not appear in our flips dataset.
Is 322 Merchant St a tax-appeal candidate?
No — 322 Merchant St 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 Merchant St