645 Merchant St
Kankakee, IL 60901
2 bd 1 ba 1,090 sqft Built 1937 Lot 2,997 sqft single_family
Most recent sale
$42,000
Aug 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 3, 2022 | Sold | $42,000 | MLS #11457053 |
| Jul 7, 2022 | Listed | $39,900 | MLS #11457053 |
| Oct 30, 2017 | Listing removed | $29,900 | MRED |
| Sep 19, 2017 | Relisted | $29,900 | MLS #09595929 |
| Aug 27, 2017 | Listing removed | $29,900 | MRED |
| Apr 15, 2017 | Listed | $29,900 | MLS #09595929 |
| Apr 13, 2017 | Listing removed | $29,900 | MRED |
| Jul 18, 2016 | Price changed | $29,900 | MLS #09197478 |
| Apr 16, 2016 | Listed | $35,900 | MLS #09197478 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $23,802 | $2,150 | $25,952 | $2,874 |
| 2024 | $20,971 | $1,894 | $22,865 | $2,703 |
| 2022 | $16,352 | $1,477 | $17,829 | $2,422 |
| 2021 | $14,798 | $1,337 | $16,135 | $2,286 |
| 2020 | $13,302 | $1,202 | $14,504 | $2,121 |
| 2019 | $12,374 | $1,118 | $13,492 | $2,022 |
| 2018 | $11,457 | $1,035 | $12,492 | $1,947 |
| 2017 | $11,205 | $1,012 | $12,217 | $2,180 |
| 2016 | $10,985 | $992 | $11,977 | $2,043 |
| 2015 | $11,209 | $1,012 | $12,221 | $1,259 |
| 2014 | $12,566 | $1,012 | $13,578 | $1,213 |
| 2013 | $13,090 | $1,054 | $14,144 | $1,214 |
| 2012 | $13,846 | $1,115 | $14,961 | $1,235 |
| 2010 | $22,185 | $1,127 | $23,312 | $1,775 |
| 2009 | $22,185 | $1,127 | $23,312 | $1,978 |
| 2008 | $22,185 | $1,127 | $23,312 | $1,890 |
| 2007 | $21,037 | $1,127 | $22,164 | $1,771 |
| 2005 | $18,642 | $1,127 | $19,769 | $2,079 |
Property facts
Year built
1937
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,090 sqft
Lot size
2,997 sqft
ZIP code
60901
City
Kankakee
Street
Merchant St
Coordinates
41.11850, -87.85799
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$252
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 645 Merchant St last sell?
645 Merchant St most recently sold on Aug 3, 2022 for $42,000.
What is the current tax assessment for 645 Merchant St?
The most recent total assessment for 645 Merchant St (year 2025) is $25,952 with $2,874 in property tax.
How does 645 Merchant St's assessment compare to its last sale price?
The current assessment is 38.2% below the last sale price of $42,000.
When was 645 Merchant St built?
645 Merchant St was built in 1937.
How does 645 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 645 Merchant St?
645 Merchant St is a 2 bed, 1 bath, 1,090 sqft, 2,997 sqft lot single_family.
Is 645 Merchant St a flip candidate?
No — 645 Merchant St does not appear in our flips dataset.
Is 645 Merchant St a tax-appeal candidate?
No — 645 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