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720 River Dr

Kankakee, IL 60901

2 bd 1 ba 1,273 sqft Built 1928 single_family
Most recent sale
$87,500
Jul 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 28, 2022 Sold $87,500 MLS #11436031
Jun 15, 2022 Listing removed $89,900 MRED
Jun 15, 2022 Listed $89,900 MLS #11436031
May 6, 2022 Listed $89,900 MLS #11396585
Apr 12, 2020 Listing removed $79,900 MRED
Mar 4, 2020 Price changed $79,900 MLS #10514572
Dec 5, 2019 Price changed $83,500 MLS #10514572
Sep 11, 2019 Listed $87,900 MLS #10514572

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $40,365 $6,024 $46,389 $5,484
2022 $31,475 $4,698 $36,173 $4,100
2021 $28,484 $4,252 $32,736 $3,789
2020 $25,604 $3,822 $29,426 $3,426
2019 $23,818 $3,555 $27,373 $3,203
2018 $22,054 $3,292 $25,346 $3,015
2017 $21,569 $3,220 $24,789 $3,353
2016 $21,146 $3,157 $24,303 $3,122
2015 $21,578 $3,221 $24,799 $3,036
2014 $22,883 $3,221 $26,104 $3,128
2013 $23,836 $3,355 $27,191 $3,159
2012 $25,213 $3,549 $28,762 $3,137
2010 $28,750 $3,586 $32,336 $3,052
2009 $28,750 $3,586 $32,336 $3,009
2008 $28,750 $3,586 $32,336 $2,847
2007 $28,750 $3,586 $32,336 $2,820
2005 $22,309 $3,586 $25,895 $2,197

Property facts

Year built
1928
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,273 sqft
Lot size
ZIP code
60901
City
Kankakee
Street
River Dr
Coordinates
41.12845, -87.87931

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$525
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 720 River Dr last sell?
720 River Dr most recently sold on Jul 28, 2022 for $87,500.
What is the current tax assessment for 720 River Dr?
The most recent total assessment for 720 River Dr (year 2024) is $46,389 with $5,484 in property tax.
How does 720 River Dr's assessment compare to its last sale price?
The current assessment is 47.0% below the last sale price of $87,500.
When was 720 River Dr built?
720 River Dr was built in 1928.
How does 720 River Dr compare to others on River Dr?
We track 8 other properties on River Dr. Browse the list under "Other properties on River Dr" to compare beds, baths, and sale history.
What are the property facts for 720 River Dr?
720 River Dr is a 2 bed, 1 bath, 1,273 sqft single_family.
Is 720 River Dr a flip candidate?
No — 720 River Dr does not appear in our flips dataset.
Is 720 River Dr a tax-appeal candidate?
No — 720 River Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.1%
Implied 1-yr
+0.3%
2026 Q3
$140.5K
2026 Q4
$140.6K
ZIP 60901 — Median Price History + Forecast

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