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3248 River Rd

Kankakee, IL 60901

3 bd 2 ba 1,400 sqft Built 1973 Lot 13,299 sqft single_family
Most recent sale
$196,000
Aug 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 8, 2022 Sold $196,000 MLS #11442123
Jun 21, 2022 Listed $199,900 MLS #11442123
Jun 30, 2021 Listing removed $98,500 MRED
Aug 31, 2016 Sold $80,000 MLS #09208795
Jul 29, 2016 Relisted $95,000 MLS #09208795
Jul 19, 2016 Listing removed $95,000 MRED
Apr 28, 2016 Listed $95,000 MLS #09208795
Apr 27, 2016 Listing removed $98,500 MRED
Oct 23, 2015 Price changed $98,500 MLS #08903833
Sep 9, 2015 Price changed $108,500 MLS #08903833
Jul 27, 2015 Price changed $112,000 MLS #08903833
Jun 2, 2015 Price changed $115,000 MLS #08903833
Apr 27, 2015 Listed $120,000 MLS #08903833

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $54,090 $10,160 $64,250 $4,347
2022 $46,175 $8,673 $54,848 $4,015
2021 $43,255 $8,125 $51,380 $3,854
2020 $40,711 $7,647 $48,358 $3,731
2019 $38,226 $7,180 $45,406 $3,550
2018 $37,661 $7,074 $44,735 $3,552
2017 $36,832 $6,918 $43,750 $3,496
2016 $35,501 $6,668 $42,169 $2,782
2015 $33,972 $6,381 $40,353 $2,559
2014 $32,983 $6,195 $39,178 $1,648
2013 $33,570 $6,305 $39,875 $1,582
2012 $37,255 $6,997 $44,252 $1,533
2010 $41,245 $7,514 $48,759 $1,365
2009 $40,436 $7,367 $47,803 $1,353
2008 $40,436 $7,367 $47,803 $1,375
2007 $39,258 $7,152 $46,410 $1,425
2005 $35,957 $6,550 $42,507 $1,481

Property facts

Year built
1973
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,400 sqft
Lot size
13,299 sqft
ZIP code
60901
City
Kankakee
Street
River Rd
Coordinates
41.07266, -87.81947

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,176
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3248 River Rd last sell?
3248 River Rd most recently sold on Aug 8, 2022 for $196,000.
What is the current tax assessment for 3248 River Rd?
The most recent total assessment for 3248 River Rd (year 2024) is $64,250 with $4,347 in property tax.
How does 3248 River Rd's assessment compare to its last sale price?
The current assessment is 67.2% below the last sale price of $196,000.
When was 3248 River Rd built?
3248 River Rd was built in 1973.
How does 3248 River Rd compare to others on River Rd?
We track 8 other properties on River Rd. Browse the list under "Other properties on River Rd" to compare beds, baths, and sale history.
What are the property facts for 3248 River Rd?
3248 River Rd is a 3 bed, 2 bath, 1,400 sqft, 13,299 sqft lot single_family.
Is 3248 River Rd a flip candidate?
No — 3248 River Rd does not appear in our flips dataset.
Is 3248 River Rd a tax-appeal candidate?
No — 3248 River Rd 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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