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5585 River Rd

Kankakee, IL 60901

2 bd 2 ba 1,641 sqft Built 1974 Lot 33,541 sqft single_family
Most recent sale
$222,000
Jul 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 14, 2022 Sold $222,000 MLS #11386267
Apr 30, 2022 Listed $230,000 MLS #11386267
Jul 29, 2016 Listing removed $176,000 MRED
Jul 27, 2015 Listed $176,000 MLS #08994430

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $64,867 $18,430 $83,297 $5,859
2022 $51,610 $15,734 $67,344 $4,490
2021 $48,347 $14,739 $63,086 $4,339
2020 $45,503 $13,872 $59,375 $4,073
2019 $42,726 $13,025 $55,751 $3,820
2018 $42,095 $12,833 $54,928 $3,736
2017 $41,169 $12,551 $53,720 $3,722
2016 $39,681 $12,097 $51,778 $3,416
2015 $37,972 $11,576 $49,548 $3,275
2014 $36,866 $11,239 $48,105 $3,207
2013 $37,523 $11,439 $48,962 $3,254
2012 $41,641 $12,695 $54,336 $3,687
2010 $46,101 $13,633 $59,734 $3,985
2009 $45,197 $13,366 $58,563 $3,840
2008 $45,197 $13,366 $58,563 $4,132
2007 $43,881 $12,977 $56,858 $4,187

Property facts

Year built
1974
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,641 sqft
Lot size
33,541 sqft
ZIP code
60901
City
Kankakee
Street
River Rd
Coordinates
41.03966, -87.84865

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,332
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5585 River Rd last sell?
5585 River Rd most recently sold on Jul 14, 2022 for $222,000.
What is the current tax assessment for 5585 River Rd?
The most recent total assessment for 5585 River Rd (year 2024) is $83,297 with $5,859 in property tax.
How does 5585 River Rd's assessment compare to its last sale price?
The current assessment is 62.5% below the last sale price of $222,000.
When was 5585 River Rd built?
5585 River Rd was built in 1974.
How does 5585 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 5585 River Rd?
5585 River Rd is a 2 bed, 2 bath, 1,641 sqft, 33,541 sqft lot single_family.
Is 5585 River Rd a flip candidate?
No — 5585 River Rd does not appear in our flips dataset.
Is 5585 River Rd a tax-appeal candidate?
No — 5585 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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