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1398 Tower Rd

Kankakee, IL 60901

3 bd 2 ba 1,504 sqft Built 1970 Lot 14,850 sqft single_family
Most recent sale
$225,000
Nov 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 4, 2022 Sold $225,000 MRED
Sep 29, 2022 Listed $219,900 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $75,787 $5,982 $81,769 $5,552
2022 $47,371 $5,070 $52,441 $3,196
2021 $45,223 $4,840 $50,063 $3,099
2020 $44,336 $4,745 $49,081 $3,060
2019 $43,573 $4,663 $48,236 $3,008
2018 $42,088 $4,594 $46,682 $2,885
2017 $41,466 $4,526 $45,992 $2,853
2016 $40,356 $4,405 $44,761 $2,771
2015 $39,372 $4,298 $43,670 $2,575
2014 $40,176 $4,386 $44,562 $2,600
2013 $40,788 $4,453 $45,241 $2,626
2012 $42,728 $4,665 $47,393 $2,789
2010 $46,850 $5,115 $51,965 $2,965
2009 $46,850 $5,115 $51,965 $2,885
2008 $45,485 $4,966 $50,451 $2,810
2007 $42,509 $4,641 $47,150 $2,647
2005 $39,306 $4,291 $43,597 $2,454

Property facts

Year built
1970
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,504 sqft
Lot size
14,850 sqft
ZIP code
60901
City
Kankakee
Street
Tower Rd
Coordinates
41.13654, -87.90211

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1398 Tower Rd last sell?
1398 Tower Rd most recently sold on Nov 4, 2022 for $225,000.
What is the current tax assessment for 1398 Tower Rd?
The most recent total assessment for 1398 Tower Rd (year 2024) is $81,769 with $5,552 in property tax.
How does 1398 Tower Rd's assessment compare to its last sale price?
The current assessment is 63.7% below the last sale price of $225,000.
When was 1398 Tower Rd built?
1398 Tower Rd was built in 1970.
How does 1398 Tower Rd compare to others on Tower Rd?
We track 8 other properties on Tower Rd. Browse the list under "Other properties on Tower Rd" to compare beds, baths, and sale history.
What are the property facts for 1398 Tower Rd?
1398 Tower Rd is a 3 bed, 2 bath, 1,504 sqft, 14,850 sqft lot single_family.
Is 1398 Tower Rd a flip candidate?
No — 1398 Tower Rd does not appear in our flips dataset.
Is 1398 Tower Rd a tax-appeal candidate?
No — 1398 Tower 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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