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423 Water St

Kankakee, IL 60901

1 bd 1 ba 1,224 sqft Built 1920 Lot 7,841 sqft single_family
Most recent sale
$116,000
Jun 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 22, 2024 Sold $148,000 MRED
Sep 11, 2024 Price changed $149,000 MRED
Aug 9, 2024 Listed $154,000 MRED
Jun 27, 2022 Sold $116,000 MLS #11410362
May 20, 2022 Listed $110,000 MLS #11410362

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $42,711 $5,634 $48,345 $5,006
2022 $33,304 $4,393 $37,697 $5,122
2021 $30,139 $3,976 $34,115 $1,818
2020 $27,091 $3,574 $30,665 $1,876
2019 $25,201 $3,325 $28,526 $1,922
2018 $23,334 $3,079 $26,413 $2,311
2017 $22,821 $3,011 $25,832 $2,646
2016 $22,374 $2,952 $25,326 $3,374
2015 $22,831 $3,012 $25,843 $4,173
2014 $22,831 $3,012 $25,843 $4,020
2013 $23,782 $3,138 $26,920 $4,013
2012 $27,904 $3,319 $31,223 $4,302
2010 $29,769 $3,353 $33,122 $3,838
2009 $29,769 $3,353 $33,122 $3,783
2008 $29,769 $3,353 $33,122 $2,690
2007 $26,504 $3,353 $29,857 $2,564
2005 $24,838 $3,353 $28,191 $2,439

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
1
Baths
1
Living area
1,224 sqft
Lot size
7,841 sqft
ZIP code
60901
City
Kankakee
Street
Water St
Coordinates
41.11248, -87.87240

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$696
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 423 Water St last sell?
423 Water St most recently sold on Jun 27, 2022 for $116,000.
What is the current tax assessment for 423 Water St?
The most recent total assessment for 423 Water St (year 2024) is $48,345 with $5,006 in property tax.
How does 423 Water St's assessment compare to its last sale price?
The current assessment is 58.3% below the last sale price of $116,000.
When was 423 Water St built?
423 Water St was built in 1920.
How does 423 Water St compare to others on Water St?
We track 8 other properties on Water St. Browse the list under "Other properties on Water St" to compare beds, baths, and sale history.
What are the property facts for 423 Water St?
423 Water St is a 1 bed, 1 bath, 1,224 sqft, 7,841 sqft lot single_family.
Is 423 Water St a flip candidate?
No — 423 Water St does not appear in our flips dataset.
Is 423 Water St a tax-appeal candidate?
No — 423 Water St 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
-0.2%
Implied 1-yr
-0.7%
2026 Q3
$139.8K
2026 Q4
$139.6K
ZIP 60901 — Median Price History + Forecast

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