509 Water St
Kankakee, IL 60901
3 bd 3 ba 1,554 sqft Built 1905 Lot 21,008 sqft single_family
Most recent sale
$180,000
Jul 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 20, 2022 | Sold | $180,000 | MLS #11426467 |
| Jun 27, 2022 | Price changed | $199,900 | MLS #11426467 |
| Jun 6, 2022 | Listed | $215,900 | MLS #11426467 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $53,636 | $6,689 | $60,325 | $6,422 |
| 2022 | $41,823 | $5,216 | $47,039 | $4,897 |
| 2021 | $37,849 | $4,720 | $42,569 | $4,474 |
| 2020 | $34,022 | $4,243 | $38,265 | $3,988 |
| 2019 | $31,648 | $3,947 | $35,595 | $3,686 |
| 2018 | $29,304 | $3,655 | $32,959 | $3,422 |
| 2017 | $28,659 | $3,575 | $32,234 | $3,789 |
| 2016 | $28,097 | $3,505 | $31,602 | $3,514 |
| 2015 | $28,670 | $3,577 | $32,247 | $3,431 |
| 2014 | $28,670 | $3,577 | $32,247 | $3,305 |
| 2013 | $29,865 | $3,726 | $33,591 | $3,368 |
| 2012 | $36,286 | $3,941 | $40,227 | $4,166 |
| 2010 | $38,692 | $3,982 | $42,674 | $3,787 |
| 2009 | $38,692 | $3,982 | $42,674 | $4,190 |
| 2008 | $38,692 | $3,982 | $42,674 | $3,943 |
| 2007 | $37,729 | $3,982 | $41,711 | $3,787 |
| 2005 | $33,158 | $3,982 | $37,140 | $3,380 |
Property facts
Year built
1905
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,554 sqft
Lot size
21,008 sqft
ZIP code
60901
City
Kankakee
Street
Water St
Coordinates
41.11266, -87.87361
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,080
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 509 Water St last sell?
509 Water St most recently sold on Jul 20, 2022 for $180,000.
What is the current tax assessment for 509 Water St?
The most recent total assessment for 509 Water St (year 2024) is $60,325 with $6,422 in property tax.
How does 509 Water St's assessment compare to its last sale price?
The current assessment is 66.5% below the last sale price of $180,000.
When was 509 Water St built?
509 Water St was built in 1905.
How does 509 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 509 Water St?
509 Water St is a 3 bed, 3 bath, 1,554 sqft, 21,008 sqft lot single_family.
Is 509 Water St a flip candidate?
No — 509 Water St does not appear in our flips dataset.
Is 509 Water St a tax-appeal candidate?
No — 509 Water St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.2%
Implied 1-yr
-0.7%
2026 Q3
$139.8K
2026 Q4
$139.6K
ZIP 60901 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Water St