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533 Water St

Kankakee, IL 60901

3 bd 2 ba 1,722 sqft Built 1920 Lot 7,025 sqft single_family
Most recent sale
$136,900
Jan 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 21, 2022 Sold $136,900 MLS #11278035
Nov 29, 2021 Listed $139,900 MLS #11278035

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $51,821 $5,634 $57,455 $6,083
2022 $40,408 $4,393 $44,801 $5,272
2021 $36,568 $3,976 $40,544 $4,895
2020 $32,870 $3,574 $36,444 $4,453
2019 $30,577 $3,325 $33,902 $4,181
2018 $28,312 $3,079 $31,391 $3,957
2017 $27,689 $3,011 $30,700 $4,408
2016 $27,146 $2,952 $30,098 $4,111
2015 $29,317 $3,012 $32,329 $4,252
2014 $29,317 $3,012 $32,329 $4,096
2013 $30,539 $3,138 $33,677 $4,126
2012 $34,499 $3,319 $37,818 $4,385
2010 $36,764 $3,353 $40,117 $3,954
2009 $36,764 $3,353 $40,117 $3,898
2008 $36,764 $3,353 $40,117 $3,242
2007 $35,278 $3,353 $38,631 $3,051
2005 $30,555 $3,353 $33,908 $2,614

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,722 sqft
Lot size
7,025 sqft
ZIP code
60901
City
Kankakee
Street
Water St
Coordinates
41.11267, -87.87416

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$821
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 533 Water St last sell?
533 Water St most recently sold on Jan 21, 2022 for $136,900.
What is the current tax assessment for 533 Water St?
The most recent total assessment for 533 Water St (year 2024) is $57,455 with $6,083 in property tax.
How does 533 Water St's assessment compare to its last sale price?
The current assessment is 58.0% below the last sale price of $136,900.
When was 533 Water St built?
533 Water St was built in 1920.
How does 533 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 533 Water St?
533 Water St is a 3 bed, 2 bath, 1,722 sqft, 7,025 sqft lot single_family.
Is 533 Water St a flip candidate?
No — 533 Water St does not appear in our flips dataset.
Is 533 Water St a tax-appeal candidate?
No — 533 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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