502 Kankakee St
Wilmington, IL 60481
3 bd 1 ba 1,000 sqft Lot 4,140 sqft single_family
Most recent sale
$85,489
Sep 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 29, 2023 | Sold | $250,000 | MRED |
| Jul 21, 2023 | Listed | $249,700 | MRED |
| Sep 23, 2022 | Sold | $85,489 | MLS #11452841 |
| Jul 1, 2022 | Listed | $89,000 | MLS #11452841 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $38,060 | $7,596 | $45,656 | $3,043 |
| 2022 | $34,465 | $6,879 | $41,344 | $2,730 |
| 2021 | $32,165 | $6,420 | $38,585 | $2,568 |
| 2020 | $31,319 | $6,251 | $37,570 | $2,522 |
| 2019 | $30,702 | $6,128 | $36,830 | $2,485 |
| 2018 | $30,003 | $5,988 | $35,991 | $2,431 |
| 2017 | $28,027 | $5,594 | $33,621 | $2,260 |
| 2016 | $25,748 | $5,139 | $30,887 | $2,027 |
| 2015 | $25,132 | $5,016 | $30,148 | $2,033 |
| 2014 | $25,386 | $5,067 | $30,453 | $2,058 |
| 2013 | $27,052 | $5,400 | $32,452 | $2,111 |
| 2012 | $28,551 | $5,699 | $34,250 | $2,113 |
| 2011 | $30,261 | $6,040 | $36,301 | $2,061 |
| 2010 | $31,522 | $6,292 | $37,814 | $2,076 |
| 2009 | $31,522 | $6,292 | $37,814 | $2,030 |
| 2008 | $31,522 | $6,292 | $37,814 | $1,982 |
| 2007 | $29,598 | $5,908 | $35,506 | $1,825 |
| 2006 | $27,406 | $5,470 | $32,876 | $1,827 |
Property facts
Year built
—
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,000 sqft
Lot size
4,140 sqft
ZIP code
60481
City
Wilmington
Street
Kankakee St
Coordinates
41.30506, -88.14308
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$513
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 502 Kankakee St last sell?
502 Kankakee St most recently sold on Sep 23, 2022 for $85,489.
What is the current tax assessment for 502 Kankakee St?
The most recent total assessment for 502 Kankakee St (year 2024) is $45,656 with $3,043 in property tax.
How does 502 Kankakee St's assessment compare to its last sale price?
The current assessment is 46.6% below the last sale price of $85,489.
When was 502 Kankakee St built?
The year built for 502 Kankakee St is not in our records.
How does 502 Kankakee St compare to others on Kankakee St?
We track 8 other properties on Kankakee St. Browse the list under "Other properties on Kankakee St" to compare beds, baths, and sale history.
What are the property facts for 502 Kankakee St?
502 Kankakee St is a 3 bed, 1 bath, 1,000 sqft, 4,140 sqft lot single_family.
Is 502 Kankakee St a flip candidate?
Yes — 502 Kankakee St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 502 Kankakee St a tax-appeal candidate?
No — 502 Kankakee 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
+5.0%
Implied 1-yr
+19.8%
2026 Q3
$346.8K
2026 Q4
$359.8K
ZIP 60481 — Median Price History + Forecast
Explore nearby
Geography
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