$104,300
- 3 Beds
- 1 Bath
- 1,480 sqft (on 1 acre)
385 S Elm Ave, Kankakee, IL 60901
Est. Refi. Payment $822/mo*
Refinance Your HomeCurrently Off Market - Sold Dec 10, 2024 for $55,000
Home Value
Trulia Estimate
$104KSince last month
Decreased$16K (-14.3%)Since last year
Increased$39K (+68.9%)Since last sale
Increased$39K (+71.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +277% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $94K |
| August 2026 | $111K |
| July 2026 | $110K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Single-Family Home | $63,000 | 09/04/26 | 2 | 1 | 1,072 | |
0.25 | Single-Family Home | $51,000 | 09/01/26 | 3 | 1 | 1,150 | |
0.19 | Single-Family Home | $55,000 | 01/09/26 | 3 | 1.5 | 1,248 | |
0.16 | Single-Family Home | $47,500 | 02/02/26 | 2 | 1 | 890 | |
0.28 | Single-Family Home | $45,000 | 05/13/26 | 3 | 2 | 1,452 | |
0.14 | Single-Family Home | $71,000 | 02/06/26 | 4 | 2.5 | 1,344 | |
0.31 | Single-Family Home | $65,000 | 04/16/26 | 2 | 1 | 826 | |
0.41 | Single-Family Home | $80,000 | 02/13/26 | 3 | 1 | 1,002 | |
0.65 | Single-Family Home | $59,950 | 02/25/26 | 3 | 1 | 1,355 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $167,000 | 2 | 2 | 1,200 | Off Market | |
0.05 | $154,000 | 3 | 1 | 1,250 | Off Market | |
0.04 | $63,000 | 2 | 1 | 1,072 | Recently Sold | |
0.06 | $159,200 | 4 | 2 | 1,456 | Off Market | |
0.04 | $158,000 | 5 | 2 | 1,600 | Recently Sold | |
0.08 | $105,000 | 3 | 1 | 1,100 | Recently Sold | |
0.06 | $119,900 | 2 | 1 | 1,109 | For Sale | |
0.07 | $169,100 | 3 | 1.5 | 1,536 | Off Market | |
0.13 | $10,000 | 5 | 3 | - | Recently Sold | |
0.08 | $124,000 | 2 | 1 | 936 | Off Market | |
0.14 | $312,500 | 8 | 4 | - | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1925
1 acre lot
1,480 sqft
$70/sqft
About this House
This property is being sold "As Is" This Kankakee single family home offers 3 bedrooms 1 full bath and full basement that is unfinished. The home will need some work and there is a lot of debris that the buyer will have to dispose of. This is a great opportunity to build instant equity and enjoy all that Kankakee has to offer. The property here has no garage, but has a very nice size rear yard for family enjoyment. Bring your ideas to this great piece of property and follow the instructions for submitting an offer! This one is a must see.
385 S Elm Ave, Kankakee, IL 60901 is a 3 bedroom, 1 bathroom, 1,480 sqft single-family home built in 1925. It last sold for $55,000 on Dec 10, 2024 (10% above the $49,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $104,300, with a rent estimate of $1,926/month.
Last check for updates: about 4 hours ago
Listed by Otis Lazich, (708) 692-7283
Capital Investment Realty Group Inc
Bought with: Damon Saathoff, (779) 301-3101, RE/MAX Prestige Homes
Source: MRED as distributed by MLS GRID, MLS#12203105

Home Details for 385 S Elm Ave
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MLS Status: Closed |
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Interior Details Basement: Unfinished,FullNumber of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Den, Dining Room, Family Room, Kitchen, Laundry, Living Room |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 1480 Square Feet |
Heating & Cooling Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas |
Levels, Entrance, & Accessibility Stories: 1.5Accessibility: No Disability Access |
View No View |
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Exterior Home Features Roof: Asphalt |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1925 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Brick, Stucco, Wood SidingNot a New Construction |
Property Information Parcel Number: 16170521501900 |
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Price List Price: $49,900 |
Status Change & Dates Off Market Date: Mon Nov 18 2024Possession Timing: Close Of Escrow |
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Direction & Address City: Kankakee |
School Information Elementary School District: 111Jr High / Middle School District: 111High School District: 111 |
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Community Features: Curbs, Sidewalks, Street Lights, Street Paved |
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HOA Fee Includes: None |
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Lot Area: 1 Acres |
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Special Conditions: Real Estate Owned |
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Listing Terms: Cash |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12203105 |
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CurbsSidewalksStreet LightsStreet PavedSource Internet Entire Listing DisplaySource Internet Address DisplayMRD REMARKSINTERNET: Yes |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 10, 2024 Source: MRED as distributed by MLS GRID #12203105 | Sold | $55,000 |
Feb 18, 2005 Source: N/A | Sold | $36,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $2,562 | $64,998 |
Home facts updated by county records
Market trends in Kankakee
Last updated August 2026
Avg. sale price
$185K
$25KMoM
Sale-to-List Price
โ
Price per sq ft
โ
Available listings
91
13MoM
Around this home
What Locals Say about Kankakee
At least 211 Trulia users voted on each feature.
85 % Say car is needed
80 % Say parking is easy
79 % Say yards are well-kept
75 % Say there are sidewalks
67 % Say it's dog friendly
64 % Say there's holiday spirit
60 % Say kids play outside
51 % Say neighbors are friendly
50 % Say it's quiet
46 % Say it's walkable to restaurants
44 % Say there's wildlife
44 % Say streets are well-lit
43 % Say they plan to stay for at least 5 years
40 % Say it's walkable to grocery stores
38 % Say people would walk alone at night
25 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information
Frequently asked questions about 385 S Elm Ave
- What is 385 S Elm Ave estimated to be worth?Trulia's estimated value for 385 S Elm Ave in Kankakee, IL is $104,300.
- What is the price history for 385 S Elm Ave?385 S Elm Ave in Kankakee, IL last sold for $55,000 in December 2024.
- Is Kankakee a buyer's or seller's market?Kankakee is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Kankakee?The median sale price in Kankakee is $185K. That is up $25K from the prior month.
- Does 385 S Elm Ave have air conditioning?Yes, 385 S Elm Ave in Kankakee, IL has air conditioning.
- Does 385 S Elm Ave have laundry facilities?Yes, 385 S Elm Ave in Kankakee, IL has laundry facilities.

