481 S 4th Ave, Kankakee, IL 60901
Property image
Property image
OFF MARKET

481 S 4th Ave
Kankakee, IL 60901

  • 2 Beds
  • 1 Bath
  • 1,000 sqft

$60,000

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $494/mo*
Refinance Your Home

$60,000

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $494/mo*
Refinance Your Home
2 Beds
1 Bath
1,000 sqft

Home Value

Trulia Estimate
$60K
Since last month
Decreased$1K (-1.7%)
Since last year
Decreased$10K (-14.4%)
Since last sale
Increased$17K (+40%)
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 +136% in the last 10 years
MonthEstimated value
2026
August 2026$60K
July 2026$61K
June 2026$60K
May 2026$65K
April 2026$61K
March 2026$60K
February 2026$59K
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
143 N Entrance Ave, Kankakee, IL
0.38
Single-Family Home
$45,200
04/27/26
3
1
1,100
547 W Bourbonnais St, Kankakee, IL
0.08
Single-Family Home
$99,000
11/19/25
3
1
1,146
Address Not Disclosed, Kankakee, IL
0.18
Single-Family Home
$72,000
09/02/25
3
1
1,220
261 N 6th Ave, Kankakee, IL
0.53
Single-Family Home
$30,000
06/12/26
2
1
1,058
974 S Washington Ave, Kankakee, IL
0.47
Single-Family Home
$63,333
01/27/26
2
1
984
229 N 6th Ave, Kankakee, IL
0.51
Single-Family Home
$40,000
06/12/26
2
1
802
881 S Dearborn Ave, Kankakee, IL
0.53
Single-Family Home
$41,041
11/14/25
2
1
968
356 W Cypress St, Kankakee, IL
0.68
Single-Family Home
$46,000
05/20/26
2
1
832
940 S Washington Ave, Kankakee, IL
0.44
Single-Family Home
$63,000
10/02/25
2
1
1,400
945 Stone St, Kankakee, IL
0.62
Single-Family Home
$57,500
11/20/25
2
1
900

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
340 W Bourbonnais St, Kankakee, IL 60901
0.06
$57,400
3
1
1,060
Off Market
507 S 4th Ave, Kankakee, IL 60901
0.03
$112,300
2
1
1,102
Off Market
436 S 4th Ave, Kankakee, IL 60901
0.04
$100,000
4
1
-
Recently Sold
530 S 4th Ave, Kankakee, IL 60901
0.06
$156,700
5
3
-
Off Market
543 S 3rd Ave, Kankakee, IL 60901
0.09
$290,000
8
4
-
For Sale
346 W Hickory St, Kankakee, IL 60901
0.08
$95,800
2
2
-
Off Market
274 W Bourbonnais St, Kankakee, IL 60901
0.11
$152,800
4
1.5
1,600
Off Market
553 S 3rd St, Kankakee, IL 60901
0.11
$170,550
4
1
-
Recently Sold
408 S 5th Ave, Kankakee, IL 60901
0.07
$229,500
3
2
1,700
Off Market
290 W Hickory St, Kankakee, IL 60901
0.11
$132,700
2
1
900
Off Market
495 S 5th Ave, Kankakee, IL 60901
0.08
$47,200
2
1
-
Off Market
S, Kankakee, IL 60901
0.10
$55,000
3
1.5
1,696
Off Market

Local Information

  • Map ViewExplore the area around 481 S 4th Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1885
Living Area
1,000 sqft
Price/Sqft
$60

About this House

Opportunity Awaits!
This charming home is move-in ready or perfect for a cosmetic facelift to unlock even more equity. Whether you’re an owner-occupant seeking affordability or an investor looking for your next fix-and-flip, this property has you covered. Featuring 2 bedrooms, 1 bathroom, and a spacious basement, it’s an ideal match for future tenants or buyers. Don’t miss out on a solid value in a rising market!

481 S 4th Ave, Kankakee, IL 60901 is a 2 bedroom, 1 bathroom, 1,000 sqft single-family home built in 1885. It last sold for $42,500 on Jun 6, 2005. It is currently off market. The Trulia Estimate is $60,000, with a rent estimate of $1,399/month.

Home Details for 481 S 4th Ave

Property Information

Year Built
Year Built: 1885
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 3400 sqft

Price and Tax history

DateEventPrice
Aug 22, 2025
Source: N/A
ListingRemoved
Aug 8, 2025
Source: N/A
Listed For Sale
$49,000
Jun 6, 2005
Source: N/A
Sold
$42,500

Market trends in Kankakee

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$160K
$4.48KMoM
Sale-to-List Price
98.8%
Price per sq ft
$116
Available listings
78
3MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • Donna Tymec
    "I use my car everything is accessible with in 2-10 minutes. Buses run till 11 pm. Commute is easy hardly any congestion when traffic comes "
    0
    Flag
  • Vinnie Crump
    "Like that most people are friendly . People have ongoing relationships with neighbors and feel safe. People with dogs seem to respect their neighbors and boundaries don’t leave their dogs outside all evening just letting them bark and bark and bark "
    0
    Flag
  • Sluiterdbm
    "Plenty of people walking dogs in the neighborhood and a park down by the river as well. Very nice neighborhood!"
    0
    Flag
  • Sluiterdbm
    "I’ve lived here for 22 years in the historic district and there are very unique historical homes to enjoy on walks and friendly neighbors. Very beautiful sunsets over the river to enjoy as well!"
    0
    Flag
  • Kathleen Donovan Downey
    "…………Herscher is a great school district. Friendly neighborhood. Nice state park nearby. Safe for kids to play outside. "
    0
    Flag
  • Kevali Amphy
    "I wouldn’t take public transportation unless absolutely necessary. Little to no traffic. State and local police are active."
    0
    Flag
  • Maliknorsworthy
    "ne of the main roles of parents is providing encouragement, support and access to activities that enable a child to master key developmental"
    0
    Flag
  • Olivia Johnson
    "Great access love this community. I am foreign here born and raised. I appreciate everything in this community."
    0
    Flag
  • Lateesakfoster93
    "I’ve Been here all my life..very small and quiet.I will recommend if anyone is looking for a smaller town to live."
    9
    Flag
  • Mark E. H.
    "Great schools and right next to Hawkins Park with a 2/3 mile jogging track. Close to hospitals. Country living. "
    3
    Flag
  • Angela W.
    "It’s run down. People don’t try to improve their property, they do the bare minimum. The Alderman doesn’t enforce anything they just get a check."
    1
    Flag
  • Danniiemarie
    "It’s loud at night where I’m by, parties and drinking plus smoking all through the night. If you want to live here just beware"
    10
    Flag
  • Olivia Q.
    "I don’t like it.hear to many gun shots, have had a package stolen from my front porch and the lighting outside for the streets suck they aren’t bright at all "
    1
    Flag
  • Cristinatrujillo5783
    "No one helps out no one turns in the bad Guys it needs to stop we need to come together to make it town better "
    12
    Flag
  • Kennice B.
    "I lived here for 1 yr it's been pretty quiet nice place to live so far will recommend neighborhood to anyone "
    3
    Flag
  • Cristinatrujillo5783
    "None we have no events and there is always shooting in the area and they go to jail for a week and get out "
    8
    Flag
  • Gerraile
    "There are parks and green spaces but you have to travel through intrepid waters or neighborhoods to get to some. "
    1
    Flag
  • Michelle B.
    "not the best neighborhood, some areas are good some are not so great. Be sure to do your research on the areas before making your decision."
    3
    Flag
  • Ayersloretta53
    "I've lived in this area for six years and it has been going down hill every since. Loud music and roudy people are moving into thr area."
    0
    Flag
  • Nimon B.
    "only one dog in my neighborhood and they pick up after it...but over all it's a really nice neighborhood where I stay at."
    0
    Flag
  • Djsluiter
    "We have a holiday housewalk and are constantly doing special events. For Christmas our neighborhood has just started a parade of lights and in the summer there are bike races and block parties, wine and cheese events etc. "
    2
    Flag
  • Djsluiter
    "Great place with good parks and plenty of areas to walk dogs. There is the Kankakee River that is always a good place to bring dogs. "
    1
    Flag
  • Donnajones287
    "Lived here for almost two years now and this town sucks and the police are even worse. It's not safe here and the hookers walk around with there gas and wash cups to let it know there open for business. "
    0
    Flag
  • Kellielafevor
    "Our community does amazing things. The farmers market, downtown activities, the public library. We love our daycare and preschool in the district. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 481 S 4th Ave

  • What is 481 S 4th Ave estimated to be worth?
    Trulia's estimated value for 481 S 4th Ave in Kankakee, IL is $60,000.
  • What is the price history for 481 S 4th Ave?
    481 S 4th Ave in Kankakee, IL last sold for $42,500 in June 2005.
  • 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 $160K. That is up $4.48K from the prior month.
  • How big is the lot at 481 S 4th Ave?
    The lot at 481 S 4th Ave in Kankakee, IL is about 0.08 acres (3,400 sq ft).

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Off Market Homes Near 481 S 4th Ave

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