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$114,900 Just Listed
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Property Description
Welcome to 1055 South 4th Avenue in Kankakee-a classic three-bedroom, two-bath ranch home full of opportunity and untapped potential. From the moment you step inside, you'll see the solid layout and character that make this property a perfect canvas for the right buyer. The main level offers a traditional and functional floor plan featuring a spacious living room, dedicated dining area, kitchen, three bedrooms, and a full bathroom-all conveniently laid out for everyday living. Downstairs, the full basement expands your possibilities with four additional rooms, a second bathroom, and a laundry area, providing ample space for storage, recreation, or future finishing touches. This home is being sold as-is as part of an estate, and the seller has never occupied the property. While it does require updates and improvements, the upside is undeniable. Whether you're an investor searching for your next flip or rental, or a buyer looking to build equity and create a home of your own, this property delivers value and versatility. Outside, you'll find a detached two-car garage along with additional parking-ideal for multiple vehicles, guests, or added convenience. Opportunities like this don't come around often at this price point. Bring your vision, your tools, and your ambition-this one is ready for its next chapter. Call today to schedule your private showing-serious buyers only.
Full Property Details
Full Property Details for 1055 S 4th Ave
General
- Price: $114,900
- Taxes: $3,170 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12598768
- Updated: 4/3/2026
- Added to Site: 3 day(s) ago
Interior
- Basement: Partially
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood-Burning
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: Kankakee
- County: Kankakee
- Township: Kankakee
- Driving Directions: Legal Desc.: South Addn. N 40' of Lot 9 Block 27.
School Information
- School District: 111
- Elem School District: 111
- Midd School District: 111
- High School District: 111
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding, Stone
- Exterior Const.: Vinyl Siding, Stone
- Basement: Yes
- Basement Desc.: Partially Finished, Full
- Square Feet: 960
- Sq. Ft. Source: Estimated
- Year Built: 1940
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 40 x 150
- Zoning: SINGL
Financial Considerations
- Assessment Year: 1940
- Tax Amount: $3,170
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16170642301400
Listed by Village Realty, Inc
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Schools
Schools serving 1055 S 4th Ave
School District:Kankakee School District 111
| Name | Grades | Distance |
|---|---|---|
Taft Primary School 1155 West Hawkins Street, Kankakee, IL 60901 | K-3 | 0.6 mi |
John Kennedy Middle Grade School 1550 West Calista Street, Kankakee, IL 60901 | 3-6 | 0.7 mi |
Kankakee Junior High School 2250 East Crestwood Street, Kankakee, IL 60901 | 7-8 | 2.1 mi |
Kankakee High School 1200 West Jeffery Street, Kankakee, IL 60901 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1055 S 4th Ave
Date
Details
Price
Change
Source
3/31/2026
Listed
$114,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1055 S 4th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,170
7%
$32,813
12%
2023
$2,971
12%
$29,232
14%
2022
$2,662
10%
$25,586
10%
2021
$2,431
12%
$23,155
11%
2020
$2,167
8%
$20,813
8%
2019
$2,002
8%
$19,360
8%
2018
$1,858
-10%
$17,926
2%
2017
$2,058
8%
$17,532
2%
2016
$1,908
-2%
$17,188
-5%
2015
$1,951
—
$18,082
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1055 S 4th Ave
1055 S 4th Avenue, Kankakee, IL 60901 (MLS# 12598768) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 1055 S 4th Avenue is currently listed for $114,900 and was received on March 31, 2026. Want to learn more about 1055 S 4th Avenue? Do you have questions about finding other Single Family real estate for sale in Kankakee? You can browse all Kankakee real estate or contact a Coldwell Banker agent to request more information.

