Investor Special or Handy Homeowner Opportunity! Welcome to 432 N Dearborn Ave — a spacious 4-bedroom, 2-bathroom two-story home with loads of potential in the heart of Kankakee. This property needs significant renovation, but for the right buyer, it’s a blank canvas waiting to be transformed. Inside, you'll find a traditional layout with ample room to reconfigure or refresh. Whether you're looking to restore this home to its former charm or add it to your investment portfolio, there's plenty of upside here. Outside, enjoy a large backyard — perfect for entertaining, gardening, or future expansion. Located on a quiet residential street with convenient access to schools, parks, and local amenities. Sold as-is. Cash or renovation loan preferred. Don't miss your chance to bring this diamond in the rough back to life!
For sale
Price cut: $10K (11/10)
$25,000
432 N Dearborn Ave, Kankakee, IL 60901
4beds
1,568sqft
Est.:
Single Family Residence
Built in 1885
7,405.2 Square Feet Lot
$-- Zestimate®
$16/sqft
$-- HOA
What's special
Large backyardTraditional layout
- 167 days |
- 800 |
- 26 |
Zillow last checked: 8 hours ago
Listing updated: November 10, 2025 at 10:40am
Listed by:
Amber Byram 217-443-3211,
Coldwell Banker Real Estate Group
Source: CIBR,MLS#: 6252743
Originating MLS: Central Illinois Board Of REALTORS
Originating MLS: Central Illinois Board Of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Main
- Dimensions: 0 x 0
Bedroom
- Level: Upper
- Dimensions: 0 x 0
Bedroom
- Level: Upper
- Dimensions: 0 x 0
Bedroom
- Level: Upper
- Dimensions: 0 x 0
Dining room
- Level: Main
- Dimensions: 0 x 0
Other
- Level: Main
- Dimensions: 0 x 0
Other
- Level: Upper
- Dimensions: 0 x 0
Kitchen
- Level: Main
- Dimensions: 0 x 0
Living room
- Level: Main
- Dimensions: 0 x 0
Heating
- Oil
Cooling
- None
Appliances
- Included: Gas Water Heater, None
Features
- Basement: Unfinished,Full
- Has fireplace: No
Interior area
- Total structure area: 1,568
- Total interior livable area: 1,568 sqft
- Finished area above ground: 1,568
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
Lot
- Size: 7,405.2 Square Feet
- Dimensions: 50 x 145
Details
- Parcel number: 160932406006
- Zoning: R-1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Asphalt
- Foundation: Basement
- Roof: Asphalt,Shingle
Condition
- Year built: 1885
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Kankakee
Financial & listing details
- Price per square foot: $16/sqft
- Tax assessed value: $39,480
- Annual tax amount: $1,556
- Date on market: 6/25/2025
- Cumulative days on market: 132 days
- Road surface type: None
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/25/2025 | Listed for rent | $600 |
Source: Zillow Rentals Report a problem | ||
| 11/10/2025 | Price change | $25,000-28.6%$16/sqft |
Source:  CIBR #6252743 Report a problem | ||
| 10/23/2025 | Listed for sale | $35,000$22/sqft |
Source: CIBR #6252743 Report a problem | ||
| 9/18/2025 | Pending sale | $35,000$22/sqft |
Source: CIBR #6252743 Report a problem | ||
| 8/18/2025 | Price change | $35,000-12.3%$22/sqft |
Source: CIBR #6252743 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,556 +3.8% | $13,160 +12.2% |
| 2023 | $1,499 +7.5% | $11,724 +14.3% |
| 2022 | $1,394 +6% | $10,261 +10.5% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$150/mo
Principal & interest
$97
Property taxes
$44
Home insurance
$9
Climate risks
Neighborhood: 60901
Nearby schools
GreatSchools rating
- 1/10John Kennedy Middle Grade SchoolGrades: 2-6Distance: 1.5 mi
- 2/10Kankakee Junior High SchoolGrades: 7-8Distance: 1.6 mi
- 2/10Kankakee High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- District: Kankakee Unit District 111
Source: CIBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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